The latest report by IMARC Group, titled “Probiotic Dietary Supplement Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global probiotic dietary supplement market size reached US$ 6.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.1% during 2023-2028.
Probiotic dietary supplements contain live microorganisms, typically bacteria or yeast, which are believed to offer various health benefits when consumed in adequate amounts. These microorganisms are like the beneficial bacteria naturally present in our digestive system. Probiotics are commonly found in capsules, tablets, powders, and certain foods such as yogurt and fermented products. It encourages a healthy balance of gut bacteria and often alleviates digestive issues such as irritable bowel syndrome (IBS), diarrhea, and constipation. Additionally, probiotic dietary supplements strengthen the immune system, support oral health, and potentially offer relief from allergies and skin conditions among individuals across the globe.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/probiotic-dietary-supplement-market/requestsample
Probiotic Dietary Supplement Market Trends and Drivers:
The probiotic dietary supplement market is primarily driven by the increasing awareness of gut health. In addition, probiotics promote a healthy gut microbiome, essential in digestion, immunity, and overall health, thus augmenting the market growth. Presently, the escalating demand for probiotic supplements is driven by individuals becoming aware of the connection between gut health and well-being, thus influencing market growth. Moreover, healthcare professionals recommend probiotics to their patients, especially after antibiotic treatments or for managing specific conditions, which lends credibility to probiotic supplements and drives consumer trust, thus representing another major growth-inducing factor. Besides this, the rising health consciousness among consumers is seeking ways to support their health, prevent illness, and improve their quality of life by incorporating probiotic supplements in their diet, thus accelerating the sales demand. Furthermore, extensive scientific research supports the benefits of probiotics, which include improved digestive health, enhanced immunity, and potential mental health benefits, thus propelling the market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Form:
- Powder Stick Pack
- Capsule
- Tablet
- Probiotic Drops
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Pharmacy and Health Stores
- Online Stores
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Pharmacy and Health Stores
- Online Stores
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- BioGaia
- Chr. Hansen Holding A/S
- Custom Probiotics Inc.
- Dietary Pro Labs
- Koninklijke DSM N.V.
- NutraScience Labs (Twinlab Consolidated Holdings Inc.)
- Probi USA Inc. (Symrise AG)
- ProbioFerm
- Protexin (Archer-Daniels-Midland Company)
- Reckitt Benckiser Group plc
- Vitakem Nutraceuticals Inc
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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