The global Bacillus Coagulans Market is estimated to Propelled by increasing demand for probiotics

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Bacillus Coagulans is a unique probiotic bacterium that can survive the highly acidic environment of the human gastrointestinal tract. Probiotics derived from Bacillus Coagulans are commonly used in dietary supplements, food products, and healthcare applications to maintain a healthy digestive system. They provide various health benefits like relieving constipation, supporting immune system, and balancing intestinal microflora.

The global Bacillus Coagulans Market is estimated to be valued at US$ 722.43 Mn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

 The demand for Bacillus Coagulans is primarily driven by increasing awareness about the goodness of probiotics and their health benefits. Various clinical studies have proven the positive effects of Bacillus Coagulans in maintaining gastrointestinal health. It effectively treats conditions like irritable bowel syndrome and prevents stomach ulcers. Many food and beverage manufacturers are introducing probiotic products containing Bacillus Coagulans to cater to rising consumer demand. The dietary supplement industry has also been incorporating it into various products for digestive health. Its unique properties make it well-suited for different healthcare and food applications. These factors are expected to boost the Bacillus Coagulans market substantially over the forecast period.

SWOT Analysis

Strength: Bacillus Coagulans is known to have various health benefits such as promoting digestive health, balancing immunity and reducing inflammation. It has prebiotic properties that support the growth of good bacteria in the gut.

Weakness: The availability of alternative probiotic supplements with multiple strains can pose a threat. High costs associated with R&D and clinical trials.

Opportunity: Rising awareness about gut and digestive health has led to an increase in demand for probiotic supplements. The market has an opportunity to tap newer application areas and target specific consumer segments.

Threats: Stringent regulatory processes and safety approvals. Increased competition from existing and new entrants in the market.

Key Takeaways

The global Bacillus Coagulans market is expected to witness high growth during the forecast period of 2023 to 2030. The market size for 2023 is estimated to be US$ 722.43 Mn is expected to grow at a CAGR of 12%.

Regional analysis

North America dominated the Bacillus Coagulans market and accounted for the largest share in 2022. The presence of major players and growth in demand for healthy gut and digestive health supplements have contributed to market growth in the region. Asia Pacific is expected to witness the fastest growth rate over the forecast period due to rising health awareness, growth in e-commerce and growing middle-class population in countries like India, China and Japan.

Key players

Key players operating in the Bacillus Coagulans market are BASF SE (Germany), Dow (U.S.), CLARIANT (Switzerland), Nippon Paint Holdings Co., Ltd.(Japan), PPG Industries, Inc. (U.S.), The Sherwin-Williams Company (U.S.), Huntsman International LLC. (U.S.), MarvelVinyls (India), The VersaFlex Companies (U.S.), Axalta Coating Systems, LLC (U.S.), Pidilite Industries Ltd. (India), Valspar (U.S.), Rhino Linings Corporation. (U.S.), Nukote Coating Systems, Intl. (U.S.), Jotun (Norway), RODDA PAINT, CO. (U.S.), Constro Chem India Pvt. Ltd. (India), ELMET (U.S.), Aalberts Surface Technologies GmbH.(Netherlands).

*Note:

  1. Source: Coherent Market Insights, Public sources, Desk research

2.            We have leveraged AI tools to mine information and compile it

Ravina
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Ravina Pandya,  Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals.