Latin America Microbiome Therapeutics Market Size & Outlook
Latin America microbiome therapeutics market, 2018-2030 (US$M)
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Latin America microbiome therapeutics market highlights
- The Latin America microbiome therapeutics market generated a revenue of USD 3.8 million in 2022.
- The market is expected to grow at a CAGR of 16.7% from 2023 to 2030.
- In terms of segment, c. difficile was the largest revenue generating application in 2022.
- C. difficile is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 3.8 million |
| Market revenue in 2030 | USD 13.2 million |
| Growth rate | 16.7% (CAGR from 2022 to 2030) |
| Largest segment | C. difficile |
| Fastest growing segment | C. difficile |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | C. difficile, Crohns disease, Inflammatory Bowel Disease, Diabetes |
| Key market players worldwide | Finch Therapeutics Group Inc, Vedanta |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.0% of the global microbiome therapeutics market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 901.1 million by 2030.
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Microbiome Therapeutics Market Scope
Microbiome Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America microbiome therapeutics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microbiome therapeutics market will help companies and investors design strategic landscapes.
C. difficile was the largest segment with a revenue share of 84.21% in 2022. Horizon Databook has segmented the Latin America microbiome therapeutics market based on c. difficile, crohns disease, inflammatory bowel disease, diabetes covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America microbiome therapeutics market is expected to exhibit moderately high growth in the coming years due to increasing awareness about the role of the gut microbiome in human health and growing investments in R&D in the region.
The market is also driven by a rise in the prevalence of chronic diseases such as Inflammatory Bowel Disease (IBD), clostridium difficile infection, and metabolic diseases that are associated with an imbalanced gut microbiome.
Moreover, partnerships and collaborations between local and international companies are also expected to drive the growth of Latin America microbiome therapeutics market. The region is home to a large number of potential customers, and companies are looking to tap into this market by offering innovative and cost-effective microbiome-based treatments.
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Target buyers of Latin America microbiome therapeutics market databook
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Our clientele includes a mix of microbiome therapeutics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America microbiome therapeutics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America microbiome therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America microbiome therapeutics market size, by country, 2018-2030 (US$M)
Latin America Microbiome Therapeutics Market Outlook Share, 2022 & 2030 (US$M)
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