Probiotic Supplements Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Activhealth Pte Ltd, NutriFlair, Pure Healthland, Nature's Bounty, Healthy Choice Naturals, Number One Nutrition

Registering a CAGR of 7.5% over the forecast period, the market value of Probiotic Supplements is expected to reach US$ 3.90 billion in the year 2027.

Probiotic Supplements Market Overview

The most popular dry forms of probiotics include capsules, powder, chewables, and tablets. The growing popularity of gummies and chewable probiotic supplements is expected to boost the worldwide dry probiotics market. Dry probiotic supplements accounted for 82.80% of the market in 2019. Due to the launch of dry probiotic supplements for chronic illnesses, the category is expected to grow at a CAGR of 7.5% from 2020 to 2027.

Globally, there has been a significant rise in the percentage of consumers preferring probiotic products, especially supplements, to maintain their well-being, in order to keep their healthcare costs down. The demand for probiotics is escalating owing to the increased awareness of consumers and healthcare providers about the numerous health benefits of probiotics that stretch beyond digestive health and the various delivery forms that are more convenient for consumers. Manufacturers are experimenting with the formulation and production of probiotics incorporating multiple strains, especially in supplements, to offer consumers high-quality products with the added benefit of immunity. 

The report aspects discussed the profile of the top manufacturers of the global Probiotic Supplements market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Probiotic Supplements Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Who are the Major Players in Probiotic Supplements Market?

The global Probiotic Supplements includes identification and analysis of the various market participants competing in the global market. Prominent competitors include Arla Foods, Inc., BioGaia AB, Chr. Hansen Holding A/S, Danone, Danisco A/S, General Mills Inc., i-Health Inc., Lallemand Inc., Lifeway Foods, Inc., Mother Dairy Fruit & Vegetable Pvt. Ltd., Kerry, Nestle S.A., Probi, Yakult Honsha Co., Ltd.

Industry News and Updates:

Stevia Nutra Acquires Licensing Rights with Swedish Herbal Institute World Leader in Natural Immune Support Products

July 22, 2020 - Stevia Nutra Corp. (OTC Pink: STNT) ("STNT") ("The Company") announces the acquisition of exclusive distribution rights for the Western Hemisphere of all current and future products of Swedish Herbal Institute a recognized international leader in nutraceuticals. This 35-year-old institute that has brought to market KanJang, the leading cold preventative and treatment in Scandinavian as well as a family of adaptogens, has its certified and approved research and production facilities near Gothenburg, in southern Sweden.

What are the major Applications, Types and Regions for Probiotic Supplements Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Lactobacillus


• Bifidobacterium


• Saccharomyces boulardii


• Others

By Application, it is segmented into

• Inflammatory Bowel Disease (IBD)


• Infectious Diarrhea (Caused by Viruses, Bacteria, Or Parasites)


• Antibiotic-Related Diarrhea


• Others

Probiotic Supplements Market Regional Analysis

During the period 2020-2027, the North American probiotic supplements market is expected to grow at a CAGR of 10.90%, resulting in worldwide revenue of USD 1580.1 million in 2027. The market will rise as people become more aware of the benefits of probiotic supplements and have a preference for preventive care. Between 2020 and 2027, the Asia-Pacific probiotic supplements market is predicted to grow at the fastest rate of 11.87%. Europe dominated the global market for probiotic dietary supplements, with around one-third of the market share. Strong consumer awareness regarding probiotics usage, easy availability, and the presence of major industry manufacturers and their focus toward product innovation is expected to play a key role in the rapid growth of the market. Asia-Pacific is emerging as the fastest-growing probiotic supplement market due to its high population growth, rapid urbanization, and the awareness about the nutritional benefits of dietary supplements are contributing to the growth of this market.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Probiotic Supplements Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Probiotic Supplements Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Probiotic Supplements Market report scope?

Scope of the Report covers Probiotic Supplements Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Probiotic Supplements Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.

Key Takeaways from this Probiotic Supplements Report

• Evaluate Probiotic Supplements market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Probiotic Supplements market entropy - M&A's, deals, partnerships, product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.

Frequently Asked Question-

Which region is likely to version for the largest share in the probiotics market?

Asia Pacific reported for the largest share of the probiotics market , owing to the rapid growth of useful foods like nutritional extras which lifts the claim for and probiotics.

What is the current size of the global probiotics market?

The global probiotics market is estimated to be valued at USD 61.1 billion in 2021 and is projected to reach USD 91.1 billion by 2026, at a CAGR of 7.5% during the forecast period.

What are the competitive strategies adopted by key players in the market?

• Rise in R&D cheap


• New product launches


• Progressive positive and marketing plans

What is the COVID-19 impact on the probiotics market?

COVID-19 has formed high awareness among customers about healthy food ingesting. The clients are panic ordering useful food products like probiotics which can shape resistance in them

Which are the key players in the market?

Arla Foods, Inc., BioGaia AB, Chr. Hansen Holding A/S, Danone, Danisco A/S, General Mills Inc., i-Health Inc..