Edition 17: Future of Probiotics in Latin America and the Caribbean - Focus Brazil (Part 1/2)

Welcome to the 17th edition of the Panama Interview Series where we discuss topics regarding foreign direct investment in Latin America and the Caribbean. In this edition we discuss the future of probiotics in Latin America with a focus on the Brazil Market.- The growth of the digestive health category has been a nutrition industry success story.- Ingredients with digestive health benefits now command very high levels of consumer awareness, and this is particularly true of probiotics.- The global probiotics market is projected to grow to $69 billion at a CAGR of 7.0% through 2023.- Functional foods and beverages are by far the biggest segment for probiotics, currently standing at $40 billion and representing more than 82% of the total market.- The LATAM region offers the most significant potential for growth of the functional foods industry over the coming years, lead mainly by the Brazilian Market. The market in Brazil is expected to witness above-average growth of approximately 8% over the forecasted period.

We are honored to have as our guests two business leaders in the Brazilian Health and Wellness Industry who have significant experience with the manufacture and sale of probiotic ingredients and consumer packaged goods:- Fernando Araujo, Gerente de Produtos Probióticos/Simbióticos na CINERGIS AGRONEGÓCIOS, and- Ronaldo Csizer, CEO of Performance Science Nutrition SA.

We look forward to their insights regarding the future of Probiotics in Latin America and the Caribbean and, specifically, the role that probiotics will play in the post-COVID economic recovery of Latin America and the Caribbean.