The global Probiotics market size was valued at US$ 57.8 billion in 2022 and is projected to reach US$ 85.4 billion by 2027 at a CAGR of 8.1% from 2022 to 2027. Asia Pacific dominated the market in 2022. Probiotics are living microorganisms that have been shown to provide specific health benefits to consumers.
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The global feed market is relatively untapped and small in comparison to the functional food & beverages segment