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At 8.4% CAGR, Probiotics Market Size is Expected to Reach USD 108.16 Billion to 2028 By Globally, says Brandessence Market Research

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2 years ago

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The Probiotics Market size reached USD 61.50 Billion in 2021. The Probiotics Market is growing at robust CAGR of 8.4%, and reach size of USD 108.16 Billion by end of Forecast 2028 Research Report Published by Brandessence Market Research.

Increasing demand of dietary supplements coupled with a preference towards healthy foods probiotics for immunity boosting, rising geriatric population and growing awareness regarding the health benefits of consuming probiotics amongst consumers are some of the major factors anticipated to drive the growth of Global Probiotic Market.

An unforeseen illness in the world that is the COVID-19 has plagued the world in the last few years and that has affected the market in a positive way as there has been a growth in awareness of the probiotic product. The upsurge in the health concerns as well as the consumer awareness and the demands of the consumers for the probiotics which has been resulting in the increase of the food products and probiotics diary. Further, the available stock in medical health department have been giving consumers a lot of options such as the ice cream, yoghurt and cheese for the consumption of the beneficial bacteria.

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Scope of The Probiotics Market Report:

The global probiotics market has been the one that is expected to see a good amount of growth in the next decade or so. Probiotics are the microorganisms like yeast and bacteria which has helped the animals and humans maintain the balance of intestinal microbial balance. The ingredients of probiotics stimulate the natural enzymes and digestive juices in the body and ensure that the proper functions of digestion are taking place. These may be taken as supplements or orally. Probiotic shields are the healthy organisms which prevent the harmful ones. The products are used for diagnosing mental illness as well as treating the neurological disorders and digestive issues. Also, these strengthen the immune system of humans, protect the proteins and lipids from damages and reduce the body pathogens.

There is an increase in the preferences of the consumers towards the natural products and that has to act as a big factor that will play in the favor of the global market growth. The growing concern that the consumers have towards the healthcare and the effectiveness of this bacteria which has been proven are expanding the global market. The probiotics demand has been expected to see an increase because of an exponential growth in functional food consumption which further provides the basic nutrition and can potentially improve the health.

The Probiotics  major companies

  • Nestle S.A.
  • Yakult Honsha Co. Ltd.
  • Protexin
  • Danone
  • Chr. Yakult Honsha Co. Ltd.
  • Probi AB, Inc.
  • Nestle S.A.
  • Hansen Holding A/S
  • E. I. du Pont de Nemours and Company
  • Bio Gaia AB
  • Lifeway Foods
  • Ganeden, Inc.

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Segmentation Analysis:

As per the segmentation of the probiotics market analysis, this market has been segmented into the application, function, ingredient, region and end user. In terms of ingredient the global market has been categorized into yeast and bacteria. On the basis of functionality, this market has been segmented into preventive, therapeutic and regular healthcare. In terms of application, this market has been segmented into dietary supplement, food and beverage as well as animal feed. In terms of end users, it has been segmented into the animal and human segment.

In terms of ingredient, bacteria segment has been gaining the biggest share in the market because of the surging demand for the probiotics which are bacteria derived. On the basis of function, the segment of the preventive healthcare has been leading the market which the biggest share in the coming years. This has been due to the growing issues in health and the marketing investments in research and development. On the basis of application, it is the dietary supplements which has been the segment that has been acquiring the top position and the biggest share in the market. This is also because a few manufacturers have been adding different forms of dietary fibers along with other products. In terms of the end users, the human segment has been doing well as there is a drive to keep the gut healthy that has grown the demand in the market. In terms of region, the probiotics market size has grown in the Asia pacific region and there is going to be further growth in the market as the population becomes more conscious.

By Application:

  • Food & Beverages
  • Dietary Supplements
  • Animal Feed

By Function:

  • Regular
  • Preventative Healthcare
  • Therapeutic

By Ingredient:

  • Bacteria
  • Yeast

By End-Use:

  • Human Probiotics
  • Animal Probiotics

Key Benefits:

A lot of people in the world today are suffering from digestive issues, obesity, vaginal infections, gastrointestinal infections as well as other ailments. Taking these things in contention, the global market has been expected to grow as the demand for the treatment of these illnesses comes in probiotics market. There is also a great increase in the health concerns of people and it is only going to grow in the coming years. Probiotics ingredients market will also consequently grow.

A lot of the consumers who are not aware of the benefits of the probiotics are restraining the global market. There are many publications which the organizations are trying to come out with to raise the awareness levels of people towards the probiotic consumption. This has been coupled with the research and development that has been done by the companies to meet the needs of the industry and be competitive in the global market. There is huge investment which can be expected in future for the improvement of quality of these products. Probiotic market size will grow as a result in the near future.

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Recent Development:

Indian Scientists Developed Next-Generation Probiotic That Provides Hope for Longevity, Healthy Ageing

On February 11th, 2022; A team of scientists at the Institute of Advanced Study in Science and Technology (IASST), Guwahati, an autonomous institute of the Department of Science & Technology, Govt. of India recognized the next-generation probiotic bacterium Lactobacillus Plantarum JBC5 from a dairy food product that showed great promise in promoting healthy ageing. The team has also developed a yogurt using this probiotic bacterium which may be consumed to derive of these health benefits. The recent advances in life science have increased anticipation and have led to the rapid climb of the aging population. The scientists found the next-generation probiotic bacterium Lactobacillus Plantarum JBC5 from a foodstuff that shows great promise in promoting healthy aging on a model organism called Caenorhabditis Elegans a free-living, transparent nematode living temperate soil environments.

Probiotics Market Demand:

The global probiotics market growth can be directly said to be proportional to the increase in favorable support by governments and increase in consumer spending; that is a big factor which has been driving the growth of this market. The surge in this demand for the product among the conscious consumers is driving the growth of the probiotics market.

There is a dearth of proper regulations in this industry and that has been expected to impede the growth of the market. Further, the probiotics have a need for storing it properly as they are organisms which can be weakened easily as they are highly sensitive to many external factors. Further, a lot of these probiotics are not stable at the room temperature and these are factors which cause hindrance to the growth of the global market.

The geriatric population and the constant awareness strategies of companies to make people aware of the probiotic health benefits has been expected to drive the growth and opportunities significantly. There is a further rise in the working women population and increase in the spend of the food products has been touted to grow the overall probiotics market share.

On Special Requirement Probiotics Market Report is also available for below region:

North America

  • U.S, Canada

Europe

  • Germany, France, U.K., Italy, Spain, Sweden, Netherland, Turkey, Switzerland, Belgium, Rest of Europe

Asia-Pacific

  • South_Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest Of APAC

Latin America

  • Mexico, Colombia, Brazil, Argentina, Peru, Rest of Latin America

Middle East and Africa

  • Saudi Arabia, UAE, Egypt, South Africa, Rest Of MEA

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Reports:

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Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.

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Wladimir P. is a Content Editor at European Gaming Media and at PICANTE Media and covers a large variety of industries.

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Bitrue expands Bitcoin Runes Offerings with GPTV Listing and Staking Options

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May 3, 2024

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VICTORIA, Seychelles, May 3, 2024 /PRNewswire/ — Leading digital asset exchange Bitrue continues its community-driven approach with the listing of a new Bitcoin Runes token, GPTV•AI•PEPE•KING (GPTV). This follows the recent addition of several other Bitcoin Runes tokens to the platform, including SATOSHI•NAKAMOTO (SATOSHI), LOBO•THE•WOLF•PUP (LOBO), RSIC•GENESIS•RUNE (RSIC), and DOG•GO•TO•THE•MOON (DOG). Trading for the GPTV/USDT pair commenced on April 30th, 2024.

What is GPTV?
GPTV is the native token of AI PEPE KING, a project claiming to be the “largest AI Meme Community” with a presence on both the Polygon (AIPEPE) and Bitcoin Runes (GPTV) blockchains. Notably, AI PEPE KING secured a $10 million investment to develop AI-powered customer service tools leveraging the ChatGPT technology. Additionally, they are building a “Dream Lottery” system. Revenue generated from these products is earmarked for buybacks and burns of both AIPEPE and GPTV tokens, potentially influencing their long-term value.
Staking Opportunities with Attractive Yields
Bitrue is also offering users staking opportunities for those holding BTR, AIPEPE, RSIC, or DOG tokens. By staking their holdings, users can earn rewards in GPTV, with estimated annual percentage yield (APY) varying on the staked token, with BTR offering 22.15%, AIPEPE at 23.18%, RSIC boasting a higher 31.37%, and DOG coming in at 23.62%. These yields present a potentially lucrative opportunity for users to grow their cryptocurrency holdings, but also come with financial risk and the potential for investment to return much lower yields.
Bitrue’s Focus on Community Engagement
The listing of these Bitcoin Runes tokens is a testament to Bitrue’s commitment to its user base. The decision to add these tokens stemmed from a community poll conducted through an X poll on Bitrue’s X account. This highlights the exchange’s dedication to incorporating community feedback into its decision-making process, fostering a sense of collaboration and shared interest.
With the addition of GPTV and the introduction of staking opportunities, Bitrue continues to expand its offerings for users interested in the burgeoning world of Bitcoin Runes tokens. The exchange’s focus on community engagement further strengthens its position as a platform that prioritizes user input and satisfaction.
About Bitrue
Launched in July 2018, Bitrue is a diversified digital asset exchange that supports trading, loans and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. With offices in Asia and Europe, the business continues to develop new features at a rapid speed to fully service the new wave of the digital economy. More information is available at Bitrue’s website.
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5G Enterprise Market Projected to Reach $115.81 billion by 2030 – Exclusive Report by 360iResearch

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May 3, 2024

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PUNE, India, May 2, 2024 /PRNewswire/ — The report titled “5G Enterprise Market by Equipment (Distributed Antenna System, Radio Node, Service Node), Organization Size (Large Enterprises, SMEs), End User – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $17.30 billion in 2023 to reach $115.81 billion by 2030, at a CAGR of 31.20% over the forecast period.

 
“The Pivotal Role of 5G Technology in Enterprise Evolution”
The advent of 5G technology marks a transformative era for businesses worldwide, offering exceptional speed, reduced latency, and enhanced connectivity that promise to elevate operational efficiency and digital innovation across various sectors. From enabling precise real-time monitoring and predictive maintenance in manufacturing to advancing telemedicine and seamless data collaborations in healthcare, 5G stands as a cornerstone for future advancements. Its pivotal role is revolutionizing transportation by supporting autonomous vehicles and smart infrastructure, significantly elevating safety and efficiency. The surge in 5G enterprise adoption is fueled by the growing need for robust and swift network connections to accommodate an increasing array of Internet of Things (IoT) devices and applications. Challenges include the substantial upfront costs associated with 5G infrastructure and concerns over data security. The potential for 5G to spur innovation is immense, mainly through the development of 5G-as-a-Service (5GaaS) and its synergy with cutting-edge technologies such as edge computing and artificial intelligence. Regionally, North America is major in adoption, supported by significant telecom investments, while the European Union’s concerted efforts bolster 5G integration across industries. The Middle East’s ambitions to become a significant region globally in 5G through smart city and industrial automation investments distinguish it. In contrast, the APAC region’s rapid growth is supported by early adoption and extensive government support, particularly in South Korea, China, and Japan. Thus, 5G is set to redefine enterprise operations, driving innovation and enabling smart solutions globally, heralding a new chapter in digital transformation for industries worldwide.
Download Sample Report @ https://www.360iresearch.com/library/intelligence/5g-enterprise
“5G’s Role in Advancing Industry 4.0 and Digital Innovations”
In today’s fast-evolving digital age, the seamless integration of cutting-edge technologies such as artificial intelligence (AI), the Internet of Things (IoT), and blockchain into everyday business operations is becoming increasingly crucial. This integration is driving a significant surge in the need for uninterrupted, high-speed network coverage across various sectors. As technologies become more affordable and their performance enhanced, their adoption in both private and public sectors is witnessing a remarkable increase, paving the way for innovative payment solutions and digital currencies. This transformation reshapes diverse commercial landscapes, including entertainment, journalism, advertising, and retail. Consequently, the demand for 5G connectivity is escalating, recognized for its capability to deliver speeds of 15 to 20 Gbps, connect a vast array of devices, and facilitate the creation of virtual networks tailored to specific needs. Moreover, as Industry 4.0 propels manufacturing into the digital era with its emphasis on automation and digital technologies, the role of 5G in supporting these advancements becomes indispensable. By enabling faster connectivity for AI, data analytics, IoT, blockchain, and machine learning applications, 5G is at the forefront of improving operational efficiency and flexibility in the manufacturing sector, setting the stage for the exponential growth of the 5G enterprise market.
“The Integral Role of Radio Nodes, DAS, and Service Nodes in Enhancing 5G Networks”
In the rapidly evolving world of 5G networks, the harmonious functioning of radio nodes, distributed antenna systems (DAS), and service nodes plays a pivotal role in ensuring uninterrupted, high-speed connectivity across diverse environments. Radio nodes, vital for facilitating direct communication between devices, including smartphones and tablets, ensure the seamless execution of critical radio functions such as modulation and demodulation. They shine especially in areas where a robust, reliable connection is paramount, catering to the needs of densely populated zones. DAS is used in complexes such as stadiums and large buildings, working behind the scenes to boost wireless coverage through a network of strategically placed antenna nodes. This ensures that every corner is connected, enhancing user experience in challenging architectural layouts. Meanwhile, service nodes are the backbone of network management, orchestrating essential functions, including user authentication and mobility management, enabling smooth delivery of services throughout the 5G ecosystem. These components overcome physical and technological hurdles and lay down the infrastructure critical for delivering the next generation of wireless connectivity.
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“Telefonaktiebolaget LM Ericsson at the Forefront of 5G Enterprise Market with a Strong 16.19% Market Share”
The key players in the 5G Enterprise Market include Huawei Technologies Co., Ltd., Deutsche Telekom AG, Nokia Corporation, Telefonaktiebolaget LM Ericsson, AT&T Inc., and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the 5G Enterprise Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the 5G Enterprise Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive 5G Enterprise Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/5g-enterprise
“Dive into the 5G Enterprise Market Landscape: Explore 181 Pages of Insights, 298 Tables, and 22 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket Insights5G Enterprise Market, by Equipment5G Enterprise Market, by Organization Size5G Enterprise Market, by End UserAmericas 5G Enterprise MarketAsia-Pacific 5G Enterprise MarketEurope, Middle East & Africa 5G Enterprise MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/5g-enterprise
Related Reports:
5G Non-Terrestrial Network Market – Global Forecast 2024-20305G in Defense Market – Global Forecast 2024-20305G Satellite Communication Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Contact 360iResearchMr. Ketan Rohom360iResearch Private Limited,Office No. 519, Nyati Empress,Opposite Phoenix Market City,Vimannagar, Pune, Maharashtra,India – 411014.Email: [email protected]: +1-530-264-8485India: +91-922-607-7550
To learn more, visit 360iresearch.com or follow us on LinkedIn, Twitter, and Facebook.
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Artificial Intelligence

SimSpace Welcomes Matt Knutsen as New Chief Revenue Officer to Spearhead Expansion Plan

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12 hours ago

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May 2, 2024

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SimSpace strengthens their leadership team, appointing Knutsen to drive revenue growth for the company as it expands further into the public sector 
BOSTON, May 2, 2024 /PRNewswire/ — SimSpace, the US-based industry leader in AI-Powered cyber ranges, announced today the appointment of Matt Knutsen as its new Chief Revenue Officer (CRO). Matt will champion SimSpace’s global sales and revenue growth strategy. He will drive expansion initiatives and foster strategic partnerships to stress test businesses’ and state agencies’ people, processes and technologies against the most advanced adversaries.

With more than 20 years of experience in the field, Matt most recently held the position of CRO at cyber training provider Immersive Labs, where he increased revenue growth by over 4000% and attracted over $180M in investment. He also launched the company into new markets, expanding the team across Australia, Europe, the Middle East, New Zealand and the US. The combination of Matt’s wealth of experience and his in-depth industry knowledge make him well-equipped to lead SimSpace’s next phase of growth.
As nation-state attacks rise in frequency, and AI drives a new wave of severe cyberattacks, companies also have to navigate uncertain economic conditions. SimSpace empowers organizations to cut unnecessary spending through stack optimization, allowing CISOs to maximize their ROI and effectiveness of their technology stack. Knutsen’s influence in the field will propel the SimSpace Platform to new heights, advancing access for companies and governments that need to optimize their cybersecurity defenses and safeguard their critical infrastructure from an increasingly volatile threat landscape.
Matt Knutsen is the most recent addition to SimSpace’s Executive Leadership Team, following Clint Sand’s appointment as Chief Product Officer in February 2024. His appointment underscores SimSpace’s continued growth trajectory, headed by the $45M they secured in funding from L2 Point Management, bringing the total capital raised over the past year to $70M. The company has also bolstered their presence in the public sector, marked by their recent partnership with Carahsoft and their multi-year contract with Florida to enhance the state’s cybersecurity preparedness. SimSpace’s high fidelity cyber ranges and simulations will enable state agencies and programs like Cyber Florida to rehearse and respond to cyberattacks.  
Commenting on Matt’s arrival, SimSpace CEO William Hutchison said, “Matt is a seasoned executive, who has accumulated years of knowledge on cybersecurity best practices and established himself as a leading authority in cyber range exercises. His industry influence, strategic vision and conviction in the importance of cybersecurity preparedness will shape the future success of the company at this crucial time of expansion. With Matt leading our revenue organization, we have full confidence in our capacity to deepen our valued partnerships and build strong, new connections which will further elevate SimSpace’s position as a trusted cybersecurity partner.”
Matt Knutsen, Chief Revenue Officer commented, “I’m looking forward to bringing a proactive approach to cybersecurity risk management to even more private and public sector organizations. I’ve already been impressed by SimSpace’s high-fidelity cyber range simulations, both on and off premise. It’s a great time to be joining the company and I’m excited to build upon SimSpace’s recent rapid growth with even more partnerships.”
About SimSpace
SimSpace is the global leader in AI-Powered cyber ranges, founded by experts from U.S. Cyber Command and MIT’s Lincoln Laboratory to respond to a new era of unprecedented cyber threats. Having raised nearly $70 million in funding over the past year, the company’s Platform enables the most sophisticated enterprises, governments, and critical national infrastructure organizations to find intelligence-driven answers to the most vexing security, governance, training, and cyber readiness questions. SimSpace provides high-fidelity cybersecurity simulations, training, and safe live-fire exercises to Fortune 2000 financial, retail, insurance, and other commercial markets. SimSpace’s Platform results in an average reduction in cyber operational costs of 30% and a 40% reduction in breaches. 
For more information, please visit: www.SimSpace.com.

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