Microbiomes Market to Grow by USD 1.13 Billion (2024-2028), Driven by Rising Disease Prevalence; AI Impact on Market Trends - Technavio

NEW YORK, Jan. 17, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The global microbiomes market size is estimated to grow by USD 1.13 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 22.67% during the forecast period. Increasing prevalence of diseases is driving market growth, with a trend towards significant number of collaborations for developing microbiome therapeutics. However, challenges related to manufacturing and formulation of microbiome therapeutic products poses a challenge. Key market players include AOBiome LLC, BiomX Inc., DuPont de Nemours Inc., Eligo Bioscience, ENTEROME SA, ExeGi Pharma, Ferring BV, MaaT Pharma, OraSure Technologies Inc., Osel Inc., Pendulum Therapeutics Inc., PureTech Health Plc, Qualigen Therapeutics Inc., Second Genome Therapeutics, Seres Therapeutics Inc., Synlogic Inc., Takeda Pharmaceutical Co. Ltd., Theriva Biologics Inc., Vedanta Biosciences Inc., and YSOPIA Bioscience.

Technavio has announced its latest market research report titled Global Microbiomes Market 2025-2029
Technavio has announced its latest market research report titled Global Microbiomes Market 2025-2029

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Microbiomes Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 - 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 22.67%

Market growth 2024-2028

USD 1132.78 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

21.77

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 43%

Key countries

US, Germany, France, UK, and Japan

Key companies profiled

AOBiome LLC, BiomX Inc., DuPont de Nemours Inc., Eligo Bioscience, ENTEROME SA, ExeGi Pharma, Ferring BV, MaaT Pharma, OraSure Technologies Inc., Osel Inc., Pendulum Therapeutics Inc., PureTech Health Plc, Qualigen Therapeutics Inc., Second Genome Therapeutics, Seres Therapeutics Inc., Synlogic Inc., Takeda Pharmaceutical Co. Ltd., Theriva Biologics Inc., Vedanta Biosciences Inc., and YSOPIA Bioscience

Market Driver

The Microbiomes Market is experiencing significant growth due to the increasing research and development in the field of microbiomes, which include bacteria, fungi, viruses, and protozoa. Trends such as bacteriophages and medicinal drugs derived from them are gaining popularity. Companies like Vedanta Biosciences and Finch Therapeutics are leading the way with novel drugs like CP101 for Clostridioides difficile illness and Seres Therapeutics' SER-287 for autistic spectrum disorder and chronic hepatitis B. Strategic collaborations and clinical trial research are enhancing portfolios with Phase I and II therapeutic agents. The diagnostic instruments market for infectious disease diagnostics is also booming, with technologies like NGS and external funding driving innovation. Antimicrobial resistance genes and microbiome-based diagnostics for infections and diseases like IBS-C, IBS-D, obesity, liver disorders, diabetes, and metabolic disorders are key areas of focus. Regulatory guidelines and the cost of products remain challenges, but advancements in technology and research are driving progress. OpenBiome, Blautix, and Microbiome drugs are also making an impact in medical care for various chronic diseases.