#Probiotic Gummies Market Size
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Probiotic Gummies Market Size To Reach USD 1.97 Billion By 2030
Probiotic Gummies Market Growth & Trends
The global probiotic gummies market is expected to reach USD 1.97 billion by 2030, exhibiting a CAGR of 14.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The global probiotic gummies market is driven by increasing consumer awareness about gut health and the benefits of probiotics, a growing prevalence of digestive disorders, and a rising preference for convenient and tasty supplement forms.
Increased interest in overall wellness and the role of gut health in immunity, mental health, and metabolic functions are spurring demand. For instance, the COVID-19 pandemic underscored the importance of immune health, leading consumers to seek out products like probiotic gummies that support the immune system. Brands like Olly and SmartyPants capitalize on this trend by offering easy-to-consume and appealingly flavored probiotics. Additionally, the clean label movement, emphasizing non-GMO, organic, and vegan options, further drives market growth, with products like Garden of Life's Dr. Formulated Probiotics Gummies gaining popularity for their natural ingredients.
Significant opportunities in the probiotic gummies market arise from the increasing acceptance of functional foods and dietary supplements, particularly in emerging markets across Asia Pacific and Latin America. Rapid urbanization and a growing middle class with higher disposable incomes in these regions present a substantial customer base eager for health and wellness products.
The competitive landscape of the probiotic gummies market features a diverse mix of established dietary supplement brands, pharmaceutical companies, and innovative startups. Major players like Olly, SmartyPants, and Nature's Way lead the market with extensive distribution networks and strong brand loyalty. These companies leverage their expertise to offer a wide range of probiotic gummies targeting various demographics and health concerns.
Manufacturers are expanding their probiotic gummy offerings by including a wider variety of probiotic strains beyond the traditional Lactobacillus and Bifidobacterium. This diversification allows for targeting specific health needs more effectively. For instance, gummies now contain strains like Saccharomyces boulardii, known for its benefits in managing diarrhea and gut infections.
In addition, these ingredients help improve sleep quality, reduce oxidative stress, and boost the production of melatonin, which is crucial for regulating sleep. The multiple benefits offered by these gummies have compelled manufacturers to launch these supplements.
Nowadays, nutritional supplement providers are increasingly forming partnerships to develop integrated versions of supplements that combine the benefits of probiotics. These collaborations address diverse human needs and enhance the overall effectiveness of these nutritional supplements. In October 2023, UK-based Clasado Biosciences and U.S.-based ingredient distributor Stratum Nutrition partnered to launch a probiotic-postbiotic gummy supplement in the SupplySide West trade show in Las Vegas, U.S. The gummy includes LBiome, a Lactobacillus LB postbiotic ingredient from Stratum and Clasado’s Bimuno galactooligosaccharide (GOS) prebiotic ingredient.
Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/probiotic-gummies-market-report
Probiotic Gummies Market Report Highlights
In 2023, digestive support probiotic gummies captured 65.5% of the global market revenue, driven by increasing consumer awareness of the link between gut health and overall wellness.
The probiotic gummies segment for kids is expected to grow at a CAGR of 16.5% from 2024 to 2030, fueled by the appeal of their sweet taste and the variety of flavors, shapes, and colors available.
Sales of probiotic gummies through online channels are anticipated to grow at a CAGR of 17.4% from 2024 to 2030, due to the wide selection of brands available on e-commerce platforms.
The probiotic gummies market in the Asia Pacific region is forecasted to grow at a CAGR of 16.3% from 2024 to 2030, driven by increasing awareness of probiotics' health benefits, particularly in countries like China, Japan, and India.
Regional Insights
The probiotic gummies market of North America accounted for a share of 36.6% of the global revenue in 2023. The market's growth is fueled by the escalating understanding of dietary supplements and the consequent surge in spending on health and wellness products. The appeal of probiotic gummies is on the rise because of their convenience and enjoyable flavor, particularly favored by adults who encounter challenges with swallowing pills or dislike the taste of conventional supplements. Furthermore, producers are progressively customizing gummy supplements to cater to distinct demographic groups or tackle specific health issues.
U.S. Probiotic Gummies Market Trends
The U.S. probiotic gummies market is projected to register a significant CAGR from 2024 to 2030. With a heightened focus on overall wellness, consumers are increasingly seeking products that support digestive health, immunity, and nutrient absorption. The convenience of gummies, which are easier to consume than pills or capsules, appeals to both adults and Pregnant Women. For example, brands like Olly and SmartyPants have capitalized on this trend by offering a variety of probiotic gummies that are marketed for their health benefits and enjoyable flavors.
Probiotic Gummies Market Segmentation
Grand View Research has segmented the probiotic gummies market based on application, end use, distribution channel, and region.
Probiotic Gummies Application Outlook (Revenue, USD Million, 2018 - 2030)
Digestive Support
Immune Support
Probiotic Gummies End Use Outlook (Revenue, USD Million, 2018 - 2030)
Adults
Men
Women
Pregnant Women
Geriatric
Kids
Probiotic Gummies Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
Offline
Hypermarkets/Supermarkets
Pharmacies
Specialty Stores
Practitioner
Others
Online
Probiotic Gummies Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa
List of Key Players in the Probiotic Gummies Market
Culturelle
Florastor
Nature's Bounty
SmartyPants Vitamins
Church & Dwight Co., Inc. (Vita Fusion)
Garden of Life
NatureWise
Now Foods
The Procter & Gamble Company (Align)
Nature Made (Pharmavite)
Browse Full Report: https://www.grandviewresearch.com/industry-analysis/probiotic-gummies-market-report
#Probiotic Gummies Market#Probiotic Gummies Market Size#Probiotic Gummies Market Share#Probiotic Gummies Market Trends
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The Older Adults Health Supplements Market is projected to grow from USD 182650 million in 2024 to an estimated USD 278191.95 million by 2032, with a compound annual growth rate (CAGR) of 5.4% from 2024 to 2032. The Older Adults Health Supplements Market is experiencing robust growth, driven by the rising global aging population and increasing awareness about preventive healthcare. As older adults seek to maintain their quality of life and address age-related health concerns, the demand for dietary and health supplements tailored to their needs has surged. These products, which range from vitamins and minerals to specialized supplements targeting bone health, cognitive function, and immunity, play a pivotal role in enhancing overall well-being.
Browse the full report at https://www.credenceresearch.com/report/older-adults-health-supplements-market
Market Drivers
One of the primary drivers of this market is the growing aging population. According to the United Nations, the global population aged 60 and above is projected to double by 2050, reaching over 2.1 billion. This demographic shift has heightened the demand for supplements designed to address age-related conditions such as osteoporosis, arthritis, and cognitive decline. Additionally, increasing consumer awareness about the benefits of preventive healthcare has led to a shift from reactive treatments to proactive health management. Supplements formulated to support heart health, bone density, and immune function have gained popularity among older adults seeking to reduce the risk of chronic diseases.
Technological advancements and innovations in supplement formulations are also contributing to market growth. The development of bioavailable nutrients, personalized nutrition, and natural ingredients has enhanced the appeal of health supplements. For instance, plant-based supplements and those incorporating probiotics are gaining traction as they align with consumer preferences for natural and holistic health solutions.
Market Challenges
Despite the promising growth trajectory, the market faces challenges such as regulatory hurdles and skepticism about the efficacy of supplements. Stringent regulatory frameworks in regions like Europe and North America require manufacturers to provide substantial evidence of safety and efficacy, which can increase costs and lengthen time-to-market. Additionally, misinformation about supplements and concerns regarding potential side effects may deter some older adults from using these products.
Future Outlook
The future of the Older Adults Health Supplements Market appears promising, with continued innovation and growing consumer demand. Personalized nutrition, leveraging genetic and lifestyle data to create tailored supplement regimens, is expected to be a major trend. Moreover, the integration of advanced delivery systems, such as gummies, powders, and liquid formulations, is making supplements more accessible and appealing to older adults.
With increasing awareness about the importance of healthy aging and the ongoing efforts of manufacturers to address the unique needs of older adults, the market is poised for sustained growth. Companies investing in research, product innovation, and strategic partnerships are well-positioned to capitalize on the expanding opportunities in this dynamic market.
Key Player Analysis:
Bayer AG
Biocare Copenhagen A/S
Bright Food (Group) Co., Ltd
Epax Norway AS
Healthy Life Pharma Private Limited
Lexicare Pharma Private Limited
Nestle (Nutren)
Nutra Healthcare
Otsuka Pharmaceutical Co.,Ltd.
Pharma Nord Inc.
Saipro Biotech Private Limited.
SNU Biocare
V.R.Industries Pvt. Ltd
Validus Pharmaceuticals
Segmentation:
By Nature
Organic
Conventional
By Flavour
Orange
Lemon
Cherry
Raspberry
Chocolate
By Form
Tablets
Capsules
Powders
Liquid
Chewables
By Distribution Channel
Retail Pharmacies
Supermarkets/Hypermarkets
Online Stores
Specialty Stores
Direct Sales
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
Browse the full report at https://www.credenceresearch.com/report/older-adults-health-supplements-market
Contact:
Credence Research
Please contact us at +91 6232 49 3207
Email: [email protected]
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Nutraceutical Products Market Worth $404.8 Billion by 2025: Opportunities Unveiled
The Nutraceutical products market has been growing significantly due to the increasing consumer awareness about health and wellness, along with a rising demand for preventive healthcare. Nutraceuticals are food or part of food that offers medical or health benefits, including the prevention and treatment of disease. The global market encompasses a variety of products, including dietary supplements, functional foods, and functional beverages. The global nutraceutical products market size is projected to grow from USD 267.4 billion in 2019 to USD 404.8 billion by 2025, recording a CAGR of 7.2% during the forecast period.
Nutraceutical Products Market Trends
Personalized Nutrition: Nutraceuticals tailored to an individual’s genetic makeup and health profile.
Plant–Based Nutraceuticals: Increasing demand for vegan and plant-based products due to sustainability concerns and lifestyle changes.
Probiotics and Prebiotics: A surge in digestive health awareness is driving the demand for probiotic and prebiotic products.
Functional Gummies: A growing trend towards nutraceutical products in gummy form, especially for vitamins and minerals.
Regulatory Support: Governments in various regions are pushing for clearer regulations and quality standards, boosting consumer confidence.
Know about the assumptions considered for the study
The nutraceutical products industry is poised for continued growth, with increasing investment in R&D, a focus on clean-label ingredients, and the rise of digital health platforms for distribution and personalized recommendations.
Key Nutraceutical Products Market Growth Drivers:
Growing Health Consciousness: Consumers are becoming more proactive about their health, driving the demand for products that offer health benefits beyond basic nutrition.
Aging Population: As the global population ages, the demand for nutraceuticals to manage age-related health conditions is rising.
Preventive Healthcare: There’s a growing focus on preventive healthcare, as consumers are increasingly interested in managing their health to avoid costly medical treatments.
R&D Innovations: Continuous research and innovation in the field of nutraceuticals, such as bioactive ingredients and personalized nutrition, are expanding the market potential.
Rising Disposable Income: Increased disposable income, especially in developing countries, is boosting the consumption of nutraceutical products.
Asia Pacific’s Rising Dominance: Leading the Charge in Nutraceutical Products Growth
The Asia Pacific nutraceutical products market is projected to record the fastest growth in the market. Factors such as busy lifestyles have led to an increase in the consumption of convenience food products. In addition, the rapid economic growth in countries of various regions has led to a surge in demand for fortified nutritional food & beverage products in the region. The food & beverage market in this region is currently undergoing a transformation due to rapid urbanization, diet diversification, and liberalization of foreign direct investment in the food sector. In addition, rising income, increasing purchasing power, and a surge in consumer demand for nutritional & healthy products are factors projected to widen the growth prospects for manufacturers in the nutraceutical products market in the region.
The Food Segment Takes the Lead: Dominating Nutraceutical Products Market Share in the Coming Years
In 2019, the food segment led the nutraceutical products market, largely driven by the rising trend of on-the-go snacking and increasing demand for nutritious food products. This surge is expected to boost the demand for snack items enriched with functional ingredients. Nutraceutical snacks primarily consist of protein-rich options such as dry nuts, grains, and bars, along with products like granola and other nutritional bars. Additionally, the growing preference for protein-rich foods is anticipated to further propel market growth. Enhancements in the quality, texture, nutritional value, and shelf life of snacks, due to the increasing use of ingredients like vitamins, minerals, proteins, dietary fibers, and fatty acids, are expected to fuel the expansion of the snacks segment in the nutraceutical products industry during the forecast period.
What Strategy Have Major Nutraceutical Products Players Adopted To Expand Their Product Portfolios And Geographical Presence?
Kraft Heinz (US), formerly known as H.J. Heinz Holding Corporation, is one of the world’s largest producers of food and beverage products. The company offers a wide range of products, including sauces, breakfast meals, cheese, energy drinks, dairy, beverages, infant food, and other nutrition products under well-known brands like Capri Sun, Wattie’s, Kool-Aid, Planters, Lunchables, Ore-Ida, and Golden Circle. As part of its strategy to expand its customer base, Kraft Heinz has been focusing on growing its breakfast meal offerings. For example, in 2019, it introduced Lunchables Brunchables, featuring ready-to-eat bacon strips and breakfast flatbreads.
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The Hain Celestial Group (US) specializes in manufacturing and distributing organic and natural products across its food, beverage, and personal care segments. The company’s product offerings include infant food, baked goods, frozen foods, soups, snacks, beverages, and gluten-free options. Its revenue streams come from categories such as grocery, snacks, personal care, and tea. Hain Celestial has focused on enhancing its market performance by launching new products and acquiring smaller companies. For instance, its UK-based subsidiary, Hain Daniels, acquired Clarks UK Ltd. in 2017 to strengthen its natural syrup portfolio. To further boost profitability, the company has established seven key platforms: Fresh Living, Better-for-You Baby, Better-for-You Pantry, Tea, Cultivate Ventures, Better-for-You Snacking, and Pure Personal Care. Additionally, Hain Celestial is working to expand its range of natural food and beverage products that offer various health benefits.
Top Questions Answered by the Latest Nutraceutical Products Market Report
What is the outlook for the nutraceutical market?
What are the trending products for nutraceuticals?
What is the US market for nutraceuticals?
Who is the target market for nutraceuticals?
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Functional Confectionery Market: Growth, Trends, and Forecast 2024-2030
The global Functional Confectionery Market is evolving rapidly, driven by growing consumer interest in health and wellness. Functional confectionery refers to candies and sweets that go beyond traditional sugary treats, offering health benefits through the inclusion of vitamins, minerals, and other beneficial ingredients. In 2023, the market size for functional confectionery was valued at $186.78 billion, and it’s projected to reach $202.46 billion by 2024 and a remarkable $328.50 billion by 2030. This growth represents a compound annual growth rate (CAGR) of 8.40% from 2024 to 2030.
Key players such as Hershey, Kellogg Company, Sula, Wm. Wrigley Jr, Unilever, Mars, and Nestle are capitalizing on this trend by introducing a wide variety of functional confectionery products. With an increasing number of consumers actively seeking healthy options, the functional confectionery market is set for significant expansion across regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Key Market Drivers
1. Health and Wellness Trends
As consumers become more health-conscious, they are looking for ways to enjoy indulgent treats without compromising their wellness goals. Functional confectionery, which combines the enjoyment of sweets with nutritional benefits, is meeting this demand. Products in this category may contain added vitamins, probiotics, fiber, antioxidants, and even CBD, making them attractive options for consumers focused on self-care.
2. Rising Demand for Convenience and On-the-Go Nutrition
The demand for convenient, on-the-go nutrition is on the rise, especially among younger consumers who have busy lifestyles. Functional confectionery is emerging as a popular choice for people seeking quick and tasty sources of vitamins or protein without the hassle of traditional supplements or meals. These products are often available in easy-to-carry packaging, making them ideal for today’s fast-paced lifestyles.
3. Increased Interest from Children and Older Adults
Functional confectionery appeals not only to health-conscious youth but also to parents looking for healthier treats for children and to older adults interested in products that support bone health, immunity, and other age-related needs. The market is thus diversifying to cater to a broader demographic, from children to seniors, each seeking different health benefits in their confectionery choices.
Market Segmentation Analysis
By Type: Chocolate Confectionery, Chewing Gum, Sugar Confectionery, and Other
Chocolate Confectionery: Functional chocolate products are perhaps the most popular in this segment. Brands are fortifying chocolate with ingredients like probiotics, antioxidants, and mood-enhancing supplements, appealing to consumers who want a healthier version of their favorite treat.
Chewing Gum: Chewing gum is emerging as a unique vehicle for functional ingredients. Functional gums infused with ingredients for oral health, fresh breath, and focus-boosting properties are gaining traction, particularly among young adults and students.
Sugar Confectionery: Products like hard candies and gummies are often fortified with vitamins, minerals, and herbal extracts. Vitamin C gummies, energy-boosting chews, and immunity-support candies are increasingly popular in this category, providing consumers with a tasty way to supplement their diets.
Other: This category includes various niche products that are growing in popularity, such as functional mints, jellies, and hard candies that cater to specific health needs.
By Application: Children, Middle Age, Senior, and Youth
Children: Parents are increasingly looking for healthier snack alternatives for their children, and functional confectionery offers an appealing solution. Gummies fortified with vitamins, fiber, or immune-boosting ingredients are highly popular among parents aiming to support their children's health without compromising on taste.
Youth: Young adults are attracted to functional confectionery that supports energy, focus, and general wellness. Products like caffeine-infused gums, protein chocolates, and mood-boosting candies are particularly popular among this demographic.
Middle Age: Adults in their middle age often seek functional products that aid in managing stress, maintaining energy levels, and supporting immunity. Functional confectionery with stress-relieving adaptogens, B-vitamins, and other beneficial ingredients are well-suited to this group.
Senior: Older consumers are turning to functional confectionery for products that support bone health, joint care, and immunity. Functional candies, mints, and gummies designed for aging-related needs, such as collagen or calcium-enhanced options, are gaining traction among seniors.
Regional Analysis
1. North America
North America is a leading market for functional confectionery due to high consumer awareness of health and wellness trends. The region’s significant disposable income levels and demand for innovative food products make it a primary target for companies in this market.
2. Europe
Europe is another key region, where health-conscious consumers are increasingly choosing functional confectionery as a way to supplement their diets. Countries like Germany, the UK, and France are driving growth, supported by stringent regulations that ensure product quality and safety.
3. Asia Pacific
Asia Pacific is projected to experience the highest growth rate due to its large population and increasing disposable incomes in countries such as China, India, and Japan. The growing focus on health and wellness, coupled with the rising popularity of Western food products, is spurring demand for functional confectionery in this region.
4. Latin America and the Middle East & Africa
Although relatively smaller in market size, Latin America and the Middle East & Africa are witnessing rising demand for functional confectionery. Economic development and urbanization are leading to lifestyle changes in these regions, creating opportunities for market players to expand.
Competitive Landscape
Key players in the functional confectionery market include Hershey, Kellogg Company, Sula, Wm. Wrigley Jr, Unilever, Mars, and Nestle. These companies are constantly innovating to stay competitive and to meet evolving consumer demands. Strategies include the development of products with novel ingredients, partnerships, and targeted marketing to various consumer segments.
Hershey: Hershey has made strides in the functional confectionery market, leveraging its strong brand presence to introduce healthier options, such as chocolate fortified with protein or vitamins.
Kellogg Company: Known for its focus on nutrition, Kellogg has diversified its portfolio with functional treats and snack bars that cater to on-the-go consumers looking for health benefits.
Sula: As a relatively niche player, Sula focuses on specific functional categories, such as vitamin-fortified gummies and candies, appealing to health-conscious parents and children.
Wm. Wrigley Jr: With its well-known gum products, Wrigley has successfully introduced functional gums that support oral health and fresh breath, making it a staple in the functional confectionery market.
Unilever: Unilever’s broad consumer base and product innovation have positioned it well in the functional space, particularly with products that cater to both children and adults seeking health-boosting alternatives.
Opportunities and Challenges in the Market
Opportunities
Expansion in Emerging Markets: With rising disposable incomes and increased consumer awareness in emerging markets, companies have opportunities to grow their functional confectionery offerings, especially in Asia Pacific, Latin America, and the Middle East & Africa.
Growth of E-commerce: E-commerce has expanded market reach, allowing consumers to access a wider range of functional confectionery options, including niche products that may not be available in traditional retail stores.
Product Diversification: Companies can tap into new functional ingredients and target niche demographics, such as children and seniors, by diversifying their product lines.
Challenges
Stringent Regulatory Standards: Regulatory frameworks for functional food products are often strict, especially in Europe and North America. Companies need to ensure that their products meet these standards, which can be costly and time-consuming.
High Competition and Market Saturation: With multiple large players in the market, smaller companies face stiff competition. Differentiation through innovation and unique marketing strategies is essential to gaining market share.
Balancing Health Benefits with Taste: One of the biggest challenges in functional confectionery is achieving the right balance between health benefits and flavor. Consumers expect functional products to taste as good as conventional confectionery, making it challenging for manufacturers to formulate products that meet both taste and health criteria.
Future Outlook
The future of the functional confectionery market looks promising, with substantial growth expected due to increasing consumer interest in health and wellness. As more consumers seek alternatives to traditional sugary snacks, the demand for functional confectionery that offers nutritional benefits is likely to rise.
Over the next few years, the market will likely see a rise in personalized functional products that cater to specific health needs. Companies will focus on ingredient innovation and explore unique formulations that align with consumer preferences for clean, plant-based, and sustainable ingredients. Additionally, the integration of advanced technology in food science could further enhance product offerings in terms of both efficacy and taste.
In conclusion, the functional confectionery market represents a rapidly expanding segment with strong growth potential across demographics and regions. With a projected CAGR of 8.40% from 2024 to 2030, companies that invest in research and development, focus on health-oriented innovations, and effectively market their products to diverse audiences are positioned to thrive in this dynamic market.
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Protease Market 2030 : Growth By Region, Prospects
Probiotics to Reach USD 88.06 Billion by 2032, Growing at a CAGR of 8.23%
Probiotics Size, Share, and Forecast Report 2024-2032
Introduction
In a time when health-consciousness is at an all-time high, probiotics have emerged as a critical segment in the wellness and nutrition industry. According to the latest research, the Probiotics Size was valued at USD 43.22 billion in 2023. With rising consumer awareness about the benefits of probiotics, the is expected to grow at a compound annual growth rate (CAGR) of 8.23%, reaching a valuation of USD 88.06 billion by 2032.
This press release provides insights into the factors driving the growth of the probiotics , key trends, segmentation, and regional analysis.
Drivers and Growth Factors
Several factors are driving the significant growth of the global probiotics :
Increasing Consumer Awareness of Gut Health: There is growing consumer recognition of the link between gut health and overall well-being. Probiotics, known for promoting digestive health, boosting immunity, and balancing the gut microbiome, are increasingly being included in daily diets.
Rising Demand for Functional Foods: The rising health consciousness has led to a surge in demand for functional foods and beverages. Probiotic-infused products such as yogurt, kefir, kombucha, and dietary supplements are gaining rapid traction among health-conscious consumers.
Expanding Geriatric Population: As the global population ages, there is an increasing need for probiotics to help with age-related digestive issues and immune support. This demographic is expected to contribute significantly to the probiotics growth.
Innovation in Probiotic Delivery Systems: Companies are developing innovative probiotic delivery systems such as capsules, powders, gummies, and drinks, making it easier for consumers to integrate probiotics into their daily routines.
Increased Availability Through E-commerce Platforms: With the rise of online shopping, probiotic products are becoming more accessible to a global consumer base, further driving growth.
Segmentation
The global probiotics can be segmented into product type, ingredient, end use, distribution channel, and region.
By Product Type:
Probiotic Food & Beverages: This segment holds the largest share, driven by the popularity of yogurt, fermented foods, and functional drinks.
Probiotic Dietary Supplements: Growing consumer awareness of dietary supplements and the benefits of probiotics for digestive and immune health has led to a surge in demand for probiotic supplements.
By Ingredient:
Bacteria: Bacterial strains such as Lactobacillus and Bifidobacterium are the most commonly used in probiotic products due to their proven health benefits.
Yeast: Yeast-based probiotics, particularly Saccharomyces boulardii, are gaining popularity for their benefits in treating diarrhea and digestive disorders.
By End Use:
Human Probiotics: The human probiotics segment accounts for the majority of the share, catering to consumers seeking digestive health, immune support, and overall wellness.
Animal Probiotics: Probiotics for animal health are also growing in popularity, especially in the livestock and pet care industries, where they are used to enhance digestion and improve immune function in animals.
By Distribution Channel:
Supers & Hypers: These outlets remain the dominant sales channels due to their vast product variety and ease of access for consumers.
Pharmacies: Probiotics are often recommended by healthcare professionals and are increasingly available in pharmacies as dietary supplements.
E-commerce: The online segment is experiencing the fastest growth, driven by the convenience of shopping from home and the availability of a wider variety of products online.
Regional Outlook
North America: The North American region leads the global probiotics , fueled by high consumer awareness, advanced healthcare infrastructure, and a robust food and beverage industry. The U.S. holds the largest share in this region, with a growing preference for functional foods and supplements.
Europe: Europe follows closely behind, with countries such as Germany, France, and the U.K. witnessing a rise in demand for probiotic-infused food and beverages. The European is supported by a strong regulatory framework that ensures the safety and efficacy of probiotics.
Asia-Pacific: The Asia-Pacific region is projected to see the fastest growth during the forecast period. Countries like China, Japan, and India are at the forefront, driven by an increasing awareness of probiotics' health benefits, rising disposable incomes, and a growing focus on preventive healthcare.
Latin America and Middle East & Africa: These regions are expected to experience moderate growth, driven by urbanization, increasing healthcare awareness, and the expanding presence of global probiotic brands.
Trends Shaping the Future of the Probiotics
Focus on Personalized Nutrition: With advancements in genomic and microbiome research, companies are increasingly exploring personalized probiotic solutions tailored to individual health needs.
Growth in Plant-based Probiotics: As the plant-based movement gains momentum, there is a growing interest in plant-based probiotic products derived from non-dairy sources such as soy, almond, and coconut.
Probiotics Beyond Gut Health: New research suggests that probiotics may have benefits beyond digestive health, including mental health, skin care, and weight management. This expanding scope of application is expected to open new opportunities.
Partnerships and Acquisitions: Leading companies in the probiotics industry are engaging in partnerships and acquisitions to expand their product portfolios and increase penetration. Collaborations with biotechnology firms and academic institutions are also driving innovation in probiotic product development.
Key Players
Several key players are shaping the probiotics , including:
Danone S.A.
Nestlé S.A.
Yakult Honsha Co., Ltd.
Probi AB
Chr. Hansen Holding A/S
BioGaia AB
DuPont Nutrition & Biosciences
These companies are focused on product innovation, expanding their distribution networks, and leveraging scientific research to strengthen their positions.
Conclusion
The global probiotics is set to experience robust growth over the coming decade, driven by rising consumer interest in health and wellness, innovative product offerings, and increasing accessibility through various distribution channels. As probiotics continue to gain mainstream recognition, companies operating in this space have a unique opportunity to capitalize on emerging trends and expand their footprint in this burgeoning .
Read More Details @ https://www.snsinsider.com/reports/probiotics-market-1357
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Navigating Regulatory Challenges: Dietary Supplements Market Insights
San Francisco, 27 May 2024: The Report Dietary Supplements Market Size, Share & Trends Analysis Report By Ingredient (Vitamins, Minerals, Probiotics), By Form (Capsules, Gummies, Liquids), By End User, By Application, By Type, By Distribution Channel, By Region, And Segment Forecasts, 2024 – 2030 The dietary supplements market is projected to reach 327.42 billion by 2030, at a lucrative CAGR of…
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Nutraceuticals Market - Growth, Statistics, By Application, Production, Revenue & Forecast To 2033
The global nutraceuticals market value will likely jump from US$ 418,080 million in 2023 to US$ 703,122.075 million by 2033. This anticipated growth is expected to be driven by a steady CAGR of 5.3% in nutraceutical sales over the next decade.
Access an overview of the Comprehensive Research Report by downloading the Sample PDF Summary: https://www.futuremarketinsights.com/reports/sample/rep-gb-15103
The nutraceutical sales are set to keep growing. People like them because they are easy to store, can do many good things at once, and people are learning more about them. The popularity of nutraceutical products is going up fast. People are learning more about how nutraceuticals and supplements can benefit their health. They help with health problems like obesity, heart disease, cancer, high cholesterol, arthritis, and diabetes.
People also like personalized nutrition, where they get food tailored to their needs. This is especially popular among people with stomach problems that regular medicine cannot fix. Many people want multivitamins and single vitamins from these products worldwide. Similarly, many athletes around the world are joining sports at the national and international levels. This is leading more people to opt for functional beverages.
More people live in cities, spend money on health, and deal with heart, chronic, and obesity problems. This is why the nutraceuticals market is growing rapidly. Functional foods have omega fatty acids that help individuals keep a healthy weight and improve blood circulation.
Many people have become aware of herbal products and natural foods lately. They prefer these over foods with chemicals. This trend is especially strong in North America and Europe. In these two regions, people are willing to spend more on natural products.
New types of nutraceuticals like gummies, jellies, and soft gels are also coming into the market. Preference for these variants is growing because they come in various shapes, sizes, flavors, and strengths. Kids are also getting into these nutraceuticals, which is developing the market.
New technology in the nutraceutical industry is making people want these products more. They are utilizing contemporary technologies like AI to give people personalized advice based on their diet and health. Consequently, AI is going to be important for the nutraceutical industry to grow all around the world during the forecast period.
“In the Nutraceuticals Market, probiotics play a transformative role in enhancing mental and physical health. These beneficial microorganisms are reshaping the industry by promoting better digestion, immune support, and improved overall well-being through nutraceutical products.” Says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.
Key Takeaways from the Nutraceuticals Market:
In 2022, the United States asserted its dominance in the nutraceuticals industry, boasting a 23.4% global market share, underpinned by its robust research and development capabilities.
The nutraceuticals industry in the United Kingdom is poised for substantial growth, with a projected CAGR of 7.8% through 2033, driven by increasing consumer awareness of health and wellness.
Japan’s 2.4% share of the nutraceuticals industry in 2022 was bolstered by its reputation for producing high-quality and innovative health and wellness products.
India’s rapid development in the nutraceuticals industry, with a CAGR of 4.4% over the forecast period, is driven by a growing trend towards natural and organic products.
Germany’s significant 12.9% share of the global nutraceuticals industry in 2022 can be attributed to its reputation for high-quality manufacturing standards
China’s anticipated rise in the nutraceuticals industry, with a projected CAGR of 6.5% over the forecast period, is propelled by a surge in demand for dietary supplements.
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Key Players and Strategies for Success in the Nutraceuticals Market
In recent years, the nutraceuticals industry has emerged as a dynamic and rapidly expanding sector within the global market. In this dynamic landscape, key players employ multiple strategies to meet the evolving needs of consumers and establish their foothold in an increasingly competitive market. Here are key points about key players and strategies for success in the nutraceuticals market:
Invest in research to develop innovative and effective nutraceutical products.
Create strong branding and marketing campaigns to stand out in a competitive market.
Stay up-to-date with regulations and ensure products meet compliance standards.
Collaborate with healthcare professionals, fitness influencers, or retail chains to expand distribution.
Stay adaptable to changing consumer preferences and health trends in the market.
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Recent Developments The Nutraceuticals Market
In June 2022, Kellogg’s Special K introduced new Protein Snack Bars. These bars have 6 grams of protein and only 90 calories. They come in sweet berry vanilla and rich chocolaty brownie sundae flavors.
In April 2021, Nestlé NIDO 3+ unveiled a better recipe designed specifically for kids aged three to five. This new and improved recipe has just the right amount of Vitamin A, Zinc, and Iron, the nutrients young children need.
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Global Supplement Market Report Covers fastest Growing Supplement Companies and is segmented by Type (Vitamins & Minerals, Herbal Supplements, Proteins and Amino Acids, Fatty-acids, Prebiotics & Probiotics, and Other Types), by Form (Tablets, Capsules, Powders, Gummies, Softgels, Liquids, and Other Forms), by Health Application (General Health, Bone & Joint Health, Energy & Weight Management, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Skin/Hair/Nails, and Other Health Applications), by Distribution Channel (Pharmacies and Drug Stores, Supermarkets/Hypermarkets, Online Retail Channels, and Other Distribution Channels), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa.
Download Free Sample Report - Dietary Supplement Market
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Factors Driving the Dietary Supplements Market
The report "Dietary Supplements Market by type (Botanicals, Vitamins, Minerals, Amino Acids, Enzymes, Probiotics), Function (Additional Supplements, Medicinal Supplements, Sports Nutrition), Mode of Application, Target Consumer and Region - Global Forecast to 2027", is estimated at USD 155.2 billion in 2022; it is projected to grow at a CAGR of 7.3% to reach USD 220.8 billion by 2027.
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The ageing population in the eastern and western countries have propelled the market growth of dietary supplements. According to the UKs Food Standard Agency (FSA), the majority of supplement consumers, are over 55 years old. These supplements are bought in the belief that old age can be joyful and pain-free, with a body of research pointing to memory enhancement, joint strengthening, and a vitality boost of glucosamine, ginkgo, and ginseng.
The Botanical segment by type is projected to achieve the Highest CAGR growth in the Dietary Supplements market.
The demand for the botanicals ingredients included in the dietary supplements solutions had driven because of their consumer-perceived benefits, such as functional benefits and being "closer-to-nature," as well as their ability to impart pleasant flavours. Furthermore, attractive flavours and colors produced from natural sources are a vital part in dietary supplements solutions. Some of the advantages of botanical dietary supplements are, Low cost compared to prescription drug, It can be obtained without a prescription, Has the potential to be effective, despite the lack of evidence, and Contribute to a sense of self-sufficiency.
By function, the additional supplements segment is estimated to account for the largest market share in the Dietary Supplements market.
This category includes supplements that can be consumed without a doctors prescription. Minerals, herbs or other botanicals, amino acids, enzymes, and a variety of other ingredients can be found in dietary supplements. Tablets, capsules, gummies, and powder, as well as drinks and energy bars, are all forms of dietary supplements. According to the National Center for Health Statistics, 57.6% of US adults aged 20 and above used a dietary supplement, with women (63.8%) using more than men (50.8%). Dietary supplement use increased with age in both sexes but was highest in women aged 60 and above (80.2%)
The tablet form segment by mode of application is estimated to account for the largest market share of the Dietary Supplements market over the forecast period.
Longevity of tablet form drives market growth. Compressed tablets are typically meant to be swallowed without being broken, chewed, or dissolved. This tablet type will usually only begin to break down after reaching the stomach (or some other stretch of the gastrointestinal tract). Compressed tablets have the advantage of being generally stable and available in various sizes and shapes. As a result, a wide range of dietary supplements can be easily incorporated into tablet form. For this reason, compressed tablets are popular
The elderly segment is projected to observe the highest CAGR growth in the Dietary Supplements market during the forecast period.
Dietary supplements in pill or liquid form are popular among the elderly. These are often nutrients under-consumed among older adults, such as calcium and vitamin D (in high demand) & B12. In older adults, vitamin D helps support skeletal health by building and protecting bones. According to the National Health and Nutrition Examination Survey, nearly 20% of elderly Canadian, European, and American adults have a vitamin D deficiency. Medical experts recommend 20 to 25 micrograms of vitamin D per day. The Commodity Supplemental Food Program (CSFP) provides nutritious USDA packaged food to low-income older adults to support a healthy dietary pattern.
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Asia Pacific is projected to achieve the highest CAGR growth in the Dietary Supplements market.
The rising influence of westernization, the growing millennial population, and increasing awareness are the key drivers of market growth. According to the UN, in 2019, 60% of the 1.8 billion global population of millennials reside in Asia. This population is active, enthusiastic about fitness, and continuously seeking innovative products. As a result, millennials are prominent consumers of dietary supplements in the region. Veganism has also become popular in the region, alongside rising demand for plant-based food products, especially in India, China, Australia, and Indonesia. This key factor would eventually pave the way for herbal supplements to grow significantly in value sales during the forecast period in the Asia Pacific.
Key Market Players:
The key players in this market include Amway Corp (US), Herbalife International of America, INC. (US), ADM (US), Pfizer INC (US), Abbott (US), Nestle (Switzerland), Otsuka Holding Co, LTD (Japan), H&H Group (China), Arkopharma (France), Bayer AG (Germany), Glanbia Plc (Ireland), Natures Sunshine Products Inc (US), Fancl Corporation (Japan), Danisco (Denmark), Bionova (India), American Health (US), Pure Encapsulations LLC (US), GlaxoSmithKline, PLC (UK). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.
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The Probiotic for Kids Market is projected to grow from USD 1770.5 million in 2024 to an estimated USD 2737.83 million by 2032, with a compound annual growth rate (CAGR) of 5.6% from 2024 to 2032.The Probiotic for Kids Market has witnessed significant growth in recent years, driven by increasing awareness among parents about the importance of gut health and its role in overall well-being. Probiotics, which are live beneficial bacteria, are known to improve digestive health, boost immunity, and support better nutrient absorption. These benefits have made probiotic supplements and foods increasingly popular among health-conscious parents seeking natural solutions for their children’s health.
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Market Drivers
One of the primary drivers of the probiotics for kids market is the rising prevalence of digestive disorders among children, such as bloating, constipation, and irritable bowel syndrome (IBS). Changes in dietary habits, sedentary lifestyles, and the widespread use of antibiotics have disrupted gut microbiota balance in many children, leading to a surge in demand for probiotics. Additionally, heightened awareness about the gut-brain connection has encouraged parents to turn to probiotics to support their children’s mental health and cognitive development.
The growing emphasis on preventive healthcare and the preference for natural and organic products are also significant factors fueling the market's growth. Probiotics are often viewed as a safer alternative to synthetic supplements, aligning with the trend toward clean-label and chemical-free products. Furthermore, government initiatives and healthcare campaigns promoting probiotics as a key component of a balanced diet have bolstered their adoption in developed and developing countries alike.
Product Innovation and Diversification
Innovation in product formulation has been a cornerstone of growth in the probiotics for kids market. Manufacturers have introduced a wide range of kid-friendly probiotic products, including chewable tablets, gummies, powders, and flavored liquids. These formats cater to children’s taste preferences and make probiotic consumption enjoyable, addressing compliance issues often faced by parents.
Functional foods and beverages enriched with probiotics have also gained traction. Products such as probiotic yogurt, milk, and snack bars have become popular, offering convenience and nutritional benefits in a single serving. Advances in strain-specific probiotics have further enhanced the efficacy of these products, with targeted solutions available for specific health concerns such as immunity boosting, allergy relief, and improved digestion.
Challenges and Opportunities
Despite the promising growth, the probiotics for kids market faces challenges such as stringent regulatory requirements, high manufacturing costs, and the need for cold chain logistics to maintain product efficacy. Additionally, the lack of standardization in labeling and the proliferation of low-quality products can undermine consumer trust.
However, these challenges also present opportunities for innovation and differentiation. Companies investing in research and development to create more stable and effective probiotic strains are likely to gain a competitive edge. Collaborations with pediatricians and healthcare providers can enhance credibility and expand market reach. Furthermore, the integration of probiotics with other functional ingredients, such as vitamins and prebiotics, opens new avenues for product development.
Future Outlook
The probiotics for kids market is poised for sustained growth as consumer awareness continues to rise and scientific research validates the benefits of probiotics for children. With increasing demand for personalized nutrition and the development of advanced probiotic strains, the market is set to offer tailored solutions for specific health needs.
As parents become more proactive about their children’s health, the probiotics for kids market is expected to remain a dynamic and evolving space, blending scientific innovation with natural wellness solutions to meet the needs of future generations.
Key Player Analysis:
BioGaia AB
BIOSTIME
Church & Dwight Co. Inc.
Culturelle
Dr. Willmar Schwabe Group
Jarrow Formulas
Life-Space
Natural Factors Inc.
NOVA Probiotics
Nutrition Care
Swanson
The Clorox Company
Segmentation:
By Product form:
Liquid Drops
Powder
Ready-to-feed Liquids
Chewable Tablets
Gummies
By Strain Type:
Lactobacillus
Streptococcus
Bifidobacterium
Propionibacteria
Enterobacteria
Saccharomyces
By Age Group:
Infants (0–2 Years)
Toddlers and Young Children (3–8 Years)
Older Children (9–12 Years)
By Sales Channel:
Hypermarket/Supermarket
Specialty Stores
eCommerce
Drug Stores & Pharmacies
Health & Wellness Stores
Convenience Store
Departmental Stores
Mass Grocery Retailers
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
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Contact:
Credence Research
Please contact us at +91 6232 49 3207
Email: [email protected]
Website: www.credenceresearch.com
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Probiotics Surge Ahead: Industry Growth to Reach $105.7 Billion by 2029
The global probiotics market has experienced robust growth, driven by increasing consumer awareness about gut health and overall wellness. The rising demand for functional foods, dietary supplements, and expanding applications in pharmaceuticals and animal feed are key factors propelling this growth. The future of the probiotics industry looks promising, with continuous innovation in product development and growing consumer interest in preventive healthcare. The expansion of probiotics into new application areas, such as mental health (psychobiotics) and skincare, as well as increasing demand in emerging markets, are expected to drive sustained growth. the global probiotics market size is estimated to be valued at USD 71.2 billion in 2024 and is projected to reach USD 105.7 billion by 2029, recording a CAGR of 8.2%.
Probiotics Market Growth Drivers
Health Consciousness: There is a growing awareness of the importance of maintaining gut health for overall well-being. Probiotics are increasingly recognized for their role in improving digestive health, boosting immunity, and preventing various health issues.
Demand for Functional Foods: Consumers are increasingly seeking out foods and beverages with added health benefits. Probiotics are a key ingredient in the functional foods market, with products ranging from yogurt to fortified beverages and snacks.
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Innovation in Product Development: Advances in biotechnology have led to the development of new probiotic strains and delivery methods, enhancing the efficacy and stability of probiotic products. This innovation is expanding the market beyond traditional dairy products to include capsules, powders, and even skincare products.
Rising Prevalence of Chronic Diseases: The increasing prevalence of lifestyle-related diseases such as obesity, diabetes, and gastrointestinal disorders has driven demand for probiotics as a preventive and therapeutic measure.
Most Promising Probiotics Manufacturers: Navigating Innovation and Competition
Key players like Probi and Nestlé are leading the charge in this evolving space. Probi’s recent partnership with Clasado Biosciences to develop synbiotic products underscores its commitment to innovation. Meanwhile, Nestlé’s vast R&D infrastructure supports its position as a global leader, offering probiotic products under its Nutrition and Health Science segment.
Companies like International Flavors & Fragrances Inc. (IFF) are also making strides, with a strong focus on quality control and delivering multifunctional health benefits through their extensive range of probiotics.
As consumer awareness grows and the market becomes more competitive, the coming years will reveal the true potential of Proteus-based probiotics. Stay tuned for what’s next in this ever-evolving industry!
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In what ways does dietary diversity contribute to the rising popularity of probiotics in functional food and beverage products?
Functional food and beverages seamlessly integrate probiotics into consumers’ daily routines, catering to the demands of modern, fast-paced lifestyles. Secondly, the segment offers a diverse array of products, ranging from probiotic-fortified yogurts and dairy drinks to functional kombuchas and enhanced water, thereby accommodating varied consumer preferences and dietary requirements. Furthermore, ongoing innovation within the functional food and beverage sector amplifies its dominance. Product developments such as probiotic-infused ice cream, chocolates for digestive health, functional gummies targeting specific health needs, and even probiotic beer tailored for health-conscious consumers signify the sector’s adaptability and responsiveness to evolving consumer demands.
Asia Pacific Sets the Benchmark in Probiotics Industry Growth
The presence of established probiotic brands such as Yakult Honsha Co., Ltd. (Japan) has cultivated a culture of probiotic consumption, laying a robust foundation for market expansion. Furthermore, the region boasts a strong presence of companies, including MORINAGA MILK INDUSTRY CO., LTD. (Japan), Meiji Holdings Co., Ltd. (Japan), and Unique Biotech Ltd (India).
Moreover, the Asia Pacific region’s dominance is reinforced by a growing health consciousness among consumers, highlighted by expanding awareness of the gut microbiome’s impact on health. This trend, underscored by a June 2022 study published in the National Institutes of Health (NIH) journal, Nutrients, drives demand for probiotics addressing various health concerns, including digestive issues and immune function. The market’s embrace of innovation is evident through the diversification of probiotic applications beyond traditional products like yogurt, encompassing fortified foods and beverages, topical applications for skin health, and even pet probiotics. This robust market ecosystem is further augmented by the growing popularity of e-commerce platforms, favorable regulatory environments, and government healthcare initiatives promoting preventive healthcare and healthy lifestyles across the region.
Key Questions Addressed by Probiotics Market Report
What is the probiotics market trend?
How big is the probiotic market in North America?
Which region holds the largest probiotics market share?
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Probiotic Supplements Market is anticipated to record a valuation of US$ 11,529.10 million by 2028, a recent study by The Insight Partners
The global Probiotic Supplements Market size is expected to reach US$ 11,529.10 million by 2028, registering a CAGR of 7.6% from 2022 to 2028, according to a new research study conducted by The Insight Partners.
Rising Demand for Probiotic Supplements for Women Boosts Probiotic Supplements Market
Women experience specific health and well-being concerns that are influenced by genetic and hormonal changes throughout their lives. These issues can affect their immunity, mood, and digestive health, among others. Probiotics are gaining recognition as valuable support for women's health, mainly due to their ability to restore digestive and vaginal microflora balance, thereby contributing to mental well-being, digestive and vaginal health, and natural defenses. Lactobacillus spp. dominates the female vaginal microbiota. Therefore, probiotic supplements that contain lactobacillus strains, especially Lactobacillus rhamnosus and Lactobacillus fermentum, can help prevent bacterial vaginosis, urinary tract infections, and yeast infections. For example, in March 2022, Queen V, a feminine wellness brand, launched DD Probiotic Daily Dose Supplement to promote vaginal health by balancing yeast and bacteria while supporting digestive, immune, and antioxidant health. Probiotic supplements enhance immunity, increase fertility, and improve overall gut health among women. Additionally, probiotic supplements can help alleviate menopausal symptoms, such as low mood, vaginal dryness, weight gain, and bone health degradation, by balancing vaginal microflora, boosting estrogen levels, supporting overall gut health, and increasing nutrient absorption.
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According to the National Centre of Biotechnology Information (NCBI), women are two- to six-times more likely to experience irritable bowel syndrome than men, and this disease is diagnosed at a rate of 2:1 in women compared with men. Hence, they tend to focus on their health to stay fit and avoid infections and illnesses. This has led to high demand for probiotic supplements that support women’s health.
The COVID-19 pandemic had a significant impact on the probiotic supplements market.
Lockdowns,travel bans, and business shutdowns disrupted manufacturing processes due to restrictions imposed by government authorities in various countries. However, the pandemic also led to an increased demand for probiotic supplements as consumers sought out immunity-boosting and nutritious products. This resulted in a surge in sales of dietary supplements, including vitamins, multivitamins, and probiotics.
However, the pandemic also created operational difficulties, raw material shortages, and insufficient inventories, which led to a demand-supply gap and hindered the profitability of many small and large-scale players in the market. In 2021, as economies resumed operations and restrictions were relaxed, the global marketplace saw a boost. Manufacturers were permitted to operate at full capacity, helping them to overcome the consequences of the demand-supply gap and other repercussions. As a large number of citizens of many countries were fully vaccinated by 2021, probiotic manufacturers focused on scaling up their production operations to revive their businesses.
The probiotic supplements market is segmented based on product type, distribution channel, and geography. The market includes capsules and tablets, gummies, powder, and other product types, while the distribution channels include supermarkets and hypermarkets, specialty stores, online retail, and others. North America dominated the market in 2021, but Asia Pacific is expected to register the highest CAGR during the forecast period. The "Probiotic Supplements Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry, aiming to provide an overview of the market with detailed segmentation.
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Probiotics Market Key Highlights and Future Opportunities - 2032
Probiotics to Reach USD 88.06 Billion by 2032, Growing at a CAGR of 8.23%
Probiotics Size, Share, and Forecast Report 2024-2032
Introduction
In a time when health-consciousness is at an all-time high, probiotics have emerged as a critical segment in the wellness and nutrition industry. According to the latest research, the Probiotics Size was valued at USD 43.22 billion in 2023. With rising consumer awareness about the benefits of probiotics, the is expected to grow at a compound annual growth rate (CAGR) of 8.23%, reaching a valuation of USD 88.06 billion by 2032.
This press release provides insights into the factors driving the growth of the probiotics , key trends, segmentation, and regional analysis.
Drivers and Growth Factors
Several factors are driving the significant growth of the global probiotics :
Increasing Consumer Awareness of Gut Health: There is growing consumer recognition of the link between gut health and overall well-being. Probiotics, known for promoting digestive health, boosting immunity, and balancing the gut microbiome, are increasingly being included in daily diets.
Rising Demand for Functional Foods: The rising health consciousness has led to a surge in demand for functional foods and beverages. Probiotic-infused products such as yogurt, kefir, kombucha, and dietary supplements are gaining rapid traction among health-conscious consumers.
Expanding Geriatric Population: As the global population ages, there is an increasing need for probiotics to help with age-related digestive issues and immune support. This demographic is expected to contribute significantly to the probiotics growth.
Innovation in Probiotic Delivery Systems: Companies are developing innovative probiotic delivery systems such as capsules, powders, gummies, and drinks, making it easier for consumers to integrate probiotics into their daily routines.
Increased Availability Through E-commerce Platforms: With the rise of online shopping, probiotic products are becoming more accessible to a global consumer base, further driving growth.
Segmentation
The global probiotics can be segmented into product type, ingredient, end use, distribution channel, and region.
By Product Type:
Probiotic Food & Beverages: This segment holds the largest share, driven by the popularity of yogurt, fermented foods, and functional drinks.
Probiotic Dietary Supplements: Growing consumer awareness of dietary supplements and the benefits of probiotics for digestive and immune health has led to a surge in demand for probiotic supplements.
By Ingredient:
Bacteria: Bacterial strains such as Lactobacillus and Bifidobacterium are the most commonly used in probiotic products due to their proven health benefits.
Yeast: Yeast-based probiotics, particularly Saccharomyces boulardii, are gaining popularity for their benefits in treating diarrhea and digestive disorders.
By End Use:
Human Probiotics: The human probiotics segment accounts for the majority of the share, catering to consumers seeking digestive health, immune support, and overall wellness.
Animal Probiotics: Probiotics for animal health are also growing in popularity, especially in the livestock and pet care industries, where they are used to enhance digestion and improve immune function in animals.
By Distribution Channel:
Supers & Hypers: These outlets remain the dominant sales channels due to their vast product variety and ease of access for consumers.
Pharmacies: Probiotics are often recommended by healthcare professionals and are increasingly available in pharmacies as dietary supplements.
E-commerce: The online segment is experiencing the fastest growth, driven by the convenience of shopping from home and the availability of a wider variety of products online.
Regional Outlook
North America: The North American region leads the global probiotics , fueled by high consumer awareness, advanced healthcare infrastructure, and a robust food and beverage industry. The U.S. holds the largest share in this region, with a growing preference for functional foods and supplements.
Europe: Europe follows closely behind, with countries such as Germany, France, and the U.K. witnessing a rise in demand for probiotic-infused food and beverages. The European is supported by a strong regulatory framework that ensures the safety and efficacy of probiotics.
Asia-Pacific: The Asia-Pacific region is projected to see the fastest growth during the forecast period. Countries like China, Japan, and India are at the forefront, driven by an increasing awareness of probiotics' health benefits, rising disposable incomes, and a growing focus on preventive healthcare.
Latin America and Middle East & Africa: These regions are expected to experience moderate growth, driven by urbanization, increasing healthcare awareness, and the expanding presence of global probiotic brands.
Trends Shaping the Future of the Probiotics
Focus on Personalized Nutrition: With advancements in genomic and microbiome research, companies are increasingly exploring personalized probiotic solutions tailored to individual health needs.
Growth in Plant-based Probiotics: As the plant-based movement gains momentum, there is a growing interest in plant-based probiotic products derived from non-dairy sources such as soy, almond, and coconut.
Probiotics Beyond Gut Health: New research suggests that probiotics may have benefits beyond digestive health, including mental health, skin care, and weight management. This expanding scope of application is expected to open new opportunities.
Partnerships and Acquisitions: Leading companies in the probiotics industry are engaging in partnerships and acquisitions to expand their product portfolios and increase penetration. Collaborations with biotechnology firms and academic institutions are also driving innovation in probiotic product development.
Key Players
Several key players are shaping the probiotics , including:
Danone S.A.
Nestlé S.A.
Yakult Honsha Co., Ltd.
Probi AB
Chr. Hansen Holding A/S
BioGaia AB
DuPont Nutrition & Biosciences
These companies are focused on product innovation, expanding their distribution networks, and leveraging scientific research to strengthen their positions.
Conclusion
The global probiotics is set to experience robust growth over the coming decade, driven by rising consumer interest in health and wellness, innovative product offerings, and increasing accessibility through various distribution channels. As probiotics continue to gain mainstream recognition, companies operating in this space have a unique opportunity to capitalize on emerging trends and expand their footprint in this burgeoning .
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