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OverviewAPI
The Australian probiotics market is set to expand significantly from 2023 to 2028, with a projected CAGR of 3.94%, reaching US$429.730 million. The growth is fueled by increased awareness of probiotics' health benefits, higher household consumption expenditure, and the aging population's interest in probiotics. Notably, the animal segment in the market is also anticipated to grow due to an emphasis on animal nutrition and health.

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