Global Microbiome Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

18 Oct, 2021

The microbiome market consists of sales of microbiomes drugs and related services. Microbiome therapy aims at restoring balanced gut microbiota and is expected to decrease the risk of infection recurrence and greatly increase the quality of life of patients.

Global Microbiome Market Size And Drivers:

The global microbiome market is expected to grow from $0.27 billion in 2020 to $0.37 billion in 2021 at a compound annual growth rate (CAGR) of 37%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $0.94 billion in 2025 at a CAGR of 26%. The increasing prevalence of inflammatory bowel disease (IBD) is a key factor driving the growth of the microbiome market.

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Trends In The Global Microbiome Market

Growing technological improvement is a major trend gaining popularity in the microbiome market. Major companies in the microbiome sector are focusing on developing advanced technology solutions for microbiomes. For instance, in 2018, Seed, a new microbiome company, has introduced Probiotic and Prebiotic Daily Synbiotica for both females and males. The Daily Synbiotic Seed is the first to follow a microbe-system strategy with strain-specific advantages beyond digestive health such as cardiac safety, dermatological health, immune control, reproductive health, the integrity of the gut barrier and oxidative stress.

Global Microbiome Market Segments:
The global microbiome market is further segmented –
By Type: Fecal Microbiota Transplantation (FMT), Microbiome Drugs
By Application: Inflammatory Bowel Disease, Diabetes, Multiple Sclerosis, Rheumatoid Arthritis, Others
By Technology: Genomics, Proteomics, Metabolomics
By Geography: The global microbiome market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Report For The Global Microbiome Market At:

https://www.thebusinessresearchcompany.com/report/microbiome-market-global-report-2020-30-covid-19-growth-and-change

Microbiome Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides microbiome market overviews, analyzes and forecasts market size and growth for the global microbiome market, microbiome market share, microbiome market players, microbiome market segments and geographies, microbiome market’s leading competitors’ revenues, profiles and market shares. The microbiome market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.