90-100 – CRI Report

Global E-Commerce Market (2019-2024) Share, Scope, Revenue, Trends, Drivers, Challenges, Segmentation based on Product Category (Consumer electronics, Food and beverage, travel and hospitality, Apparel and accessories, Health and beauty, Auto accessories, Others) Channel (Retail, Wholesale) and Geography (North America, Asia Pacific, The Middle East and Africa, Europe and Latin America)

admin — Sat, 12 Sep 2020 05:18:38 +0000

E-commerce is reshaping the modern marketplace by offering better shopping experiences to customers, such as the availability of choices, easy return policies, and door-step delivery services. Increased Internet penetration, introduction of different types of payment methods like electronic wallets, online payment apps and other contactless technologies, and social media are some of the major factors driving market growth. The global e-commerce market is projected to expand at a CAGR of 32.4%, and will reach a value of USD 34.2 Tn by 2024.

Segmentation based on product category:
The consumer electronics segment holds the largest market share, and is predicted to expand at a CAGR of XX% during the forecast period. Policies like easy returns, enhanced customer support, and an abundance of choices are making consumers prefer online shopping over brick and mortar stores for buying electronic gadgets. The auto accessories segment is anticipated to have the highest CAGR during the 2019-2024 period.

Segmentation based on channel:
The wholesale e-commerce market held the largest market share in 2018, and is expected to have the highest CAGR during the forecast period. Across regions, e-commerce platforms are focusing on enhancing their business to business transaction capabilities, to facilitate bulk merchandise purchasing procedures for retailers, for their registered businesses. Leading e-commerce giants like Amazon and eBay are improving their wholesale e-commerce services by providing features like pay-by-invoice, approval workflows, and multi-user accounts to help business customers.

Regional insights:
The e-commerce market in the Asia-Pacific region is projected to expand at the highest CAGR during the forecast period, owing to the presence of a number of major players in the region, like Alibaba and JD.COM. Companies are continuously reshaping the e-commerce landscape in the region by utilizing advanced technologies like the Internet of Things, data analytics, artificial intelligence, and machine learning to enhance the agility of the supply-chain to facilitate real-time tracking, quick responses to customers’ queries, and flexible adjustments in production.

Companies covered:
– Amazon
– eBay Inc.
– JD.COM
– Alibaba Group
– Walmart Inc.
– Booking Holdings Inc.
– Expedia Group
– Otto Group
– The Home Depot
– Costco Wholesale Corporation

The post Global E-Commerce Market (2019-2024) Share, Scope, Revenue, Trends, Drivers, Challenges, Segmentation based on Product Category (Consumer electronics, Food and beverage, travel and hospitality, Apparel and accessories, Health and beauty, Auto accessories, Others) Channel (Retail, Wholesale) and Geography (North America, Asia Pacific, The Middle East and Africa, Europe and Latin America) first appeared on CRI Report.

Competitive Benchmarking of Mobile Gaming Companies

admin — Mon, 10 Jun 2019 06:36:44 +0000

Competitive benchmarking portrays a picture of the global companies in terms of how they are positioned in the market. It helps identify the best practices which can help companies remain competitive, by tracking the performance and activities of competitors.

Product Objectives:
Competitive matrix gives you an edge by indicating what and where other companies are focussing more on. It enables you to understand the overall conduct of potential mobile gaming companies in the market.

The benchmarking also gives an understanding about the operational efficiency of the entities. Relatively smaller yet growing companies can track how leaders in gaming industry are performing in the market. Companies can choose to trace their investments, organic and inorganic growth strategies, and innovations the competitors are actively pursuing.

Competitive Benchmarking of Mobile Gaming Companies

Business Benefits:
1) With the benchmarking report, one can be well versed about the leaders, challengers, innovators, and niche players

2) Be informed about the prospective competitors gaining edge and progressing rapidly

3) Understand the customer preferences towards different competitors and their products

4) Apprehend the kind of brand image that the mobile gaming companies have in the market

5) How different companies are emphasizing on the R&D and innovation

6) Which competitors are approaching expansion and product development, and where does the priority lie

7) Companies can fine-tune business efforts and form new market strategies based on the evaluation

8) The benchmark can also act as the early indicator of which companies are best suited for investments, prospecting, and strategic alliance

How the companies were selected:
The companies were chosen based on a plethora of parameters, such as financial strengths, intensity in their business activities in the market, the innovations that they are invested on, the mergers and acquisitions that they made in the recent years, amongst others. We also took into consideration the leading global companies that were relatively small compared to the others but are driving the market with products and innovation.

The companies that we have taken into consideration are,

Activision Blizzard
Bandai Namco Entertainment
Electronic Arts
Gameloft
NetEase, Inc.
Netmarble
Take-Two Interactive
Tencent
Ubisoft
Zynga
How we evaluated and analyzed:
The analysis was conducted after separating the parameters into business capabilities and solution/product capabilities. Financial strength was given significant weight while determining their position in the market. In the financial strength parameter, net revenue growth was a vital sub-parameter. The companies’ global presence, their marketing and positioning strategies, their sales strategies were also considered while evaluation and scoring the companies. Parameters such as product launch was one of influencing factor under the product capabilities. These are only a few parameters and sub-parameters by which each of the companies were evaluated.

Scoring was done based on relative positioning of the companies as well as assigned weighted-average against sub-parameters. This helped in drawing a conclusive, fair, and unbiased analysis of the competitors in the global mobile-gaming market.

Tencent, Ubisoft, and Electronic Arts are the leaders in the mobile gaming space. The organic growth strategies carried out by these three companies outnumbered the others. All three companies aim at establishing a better connection with their consumers through an open and connected ecosystem. Also, they have a refined market and positioning strategy in place. In terms of the inorganic growth strategies, Ubisoft and Electronic Arts are the trend-setters. EA partnered with Sony, Microsoft, Apple, Google, and other app stores to expand its customer base. Ubisoft made several acquisitions and partnerships to improve the consumers’ gaming experiences and to strengthen its online services.

Activision Blizzard and Take-Two Interactive are the challengers in the mobile gaming segment. Activision Blizzard has a commendable brand image, global presence in the market, and an well-defined marketing and sales strategies working in its favour. It, however, falls behind in terms of the number of yearly mobile game launches. In the year 2018, it announced only two major mobile games, Diablo Immortal and Call of Duty: Legends of War. Also, most of its mobile games are restricted to the casual genre, unlike the other companies. Take-Two Interactive performed well in the sales and organic strategy sub-parameter. It can improve its position in the market by providing more engaging gaming content and expanding its global presence as its gaming services are mostly constricted to the US.

NetEase and Gameloft performed well in terms of product capabilities, but were held back by their business capabilities, comparatively. Though Gameloft offers several options to its consumers in terms of genre and theme, it needs to work on several areas including brand image, innovation and R&D, and organic strategies to improve its position in the market. NetEase was amongst the leading companies who invested the most in the R&D. Also, it launched over 15 mobile games in the year 2018 alone. The company’s mobile games are available across multiple genres and themes including action, adventure, RPG, strategy, casual, MMO, battle royale, and so on.

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Global Laboratory Equipment Market (2018-2023)

admin — Mon, 10 Jun 2019 06:36:37 +0000

The global laboratory equipment market is projected to expand at a compound annual growth rate (CAGR) of 8.0% during the 2018-2023 period, and will reach USD 84.4 Bn by 2023. Increasing life sciences research is responsible for a major part of the huge demand for laboratory equipment across the globe. The market is segmented based on technologies like spectroscopy, chromatography, flow cytometry, next-generation sequencing, etc. Increase in incidence of chronic diseases such as diabetes and respiratory ailments, and the higher demand for timely and early detection of diseases will aid the growth of the market in the near future.
Segmentation based on technologies
Based on technologies, the ‘other’ technologies segment had the highest market share (45.8%) in 2018, owing to a growing geriatric population, rapidly emerging diagnostics centers and hospitals, and technological advancements. Time-consuming operations and mechanical failure of equipment are major challenges faced by users. It is followed by the spectroscopy segment, with a market share of 21.3% in 2018. This is due to the increased demand for spectrometers in the life sciences sector for the analysis of drugs and biomolecules.
Regional insights
The North America laboratory equipment market is projected to expand at a CAGR of 7.8% during the 2018-2023 period, leading to global revenue of USD 33.7 Bn by 2023. An increasing number of clinical trials and higher funding for life sciences research will aid the growth of the market. Europe, a region characterized by high awareness and a wide range of laboratory equipment, is anticipated to expand at a CAGR of 7.9% during the forecast period. The Asia-Pacific laboratory equipment market is expected to expand at the highest CAGR (8.4%) during the 2018-2023 period. Latin America, and the Middle East and Africa markets, still in the nascent stages, will also experience high growth.
Companies covered
• Danaher Corporation
• Thermo Fischer
• Agilent Technologies
• Waters Corporation
• PerkinElmer Corporation
• Bio-Rad Laboratories
• Shimadzu Corporation
• Bruker Corporation

The post Global Laboratory Equipment Market (2018-2023) first appeared on CRI Report.

Blockchain: Adoption in Healthcare Industry

admin — Mon, 10 Jun 2019 06:36:29 +0000

Until recently, Blockchain technology owed its popularity primarily to its role in transforming the digital currency sector, with Bitcoin being the game-changer in this regard. However, the possibilities of the core technology of Blockchain are limitless. It is capable of, and has been causing a significant amount of disruption in industries across the world, especially the healthcare sector, a primary focus area at this point of time. Digital transformations and technological advancements in every business segment of the healthcare sector is a notable trend. The healthcare industry however, comes with its set of challenges – lack of interoperability and limited linkage between healthcare storage systems are major concerns as far as management of medical data is concerned. Blockchain technology is increasingly being touted as the solution for interoperability and security issues that plague traditional healthcare systems. This report includes a comprehensive analysis of the adoption of Blockchain technology in the healthcare industry, and highlights the major trends and opportunities across the ecosystem.
Blockchain Impact and Adoption Trend Analysis
This section of the report throws light on the segments of the healthcare industry from the perspective of Blockchain technology, including its structure and ecosystem, foundational elements, types of Blockchains and their uses, and a detailed analysis of the impact of this technology on the healthcare industry.
The section also provides a detailed analysis of the various use cases and applications of Blockchain in healthcare, its benefits, implementation challenges, and the expected timeline for its adoption in healthcare. Moreover, it highlights the future business models and opportunities that are anticipated to arise from the adoption of Blockchain.
Competitive Analysis
This section includes a list of the top innovators and disruptors that are making their mark in the industry. Some of the top companies that are focused on healthcare services through Blockchain-enabled healthcare solutions – including asset management, contract management, bills and claims management, medical and health records, medication and treatment adherence, clinical trial records, etc. – have been profiled in detail in this section of the report. The section also addresses and provides answers to questions pertaining to product offerings and technologies, key developments, funding activities, and the outlook that will define the future of Blockchain in the healthcare industry.
Some of the companies included and profiled in the report are Change Healthcare, IBM, Accenture, TraceLink, SAP, Oracle, MedicalChain, Nebula Genomics, Hashed Health, Doc.ai, etc.

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Global Frozen Food Market (2018-2023)

admin — Mon, 10 Jun 2019 06:36:09 +0000

The global frozen food market is expected to expand at a CAGR of 4.5% and will be worth USD 377.3 Bn by 2023. The main factor driving the market is the change in population composition and the change in lifestyle. The proportion of millennials in the population has increased considerably in the recent past. They are starting to consider frozen food as a viable alternative because it is more convenient to use and befits their busy schedule. Additionally, restaurants and fast food chains have also increased the usage of frozen food to make their offerings more cost effective.
Segmentation based on product
The various frozen food products available in the market are meals, fruits and vegetables, meat and seafood, and snacks, among others. The frozen meal market is expected to have the highest global revenue generation of USD 149.9 Bn by 2023 growing at a CAGR of 4.2%. The frozen meat and seafood market is expected to be the second-largest market segment having a global revenue of USD 120.3 Bn by 2023 and CAGR of 3.3%. The growth can be attributed to convenience, availability of various cuisine options and the change of perception of people towards frozen food. Moreover, due to hectic lifestyle, time available for home cooking and grocery shopping is expected to witness a decline. These factors will also contribute heavily to the growth of the market.
Regional insights
North America is the leading contributor to the global frozen food market. The North American frozen food market is projected to expand at a CAGR of 3.4% during 2018-2023, leading to a regional revenue of USD 183.4 Bn by 2023. However, the Asia-Pacific (APAC) region is anticipated to expand at the highest CAGR of 7.3% between 2018 and 2023. The growth can be attributed to increase in per capita income and rapid urbanization. In the LATAM frozen food market, Brazil, Argentina and Mexico are the key contributing countries. In the MEA frozen food market, Saudi Arabia and the United Arab Emirates are the key contributors.
Companies Covered
• Cargill
• Nestle
• JBS
• Tyson
• Kraft Heinz
• General Mills
• Ajinomoto
• BRF
• Conagra

The post Global Frozen Food Market (2018-2023) first appeared on CRI Report.

Global Connected Retail Solutions Market (2018-2023)

admin — Mon, 10 Jun 2019 06:36:03 +0000

The global connected retail solutions market is predicted to expand at a CAGR of 19.5% and will be valued at USD 65.3 Bn by 2023. Technological disruptions like the Internet of Things (IoT), and the introduction of artificial intelligence and machine learning are the key drivers of the connected retail solutions market. Also, customers these days demand more focused and convenient shopping experiences when they walk into stores or browse online shopping portals. At the same time, retailers are trying to address customers’ needs by providing more personalized services. To achieve this, they are deploying connected retail solutions to have a clearer view of the supply chain, so that they can undertake data-driven customer relationship management, and for real-time business analysis.
Segmentation based on applications
The applications of connected retail solutions are supply chain management (SCM), customer relationship management (CRM), business analysis/business intelligence (BA/BI), and others. The ‘others’ sub-segment includes human resource management, and other enterprise resource planning (ERP) applications. SCM-based connected retail solutions are predicted to have the highest CAGR (32.1%), and will generate a value of USD 22.7 Bn by 2023. With the continuous shift from ‘on-shelf availability’ to ‘on-demand availability,’ retailers are under enormous pressure to deliver products according to customers’ choice of time and place. Retailers are constantly in pursuit of solutions which will help them tackle the challenges faced at different levels of the supply chain, implying that the market is poised for growth during the forecast period.
Regional insights
North America is anticipated to be the leading region in the global connected retail solutions market, with a share of 46.8%. This is mainly due to Internet penetration in the region, which is a key determining factor for the growth of the connected retail solutions market. Internet penetration in this region is the highest in comparison to the other regions of the world, with Canada in the lead with 93%, followed by the U.S. (87%). The Asia-Pacific region will witness the highest CAGR of 25.2% during the forecast period of 2018-2023. China and the ASEAN countries are the key countries contributing to the revenue of the connected retail solutions market in the Asia-Pacific region. Retailers in the region are making in-store experiences more personal and satisfying by putting artificial intelligence to work.
Companies covered
• Cisco Systems, Inc.
• Microsoft Corporation
• IBM Corporation
• Google
• Amazon
• SAP SE
• Fujitsu Limited
• Softweb Solutions, Inc.
• Intel Corporation
• Honeywell International, Inc.

The post Global Connected Retail Solutions Market (2018-2023) first appeared on CRI Report.

Global NGS Library Preparation Market (2018-2023)

admin — Fri, 12 Apr 2019 02:39:34 +0000

NGS library construction involves preparing nucleic acid targets using a coordinated series of enzymatic reactions to produce a random collection of DNA fragments, of a specific size, for high throughput sequencing. The decreasing cost of next-generation sequencing (NGS) library preparation solutions is making the technology more affordable and widely accessible. This is the key growth driver for the global NGS library preparation market, which is expected to reach approximately USD 1.33 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 11.3% during 2018-2023.
Application segment insights:
Based on application, the small RNA sequencing market is anticipated to grow at a high CAGR of about 14.1% than that of the others. This is primarily because of its increased use as an identifier of novel biomarkers. Also, miRNAs are involved in many important physiological processes, such as the development and maturation of the nervous system. Thus, the growing use of small RNA sequencing in the diagnosis and treatment of diseases related to the brain/nervous system also pose as a noteworthy driver for the growth of the market.

Products segment insights:
The products of the NGS library preparation market in this report can be classified into consumables, instruments/workstations/platforms, and others (ancillary equipment). The consumables sub-segment dominates with a market share of 51.9%. This is mainly because of the rising demand for consumable products like library preparation reagents and other kits with growth prospects in research projects. The challenge faced by the market is that most of the library preparation kits are designed to work with a particular brand of instrument. This, in turn, increases the bargaining power of supplier and restraints the wide adoption of these kits in mid and small-sized labs. The sub-segment is predicted to expand at a CAGR of 10.0% during the forecast period.

Area segment insights:
Based on area, the NGS library preparation market is divided into the following segments—clinical diagnostics and research. The research segment holds the lion’s share of this market. This is due to the growth of various research projects like oncology, agrigenomics, immuno-oncology research, neurosciences, microbial genomics, and drug discovery. The increasing adoption of NGS tools by contract research organizations (CROs) and research wings of pharmaceutical, as well as biotechnological companies all over the world is further adding to the growth of this particular segment.

Regional insights:
North America is leading the innovation in the NGS library preparation market and occupied approximately 50% of the global market in 2017. This is because of the high adoption rate of library preparation tools in the region among both research and diagnostics segments. The North American NGS library preparation market is predicted to expand at a CAGR of 9.5% in the forecast period. The Asia-Pacific region is growing at a high growth rate of about 14.0%. This is because Asia is emerging as a powerhouse of pharmaceutical research and development (R&D) facilitated by the availability of a vast patient population, quality data, lower costs and skilled manpower. This is driving the adoption of NGS library tools in the region.

Companies covered:
Illumina, Inc.
Roche Holding AG
Thermo Fisher Scientific, Inc
PerkinElmer, Inc.
Qiagen NV
Bio-Rad Laboratories, Inc.
Abcam
Meridian Biosciences Inc.
Epigentek Group Inc.
New England Biolabs Inc.

Customizations available:

The post Global NGS Library Preparation Market (2018-2023) first appeared on CRI Report.

Global Air Purifier Market (2018-2023)

admin — Fri, 12 Apr 2019 02:39:30 +0000

Increasing concerns regarding poor indoor air quality (IAQ), and growing ailments associated with air pollution are responsible for driving the demand of air purification systems. The global air purifier market is expected to reach approximately USD 6.18 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 5.2% during 2018-2023.

Filter type segment insights:
Based on filter type, the market has been segregated into high efficiency particulate air (HEPA) filters, ionic filters, and activated carbon and electrostatic precipitators. The HEPA filters segment dominated the residential air purifiers market in 2018, and is expected to remain dominant over the forecast period. HEPA filters in residential air purifiers help trap air pollutants and aid in providing relief from allergens. Activated carbon is the other crucial market segment, accounting for more than a quarter of the global share in 2018. Electrostatic precipitator and ionic filters account for 37% of the global air purifier market, showing moderate growth during the forecast period.

Regional insights:
Rise in the adoption of residential air purifiers in countries such as Brazil, China and India, has increased the demand for residential air purifiers globally, owing to the amount of indoor pollution. Asia-Pacific (APAC) accounted for majority of the market share for residential air purifiers in 2018, and the region is expected to remain a significant revenue contributor over the forecast period. China and India lead the market due to increased adoption of residential air purifiers, along with the growing urban population share in the APAC region. In the Americas, increase in adoption of air purifiers equipped with HEPA-based filter system to eliminate smoke and dust from air indoors is helping maintain the market’s growth momentum. The Middle East and Africa (MEA) is slated to be one of the fast-growing regions over the estimated period of time as it continues to invest in infrastructure and other construction activities. Europe accounts for a steady demand of air purifiers due to the increasing awareness regarding its health benefits.

Companies covered:
Sharp Corporation
Panasonic
Honeywell International
Coway Co. Ltd.
Daikin
Samsung Electronics Co., Ltd.
Whirlpool Corporation
L.G. Electronics

Customizations available:

The post Global Air Purifier Market (2018-2023) first appeared on CRI Report.

Global SOC IoT Innovation Trends

admin — Fri, 12 Apr 2019 02:39:29 +0000

The semiconductor industry is constantly confronted by design and device-integration challenges, since IoT applications and consumers demand small, portable, and multi-functional electronics. With hardware designing constantly evolving, a new class of designers is stepping up to take on these challenges, using various silicon implementations. The advantages of system-on-a-chip (SoC) over other silicon implementations make it the most suitable solution for intelligent edge computing in IoT applications.
The rise of IoT products and platforms has led to a number of challenges that need to be addressed to explore the full potential of IoT systems and their related emerging applications. This report includes a comprehensive analysis of the SoC-IoT space, highlighting the major trends and opportunities across the ecosystem.
Competitive analysis
This section includes a list of the emerging companies to look out for. More than 40 companies have been reported on, which are focused on various technological aspects of the SoC-IoT ecosystem, including power management, memory-related solutions, design tools, RISC-V architecture, etc. The companies are profiled in detail to answer the questions pertaining to different factors, including product offerings and technology, key personnel, partnerships, customers, patenting activities, funding details, and the future outlook. Mid-stage companies that can be potential targets have also been included.
Some of the companies covered include Ambiq Micro, PLSense, Wiliot, PSikick, Crossbar, The Ferrorelectric Memory Company (FMC), Baum, GreenWaves Technologies, SiFive, Ineda Systems, Eta Compute, Morse Micro, etc.
Acquisition trends
An assessment of acquisition trends since 2014 provides insights into the inorganic growth routes adopted by established companies for differentiating their products, and coping with competition. The key technologies acquired through these deals are related to mixed-signal solutions, always-on communication, design capabilities, and memory technologies. Various strategic drivers related to the transactions are also included in the report. The acquisition trends suggest that mid-stage companies are also being considered as potential targets by established players.
Key insights:
o The SoC-IoT ecosystem has shifted the industry to a collaborative structure, wherein chip manufacturers and IP vendors work together for meeting design requirements, including integration of software-hardware, analog-digital, and IP block reuse.
o Key players can partner with start-ups that offer critical innovation by providing solutions to the challenges in the market.
o Custom SoCs are an emerging trend for achieving tailor-made solutions utilizing AI, ML, etc., that can handle massive computing requirements. RISC-V architecture is one such viable, open-source option that is gaining recognition.
o With the introduction of eFPGA, it is now possible to integrate SoC and FPGA into a single design, making SoC configurable and reconfigurable to meet the requirements of the future IoT market.
o Edge computing and analytics on the edge are driving the market for on-chip ML and AI solutions.
Key questions addressed in the report:
o What are the drivers, challenges and design requirements related to SoC-IoT implementation?
o What are the major trends related to industry adoption and techniques for future integration?
o Who are the innovative and disruptive entities (start-ups and mid-stage companies) that can be considered as potential targets in the SoC-IoT market?
o What are the acquisition trends in the SoC-IoT space since 2014?
o What are the opportunities for industry players in the SoC-IoT ecosystem?

The post Global SOC IoT Innovation Trends first appeared on CRI Report.

Global Probiotic Supplements Market (2018 – 2027)

admin — Fri, 12 Apr 2019 02:39:27 +0000

The global probiotic supplements market is projected to expand at a compound annual growth rate (CAGR) of 10.43%, and will reach USD 3.28 Bn by 2027. Awareness about health and fitness is augmenting the need for nutritional diets and maintenance of healthy microbiota, thereby propelling the demand for probiotic supplements.
Form segment insights:
Probiotics are consumed mostly in dry form as capsules, powder, chewable, and tablets. The rising adoption of gummies and chewable probiotic supplements is expected to increase the growth of the dry probiotics market across the world. The dry probiotic supplements segment held a market share of 83% in 2017. The development of dry probiotic supplements for chronic diseases will fuel the growth of the segment, at an expected CAGR of 10.15% during the 2018-2027 period.
Source segment insights:
Based on the source, the market was dominated by the bacteria-based probiotic supplements segment, with a 91% share in 2017. Most probiotic supplements include bacterial strains, of which, Lactobacillus sp and Bifidobacterium sp are used widely for the maintenance of healthy microbiota.
Distribution channel segment insights:
The pharmacy store-based probiotic supplements segment was the leading contributor to the global probiotic supplements market, having generated 46% of the market value in 2017. However, the online store-based probiotic supplements segment is expected to witness the highest expansion, at a CAGR of 13.49% during the 2018-2027 period. The key online distribution channels for probiotic supplements include Amazon, Costco, and The Vitamin Shoppe, among others.
Application segmentation insights:
The segment for gastrointestinal health will be the leading contributor to the global probiotic supplements market, and is anticipated to contribute approximately 64% to the global market value by 2027. The reason for being the leading application segment can be attributed to the increasing prevalence of digestive diseases and diarrhea, due to changing food habits and lifestyle, especially in developing countries.
Regional insights:
The North America probiotic supplements market is projected to expand at a CAGR of 10.68% during the 2018-2027 period, leading to a global revenue of USD 1483.1 Mn by 2027. Increasing awareness about the benefits of probiotic supplements, and inclinations towards preventive care will aid the growth of the market. The Asia-Pacific probiotic supplements market is expected to expand at the highest CAGR of 11.34% between 2018 and 2027.

Companies covered:
• Sanofi
• The Procter & Gamble Company
• Novartis
• i-Health, Inc.
• Taisho Pharmaceutical Holdings Co., Ltd.
• BioGaia
• Bayer Group
• Probi AB
• RENEW LIFE
• Danisco A/S

Customizations available

The post Global Probiotic Supplements Market (2018 – 2027) first appeared on CRI Report.