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The global market for probiotic ingredients, supplements and foods was worth $14.9 billion in 2007 and is expected to reach $15.9 billion in 2008, and $19.6 billion in 2013, a compound annual growth rate (CAGR) of 4.3 percent, according to Wellesley, Mass.-based BCC Research.
Foods accounts for the largest share of the market. Worth an estimated $13.8 billion in 2008, this segment should reach $17.0 billion in 2013, a CAGR of 4.2 percent. Food applications for probiotics are found mostly in dairy products, with yogurts, kefir and cultured drinks representing the major categories of probiotic foods. Yogurt products accounted for the largest share of sales, representing 36.6 percent. Emerging food applications include probiotic cheese, nutrition bars, breakfast cereal, and infant formula.
The second largest segment, probiotic supplements, was worth $1.2 billion in 2007, is expected to increase to $1.3 billion in 2013, and reach $1.7 in 2013, a CAGR of 5.8 percent. Probiotics are used in the manufacture of supplements sold in the form of capsules, tablets and powders. Probiotic supplements in capsule form accounted for the largest share of sales, representing 75 percent.
Probiotic ingredients will be worth $797.6 million in 2008 and increase to $917 million by the end of 2013, a CAGR of 2.8 percent. Probiotics of the lactobacillus genus accounted for the largest share, representing 61.9 percent of total sales in 2007.
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