What is the current size of the probiotic ingredients market?
The current size of the probiotic ingredients market is valued at USD 5.8 billion in 2024 and is projected to grow to USD 9.2 billion by 2033. This growth signifies a compound annual growth rate (CAGR) of 4.99% during the period from 2025 to 2033. The expansion of the probiotic ingredients market is primarily driven by increasing consumer awareness of health benefits associated with probiotics, including digestive health, immune support, and overall well-being. Additionally, the rising demand for functional foods and dietary supplements that incorporate probiotic ingredients is contributing to the market's growth. As research continues to uncover new benefits and applications of probiotics, the market is well-positioned for continued expansion in the coming years.
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