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Nutritional diets and maintenance of healthy microbiota has led to an increase in demand for probiotic supplements market. With the market valued at USD 3.28 Bn by 2027, the market will grow exponentially at an estimated growth rate of 10.43%.
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Summary • The Global probiotic supplements market is projected to expand at a compound annual growth rate (CAGR) of 10.43%, and will reach USD 3.28 Bn by 2027. Awareness about health and fitness is augmenting the need for nutritional diets and maintenance of healthy microbiota, thereby propelling the demand for probiotic supplements. • The development of dry probiotic supplements for chronic diseases will fuel the growth of the segment, at an expected CAGR of 10.15% during the 2018-2027 period.
Major Players • Sanofi • The Procter & Gamble Company • Novartis • i-Health, Inc. • Taisho Pharmaceutical Holdings Co., Ltd. • BioGaia • Bayer Group • Probi AB • RENEW LIFE • Danisco A/S
Regional insights • The North America probiotic supplements market is projected to expand at a CAGR of 10.68% during the 2018-2027 period, leading to a global revenue of USD 1483.1 Mn by 2027. • The Asia-Pacific probiotic supplements market is expected to expand at the highest CAGR of 11.34% between 2018 and 2027.
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