Global Probiotics Market Overview – Market Growth Analysis And Key Drivers

The Probiotics Global Market Report 2023, provides comprehensive information on the probiotics market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

 

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As per The Business Research Company’s Probiotics Global Market Report 2023, the global probiotics market size grew from $66.9 billion in 2022 to $73.14 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The probiotics market size is expected to grow to $101.89 billion in 2027 at a CAGR of 8.6%.

 

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The probiotics market is segmented:

1) By Form: Liquid, Dry

2) By Ingredient: Bacteria, Yeast

3) By Application: Food and Beverages, Dietary Supplements, Animal Feed

4) By End User: Human, Animal

5) By Distribution Channel: Hypermarkets Or Supermarkets, Pharmacies Or Health Stores, Convenience Stores, Online Retail, Other Distribution Channels

 

Asia-Pacific was the largest region in the probiotics market in 2022.

 

The table of contents in TBRC’s probiotics market report includes:

1. Executive Summary

2. Probiotics Market Characteristics

3. Probiotics Market Trends And Strategies

4. Probiotics Market - Macro Economic Scenario

5. Probiotics Market Size And Growth

.

27. Probiotics Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Probiotics Market

29. Probiotics Market Future Outlook and Potential Analysis

30. Appendix

 

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