When dividing the forecast of the market for probiotic supplements by their sources, an increase in products that have bacteria as their source is predicted. Such products are forecast to grow from approximately 1.1 billion U.S. dollars in 2017 to nearly 3 billion in 2027. This translates to a compound annual growth rate (CAGR) of 10.69 percent. By contrast, products that have yeast as their source are estimated to grow from 110 million U.S. dollars to 224 million in 2027, which is a compound annual growth rate (CAGR) of 7.41 percent.
Forecast of the worldwide probiotic supplements market value from 2017 to 2027 (in million U.S. dollars), by source
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Netscribes. (December 1, 2020). Forecast of the worldwide probiotic supplements market value from 2017 to 2027 (in million U.S. dollars), by source [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1198100/forecast-of-the-global-probiotic-supplements-market/
Netscribes. "Forecast of the worldwide probiotic supplements market value from 2017 to 2027 (in million U.S. dollars), by source." Chart. December 1, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1198100/forecast-of-the-global-probiotic-supplements-market/
Netscribes. (2020). Forecast of the worldwide probiotic supplements market value from 2017 to 2027 (in million U.S. dollars), by source. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1198100/forecast-of-the-global-probiotic-supplements-market/
Netscribes. "Forecast of The Worldwide Probiotic Supplements Market Value from 2017 to 2027 (in Million U.S. Dollars), by Source." Statista, Statista Inc., 1 Dec 2020, https://www.statista.com/statistics/1198100/forecast-of-the-global-probiotic-supplements-market/
Netscribes, Forecast of the worldwide probiotic supplements market value from 2017 to 2027 (in million U.S. dollars), by source Statista, https://www.statista.com/statistics/1198100/forecast-of-the-global-probiotic-supplements-market/ (last visited November 21, 2024)
Forecast of the worldwide probiotic supplements market value from 2017 to 2027 (in million U.S. dollars), by source [Graph], Netscribes, December 1, 2020. [Online]. Available: https://www.statista.com/statistics/1198100/forecast-of-the-global-probiotic-supplements-market/