The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest microbiome market share.

The global microbiome market is expected to grow from $0.39 billion in 2022 to $0.57 billion in 2023 at a compound annual growth rate (CAGR) of 45.6%. The global microbiome market size is expected to grow from $1.09 billion in 2027 at a CAGR of 17.6%.

Major Driver In The Microbiome Market ­– Increase In The Prevalence Of Inflammatory Bowel Disease
According to the National Institute of Health, a scientific and public health research institution based in the United States, between 600,000 and 900,000 Americans may suffer with ulcerative colitis in September 2020. As a result, the rising prevalence of inflammatory bowel disease (IBD) is predicted to propel the microbiome industry forward.

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Key Microbiome Market Segments
1) By Type: Fecal Microbiota Transplantation (FMT), Microbiome Drugs
2) By Application: Inflammatory Bowel Disease, Diabetes, Multiple Sclerosis, Rheumatoid Arthritis, Other Applications
3) By Technology: Genomics, Proteomics, and Metabolomics

Recent Microbiome Market Trend – Technological Advancement
Major microbiome companies are working on developing innovative technology solutions for microbiomes. Seed, a new microbiome company, for example, has produced Probiotic and Prebiotic Daily Synbiotic for both males and females. The Daily Synbiotic Seed is the first to use a microbe-system technique with strain-specific benefits other than digestive health, including cardiac safety, dermatological health, immunological control, reproductive health, gut barrier integrity, and oxidative stress.

Microbiome Market Prominent Players
Major players in the microbiome market are MicroBiome Therapeutics LLC., Seres Therapeutics, Enterome Bioscience, Second Genome, Vedanta Biosciences Inc., AbbVie Inc., Rebiotix, Inc., Ritter Pharmaceuticals, LNC Therapeutics Inc., and ViThera Pharmaceuticals Inc.

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The Microbiome Global Market Report 2023  provides a comprehensive overview on the microbiome market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the microbiome market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

A microbiome is a community of microbes that dwell in a certain environment and includes fungus, bacteria, and viruses. It is the genetic material of all bacteria, fungi, protozoa, and viruses that live on and within the human body. The bacteria in the microbiome also help with digestion, immune system management, defence against disease-causing bacteria, and the manufacture of vitamins such as vitamin K, which is needed for blood clotting, and the B vitamins B12, thiamine, and riboflavin.

View More Related Reports –
Microbiology Diagnostic Devices And Equipment Global Market Report 2023
Clinical Microbiology Global Market Report 2023
Biometrics Global Market Report 2023

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