The Latin America, Middle East and Africa Probiotics Market would witness market growth of 9.2% CAGR during the forecast period (2023-2030).
Probiotics have been found to have applications in women's health, particularly in the management of urogenital health. Strains like Lactobacillus are recognized for their role in preventing and managing conditions such as urinary tract infections and bacterial vaginosis. Athletes and fitness enthusiasts increasingly use probiotics to support their overall health and enhance recovery. Probiotics may contribute to immune resilience, gastrointestinal health, and nutrient absorption, aligning with the demands of a physically active lifestyle.
Furthermore, the era of personalized nutrition has extended to the realm of probiotics, with companies offering microbiome testing services. This allows individuals to gain insights into their unique gut microbiota composition, enabling the selection of probiotics tailored to their specific needs. The synergy between probiotics and prebiotics, known as synbiotics, has gained attention for its potential to enhance the efficacy of probiotic products. Formulations that combine probiotics with prebiotic fibers aim to create a symbiotic relationship that fosters the growth and activity of beneficial bacteria.
The UAE has witnessed a growing awareness of health and wellness among its residents. Consumers are increasingly seeking food and beverage options that contribute to overall well-being. Probiotics, known for their potential benefits to gut health and the immune system, align with this trend. The UAE is home to a diverse population with residents from various cultural backgrounds. Thus, growing food service and food and beverage processing sectors in the LAMEA region will assist in expanding the regional probiotics market.
The Brazil market dominated the LAMEA Probiotics Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,186.6 million by 2030. The Argentina market is showcasing a CAGR of 9.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8.9% during (2023 - 2030).
Free Valuable Insights: The Worldwide Probiotics Market is Projected to reach USD 122.5 Billion by 2030, at a CAGR of 7.1%
Based on Ingredient, the market is segmented into Bacteria, and Yeast. Based on Product, the market is segmented into Probiotic Food & Beverages (Dairy Products, Non-Dairy, Cereals, Baked Food, Fermented Meat, Others), Probiotic Dietary Supplements, and Animal Feed. Based on End-use, the market is segmented into Human, and Animal. Based on Distribution Channel, the market is segmented into Hypermarkets / Supermarkets, Specialty Stores, Pharmacies / Drugstores, Online Stores, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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