The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Probiotic Supplements Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Probiotic Supplements Industry Analytical Overview (2022-2027): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, Probiotic Supplements market is projected to grow at a CAGR of around 4.64% during the forecast period, 2022-27. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2022 to 2027.
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What is Included in Probiotic Supplements Market Segmentation?
The report has segmented the market into the following categories:
By Form
- Solid Form
- Tablets
- By End User
- Kids (3.1 to 15 years)
- Adults (Above 15 years)
- Capsules
- By End User
- Kids (3.1 to 15 years)
- Adults (Above 15 years)
- Gummies
- By End User
- Kids (3.1 to 15 years)
- Adults (Above 15 years)
- Powder
- By End User
- Infants (Upto 3 Years)
- Kids (3.1 to 15 years)
- Adults (Above 15 years)
- Chewable
- By End User
- Kids (3.1 to 15 years)
- Adults (Above 15 years)
- Others
- By End User
- By End User
- By End User
- By End User
- By End User
- Tablets
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
Of them all, the Pharmacies along with Supermarkets & Hypermarkets dominated the sales of probiotic supplements in 2021. The growing prevalence of consumers towards the consumption and use of probiotic supplements to maintain immunity and promote healthy living has keenly supported the burgeoning demand for probiotic supplements from pharmacies during the historical years. Probiotic supplements contain bacteria such as Lactobacillus rhamnosus, which may cause severe stomach issues to the consumer who is allergic to lactose. Additionally, overdosing on probiotic supplements can promote methanogenic bacteria overgrowth, causing constipation & other digestive disorders.
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
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia Pacific
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Key Factor Driver Probiotic Supplements Industry Growth by 2027
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.
Who are the Key Players Operating in the Probiotic Supplements Industry?
The top companies of the Probiotic Supplements market ruling the industry are:
- Kerry Group
- DuPont de Nemours, Inc.
- BioGaia
- Probi AB
- Bayer Group
- Novartis
- Vitakem Nutraceuticals Inc.
- ProbioFerm
- Probium
- Dr. Joseph Mercola
- Chr. Hansen Holding A/S
- Yakult Honsha
- Archer Daniel Midland Company
- I-Health, Inc.
- The Procter & Gamble Company
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FAQs (Frequently Ask Questions)
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