![Global Bacillus Coagulans Market](https://res.cloudinary.com/devmoveo/image/upload/v1705313490/skyquest/report/phpnbOajc.jpg)
Report ID: SQSG30C2029
Report ID:
SQSG30C2029 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
70 |
Figures:
76
In 2021, Asia-Pacific is expected to have the biggest market share of 42.0%. The region is also projected to be the fastest growing with a CAGR of over the forecast period. This can be attributed to rising healthcare spending by the populace in the region. Given that these countries are the biggest consumers of functional foods and beverages, the growing economies of ASEAN, China, and India are anticipated to be the largest markets for bacillus coagulans. Additionally, one of the key reasons promoting market expansion in these economies is the rising senior population. Further, the North American region is also projected to hold one of the most substantial share in the market attributing to the presence of major players operating in the market in the region.
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REQUEST FREE CUSTOMIZATIONBacillus Coagulans Market size was valued at USD 85 million in 2019 and is poised to grow from USD 91.835 million in 2023 to USD 148.16 million by 2031, growing at a CAGR of 8.1% in the forecast period (2024-2031).
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Report ID: SQSG30C2029