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The microbiome therapeutics market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 26%, as per The Business Research Company’s market report!

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The Microbiome Therapeutics Market Size In 2022 And Forecast
The global microbiome therapeutics market is expected to grow from $0.29 billion in 2021 to $0.39 billion in 2022 at a compound annual growth rate (CAGR) of 34.7%. The global microbiome therapeutics market size is expected to grow to $1 billion in 2026 at a compound annual growth rate (CAGR) of 26.4%.

The microbiome therapeutics market consists of sales of microbiome therapeutics and related services by entities (organizations, sole traders, partnership) which are used to treat and prevent various diseases.

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Rise In Prevalence Of Obesity Is Driving The Growth Of The Microbiome Therapeutics Market
For instance, in 2022, according to the UK Parliament, a survey found that men are more likely than women to be overweight or obese (68.2% of men, 60.4% of women). People aged 45–74 are most likely to be overweight or obese. Therefore, the rising prevalence of obesity is driving the growth of microbiome therapeutics.

Competitive Landscape And The Regional Analysis Of The Microbiome Therapeutics Market
Major players in the microbiome therapeutics market are Seres Therapeutics, Enterome Bioscience, Rebiotix, Microbiome Therapeutics, and Ritter Pharmaceuticals.

Additionally, as per TBRC’s research – North Americawas the largest region in the microbiome therapeutics market in 2021 holding the largest market share.

The Microbiome Therapeutics Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the microbiome therapeutics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the microbiome therapeutics market.

Increasing Research And Development – A Key Trend In The Microbiome Therapeutics Market
Companies operating in the microbiome therapeutics market are focused on developing new innovations to increase their market share.

Microbiome Therapeutics Market Segmentation By The Business Research Company

1) By Product: Probiotics, Prebiotics, Symbiotics, and Others

2) By Application: Inflammatory Bowel Disease, Diabetes, Multiple Sclerosis, Rheumatoid Arthritis, and Others

3) By Distribution Channel: Hospital Pharmacies, Drug stores, Retail Pharmacies, and E-commerce stores

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