Bacillus Coagulans Market: Domestic and Regional Players Hold Nearly 60-70% Share – Fact.MR Study

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Bacillus Coagulans market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Bacillus Coagulans

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This newly published and insightful report sheds light on Market Insights of Bacillus Coagulans, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Bacillus Coagulans Market.

Sales of bacillus coagulans have witnessed a sheer proliferation in the recent past in line with rising consumer preference for probiotic diet and growing digestive disorders. The bacillus coagulans market is expected to witness sales surpassing 41 thousand tons by 2019, as per the latest research study by Fact.MR.

Interest in probiotic fortified functional foods and beverages continues to grow across countries. Exhibiting the characteristics of both lactobacillus and bacillus genera, bacillus coagulans have recently attracted the attention of food manufacturers and researchers. A large number of studies are being conducted on the low-cost microbial production of bacillus coagulans for use in the food industry.

emerging business trends impacting stakeholders

According to Fact.MR’s report, cost-effectiveness and better stability and survival of bacillus coagulans in high-temperature, heat-treated food products are the major factors fostering the adoption rate of bacillus coagulans in the food and beverages industry. Bacillus coagulans is being increasingly used in food supplements to strengthen the immune system, provide anti-allergy effect, and reduce gastrointestinal system infection.

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Market Structure

The report includes a segment-wise analysis of bacillus coagulans market. The bacillus coagulans market is divided into product type, application, and form. These segments are further divided into sub-segments.

Based on the product type, the bacillus coagulans market is segmented into animal-based and plant-based. On the basis of form, the market segment includes pellets and capsules.

In terms of the application, the bacillus coagulans market is segmented into food & beverages, cosmetics & personal care, animal feed, pharmaceuticals, and nutraceutical.

Key Players

In contrast, leading players in the bacillus coagulans market are focusing on expanding their manufacturing facilities in Asia.

These players are also focusing on entering into a strategic partnership with regional distributors and suppliers. Some of the notable developments in the bacillus coagulans market include,

  • Ganeden, a US-based probiotic ingredient manufacturer, was recently acquired by Kerry Group. As a result of the acquisition, Ganeden technologies will be extended into wider application across Kerry’s developed and developing markets.
  • Sabinsa Corp. has opened its new office in Toronto, expanding its presence in Canada. The company has around 30 natural products approved by Health Canada. The new office will facilitate Canadian importers to comply with Canadian regulations.
  • Mitsubishi Chemical and JD.Com have entered into a partnership to launch the largest “plant factory” in China based on hydroponic technology. The factory is nearly 11,040 square meters. The factory produces red and green lettuce, spinach, cabbage, coriander, and other vegetables. The factory is able to produce more vegetables compared to the conventional system.
  • UAS Laboratories has announced the acquisition of Nebraska Cultures Inc. Through the acquisition, UAS has exclusivity over Lactobacillus Acidophilus DDS-1 and ProDURA brand.
  • Throne entered into a joint strategic investment with Kirin Holdings Company and Mitsui & Co. Ltd. This strategic investment will help Throne to expand its personalized health products and technology platform and grow its businesses in Asia.

The report provides a competition scenario and updated information on the leading players.

Some of the major players in bacillus coagulans are Mitsubishi Chemical Foods Corporation, Ganeden, Nebraska Cultures, UAS Laboratories, Sabinsa Corporation, Syngen Biotech, Sanzyme, Microbax, Mystical Biotech Pvt. Ltd, Thorne, Aumgene Bioscience, and other key players.

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APEJ Holds Pole Position in the Market, Greater China to Witness Higher Growth Rate

With volume sales exceeding15 thousand tons in 2019, APEJ is projected to hold a strong position in the bacillus coagulans market, according to the Fact.MR report. Demand in China continues to grow at a brisk pace. The approval of bacillus coagulans for use as an ingredient in the food and beverages fortification in Asian markets is driving the demand for bacillus coagulans.

Key consumer groups in Greater China including the rising population aged 60 and above as well as families with children are focusing on consuming fortified food products and promoting digestive system health. With the approval of bacillus coagulans in the list of bacteria used in food in China, there has been a rise in usage of bacillus coagulans in functional food as well as infant food products in China.

Bacillus coagulans producers in developed regions including North America and Europe are moving towards new distribution partnerships to increase product availability in Asia. Leading players in the bacillus coagulans market in North America are entering a strategic alliance to bring new patented innovation in the food and beverages industry in the region, as per the report.

Production of new foods and beverages for children is outpacing the total market. Food and beverages companies across countries are innovating new product lines by including probiotic ingredients and supplements in food products for infants and growing children. Probiotic chocolates, milk, and juices fortified with probiotics such as bacillus coagulans are some of the products with health benefits supporting immune and digestive health.

The Fact.MR report provides key insights on the growth potential of the bacillus coagulans for the forecast period 2018-2028. According to the report, the bacillus coagulans market is expected to register a CAGR of 7.6% in terms of volume between 2018 and 2028.

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More Valuable Insights on Bacillus Coagulans Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Bacillus Coagulans, Sales and Demand of Bacillus Coagulans, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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