Brazil Synbiotic Product Market Size & Outlook, 2019-2027
Brazil synbiotic product market, 2016-2027 (US$M)
Related Markets
Brazil synbiotic product market highlights
- The Brazil synbiotic product market generated a revenue of USD 25.6 million in 2019 and is expected to reach USD 47.7 million by 2027.
- The Brazil market is expected to grow at a CAGR of 8.1% from 2020 to 2027.
- In terms of segment, functional food & beverages was the largest revenue generating product in 2019.
- Dietary Supplements is the most lucrative product segment registering the fastest growth during the forecast period.
Synbiotic product market data book summary
| Market revenue in 2019 | USD 25.6 million |
| Market revenue in 2027 | USD 47.7 million |
| Growth rate | 8.1% (CAGR from 2019 to 2027) |
| Largest segment | Functional food & beverages |
| Fastest growing segment | Dietary Supplements |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Functional Food & Beverages, Dietary Supplements, Other Products |
| Key market players worldwide | Danone SA, Yakult Honsha Co Ltd, United Natural Foods Inc, Pfizer Inc, Sabinsa Corporation, Probiotical, Synbiotic Health, NUtech Ventures |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.7% of the global synbiotic product market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Latin America, Brazil synbiotic product market is projected to lead the regional market in terms of revenue in 2027.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 47.7 million by 2027.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Synbiotic Product Market Scope
Synbiotic Product Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil 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 88.67% in 2019. Horizon Databook has segmented the Brazil synbiotic product market based on functional food & beverages, dietary supplements, other products covering the revenue growth of each sub-segment from 2016 to 2027.
Brazil is one of the fastest growing economies in the world, which has generated significant job and business opportunities in the country. The side-effect of this economic development, however, is that it has increased anxiety and depression levels among people owing to growing competition in the market.
According to a survey by the World Health Organization (WHO) published in 2017, Brazil held the fifth position in depression rates and topped in number cases of anxiety disorders in the world. These psychological disorders often disrupt the immune system of the body, destroy gut health, and further increase the susceptibility to depression.
In line with this, according to a scientific paper published by the Oxford University Press in June 2019, synbiotics may optimize the production of polyphenolic metabolites and act as therapeutic agents for inflammation-induced depression. Such findings are anticipated to bode well for the sales of synbiotic products in the country.
Reasons to subscribe to Brazil synbiotic product market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Brazil synbiotic product market databook
-
Our clientele includes a mix of synbiotic product market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 country-level data and insights on the Brazil synbiotic product market, including forecasts for subscribers. This country databook contains high-level insights into Brazil synbiotic product market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil synbiotic product market size, by product, 2016-2027 (US$M)
Brazil Synbiotic Product Market Share, 2019 & 2027 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
