The Global Probiotic Supplements Market size is projected to grow at a CAGR of around 4.64% during the forecast period, 2022-27. According to MarkNtel Advisors Study.
Global Probiotic Supplements Market Driver:
Rising Awareness About Probiotic Supplements Among Consumers: The growing awareness among consumers about the benefits of probiotics such as improved gut health & immune system, etc., are some of the key factors driving the growth of the Global Probiotic Supplement market. Probiotic supplements are increasingly being consumed as a preventive measure for avoiding health-related issues. For a long time, the focus of the consumers for health benefits & boosting immunity has been vitamins- & minerals-based supplements, which have seen a shift in past years, i.e., 2017-2020. Moreover, one of the major reasons for the increase in the demand for probiotic supplements was the global pandemic in 2020. During the pandemic, the demand for probiotics promulgated drastically, as consumers became increasingly aware of the food habits & supplements that help boost immunity.
Furthermore, the awareness has also risen among the fitness community, which has long been dependent on health supplements to improve physical attributes & endurance. Therefore, sportspersons have been shifting towards probiotic supplements as they have been seen as a means to enhance immunity. Nevertheless, with the growing population as well as the increase in the demand for probiotics supplements, the manufacturing companies are expanding their operations through the acquisition.
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Key Market Reports Highlights
· Market Dimensions & Projections
· Pricing Evaluation
· Recent Strategic Moves by Companies
· Primary Stakeholders
· Import/Export Trend Analysis
· Competitive Landscape Assessment
· Emerging Opportunities
· Market Trends and Indicators
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Global Probiotic Supplements Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2021
-Historical Period: 2017 to 2020
-Forecast Period: 2022 to 2027
- By Form
- Solid Form
- Tablets
- By End User
- Kids (3.1 to 15 years)
- Adults (Above 15 years)
- By End User
- Capsules
- By End User
- Kids (3.1 to 15 years)
- Adults (Above 15 years)
- By End User
- Gummies
- By End User
- Kids (3.1 to 15 years)
- Adults (Above 15 years)
- By End User
- Powder
- By End User
- Infants (Upto 3 Years)
- Kids (3.1 to 15 years)
- Adults (Above 15 years)
- By End User
- Chewable
- By End User
- Kids (3.1 to 15 years)
- Adults (Above 15 years)
- By End User
- Others
- Tablets
- Solid Form
- By End User
- Infant
- Kids
- Adults
- 16-35 Years
- 36-50 Years
- 51-65 Years
- Above 66 Years
- By Distribution Channel
- Pharmacies
- Health & Beauty Speciality Stores
- Supermarkets & Hypermarkets
- Convenience Stores
- Online Stores
- Via E-commerce Players
- Supplier Selling Via Own Website
- By Diseases
- Digestive Health
- Lactose Intolerance
- Constipation
- Others (Ulcerative Colitis, Colic, etc.)
- Irritable Bowel Syndrome (IBS)
- Oral Disease
- Immunity-based Disease
- Others
- Cardiovascular Diseases
- Respiratory Infections
- Obesity
- Memory/Mood/Relaxing
- Digestive Health
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Kerry Group, DuPont de Nemours, Inc. , BioGaia, Probi AB, Bayer Group, Novartis, Vitakem Nutraceuticals Inc., ProbioFerm, Probium, DSM, Dr. Joseph Mercola, Chr. Hansen Holding A/S, Yakult Honsha, Archer Daniel Midland Company, I-Health, Inc., The Procter & Gamble Company are looking forward to strengthening their market positions.
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