Bacteriophage Therapy: Market Demand & Future Scope
The global bacteriophage market, valued at USD 45.07 million in 2023, is projected to reach USD 68 million by 2033, growing at a CAGR of 4.2% over the forecast period. The increasing adoption of bacteriophages in dietary supplements and medical treatments is fueling market expansion. These specialized viruses target harmful bacteria, reducing the risk of foodborne infections and offering a promising alternative to traditional antibiotics.
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