Global Synbiotic Product Market Size & Outlook, 2019-2027
Global synbiotic product market, 2016-2027 (US$M)
Related Markets
Global synbiotic product market highlights
- The global synbiotic product market generated a revenue of USD 700.5 million in 2019 and is expected to reach USD 1,325.4 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 8.3% by 2027.
- In terms of segment, functional food & beverages accounted for a revenue of USD 589.4 million in 2019.
- Dietary Supplements is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2019.
- Country-wise, Germany is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 700.5 million |
| Market revenue in 2027 | USD 1,325.4 million |
| Growth rate | 8.3% (CAGR from 2019 to 2027) |
| Largest segment | Functional food & beverages |
| Fastest growing segment | Dietary Supplements |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Functional Food & Beverages, Dietary Supplements, Other Products |
Other key industry trends
- In terms of revenue, the North America accounted for 26.7% of the global synbiotic product market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, Germany is the fastest growing regional market and is projected to reach USD 86.5 million by 2027.
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Synbiotic Product Market Scope
Synbiotic Product Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global synbiotic product 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 synbiotic product market will help companies and investors design strategic landscapes.
Functional food & beverages was the largest segment with a revenue share of 84.14% in 2019. Horizon Databook has segmented the Global synbiotic product market based on functional food & beverages, dietary supplements, other products covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Synbiotic Product Product Outlook (Revenue, USD Million, 2016-2027)
- Functional Food & Beverages
- Dietary Supplements
- Other Products
- Global Synbiotic Product Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
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Our clientele includes a mix of synbiotic product market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global synbiotic product market, including forecasts for subscribers. This global databook contains high-level insights into Global synbiotic product market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global synbiotic product market size, by regions, 2016-2027 (US$M)
Top 10 countries: Synbiotic product market size, 2019 (US$M)
Global synbiotic product market share, by product, 2019 & 2027 (%, US$M)
Synbiotic product market: Opportunity assessment by country
Global synbiotic product market, by region, 2019 (US$M)
Related regional statistics
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