Global Probiotics Dietary Supplements Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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The Probiotics Dietary Supplements Market report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2031.
The Probiotics Dietary Supplements Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global probiotics dietary supplements market report has been segmented on the basis of application, and region.
Probiotics Dietary Supplements Market Overview:
“The Probiotics Dietary Supplements Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Probiotics are defined as live microbial food ingredients that provide several benefits to human health. Probiotics dietary supplements are living microorganisms, that when consumed, benefit health by improving the balance of bacteria in the intestines.
The normal human digestive tract contains about 400 types of probiotic bacteria that reduce the growth of harmful bacteria and promotes a healthy digestive system.
Rising health awareness among individuals, coupled with various health benefits offered by probiotic dietary supplements are major factors driving the growth of the global probiotics dietary supplements market.
Increasing prevalence of diseases such as obesity, diabetes, and blood pressure, owing to hectic lifestyle and improper diet, use of these supplements to improve the immune system, and to treat various gastrointestinal diseases, breast cancer, dental caries are other factors expected to contribute growth in the global probiotics dietary supplements market over the forecast period.
Increasing adoption of probiotic dietary supplements for preparation of specialty nutrients, in infant formulae to avoid stomach-related diseases, better growth, and development of infants, and increasing use in the animal feed industry are other important factors expected to support the growth of this market.
However, high competition amongst players and various side effects caused due to high consumption of probiotic dietary supplements such as bloating, vomiting, diarrhea, and other gastrointestinal problems are major factors restraining the growth of the global probiotics dietary supplements market.
Easy availability of other supplements in the market is another factor expected to hamper the growth of this market over the forecast period.
The market in Europe is expected to dominate the global probiotics dietary supplements market and account for the highest share in terms of revenue, owing to the presence of various domestic and international market players and increasing health concerns among individuals in the countries in the region.
The market in North America is expected to account for the second-highest revenue share, owing to the increasing prevalence of chronic diseases in the countries in the region. The market in North America is followed by Asia Pacific, Latin America, and Middle East & Africa.
Global probiotics dietary supplements market segmentation:
Segmentation by application:
- Food supplement
- Nutritional supplements
- Specialty nutrients
- Infant formula
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Bayer AG
- Hansen A/S
- The Dow Chemical Company
- Lallemand Inc.
- Probi AB
- Attune Foods, LLC
- Bifodan A/S
- Biocare Copenhagen A/S
- Deerland Enzymes, Inc.
- Vertical Pharmaceuticals Inc.
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