Lactobacillus Market Insights Video

According to Cognitive Market Research, the global Lactobacillus market size is USD 1175.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.90% from 2024 to 2031.

• North America held the major market of more than 40% of the global revenue with a market size of USD 470.1 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.1% from 2024 to 2031.
• Europe accounted for a share of over 30% of the global market size of USD 352.6 million.
• Asia Pacific held the market of around 23% of the global revenue with a market size of USD 270.3 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.9% from 2024 to 2031.
• Latin America market of more than 5% of the global revenue with a market size of USD 58.8 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031.
• Middle East and Africa held the market of around 2% of the global revenue with a market size of USD 23.5 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.6% from 2024 to 2031.
• The Lactobacillus Acidophilus type held the highest Lactobacillus market revenue share in 2024.