report-bg

Probiotics Dietary Supplements Market

Segmentation By Application (Infant Formula, Food Supplement, Specialty Nutrients, Nutritional Supplements); By End Use (Human and Animal Probiotics); By Strain Type (Lactobacillus, Bifidobacterium and Others); By Sales Channel (Hypermarket, Pharmacies, Direct Sellers, Specialty Stores, Retailers and Online) – Demand Analysis & Opportunity Outlook 2027

Buy Now
Report ID: 1419 | Published On: Feb 03, 2023
Request Free Sample Copy

Growth Drivers

Rising Prevalence of Lifestyle Diseases

The prevalence of diseases such as blood pressure, obesity, diabetes, gastrointestinal disease, breast cancer and dental caries among other disorders is increasing around the globe. According to WHO, around 1.6 million deaths were directly caused by diabetes in 2016. The rising awareness regarding maintaining a healthy lifestyle and the use of supplements to improve immune system is expected to support the growth of the market.

Increasing Investment in Research and Development

In developing countries such as India and China, rising concerns related to health disorders is enhancing the R&D activities across the probiotics industry, which in turn is expected to drive the growth of the market during the forecast period.

Restraints

Limited Knowledge about Safety and Security Measures

The limited knowledge and lack of awareness regarding safety and security measures that are required while consuming the dietary supplements are some of the restraining factors that might hinder the growth of the market over the forecast period.


Probiotics Dietary Supplement
Get more information on this report: Request Sample PDF

Market Size and Forecast
cscs

The market is observing vibrant growth on account of rising awareness about health consciousness and efficacy of probiotics dietary supplements in the health sector. Additionally, the increasing investment in research and development, prevention from the diseases and introduction of improved version of the existing products pertaining to these supplements are some of the significant factors that are expected to boost the growth of the market.

Probiotics Dietary Supplement

Get more information on this report: Download Sample PDF

The probiotics dietary supplement market is anticipated to record a CAGR of 7.7% over the forecast period i.e. 2019-2027. The market is segmented by application into infant formula, food supplement, specialty nutrients and nutritional supplements, out of which, the infant formula segment is expected to have the highest growth on the back of customized product offering to meet the needs of infants and the availability of product in different forms.   


Market Segmentation

Our-in depth analysis of the global probiotics dietary supplements market includes the following segments:

By Application

  • Infant Formula
  • Food Supplement
  • Specialty Nutrients
  • Nutritional Supplements

By End Use

  • Human Probiotics
  • Animal Probiotics

By Strain Type

  • Lactobacillus
  • Bifidobacterium
  • Others

By Sales Channel

  • Hypermarket
  • Pharmacies
  • Direct Sellers
  • Specialty Stores
  • Retailers
  • Online

By Region

On the basis of regional analysis, the global probiotics dietary supplements market is segmented into five major regions including North America, Europe, Asia Pacific, Central and South America and Middle East & Africa.

Europe is expected to have the largest market share on the back of rising awareness regarding probiotics, easy availability and the presence of major industry participants in this region. Further, Asia Pacific is expected to emerge as the fastest growing market on the back of rising population coupled with increasing disposable income and improving standard of living in the region.

The global probiotics dietary supplements market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC,  Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis.


Get more information on this report: Request Sample PDF

Top Featured Companies Dominating The Market

    • Chr. Hansen Holding A/S
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Contract NUTRA
    • Custom Probiotics Inc.
    • E. I. DuPont De Nemours and Company
    • Mercola Probiotics
    • Nebraska Cultures
    • Nestlé SA
    • Nutraceutix
    • NutraScience Labs
    • ProbioFerm
    • Probium LLC.
    • Protexin
    • UAS Labs
    • UP4 Probiotics
    • Vitakem Nutraceuticals Inc.

In The News


Global Economic Impact

Request Insights
Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

Let Us Hear About Your Requirements:

Submit Your Request For Proposal (RFP)

Request Research Report Sample