Global Probiotics Market to Hit $126.34 Billion by 2030, Recording a Strong 8.40% CAGR, with Europe Leading the Market Due to Increasing Consumer Interest in Maintaining Gut Health, States...
YAKULT HONSHA CO LTD ADR (YKLTY)
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Source: Yahoo! Finance
USD 72.45 billion in 2022 and is estimated to grow to USD 126.34 billion by 2030, exhibiting a CAGR of 8.40% through the projection period of 2023-2030. The probiotics industry is experiencing growth on a global scale due to various factors, including surging consumer awareness, a strong demand for functional foods, and an increasing emphasis on preventive healthcare. The significance of maintaining gut health and the growing preference for natural and organic products have contributed to the rising demand for probiotics, which is projected to continue to increase in the future. As a result, companies operating in the probiotics sector have a favorable opportunity to capitalize on this profitable market and cater to the expanding needs of health-conscious individuals worldwide. Probiotics, which are live microorganisms, provide various health benefits when consumed in adequate amounts. They can be obtained from fermented foods or taken as dietary supplements. Probiotics play a vital
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Sec Filings
- 3/19/24 - Form F-6/A
- 3/18/24 - Form F-6EF
- YKLTY's page on the SEC website