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Probiotic Strains Market Size
- Report ID: GMI7272
- Published Date: Nov 2023
- Report Format: PDF
Probiotic Strains Market Size
Probiotic Strains Market size was valued at USD 5.54 billion in 2022 and is anticipated to register a CAGR of over 8.1% between 2023 and 2032. Increasing awareness of the importance of gut health and its impact on overall well-being has been a significant driver for the market. Consumers are seeking products that can help improve their digestive health.
In addition, a general shift towards healthier lifestyles and diets has led to an increased demand for functional foods and dietary supplements, including probiotics, as people are more conscious of what they eat.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Probiotic Strains Market Size in 2022: | USD 5.54 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 8.1% |
| 2032 Value Projection: | USD 12.15 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 180 |
| Tables, Charts & Figures: | 272 |
| Segments covered: | Type, Form, Application, Distribution |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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The probiotics industry faces regulatory challenges, with different countries having varying regulations on probiotics, making it difficult for manufacturers to navigate international markets. Maintaining the viability and stability of probiotic strains in products can be challenging. Ensuring the strains remain active throughout the product's shelf life is essential but can be difficult to achieve.
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Probiotic Strains Market Scope
