Market revenue in 2024 | USD 99.6 million |
Market revenue in 2030 | USD 170.9 million |
Growth rate | 9.4% (CAGR from 2025 to 2030) |
Largest segment | Food & beverages |
Fastest growing segment | Dietary Supplements |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Food & Beverages, Dietary Supplements |
Key market players worldwide | Danone SA, Yakult Honsha Co Ltd, United Natural Foods Inc, Pfizer Inc, Sabinsa Corporation, Probiotical, Synbiotic Health, NUtech Ventures |
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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.
Food & beverages was the largest segment with a revenue share of 95.38% in 2024. Horizon Databook has segmented the Latin America synbiotic product market based on food & beverages, dietary supplements covering the revenue growth of each sub-segment from 2018 to 2030.
People in the region have been suffering from various diseases such as obesity, Empacho (indigestion), irritable bowel syndrome (IBS), and several other digestion-related issues. Many of these are directly caused due to a poor digestion system, which can be attributed to the excessive consumption of junk food and food with high sodium content.
According to statistics provided by the National Survey of Risk Factors conducted in 2018 by FIC (Fundación InterAmericana del Corazón) Argentina, an estimated 33.1% of the adult population in Argentina was considered as overweight and 32.4% were considered obese. These health issues are opening new avenues for synbiotic products in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America synbiotic product market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America synbiotic product market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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