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Global Probiotic Product Market at $1.1B with 8% CAGR Reported at SupplySide West 2010 in Las Vegas

NuBiome attended SupplySide West at the Sands Expo Convention Center in Las Vegas.  We noticed that the attendees were excited about the new innovations, clinical data, and expanding markets for probiotics.  NuBiome attended the Probiotic Workshop panel discussion.  The manufacturing speakers reported the latest developments from their research and development labs and clinical trials. Market research firm, Frost and Sullivan, reported that the worldwide probiotic market was $1.1B a compounded annual growth rate of >8% worldwide for 2010-2015.

We met with companies who had novel manufacturing and packaging technologies for improving shelf-life.  We also attended a discussion where the increased regulatory oversight activities of the US. Food and Drug Administration and Federal Trade Commissions were discussed in detail.

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