Global probiotic market to grow US$64b in Latin America and Asia

USA – The global probiotics market is projected to grow to US$64 billion at a compound annual growth rate (CAGR) of 7% through 2022, according to Ingredients. While all regions are expected to experience growth, the fastest region is Latin America, with Brazil contributing to 52% of the area’s total probiotic market. With the rising middle-class levels and more disposable income expanding awareness, innovation and product availability has improved across the region. “Latin America is one of the largest opportunities for probiotic fortified foods and beverages, but the challenge here…

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