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Lactic Acid Bacteria Market Outlook from 2024 to 2034

Global lactic acid bacteria sales are expected to reach a market valuation of US$ 1,163.6 million in 2024, recording a CAGR of 6.1% from 2024 to 2034. It is expected to contribute a valuation of US$ 2,112.5 million by 2034.

Key Lactic Acid Bacteria Market Trends

  • Rising use of lactic acid bacteria in the pharmaceutical sector.
  • Growing popularity of fermented foods and beverages among consumers.
  • Growing consumer preference for plant-based products.
  • Increasing popularity of functional beverages for active lifestyles.
  • Integration of lactic acid bacteria in functional cosmetics.
  • Dairy-free probiotic desserts promoting dietary inclusivity and digestive wellness.

In the health and wellness industry, the demand for products containing lactic acid bacteria (LABs) has increased due to growing consumer awareness of the possible health advantages associated with probiotic consumption. Genetic engineering and fermentation technology advancements have increased LAB production's efficiency, which has decreased costs and expanded scalability. The use of LAB in food items has been impacted by the clean label movement, which emphasizes natural ingredients in response to consumer demand for healthier and more natural options.

In the forecast period, personalized nutrition and the development of novel delivery formats for LAB are expected to shape the market further. As regulators become more involved in setting standards and guidelines for LAB-based products, more transparent regulations will likely influence the market's trajectory. The global LAB market is poised for continued expansion, with research and innovation driving its growth and development.

Attributes Key Insights
Estimated Global Lactic Acid Bacteria Market Size (2024E) US$ 1,163.6 million
Projected Lactic Acid Bacteria Market Value (2034F) US$ 2,112.5 million
Value-based CAGR (2024 to 2034) 6.1%

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2019 to 2023 Lactic Acid Bacteria Market Sales Outlook Compared to 2024 to 2034

The lactic acid bacteria market is estimated to be valued at US$ 1,163.6 million in 2024. The market is expected to rise at a CAGR of 6.1%, reaching a valuation of US$ 2,112.5 million in 2034.

The global lactic acid bacteria market has experienced remarkable development from 2019 to 2023, reflecting the increasing popularity of fermented foods and beverages and consumer preference for plant-based products. One significant factor is that lactic acid bacteria play an important role in fermentation, contributing unique flavors and textures to products. The rising consumer interest in diverse and flavorful food options with health has fueled the demand for lactic acid bacteria.

Traditional, small-scale fermentation methods gave way to large-scale industrial manufacturing with the arrival of industrialization. LAB became indispensable in the large-scale manufacturing of goods like cheese and yogurt.

In the 2020s, the advantages of specific lactic acid bacteria strains for health were becoming more widely acknowledged. LAB became well-known as probiotics, supporting the immune system and promoting digestive health. In addition to classic fermented products, LAB discovered growing uses in the food & beverage sector in the creation of novel products that cater to consumers' shifting tastes for natural and useful components.

Comparative View of Adjacent Lactic Acid Bacteria Markets

The peer or tangential markets in the food and beverage domain will likely impact the lactic acid bacteria market. These include other types of markets, such as the encapsulated lactic acid bacteria industry and the lactic acid industry.

Demand for lactic acid bacteria is projected to expand at a 6.1% CAGR during the forecast period. Probiotics have become well-known because of their alleged health benefits, especially for gut health. Lactic acid bacteria types are set to be frequently used in probiotics.

On the contrary, the encapsulated lactic acid industry is poised to thrive at a higher CAGR of 6.3% through 2034. Because of the recent emphasis on health and wellness, encapsulated lactic acid has been included in functional foods and dietary supplements, where it can improve gut health and general well-being.

The lactic acid industry is projected to expand at a CAGR of 8% from 2024 to 2034. The rising use of lactic acid in the food & beverages industry as a pH regulator, preservative, and flavoring agent is driving growth.

Lactic Acid Bacteria Market:

Attributes Lactic Acid Bacteria Market
CAGR (2024 to 2034) 6.1%
Growth of Lactic Acid Bacteria Market The function of lactic acid bacteria in supporting intestinal health and strengthening the immune system is gaining popularity among consumers.
Opportunity Growing health consciousness among consumers has resulted in a greater understanding of the possible health advantages linked to lactic acid bacteria ingestion. The demand for goods containing these bacteria, such as probiotic-rich foods and supplements, has increased as a result of increased knowledge.
International lactic acid bacteria market trends Lactic acid bacteria are being used more often in the food business because to the increased demand for natural and functional ingredients.

Encapsulated Lactic Acid Market:

Attributes Encapsulated Lactic Acid Market
CAGR (2024 to 2034) 6.3%
Growth Factor Manufacturers are responding to consumer desires for transparency and health-conscious choices by utilizing encapsulated lactic acid as a natural and clean-label ingredient in response to the growing demand for clean-label products.
Opportunity Continuous developments in encapsulation techniques, including extrusion and spray drying, would lead to better encapsulated lactic acid products with increased functionality and stability.
Key Trends Encapsulated lactic acid, a natural preservative in food & beverage applications, is in high demand due to growing consumer awareness of and desire for natural and clean-label products.

Lactic Acid Market:

Attributes Lactic Acid Market
CAGR (2024 to 2034) 8%
Growth Factor The growing adoption of lactic acid treatment in skincare goods is driving market expansion.
Opportunity Lactic acid is becoming more popular as a renewable and environmentally benign substitute for conventional chemical compounds as a result of the shift toward bio-based chemicals and green chemistry.
Key Trends The efficiency of lactic acid production has improved due to advancements in fermentation technology. Ongoing attempts are made to lower production costs, improve total yield, and optimize fermentation processes.
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Nandini Roy Choudhury

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Country-wise Insights

The table below shows the estimated growth rates of the top five countries. Japan, China, and Australia are set to record higher CAGRs of 7.8%, 5.5%, and 6.5%, respectively, through 2034.

Countries CAGR
United States 4.5%
Japan 7.8%
China 5.5%
Australia 6.5%
Germany 4%

Growing Use in Pharmaceutical Applications to Propel Sales in the United States.

The lactic acid bacteria market in the United States is expected to reach a valuation of US$ 815.4 million during the forecast period. With the expansion of the dairy industry in the United States, the demand for lactic acid bacteria is also growing. It is set to be utilized in the production of dairy products to enhance texture & flavor and increase shelf life.

Products containing lactic acid bacteria are in more demand as a result of consumers’ growing interest in health and wellness. Customer preferences have been impacted by the clean label movement, which emphasizes natural and minimally processed components. This pattern is consistent with lactic acid bacteria, which are linked to fermentation and natural processes.

Increasing Demand for Functional Foods and Beverages in China to Boost Sales

China's fast urbanization, aging population, and increased disposable income have resulted in the market growing at a CAGR of 5.5%, reaching a size of US$ 502.8 million in 2034. In China, consumers are now more health-conscious and actively looking for products that offer several health benefits.

Lactic acid bacteria are most commonly found in probiotic products and are known for their potential effects on overall well-being and positive gut health. With growing interest and awareness of the importance of maintaining a healthy digestive system, the demand for products containing lactic acid bacteria is growing. Demand for natural and clean-label ingredients has contributed to the growth of lactic acid bacteria sales in China as consumers are actively purchasing products with organic and natural ingredients, free from any artificial preservatives and additives.

Emphasis on Sustainability and Organic Products to Uplift Germany’s Market

Germany's emphasis on sustainability and organic products is expected to help the country reach a market valuation of US$ 287.3 million in 2034. The use of lactic acid bacteria in Germany is growing as the country's emphasis on sustainability and organic products surges. Lactic acid bacteria are natural and organic ingredients, aligning with consumers' preferences for clean and environmentally friendly products in Germany.

Rising Application in Meat Industry to Surge Demand in Japan

Demand for lactic acid is rising in Japan due to the growing usage of the product as a food additive. The primary factor driving the market is the rising need for lactic acid in meat and other culinary applications. In the meat-based business, lactic acid is projected to be typically utilized to lower bacterial-based infections and protect the meat from contamination.

Growing Research and Development Activities in Australia to Gain Traction

The food and beverage business has been impacted by the rising demand for organic and sustainable products in Australia. Companies that use lactic acid bacteria in their products can benefit from this trend, particularly if they highlight organic and natural components on their packaging. New lactic acid bacteria strains and innovative uses could be found by continued research and innovation in the fields of microbiology and biotechnology, which would further impact the industry.

Category-wise Insights

The section below shows the lactobacillus segment dominated by strain type. It is expected to hold a market share of 32.2% in 2024. Based on functionality, the fermentation enhancer segment is anticipated to hold a dominant share through 2024. It is set to generate a share of 26.4% in 2024.

Segment Market Share (2024)
Lactobacillus (Strain Type) 32.2%
Functional Beverages (End-use Application) 34.7%
Fermentation Enhancer (Functionality) 26.4%

Application of Lactobacillus Strains in Functional Foods to Propel Growth

Based on strain type, lactobacillus is expected to hold a market share of 32.2% in 2024. It is expected to reach a market valuation of US$ 680.2 million in 2034.

Lactobacillus strains can flourish in diverse environments and exhibit robustness during production, storage, and consumption. This resilience makes them highly suitable for commercial applications, ensuring consistent and reliable results.

Lactobacillus strains have been extensively researched, leading to a comprehensive understanding of their properties and applications. It has probiotic effects, promoting gut health and boosting the immune system. These benefits have led to the increased application of lactobacillus strains in several functional foods and dietary supplements.

Lactic Acid Bacteria to be Mainly Preferred by Functional Beverage Manufacturers

Based on end-use applications, functional beverages are expected to hold a market share of 34.7% in 2024. The segment is projected to reach a market valuation of US$ 733.0 million in 2034. With an increased emphasis on preventive healthcare, consumers are actively seeking beverages that offer functional benefits, such as improved immune support and digestion.

Functional beverages provide an enjoyable and convenient way for consumers to incorporate lactic acid bacteria in day-to-day activity. Lactic acid bacteria-based functional beverages are available in several options, such as smoothies, juices, and fermented drinks. Functional beverages can offer a flavorful and refreshing choice for consumers, offering the health benefits associated with lactic acid bacteria supplements.

Demand to Remain High for Fermentation Enhancers Through 2034

Based on functionality, fermentation enhancers are expected to hold a market share of 26.4% in 2024. The segment is expected to reach a market valuation of US$ 557.7 million in 2034.

Fermentation enhancers produce desirable flavors, aromas, and textures in fermented products. It enhances the metabolic activities of lactic acid bacteria, making specific compounds that improve the sensory characteristics of the end products.

Fermentation enhancers permit better process control and optimization, leading to cost-effectiveness and increased productivity in lactic acid bacteria production. Manufacturers can fine-tune the fermentation conditions and parameters with the help of enhancers, ensuring consistent and reliable results.

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Competitive Landscape

The lactic acid bacteria market has a diverse and dynamic competitive landscape. Prominent companies are directing research & development, sustainable sourcing, and new formulations.

Key companies are further emphasizing on environmentally friendly practices, product certifications, and satisfying the increased demand for natural & sustainable ingredients. Leading companies are also capitalizing on the growing demand by focusing on quality, innovation, and matching end-user companies' preferences.

Product Launches and Key Developments

  • In 2023, Nissin introduced Bifidobacterium N708 Tablets and Bifidobacterium N61 Tablets, targeting gut health and cognitive function.
  • In March 2022, Duo Maomao, a new generation of children's food & beverage brands, introduced a lactic acid bacteria fermented fruit juice beverage.
  • In August 2022, ADM and LG Chem partnered to inflate lactic acid products in South Korea.
  • In June 2021, International Flavors and Fragrances (IFF) announced the launch of lactic acid bacteria culture for products known as 'YO-MIX ViV.'

Scope of the Report

Attribute Details
Estimated Value (2024) US$ 1,163.6 million
Projected Value (2034) US$ 2,112.5 million
Anticipated Growth Rate (2024 to 2034) 6.1%
Forecast Period 2024 to 2034
Historical Data Available for 2019 to 2023
Lactic Acid Bacteria Industry Analysis US$ million for Value and MT for Volume
Key Regions Covered North America, Latin America, Europe, East Asia, South Asia, and the Middle East and Africa
Key Countries Covered United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, and others.
Key Segments Covered Strain Type, End-use Application, Functionality, and Region
Key Companies Profiled
  • Danone
  • Yakult
  • Meji
  • Chobani
  • Marigold
  • Farmery
  • GTs
  • Whatabooch
  • Miss Kefir – East Coast
  • Craft & Culture
  • NISSIN FOODS
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, Drivers Restraints Opportunity Trends Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Lactic Acid Bacteria Market Segmentation

By Strain Type:

  • Lactobacillus
    • Lactobacillus Rhamnosus
    • Lactobacillus Acidophilus
    • Lactobacillus Reuteri
    • Lactobacillus Paracasei
    • Lactobacillus Casei
    • Lactobacillus Plantarum
    • Others (Lactobacillus Gasseri, Latilactobacillus Sakei, Lactobacillus Bulgaricus)
  • Bifidobacterium
    • Bifidobacterium Infantis
    • Bifidobacterium Lactis
    • Bifidobacterium Longum
  • Bacillus Licheniformis
    • Bacillus Subtilis
    • Bacillus Coagulans
    • Bacillus Amyloliquefaciens
    • Others(Bacillus Licheniformis)
  • Lactococcus Lactis
  • Streptococcus
  • Pediococcus Acidilactici
  • Enterococcus Faecium

By End-use Application:

  • Functional Beverages
    • Yogurt Drink
    • Kefir
    • Buttermilk
    • Probiotic Smoothies
    • Fermented Fruit Juices
    • Kombucha
    • Fermented Coconut Water
    • Fermented Vegetable Juices
    • Probiotic Sports Drinks
    • Probiotic Shots
  • Dairy
    • Spoonable Yogurt
    • Cheese
    • Sour Cream
    • Desserts, Ice-cream
  • Sauerkraut
  • Kimchi
  • Sourdough Bread
  • Alcoholic Beverages
  • Carbonated Soft Drinks
  • Baby Food, Infant Formula
  • Bakery
  • Confectionary
  • Savory Snacks
  • Fruit Preparations, Sweet Spreads
  • Meat, Seafood Products
  • Plant-based Products
  • Ready Meals, Instant Food
  • Sauces, Dressings, Seasoning

By Functionality:

  • Fermentation Enhancer
  • Preservative
  • Acidifier
  • Taste Enhancer
  • Probiotic Health Benefits
  • Textural Enhancements
  • Flavor Development
  • Improved Nutritional Profile
  • pH Control
  • Starter Cultures
  • Reduction of Antinutrients
  • Production of Bioactive Compounds

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Middle East and Africa

Frequently Asked Questions

At what rate will the lactic acid bacteria market grow by 2034?

By 2034, the market is expected to grow at a CAGR of 6.1%.

What is the expected value of the lactic acid bacteria market by 2034?

By 2034, the market is expected to be worth US$ 2,112.5 million.

Which region adds to the leading lactic acid bacteria market valuation?

North America is leading, and it is expected to contribute significantly to growth.

Which end-use application would lead the lactic acid bacteria market in 2034?

Functional beverages are expected to dominate the market by 2034.

Who are the key players in the lactic acid bacteria market?

Danone, Yakult, Meji, and Chobani are the key players.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Technology Roadmap

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Dynamics

    3.1. Drivers

        3.1.1. Supply Side Drivers

        3.1.2. Demand Side drivers

        3.1.3. Economic Side Drivers

    3.2. Restraints

    3.3. Opportunity

    3.4. Market Trends

    3.5. Macro-Economic Factors

    3.6. Forecast Factors - Relevance and Impact

    3.7. Certifying Agencies

4. Value Chain Analysis and Operating Margins 

    4.1. Supply chain analysis (Operating margin analysis)

    4.2. List of Key market participants

        4.2.1. Key Manufacturers List

        4.2.2. Key End-user List

    4.3. Notes on Value Added at Each Node in the Value Chain

5. Global Market - Pricing Analysis

    5.1. Price Point Assessment By Strain Type

    5.2. Price Point Assessment by Region

        5.2.1. Manufacturer Level Pricing

        5.2.2. Distributor Level Pricing

    5.3. Price Forecast till 2034

6. Global Market Demand in Value (US$ million) and Volume (MT) Analysis 2019 to 2023 and Forecast, 2024 to 2034

    6.1. Historical Market Value (US$ million) and Volume (MT) Analysis, 2019 to 2023

    6.2. Current and Future Market Value (US$ million) and Volume (MT) Projections, 2024 to 2034

        6.2.1. Y-o-Y Growth Trend Analysis

        6.2.2. Absolute $ Opportunity Analysis

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Strain Type 

    7.1. Introduction / Key Findings

    7.2. Historical Market Size (US$ million) and Volume (MT) Analysis By Strain Type, 2019 to 2023

    7.3. Current and Future Market Size (US$ million) and Volume (MT) Analysis and Forecast By Strain Type, 2024 to 2034

        7.3.1. Lactobacillus

            7.3.1.1. Lactobacillus Rhamnosus

            7.3.1.2. Lactobacillus Acidophilus

            7.3.1.3. Lactobacillus Reuteri

            7.3.1.4. Lactobacillus Paracasei

            7.3.1.5. Lactobacillus Casei

            7.3.1.6. Lactobacillus Plantarum

            7.3.1.7. Others (Lactobacillus Gasseri, Latilactobacillus Sakei, Lactobacillus Bulgaricus)

        7.3.2. Bifidobacterium

            7.3.2.1. Bifidobacterium Infantis

            7.3.2.2. Bifidobacterium Lactis

            7.3.2.3. Bifidobacterium Longum

        7.3.3. Bacillus Licheniformis

            7.3.3.1. Bacillus Subtilis

            7.3.3.2. Bacillus Coagulans

            7.3.3.3. Bacillus Amyloliquefaciens

            7.3.3.4. Others (Bacillus Licheniformis)

        7.3.4. Lactococcus Lactis

        7.3.5. Streptococcus

        7.3.6. Pediococcus Acidilactici

        7.3.7. Enterococcus Faecium

    7.4. Market Attractiveness Analysis By Strain Type

8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-use Application

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ million) and Volume (MT) Analysis By End-use Application, 2019 to 2023

    8.3. Current and Future Market Size (US$ million) and Volume (MT) Analysis and Forecast By End-use Application, 2024 to 2034

        8.3.1. Functional Beverages

            8.3.1.1. Yogurt Drink

            8.3.1.2. Kefir

            8.3.1.3. Buttermilk

            8.3.1.4. Probiotic Smoothies

            8.3.1.5. Fermented Fruit Juices

            8.3.1.6. Kombucha

            8.3.1.7. Fermented Coconut Water

            8.3.1.8. Fermented Vegetable Juices

            8.3.1.9. Probiotic Sports Drinks

            8.3.1.10. Probiotic Shots

        8.3.2. Dairy

            8.3.2.1. Spoonable Yogurt

            8.3.2.2. Cheese

            8.3.2.3. Sour Cream

            8.3.2.4. Desserts, Ice-cream

        8.3.3. Sauerkraut

        8.3.4. Kimchi

        8.3.5. Sourdough Bread

        8.3.6. Alcoholic Beverages

        8.3.7. Carbonated Soft Drinks

        8.3.8. Baby Food, Infant Formula

        8.3.9. Bakery

        8.3.10. Confectionary

        8.3.11. Savory Snacks

        8.3.12. Fruit Preparations, Sweet Spreads

        8.3.13. Meat, Seafood Products

        8.3.14. Plant-based Products

        8.3.15. Ready Meals, Instant Food

        8.3.16. Sauces, Dressings, Seasoning

    8.4. Market Attractiveness Analysis By End-use Application

9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Functionality

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ million) and Volume (MT) Analysis By Functionality, 2019 to 2023

    9.3. Current and Future Market Size (US$ million) and Volume (MT) Analysis and Forecast By Functionality, 2024 to 2034

        9.3.1. Fermentation Enhancer

        9.3.2. Preservative

        9.3.3. Acidifier

        9.3.4. Taste Enhancer

        9.3.5. Probiotic Health Benefits

        9.3.6. Textural Enhancements

        9.3.7. Flavor Development

        9.3.8. Improved Nutritional Profile

        9.3.9. pH Control

        9.3.10. Starter Cultures

        9.3.11. Reduction of Antinutrients

        9.3.12. Production of Bioactive Compounds

    9.4. Market Attractiveness Analysis By Functionality

10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region

    10.1. Introduction

    10.2. Historical Market Size (US$ million) and Volume (MT) Analysis By Region, 2019 to 2023

    10.3. Current Market Size (US$ million) and Volume (MT) Analysis and Forecast By Region, 2024 to 2034

        10.3.1. North America

        10.3.2. Latin America

        10.3.3. Europe

        10.3.4. East Asia

        10.3.5. South Asia

        10.3.6. Oceania

        10.3.7. Middle East and Africa

    10.4. Market Attractiveness Analysis By Region

11. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034

    11.1. Introduction

    11.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023

    11.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034

        11.3.1. By Country

            11.3.1.1. United States

            11.3.1.2. Canada

        11.3.2. By Strain Type

        11.3.3. By End-use Application

        11.3.4. By Functionality

    11.4. Market Attractiveness Analysis

        11.4.1. By Country

        11.4.2. By Strain Type

        11.4.3. By End-use Application

        11.4.4. By Functionality

    11.5. Key Takeaways

12. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034

    12.1. Introduction

    12.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023

    12.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034

        12.3.1. By Country

            12.3.1.1. Brazil

            12.3.1.2. Mexico

            12.3.1.3. Colombia

            12.3.1.4. Rest of Latin America

        12.3.2. By Strain Type

        12.3.3. By End-use Application

        12.3.4. By Functionality

    12.4. Market Attractiveness Analysis

        12.4.1. By Country

        12.4.2. By Strain Type

        12.4.3. By End-use Application

        12.4.4. By Functionality

    12.5. Key Takeaways

13. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034

    13.1. Introduction

    13.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023

    13.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034

        13.3.1. By Country

            13.3.1.1. Germany

            13.3.1.2. France

            13.3.1.3. United Kingdom

            13.3.1.4. Spain

            13.3.1.5. Netherlands

            13.3.1.6. Belgium

            13.3.1.7. Poland

            13.3.1.8. Italy

            13.3.1.9. Russia

            13.3.1.10. Rest of Europe

        13.3.2. By Strain Type

        13.3.3. By End-use Application

        13.3.4. By Functionality

    13.4. Market Attractiveness Analysis

        13.4.1. By Country

        13.4.2. By Strain Type

        13.4.3. By End-use Application

        13.4.4. By Functionality

    13.5. Key Takeaways

14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034

    14.1. Introduction

    14.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023

    14.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034

        14.3.1. By Country

            14.3.1.1. China

            14.3.1.2. Japan

            14.3.1.3. South Korea

        14.3.2. By Strain Type

        14.3.3. By End-use Application

        14.3.4. By Functionality

    14.4. Market Attractiveness Analysis

        14.4.1. By Country

        14.4.2. By Strain Type

        14.4.3. By End-use Application

        14.4.4. By Functionality

    14.5. Key Takeaways

15. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034

    15.1. Introduction

    15.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023

    15.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034

        15.3.1. By Country

            15.3.1.1. India

            15.3.1.2. Malaysia

            15.3.1.3. Indonesia

            15.3.1.4. Singapore

            15.3.1.5. Vietnam

            15.3.1.6. Philippines

            15.3.1.7. Thailand

            15.3.1.8. Rest of South Asia

            15.3.1.9. By Strain Type

        15.3.2. By End-use Application

        15.3.3. By Functionality

    15.4. Market Attractiveness Analysis

        15.4.1. By Country

        15.4.2. By Strain Type

        15.4.3. By End-use Application

        15.4.4. By Functionality

    15.5. Key Takeaways

16. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034

    16.1. Introduction

    16.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023

    16.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034

        16.3.1. By Country

            16.3.1.1. Australia

            16.3.1.2. New Zealand

        16.3.2. By Strain Type

        16.3.3. By End-use Application

        16.3.4. By Functionality

    16.4. Market Attractiveness Analysis

        16.4.1. By Country

        16.4.2. By Strain Type

        16.4.3. By End-use Application

        16.4.4. By Functionality

    16.5. Key Takeaways

17. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034

    17.1. Introduction

    17.2. Historical Market Size (US$ million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023

    17.3. Market Size (US$ million) and Volume Forecast By Market Taxonomy, 2024 to 2034

        17.3.1. By Country

            17.3.1.1. GCC Countries

            17.3.1.2. North Africa

            17.3.1.3. South Africa

            17.3.1.4. Rest of Middle East and Africa

            17.3.1.5. By Strain Type

        17.3.2. By End-use Application

        17.3.3. By Functionality

    17.4. Market Attractiveness Analysis

        17.4.1. By Country

        17.4.2. By Strain Type

        17.4.3. By End-use Application

        17.4.4. By Functionality

    17.5. Key Takeaways

18. Country-level Market Analysis 

    18.1. United States Market Analysis

        18.1.1. By Strain Type

        18.1.2. By End-use Application

        18.1.3. By Functionality

    18.2. Canada Market Analysis

        18.2.1. By Strain Type

        18.2.2. By End-use Application

        18.2.3. By Functionality

    18.3. Brazil Market Analysis

        18.3.1. By Strain Type

        18.3.2. By End-use Application

        18.3.3. By Functionality

    18.4. Mexico Market Analysis

        18.4.1. By Strain Type

        18.4.2. By End-use Application

        18.4.3. By Functionality

    18.5. Colombia Market Analysis

        18.5.1. By Strain Type

        18.5.2. By End-use Application

        18.5.3. By Functionality

    18.6. Germany Market Analysis

        18.6.1. By Strain Type

        18.6.2. By End-use Application

        18.6.3. By Functionality

    18.7. United Kingdom Market Analysis

        18.7.1. By Strain Type

        18.7.2. By End-use Application

        18.7.3. By Functionality

    18.8. France Market Analysis

        18.8.1. By Strain Type

        18.8.2. By End-use Application

        18.8.3. By Functionality

    18.9. Italy Market Analysis

        18.9.1. By Strain Type

        18.9.2. By End-use Application

        18.9.3. By Functionality

        18.9.4. By Price Range

    18.10. Spain Market Analysis

        18.10.1. By Strain Type

        18.10.2. By End-use Application

        18.10.3. By Functionality

    18.11. Netherlands Europe Market Analysis

        18.11.1. By Strain Type

        18.11.2. By End-use Application

        18.11.3. By Functionality

    18.12. Belgium Market Analysis

        18.12.1. By Strain Type

        18.12.2. By End-use Application

        18.12.3. By Functionality

    18.13. Russia Region Market Analysis

        18.13.1. By Strain Type

        18.13.2. By End-use Application

        18.13.3. By Functionality

    18.14. Poland Market Analysis

        18.14.1. By Strain Type

        18.14.2. By End-use Application

        18.14.3. By Functionality

    18.15. China Market Analysis

        18.15.1. By Strain Type

        18.15.2. By End-use Application

        18.15.3. By Functionality

    18.16. Japan Market Analysis

        18.16.1. By Strain Type

        18.16.2. By End-use Application

        18.16.3. By Functionality

    18.17. India Market Analysis

        18.17.1. By Strain Type

        18.17.2. By End-use Application

        18.17.3. By Functionality

    18.18. Thailand Market Analysis

        18.18.1. By Strain Type

        18.18.2. By End-use Application

        18.18.3. By Functionality

    18.19. Malaysia Market Analysis

        18.19.1. By Strain Type

        18.19.2. By End-use Application

        18.19.3. By Functionality

    18.20. Indonesia Market Analysis

        18.20.1. By Strain Type

        18.20.2. By End-use Application

        18.20.3. By Functionality

    18.21. Vietnam Market Analysis

        18.21.1. By Strain Type

        18.21.2. By End-use Application

        18.21.3. By Functionality

    18.22. Philippines Market Analysis

        18.22.1. By Strain Type

        18.22.2. By End-use Application

        18.22.3. By Functionality

    18.23. Singapore Market Analysis

        18.23.1. By Strain Type

        18.23.2. By End-use Application

        18.23.3. By Functionality

    18.24. Australia Market Analysis

        18.24.1. By Strain Type

        18.24.2. By End-use Application

        18.24.3. By Functionality

    18.25. New Zealand Market Analysis

        18.25.1. By Strain Type

        18.25.2. By End-use Application

        18.25.3. By Functionality

    18.26. GCC Countries Market Analysis

        18.26.1. By Strain Type

        18.26.2. By End-use Application

        18.26.3. By Functionality

    18.27. North Africa Market Analysis

        18.27.1. By Strain Type

        18.27.2. By End-use Application

        18.27.3. By Functionality

    18.28. South Africa Market Analysis

        18.28.1. By Strain Type

        18.28.2. By End-use Application

        18.28.3. By Functionality

19. Market Structure Analysis

    19.1. Global Market Competition - a Dashboard View

    19.2. Global Market Structure Analysis

    19.3. Global Market Company Share Analysis

        19.3.1. For Tier 1 Market Players, 2023

        19.3.2. Company Market Share Analysis of Top 5 Players, By Region

    19.4. Key Participants Market Presence (Intensity Mapping) by Region

20. Competition Analysis

    20.1. Competition Dashboard

    20.2. Competition Benchmarking

    20.3. Competition Deep Dive

        20.3.1. Danone

            20.3.1.1. Product Portfolio

            20.3.1.2. Revenue by Market Segments (Product/Channel/Region)

            20.3.1.3. Sales Footprint

            20.3.1.4. Strategy Overview

                20.3.1.4.1. Marketing Strategy

                20.3.1.4.2. Product Strategy

                20.3.1.4.3. Channel Strategy

        20.3.2. Yakult

        20.3.3. Meji

        20.3.4. Chobani

        20.3.5. Marigold

        20.3.6. Farmery

        20.3.7. GTs

        20.3.8. Whatabooch

        20.3.9. Miss Kefir – East Coast

        20.3.10. Craft & Culture

        20.3.11. NISSIN FOODS

        20.3.12. Other Players (On Additional Requests)

21. Assumptions and Acronyms Used

22. Research Methodology

List of Tables

Table 1: Global Market Value (US$ million) Forecast by Region, 2019 to 2034

Table 2: Global Market Volume (MT) Forecast by Region, 2019 to 2034

Table 3: Global Market Value (US$ million) Forecast by Strain Type, 2019 to 2034

Table 4: Global Market Volume (MT) Forecast by Strain Type, 2019 to 2034

Table 5: Global Market Value (US$ million) Forecast by End-use Application, 2019 to 2034

Table 6: Global Market Volume (MT) Forecast by End-use Application, 2019 to 2034

Table 7: Global Market Value (US$ million) Forecast by Functionality, 2019 to 2034

Table 8: Global Market Volume (MT) Forecast by Functionality, 2019 to 2034

Table 9: North America Market Value (US$ million) Forecast by Country, 2019 to 2034

Table 10: North America Market Volume (MT) Forecast by Country, 2019 to 2034

Table 11: North America Market Value (US$ million) Forecast by Strain Type, 2019 to 2034

Table 12: North America Market Volume (MT) Forecast by Strain Type, 2019 to 2034

Table 13: North America Market Value (US$ million) Forecast by End-use Application, 2019 to 2034

Table 14: North America Market Volume (MT) Forecast by End-use Application, 2019 to 2034

Table 15: North America Market Value (US$ million) Forecast by Functionality, 2019 to 2034

Table 16: North America Market Volume (MT) Forecast by Functionality, 2019 to 2034

Table 17: Latin America Market Value (US$ million) Forecast by Country, 2019 to 2034

Table 18: Latin America Market Volume (MT) Forecast by Country, 2019 to 2034

Table 19: Latin America Market Value (US$ million) Forecast by Strain Type, 2019 to 2034

Table 20: Latin America Market Volume (MT) Forecast by Strain Type, 2019 to 2034

Table 21: Latin America Market Value (US$ million) Forecast by End-use Application, 2019 to 2034

Table 22: Latin America Market Volume (MT) Forecast by End-use Application, 2019 to 2034

Table 23: Latin America Market Value (US$ million) Forecast by Functionality, 2019 to 2034

Table 24: Latin America Market Volume (MT) Forecast by Functionality, 2019 to 2034

Table 25: Europe Market Value (US$ million) Forecast by Country, 2019 to 2034

Table 26: Europe Market Volume (MT) Forecast by Country, 2019 to 2034

Table 27: Europe Market Value (US$ million) Forecast by Strain Type, 2019 to 2034

Table 28: Europe Market Volume (MT) Forecast by Strain Type, 2019 to 2034

Table 29: Europe Market Value (US$ million) Forecast by End-use Application, 2019 to 2034

Table 30: Europe Market Volume (MT) Forecast by End-use Application, 2019 to 2034

Table 31: Europe Market Value (US$ million) Forecast by Functionality, 2019 to 2034

Table 32: Europe Market Volume (MT) Forecast by Functionality, 2019 to 2034

Table 33: East Asia Market Value (US$ million) Forecast by Country, 2019 to 2034

Table 34: East Asia Market Volume (MT) Forecast by Country, 2019 to 2034

Table 35: East Asia Market Value (US$ million) Forecast by Strain Type, 2019 to 2034

Table 36: East Asia Market Volume (MT) Forecast by Strain Type, 2019 to 2034

Table 37: East Asia Market Value (US$ million) Forecast by End-use Application, 2019 to 2034

Table 38: East Asia Market Volume (MT) Forecast by End-use Application, 2019 to 2034

Table 39: East Asia Market Value (US$ million) Forecast by Functionality, 2019 to 2034

Table 40: East Asia Market Volume (MT) Forecast by Functionality, 2019 to 2034

Table 41: South Asia Market Value (US$ million) Forecast by Country, 2019 to 2034

Table 42: South Asia Market Volume (MT) Forecast by Country, 2019 to 2034

Table 43: South Asia Market Value (US$ million) Forecast by Strain Type, 2019 to 2034

Table 44: South Asia Market Volume (MT) Forecast by Strain Type, 2019 to 2034

Table 45: South Asia Market Value (US$ million) Forecast by End-use Application, 2019 to 2034

Table 46: South Asia Market Volume (MT) Forecast by End-use Application, 2019 to 2034

Table 47: South Asia Market Value (US$ million) Forecast by Functionality, 2019 to 2034

Table 48: South Asia Market Volume (MT) Forecast by Functionality, 2019 to 2034

Table 49: Oceania Market Value (US$ million) Forecast by Country, 2019 to 2034

Table 50: Oceania Market Volume (MT) Forecast by Country, 2019 to 2034

Table 51: Oceania Market Value (US$ million) Forecast by Strain Type, 2019 to 2034

Table 52: Oceania Market Volume (MT) Forecast by Strain Type, 2019 to 2034

Table 53: Oceania Market Value (US$ million) Forecast by End-use Application, 2019 to 2034

Table 54: Oceania Market Volume (MT) Forecast by End-use Application, 2019 to 2034

Table 55: Oceania Market Value (US$ million) Forecast by Functionality, 2019 to 2034

Table 56: Oceania Market Volume (MT) Forecast by Functionality, 2019 to 2034

Table 57: Middle East and Africa Market Value (US$ million) Forecast by Country, 2019 to 2034

Table 58: Middle East and Africa Market Volume (MT) Forecast by Country, 2019 to 2034

Table 59: Middle East and Africa Market Value (US$ million) Forecast by Strain Type, 2019 to 2034

Table 60: Middle East and Africa Market Volume (MT) Forecast by Strain Type, 2019 to 2034

Table 61: Middle East and Africa Market Value (US$ million) Forecast by End-use Application, 2019 to 2034

Table 62: Middle East and Africa Market Volume (MT) Forecast by End-use Application, 2019 to 2034

Table 63: Middle East and Africa Market Value (US$ million) Forecast by Functionality, 2019 to 2034

Table 64: Middle East and Africa Market Volume (MT) Forecast by Functionality, 2019 to 2034

List of Charts

Figure 1: Global Market Value (US$ million) by Strain Type, 2024 to 2034

Figure 2: Global Market Value (US$ million) by End-use Application, 2024 to 2034

Figure 3: Global Market Value (US$ million) by Functionality, 2024 to 2034

Figure 4: Global Market Value (US$ million) by Region, 2024 to 2034

Figure 5: Global Market Value (US$ million) Analysis by Region, 2019 to 2034

Figure 6: Global Market Volume (MT) Analysis by Region, 2019 to 2034

Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034

Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034

Figure 9: Global Market Value (US$ million) Analysis by Strain Type, 2019 to 2034

Figure 10: Global Market Volume (MT) Analysis by Strain Type, 2019 to 2034

Figure 11: Global Market Value Share (%) and BPS Analysis by Strain Type, 2024 to 2034

Figure 12: Global Market Y-o-Y Growth (%) Projections by Strain Type, 2024 to 2034

Figure 13: Global Market Value (US$ million) Analysis by End-use Application, 2019 to 2034

Figure 14: Global Market Volume (MT) Analysis by End-use Application, 2019 to 2034

Figure 15: Global Market Value Share (%) and BPS Analysis by End-use Application, 2024 to 2034

Figure 16: Global Market Y-o-Y Growth (%) Projections by End-use Application, 2024 to 2034

Figure 17: Global Market Value (US$ million) Analysis by Functionality, 2019 to 2034

Figure 18: Global Market Volume (MT) Analysis by Functionality, 2019 to 2034

Figure 19: Global Market Value Share (%) and BPS Analysis by Functionality, 2024 to 2034

Figure 20: Global Market Y-o-Y Growth (%) Projections by Functionality, 2024 to 2034

Figure 21: Global Market Attractiveness by Strain Type, 2024 to 2034

Figure 22: Global Market Attractiveness by End-use Application, 2024 to 2034

Figure 23: Global Market Attractiveness by Functionality, 2024 to 2034

Figure 24: Global Market Attractiveness by Region, 2024 to 2034

Figure 25: North America Market Value (US$ million) by Strain Type, 2024 to 2034

Figure 26: North America Market Value (US$ million) by End-use Application, 2024 to 2034

Figure 27: North America Market Value (US$ million) by Functionality, 2024 to 2034

Figure 28: North America Market Value (US$ million) by Country, 2024 to 2034

Figure 29: North America Market Value (US$ million) Analysis by Country, 2019 to 2034

Figure 30: North America Market Volume (MT) Analysis by Country, 2019 to 2034

Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 33: North America Market Value (US$ million) Analysis by Strain Type, 2019 to 2034

Figure 34: North America Market Volume (MT) Analysis by Strain Type, 2019 to 2034

Figure 35: North America Market Value Share (%) and BPS Analysis by Strain Type, 2024 to 2034

Figure 36: North America Market Y-o-Y Growth (%) Projections by Strain Type, 2024 to 2034

Figure 37: North America Market Value (US$ million) Analysis by End-use Application, 2019 to 2034

Figure 38: North America Market Volume (MT) Analysis by End-use Application, 2019 to 2034

Figure 39: North America Market Value Share (%) and BPS Analysis by End-use Application, 2024 to 2034

Figure 40: North America Market Y-o-Y Growth (%) Projections by End-use Application, 2024 to 2034

Figure 41: North America Market Value (US$ million) Analysis by Functionality, 2019 to 2034

Figure 42: North America Market Volume (MT) Analysis by Functionality, 2019 to 2034

Figure 43: North America Market Value Share (%) and BPS Analysis by Functionality, 2024 to 2034

Figure 44: North America Market Y-o-Y Growth (%) Projections by Functionality, 2024 to 2034

Figure 45: North America Market Attractiveness by Strain Type, 2024 to 2034

Figure 46: North America Market Attractiveness by End-use Application, 2024 to 2034

Figure 47: North America Market Attractiveness by Functionality, 2024 to 2034

Figure 48: North America Market Attractiveness by Country, 2024 to 2034

Figure 49: Latin America Market Value (US$ million) by Strain Type, 2024 to 2034

Figure 50: Latin America Market Value (US$ million) by End-use Application, 2024 to 2034

Figure 51: Latin America Market Value (US$ million) by Functionality, 2024 to 2034

Figure 52: Latin America Market Value (US$ million) by Country, 2024 to 2034

Figure 53: Latin America Market Value (US$ million) Analysis by Country, 2019 to 2034

Figure 54: Latin America Market Volume (MT) Analysis by Country, 2019 to 2034

Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 57: Latin America Market Value (US$ million) Analysis by Strain Type, 2019 to 2034

Figure 58: Latin America Market Volume (MT) Analysis by Strain Type, 2019 to 2034

Figure 59: Latin America Market Value Share (%) and BPS Analysis by Strain Type, 2024 to 2034

Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Strain Type, 2024 to 2034

Figure 61: Latin America Market Value (US$ million) Analysis by End-use Application, 2019 to 2034

Figure 62: Latin America Market Volume (MT) Analysis by End-use Application, 2019 to 2034

Figure 63: Latin America Market Value Share (%) and BPS Analysis by End-use Application, 2024 to 2034

Figure 64: Latin America Market Y-o-Y Growth (%) Projections by End-use Application, 2024 to 2034

Figure 65: Latin America Market Value (US$ million) Analysis by Functionality, 2019 to 2034

Figure 66: Latin America Market Volume (MT) Analysis by Functionality, 2019 to 2034

Figure 67: Latin America Market Value Share (%) and BPS Analysis by Functionality, 2024 to 2034

Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Functionality, 2024 to 2034

Figure 69: Latin America Market Attractiveness by Strain Type, 2024 to 2034

Figure 70: Latin America Market Attractiveness by End-use Application, 2024 to 2034

Figure 71: Latin America Market Attractiveness by Functionality, 2024 to 2034

Figure 72: Latin America Market Attractiveness by Country, 2024 to 2034

Figure 73: Europe Market Value (US$ million) by Strain Type, 2024 to 2034

Figure 74: Europe Market Value (US$ million) by End-use Application, 2024 to 2034

Figure 75: Europe Market Value (US$ million) by Functionality, 2024 to 2034

Figure 76: Europe Market Value (US$ million) by Country, 2024 to 2034

Figure 77: Europe Market Value (US$ million) Analysis by Country, 2019 to 2034

Figure 78: Europe Market Volume (MT) Analysis by Country, 2019 to 2034

Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 81: Europe Market Value (US$ million) Analysis by Strain Type, 2019 to 2034

Figure 82: Europe Market Volume (MT) Analysis by Strain Type, 2019 to 2034

Figure 83: Europe Market Value Share (%) and BPS Analysis by Strain Type, 2024 to 2034

Figure 84: Europe Market Y-o-Y Growth (%) Projections by Strain Type, 2024 to 2034

Figure 85: Europe Market Value (US$ million) Analysis by End-use Application, 2019 to 2034

Figure 86: Europe Market Volume (MT) Analysis by End-use Application, 2019 to 2034

Figure 87: Europe Market Value Share (%) and BPS Analysis by End-use Application, 2024 to 2034

Figure 88: Europe Market Y-o-Y Growth (%) Projections by End-use Application, 2024 to 2034

Figure 89: Europe Market Value (US$ million) Analysis by Functionality, 2019 to 2034

Figure 90: Europe Market Volume (MT) Analysis by Functionality, 2019 to 2034

Figure 91: Europe Market Value Share (%) and BPS Analysis by Functionality, 2024 to 2034

Figure 92: Europe Market Y-o-Y Growth (%) Projections by Functionality, 2024 to 2034

Figure 93: Europe Market Attractiveness by Strain Type, 2024 to 2034

Figure 94: Europe Market Attractiveness by End-use Application, 2024 to 2034

Figure 95: Europe Market Attractiveness by Functionality, 2024 to 2034

Figure 96: Europe Market Attractiveness by Country, 2024 to 2034

Figure 97: East Asia Market Value (US$ million) by Strain Type, 2024 to 2034

Figure 98: East Asia Market Value (US$ million) by End-use Application, 2024 to 2034

Figure 99: East Asia Market Value (US$ million) by Functionality, 2024 to 2034

Figure 100: East Asia Market Value (US$ million) by Country, 2024 to 2034

Figure 101: East Asia Market Value (US$ million) Analysis by Country, 2019 to 2034

Figure 102: East Asia Market Volume (MT) Analysis by Country, 2019 to 2034

Figure 103: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 104: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 105: East Asia Market Value (US$ million) Analysis by Strain Type, 2019 to 2034

Figure 106: East Asia Market Volume (MT) Analysis by Strain Type, 2019 to 2034

Figure 107: East Asia Market Value Share (%) and BPS Analysis by Strain Type, 2024 to 2034

Figure 108: East Asia Market Y-o-Y Growth (%) Projections by Strain Type, 2024 to 2034

Figure 109: East Asia Market Value (US$ million) Analysis by End-use Application, 2019 to 2034

Figure 110: East Asia Market Volume (MT) Analysis by End-use Application, 2019 to 2034

Figure 111: East Asia Market Value Share (%) and BPS Analysis by End-use Application, 2024 to 2034

Figure 112: East Asia Market Y-o-Y Growth (%) Projections by End-use Application, 2024 to 2034

Figure 113: East Asia Market Value (US$ million) Analysis by Functionality, 2019 to 2034

Figure 114: East Asia Market Volume (MT) Analysis by Functionality, 2019 to 2034

Figure 115: East Asia Market Value Share (%) and BPS Analysis by Functionality, 2024 to 2034

Figure 116: East Asia Market Y-o-Y Growth (%) Projections by Functionality, 2024 to 2034

Figure 117: East Asia Market Attractiveness by Strain Type, 2024 to 2034

Figure 118: East Asia Market Attractiveness by End-use Application, 2024 to 2034

Figure 119: East Asia Market Attractiveness by Functionality, 2024 to 2034

Figure 120: East Asia Market Attractiveness by Country, 2024 to 2034

Figure 121: South Asia Market Value (US$ million) by Strain Type, 2024 to 2034

Figure 122: South Asia Market Value (US$ million) by End-use Application, 2024 to 2034

Figure 123: South Asia Market Value (US$ million) by Functionality, 2024 to 2034

Figure 124: South Asia Market Value (US$ million) by Country, 2024 to 2034

Figure 125: South Asia Market Value (US$ million) Analysis by Country, 2019 to 2034

Figure 126: South Asia Market Volume (MT) Analysis by Country, 2019 to 2034

Figure 127: South Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 128: South Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 129: South Asia Market Value (US$ million) Analysis by Strain Type, 2019 to 2034

Figure 130: South Asia Market Volume (MT) Analysis by Strain Type, 2019 to 2034

Figure 131: South Asia Market Value Share (%) and BPS Analysis by Strain Type, 2024 to 2034

Figure 132: South Asia Market Y-o-Y Growth (%) Projections by Strain Type, 2024 to 2034

Figure 133: South Asia Market Value (US$ million) Analysis by End-use Application, 2019 to 2034

Figure 134: South Asia Market Volume (MT) Analysis by End-use Application, 2019 to 2034

Figure 135: South Asia Market Value Share (%) and BPS Analysis by End-use Application, 2024 to 2034

Figure 136: South Asia Market Y-o-Y Growth (%) Projections by End-use Application, 2024 to 2034

Figure 137: South Asia Market Value (US$ million) Analysis by Functionality, 2019 to 2034

Figure 138: South Asia Market Volume (MT) Analysis by Functionality, 2019 to 2034

Figure 139: South Asia Market Value Share (%) and BPS Analysis by Functionality, 2024 to 2034

Figure 140: South Asia Market Y-o-Y Growth (%) Projections by Functionality, 2024 to 2034

Figure 141: South Asia Market Attractiveness by Strain Type, 2024 to 2034

Figure 142: South Asia Market Attractiveness by End-use Application, 2024 to 2034

Figure 143: South Asia Market Attractiveness by Functionality, 2024 to 2034

Figure 144: South Asia Market Attractiveness by Country, 2024 to 2034

Figure 145: Oceania Market Value (US$ million) by Strain Type, 2024 to 2034

Figure 146: Oceania Market Value (US$ million) by End-use Application, 2024 to 2034

Figure 147: Oceania Market Value (US$ million) by Functionality, 2024 to 2034

Figure 148: Oceania Market Value (US$ million) by Country, 2024 to 2034

Figure 149: Oceania Market Value (US$ million) Analysis by Country, 2019 to 2034

Figure 150: Oceania Market Volume (MT) Analysis by Country, 2019 to 2034

Figure 151: Oceania Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 152: Oceania Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 153: Oceania Market Value (US$ million) Analysis by Strain Type, 2019 to 2034

Figure 154: Oceania Market Volume (MT) Analysis by Strain Type, 2019 to 2034

Figure 155: Oceania Market Value Share (%) and BPS Analysis by Strain Type, 2024 to 2034

Figure 156: Oceania Market Y-o-Y Growth (%) Projections by Strain Type, 2024 to 2034

Figure 157: Oceania Market Value (US$ million) Analysis by End-use Application, 2019 to 2034

Figure 158: Oceania Market Volume (MT) Analysis by End-use Application, 2019 to 2034

Figure 159: Oceania Market Value Share (%) and BPS Analysis by End-use Application, 2024 to 2034

Figure 160: Oceania Market Y-o-Y Growth (%) Projections by End-use Application, 2024 to 2034

Figure 161: Oceania Market Value (US$ million) Analysis by Functionality, 2019 to 2034

Figure 162: Oceania Market Volume (MT) Analysis by Functionality, 2019 to 2034

Figure 163: Oceania Market Value Share (%) and BPS Analysis by Functionality, 2024 to 2034

Figure 164: Oceania Market Y-o-Y Growth (%) Projections by Functionality, 2024 to 2034

Figure 165: Oceania Market Attractiveness by Strain Type, 2024 to 2034

Figure 166: Oceania Market Attractiveness by End-use Application, 2024 to 2034

Figure 167: Oceania Market Attractiveness by Functionality, 2024 to 2034

Figure 168: Oceania Market Attractiveness by Country, 2024 to 2034

Figure 169: Middle East and Africa Market Value (US$ million) by Strain Type, 2024 to 2034

Figure 170: Middle East and Africa Market Value (US$ million) by End-use Application, 2024 to 2034

Figure 171: Middle East and Africa Market Value (US$ million) by Functionality, 2024 to 2034

Figure 172: Middle East and Africa Market Value (US$ million) by Country, 2024 to 2034

Figure 173: Middle East and Africa Market Value (US$ million) Analysis by Country, 2019 to 2034

Figure 174: Middle East and Africa Market Volume (MT) Analysis by Country, 2019 to 2034

Figure 175: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 176: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 177: Middle East and Africa Market Value (US$ million) Analysis by Strain Type, 2019 to 2034

Figure 178: Middle East and Africa Market Volume (MT) Analysis by Strain Type, 2019 to 2034

Figure 179: Middle East and Africa Market Value Share (%) and BPS Analysis by Strain Type, 2024 to 2034

Figure 180: Middle East and Africa Market Y-o-Y Growth (%) Projections by Strain Type, 2024 to 2034

Figure 181: Middle East and Africa Market Value (US$ million) Analysis by End-use Application, 2019 to 2034

Figure 182: Middle East and Africa Market Volume (MT) Analysis by End-use Application, 2019 to 2034

Figure 183: Middle East and Africa Market Value Share (%) and BPS Analysis by End-use Application, 2024 to 2034

Figure 184: Middle East and Africa Market Y-o-Y Growth (%) Projections by End-use Application, 2024 to 2034

Figure 185: Middle East and Africa Market Value (US$ million) Analysis by Functionality, 2019 to 2034

Figure 186: Middle East and Africa Market Volume (MT) Analysis by Functionality, 2019 to 2034

Figure 187: Middle East and Africa Market Value Share (%) and BPS Analysis by Functionality, 2024 to 2034

Figure 188: Middle East and Africa Market Y-o-Y Growth (%) Projections by Functionality, 2024 to 2034

Figure 189: Middle East and Africa Market Attractiveness by Strain Type, 2024 to 2034

Figure 190: Middle East and Africa Market Attractiveness by End-use Application, 2024 to 2034

Figure 191: Middle East and Africa Market Attractiveness by Functionality, 2024 to 2034

Figure 192: Middle East and Africa Market Attractiveness by Country, 2024 to 2034

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