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Probiotics Market Forecast

Report ID: FBI 5614

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Published Date: Aug-2024

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Format : PDF, Excel

Regional Forecast:

North America:

In North America, the probiotics market is thriving, with the U.S. and Canada at the forefront. The demand for probiotics is driven by increasing awareness among consumers about the health benefits of probiotics, such as improved digestive health and boosted immunity. The availability of a wide range of probiotic products in the market, including supplements, functional foods, and beverages, has also contributed to the market growth in this region. In addition, the growing prevalence of digestive disorders and the rise in the aging population are further fueling the demand for probiotics in North America.

Asia Pacific:

In Asia Pacific, countries such as China, Japan, and South Korea are witnessing significant growth in the probiotics market. The region has a long history of using probiotics in traditional foods and beverages, which has laid a strong foundation for the market to flourish. Increasing consumer interest in preventive healthcare and the rising adoption of Western dietary habits are driving the demand for probiotics in Asia Pacific. Additionally, the growing healthcare expenditure and the expanding middle-class population in these countries are further contributing to the market growth.

Probiotics Market

Largest Region

Asia Pacific

38% Market Share in 2023

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Europe:

In Europe, countries like the United Kingdom, Germany, and France are experiencing a steady growth in the probiotics market. The region has a well-established market for probiotics, with a wide range of products available in the market. The increasing focus on gut health and the rising awareness about the link between probiotics and overall well-being are driving the market growth in Europe. Moreover, the strong presence of key players in the region and the growing trend of using probiotics in functional foods and dietary supplements are further propelling the market forward.

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Probiotics Market Size & Share, By Product (Food &...

RD Code : 24