Health Consciousness and Industry Expansion Driving Global Probiotic Market Towards an Estimated Value of $105.27 Billion by 2028 - ResearchAndMarkets.com
Retrieved on:
Monday, July 24, 2023
Retail, General Health, Health, Food, Beverage, Chr. Hansen, Probiotic, Distribution (marketing), Consumer, Culture, Ice cream, Ageing, Amorepacific Corporation, Cheese, Research, History, Drink, USD, Supermarket, Government, Acquisition, Investment, Corporation, Kerry Group, Yogurt, Growth, Lactobacillus, Bacteria, Fonterra, Dietary supplement, Agriculture
This report predicts substantial growth in the probiotics sector, estimating the market to reach a staggering USD 105.27 Billion by 2028, up from USD 64.52 Billion in 2022.
Key Points:
- This report predicts substantial growth in the probiotics sector, estimating the market to reach a staggering USD 105.27 Billion by 2028, up from USD 64.52 Billion in 2022.
- Several factors are contributing to the robust expansion of the probiotics market, key among them are:
Aging Global Population & Health: As the global population ages, the interest in healthy aging and management of age-related health issues intensifies. - Probiotics offer considerable potential in promoting gut health, strengthening immune function, and supporting cognitive health.
- Furthermore, advancements in probiotic strain development that ensure longer shelf life and greater viability are also contributing to market growth.