The market opportunity associated Probiotics Market is anticipated to witness a CAGR of 8.0% over the next decade. The global probiotics market size is estimated to be $70.9 billion in 2024 and is projected to reach $165.1 billion by 2035.

Using our proprietary methodology, we have provided informed projections, describing the likely growth of the opportunity associated with the probiotics market. As per the base case forecast scenario, the probiotic market size is estimated to grow at a CAGR of 8.0%, during the forecast period. The market growth of this industry is believed to be primarily driven by the numerous advantages offered by probiotics for prevention and treatment of diseases. This is anticipated to sustain the demand for various types of probiotics, resulting in lucrative monetization opportunities for probiotic companies.
It is worth mentioning that according to our projections, Asia Pacific is likely to capture the majority (more than 45%) of the overall market share, and this trend is unlikely to change in the future, as well. It is worth highlighting that the global market in Latin America is expected to grow at a relatively healthy CAGR, during the forecast period. Further, it is worth mentioning that, as per the probiotics market segmentation, probiotic dietary supplements segment in the probiotics market is anticipated to grow at a higher CAGR, during the forecast period.

The following approach was adopted to compare the key probiotic companies in the market:
• As a starting point, we collated information on the aforementioned parameters for key companies that are involved in the offering probiotics, and thus, were considered for this analysis.
• The probiotic companies were segregated across three peer groups based on their company size, including mid-sized, large and very large companies.

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