BANGALORE, India: The Probiotics Market Report is Segmented by Type (Bifidobacterium, Lactobacillus, Others), by Application (Food & Beverage, Drugs, Dietary Supplements). The report covers global opportunity analysis and industry forecasts from 2021 to 2026. It is published in Valuates Reports under Vitamins & Supplements Category.
The global Probiotics market size was valued at USD 1665.7 Million in 2019 and is expected to reach USD 2066.1 Million by the end of 2026, growing at a CAGR of 5.4% during the forecast period 2021-2026.
The major factor driving the growth of the global probiotics market size are:
Rising awareness regarding preventive healthcare is expected to drive the Probiotics market size as they help prevent the occurrence of diseases by strengthening the immune system.