Postbiotics Market Set for 10.1% CAGR Growth by 2031

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Postbiotics Market – (By Type (Bacteria, Yeast), By Form (Soft gels, Capsules/Tablets, Powder/ Granules, Gummies, Others), By Application (Personal Care and Cosmetics, Food and Beverages, Animal Feed, Pharmaceuticals, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the Global Postbiotics Market is valued at US$ 979.1 Mn in 2023, and it is expected to reach US$ 2,083.2 Mn by 2031, with a CAGR of 10.1% during the forecast period of 2024-2031.
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Postbiotics are the bioactive substances produced by probiotics during the fermentation of prebiotics. The market for Postbiotics medications is expected to grow because postbiotics strengthen the immune system, aid in illness prevention, and are thus valuable in preventative medicine. The increasing demand for functional supplements in developing countries is mostly attributable to the shift in consumer lifestyles. The market demand for postbiotics has expanded substantially due to the increased aspirations and preferences for a luxury lifestyle. Feed postbiotic supplement use among health-conscious patients is projected to rise in tandem with the demand for sports nutrition products. In addition, Postbiotics will be more widely used due to a number of factors, including an increase in healthcare expenditures, a rise in the prevalence of cardiovascular, chronic, and obesity-related disorders, and a growing urban population. Functional food companies and pharmaceutical companies also use feed postbiotic supplements for their nutritional benefits, illness prevention, and treatment purposes, which is growing the demand in the Postbiotics market.