Personalized and Precision Probiotics Market Report- Expansive Coverage on the Profit Sources

InsightAce Analytic Pvt. Ltd. announces the release of the market assessment report on "Global Personalized and Precision Probiotics Market Size, Share & Trends Analysis Report By Application (Gut health, Mental performance, and Others), By End-user (Adults, Children & Teenagers)- Market Outlook And Industry Analysis 2031".

Personalized and Precision Probiotics Market Size is predicted to witness a 5.74% CAGR during the forecast period for 2023-2031.

Personalized probiotics are probiotics that are specifically tailored to the individual's gut microbiome. This is done by analyzing the person's stool sample to identify the specific bacteria that are missing or out of balance. The probiotics are then formulated to include strains that are most likely beneficial for that individual.

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Precision probiotics are also tailored to the individual, but they take into account a wider range of factors, such as the individual's medical history, lifestyle, and diet. Such probiotics can be more effective and specific than personalized probiotics.

There are several benefits of personalized probiotics. They are more effective than traditional probiotics, are less likely to cause side effects as they are formulated according to the individual's unique needs, and can help prevent the development of antibiotic resistance as they target the specific bacteria that are causing the problem.
Many companies offer personalized probiotic products, and the field is rapidly expanding. The surging demand for personalized probiotics is driving probiotics industry players towards strategic collaborations and partnerships for implementing numerous strategies to meet the growing needs of consumers.

Some of the prominent players in the Personalized and Precision Probiotics Market are:
• Amway Korea
• Sun Genomics
• Viome Life Sciences, Inc.
• GUTolution
• Genefitletics
• Other Prominent Players

Personalized and Precision Probiotics Market Report Scope
Report Attribute Specifications
Market Size Value In 2022 USD XX Million
Revenue Forecast In 2031 USD XX Million
Growth Rate CAGR CAGR of XX % from 2023 to 2031
Quantitative Units Representation of revenue in US$ Million and CAGR from 2023 to 2031
Historic Year 2019 to 2022
Forecast Year 2023-2031

Report Coverage The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
Segments Covered By Application, End-user
Regional Scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country Scope U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia

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Competitive Landscape Amway Korea, Sun Genomics, Viome Life Sciences, Inc., GUTolution, Genefitletics, and Others.

Customization Scope Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.
Pricing and Available Payment Methods Explore pricing alternatives that are customized to your particular study requirements.

Market Dynamics:

Drivers:
The rising awareness about the benefits of precision probiotics and the increasing number of digestive disorders are the major factors driving the revenue growth of the personalized and precision probiotics market. Furthermore, growing research initiatives and investments in innovating efficient probiotic products, technological advancements in probiotic research, high prevalence of chronic diseases, rising health consciousness among consumers, and the increasing preference for natural health supplements are anticipated to compel the market's growth in the coming years. Growing research and development activities in innovating efficient probiotic products:

The rising R&D investments and strategic activities such as mergers & acquisitions, collaborations and partnerships by market players for developing innovative health products are expected to positively impact the growth of the personalized and precision probiotics market during the projected period. For instance, in January 2023, Sun Genomics' personalized probiotics brand Floré partnered with DSM to offer the world's only fully customized precision probiotics.

Challenges:
Factors such as the requirement of high investments for the research & development of new bacterial strains, monitoring stability in the field, and the risk of contamination of probiotic living organisms are expected to hamper the market growth. In addition, extensive individuality of the gut microbiome remains a big challenge in reprogramming the gut ecosystem.

Regional Trends:
North America led the personalized and precision probiotics market in 2022 and is anticipated to follow the same trend during the forecast period. This dominance can be due to the increasing awareness regarding the benefits of personalized probiotics in maintaining overall wellness, the growing digestive diseases and gastrointestinal disorders, and the surging research and development (R&D) activities to develop customized probiotic formulations.
Furthermore, the Asia Pacific market will likely grow rapidly over the projected period. The Growing shift towards natural health supplements, increasing preference for functional foods and dietary supplements, and the ongoing research investments in healthcare solutions are expected to offer numerous opportunities for regional market expansion.

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Key developments in the market:
• In June 2022, Amway Korea launched the precision probiotics service and six new probiotics products using the technologies of local Korean firm Human Effective Microbes (HEM) Pharma.
• In November 2021, Fonterra partnered with Sun Genomics to better explore and understand the health benefits of HN001 & HN019 probiotics.
• In July 2020, Amway and HEM collaborated to develop personalized probiotics to support wellness through gut-health-related benefits, such as immunity, weight management, skin health, and more. This leads to the rising trend of leveraging personalized probiotics to improve health.

Market Segments
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on Application
• Gut health
• Mental performance
o Brain fog
o Sleep issues
o Mood issues
o Attention deficit hyperactivity disorder (ADHD)
o Autism Spectrum Disorder
• Others
o Sleep issues
o Eczema
o Joint pain
o Oral health
o Vaginal health
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on End-user
• Adults
• Children & Teenagers
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Personalized and Precision Probiotics Market Revenue (US$ Million) by Country, 2023 to 2031
• U.S.
• Canada
Europe Personalized and Precision Probiotics Market Revenue (US$ Million) by Country, 2023 to 2031
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Personalized and Precision Probiotics Market Revenue (US$ Million) by Country, 2023 to 2031
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Personalized and Precision Probiotics Market Revenue (US$ Million) by Country, 2023 to 2031
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Personalized and Precision Probiotics Market Revenue (US$ Million) by Country, 2023 to 2031
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Personalized and Precision Probiotics Market
 To receive an industry overview and future trends in the global Personalized and Precision Probiotics Market
 To analyze the Personalized and Precision Probiotics Market drivers and challenges
 To get information on the Personalized and Precision Probiotics Market size value (US$ Mn) forecast till 2031
 Major Investments, Mergers & Acquisitions in the global Personalized and Precision Probiotics Market industry

For More Information: https://www.insightaceanalytic.com/report/personalized-and-precision-probiotics-market/2065

Other Related Reports Published by InsightAce Analytic:
https://www.insightaceanalytic.com/report/global-gluten-free-probiotics-market-/1401
https://www.insightaceanalytic.com/report/global-microbiome-cosmetics-market/1333
https://www.insightaceanalytic.com/report/global-digestive-health-supplements-market/1273

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