The global human microbiome market size is expected to reach USD 1,276.3 million by 2030, according to a new study by Polaris Market Research. The report “Human Microbiome Market Share, Size, Trends, Industry Analysis Report, By Product (Probiotics, Prebiotics, Medical Foods, Supplements, and Others); By Application; By Disease, By Type; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
With so many small high-tech firms functioning in the industry, there are numerous high-growth prospects for important stakeholders to purchase out corporations in order to investigate microbiomes with the goal of uncovering novel medications and therapeutic targets for various indications such as obesity, diabetes, liver problems, and metabolic diseases. Many industry leaders are working on strategic alliances and partnerships to expand their product pipelines through well-organized R&D approaches.
Several alliances and partnerships involving large corporations have occurred in the recent two years. The FDA has not authorized any probiotics as a live biotechnology-derived product. However, there are U.S. food and drug administration foods, including nutritional supplements, incorporating microorganisms that are legitimately accessible. Still, these items cannot be legally advertised to reduce or avoid illness.
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The federal government's increased investment is expected to support market expansion. Furthermore, the high return on investment ensured by research efforts would benefit the industry. Contrarily, high costs associated with R&D capabilities, limited infrastructure, and insufficient research on the human microbiome are projected to stymie market expansion. In addition, a lack of favorable economic scenarios and technological penetration in emerging economies, obstacles to proving the causal connection between dysbiosis and illnesses, and a lack of suitable infrastructure in low & middle-income countries are expected to pose challenges to the market for the foreseeable future.
Human Microbiome Market Report Highlights
Polaris Market Research has segmented the human microbiome market report based on type, application, disease, product, and region:
Human Microbiome, Product Outlook (Revenue - USD Million, 2018 - 2030)
Human Microbiome, Disease Outlook (Revenue - USD Million, 2018 - 2030)
Human Microbiome, Application Outlook (Revenue - USD Million, 2018 - 2030)
Human Microbiome, Type Outlook (Revenue - USD Million, 2018 - 2030)
Human Microbiome, Regional Outlook (Revenue - USD Million, 2018 - 2030)