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MEDICAL PROBIOTICS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Medical Probiotics Market, By Ingredient Type (Bacteria (Lactobacilli, Bifidobacterium, Streptococcus, and Bacillus), Yeast, Spore Formers, and OthersBy Application: Probiotic Food & Beverages (Dairy Products, Non-dairy Beverages, Cereals, Baked Goods, and Fermented Meat Products), Probiotic Dietary Supplements, Probiotics for Women’s Health, Infant Formula, and Others), By Distribution Channel (Hypermarkets/Supermarkets, Pharmacies/Drugstores, Specialty Stores, and Online Sales), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

  • Published In : Nov 2023
  • Code : CMI6438
  • Pages :140
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

Regional Analysis

Medical Probiotics Market Regional Insights:

  • North America is expected to be the largest market for medical probiotics market during the forecast period, which accounted for over 43.2% of the market share in 2022. The market growth in North America is due to the rising awareness about preventive healthcare, increasing health issues like obesity and diabetes, and launch of probiotic functional foods.
  • The Asia Pacific is expected to be the second-largest market for medical probiotics market, which accounted for over 23.2% of the market share in 2022. The market growth in this region is due to the growing acceptance for probiotic fortified foods and beverages, especially in China, Japan, and India.
  • The Europe is third-largest in the world, which is driven by factors such as a strong healthcare system, high awareness of the benefits of probiotics, and a growing demand for personalized healthcare, which accounted for over 20.3% of the market share in 2022. Germany is the largest market in the region, followed by France and the U.K.

Geographies covered:

  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa 

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