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Showing posts with the label probiotics ; cold drinks ; milk ; yogurt ; dairy

Probiotics Market in India

India Probiotics Market is expected to grow at a compound annual growth rate of 13.56% over the forecast period to reach a market size of US$ 961.856 million in 2025 from US$ 448.456 million in 2019. India has emerged as the second fastest-growing major economy in the world and is expected to be one of the top three economic powers by 2025, backed by its strong institutions and trade partnerships. India is the second most populated country in the world with a population of 1.37 billion of which 62 % is below the age of 35. India’s population continues to drive annual real GDP growth with private consumption accounting for almost 60 %of GDP. Food processors, importers, wholesalers, retailers, foodservice operators are all part of a developing agribusiness sector. Apart from being a large food producer, India’s bulk, intermediate, consumer-oriented, and agricultural-related imports grew from $22 billion in 2013 to $25 billion in 2018, an increase of 10%. The market for consumer-oriented