Global Bacillus Coagulans Market Overview:
The latest report on the Global Bacillus Coagulans Market suggests a positive growth rate in the coming years. Analysts have studied the historical data and compared it with the current market scenario to determine the trajectory this market will take in the coming years. The investigative approach taken to understand the various aspects of the market is aimed at giving the readers a holistic view of the Global Bacillus Coagulans Market. The research report provides an exhaustive research report that includes an executive summary, definition, and scope of the market.
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Bacillus Coagulans is a lactic acid-forming bacterial species within the genus Bacillus. The organism was first isolated and described as Bacillus Coagulans in 1915 by B.W. Hammer at the Iowa Agricultural Experiment Station as a cause of an outbreak of coagulation in evaporated milk packed by an Iowa condensary. Separately isolated in 1935 and described as Lactobacillus sporogenes in the fifth edition of Bergey’s Manual, it exhibits characteristics typical of both genera Lactobacillus and Bacillus; its taxonomic position between the families Lactobacillaceae and Bacillaceae was often debated. However, in the seventh edition of Berge’s, it was finally transferred to the genus Bacillus. DNA-based technology was used in distinguishing between the two genera of bacteria which are morphologically similar and possess similar physiological and biochemical characteristics.
The classification of Bacillus Coagulans includes Below 100 B, 100-200 B and Above 200 B. This refers to the effective amount of viable bacteria, and B means Billion CFU/g. The proportion of 100-200 B in 2016 is about 47%.
Bacillus Coagulans is widely used in Drugs, Food, Beverage and Supplement Products. The most proportion of Bacillus Coagulans is Supplement Products, and the proportion in 2016 is 37.5%. The trend of Supplement Products is increasing.
North America is the largest consumption place, with a consumption market share nearly 38% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 26%.
Market competition is not intense. Ganeden, Sabinsa, Mitsubishi, Nebraska Cultures, Synbiotech, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
The global Bacillus Coagulans market is valued at 18 million US$ in 2018 is expected to reach 34 million US$ by the end of 2025, growing at a CAGR of 8.1% during 2019-2025.
Global Bacillus Coagulans Market: Segmentation
Key Players Mentioned in the Global Bacillus Coagulans Market Research Report:
Ganeden, Sabinsa, Mitsubishi, Nebraska Cultures, Synbiotech, Syngen Biotech, Sanzyme, Microbax
Below 100 B, 100-200 B, Above 200 B
Drugs, Food, Beverage, Supplement Products
The Global Bacillus Coagulans Market is segmented based on technology, products, services, and applications. The segmentation is intended to give the readers a detailed understanding of the global market and the essential factors comprising it. This allows giving a better description of the drivers, restraints, threats, and opportunities. It also notes down socio-economic factors that are impacting the trajectory of the Global Bacillus Coagulans Market.
Global Bacillus Coagulans Market: Regional Segmentation
The chapter on regional segmentation details the regional aspects of the Global Bacillus Coagulans Market. This chapter explains the regulatory framework that is likely to impact the overall market. It highlights the political scenario in the market and the anticipates its influence on the Global Bacillus Coagulans Market.
- The Middle East and Africa (GCC Countries and Egypt)
- North America (the United States, Mexico, and Canada)
- South America (Brazil etc.)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Global Bacillus Coagulans Market: Research Methodology
Analysts have aimed at providing readers with accurate and precise data about the market. For the same reason, they have employed primary and secondary research methodologies. The research report uses top-down and bottom-up approaches for segmentation, interviews for collecting primary data, and various calculative methods for putting together secondary data.
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Strategic Points Covered in TOC:
Chapter 1: Introduction, market driving force product scope, market risk, market overview, and market opportunities of the Global Bacillus Coagulans Market.
Chapter 2: Evaluating the leading manufacturers of the Global Bacillus Coagulans Market which consists of its revenue, sales, and price of the products.
Chapter 3: Displaying the competitive nature among key manufacturers, with market share, revenue, and sales.
Chapter 4: Presenting Global Bacillus Coagulans Market by regions, market share and with revenue and sales for the projected period.
Chapter 5, 6, 7, 8 and 9: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.