#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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Rising Demand for Functional Foods Fuels Nutraceutical Products Market Growth
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. The global nutraceutical products market size is projected to grow from USD 267.4 billion to USD 404.8 billion in 2025, recording a CAGR of 7.2% during the forecast period. 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.
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.
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.
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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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Psyllium Market Trends, Demand, Analysis, Business Scope, Challenges and Future Opportunities: SPER Market Research
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Psyllium is a natural fiber with well-known digestive health benefits. It is a highly soluble fiber that absorbs water and develops a gel-like consistency, making it an efficient way to promote regular bowel movements and relieve constipation. Psyllium is also regarded for its potential to promote heart health by lowering cholesterol levels and regulating blood sugar, making it useful for people with diabetes or cardiovascular disease. Because of its gentle and natural laxative effects, psyllium is often utilized in dietary supplements, fiber powders, and even culinary products such as cereals and baked goods. It also helps with weight management by producing a sense of fullness, which reduces overeating. With its versatility and multiple health benefits, psyllium is still a popular choice for individuals looking for a natural solution to boost digestion and overall health.
According to SPER market research, ‘Global Psyllium Market Size- By Product, By Nature, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Psyllium Market is predicted to reach 988.35 million by 2034 with a CAGR of 9.96%.
Drivers:
People are adopting fiber-rich diets to treat constipation, irritable bowel syndrome (IBS), and overall gut health, psyllium has grown in favor as an effective and natural option. Furthermore, the rising prevalence of lifestyle-related disorders like obesity, diabetes, and high cholesterol has increased demand for psyllium, which aids in blood sugar regulation and cholesterol reduction. The growing popularity of plant-based and gluten-free diets has also aided market expansion, with psyllium commonly utilized as a functional component in gluten-free baking and nutritional supplements. Furthermore, expanded uses in the pharmaceutical and nutraceutical industries, as well as rising exports from key producing countries, continue to fuel market growth.
Request a Free Sample Report: https://www.sperresearch.com/report-store/psyllium-market.aspx?sample=1 Restraints:
One of the major difficulties is the fluctuation of psyllium supply and costs. These changes might result in supply shortages and higher prices, affecting market dynamics. Although psyllium is generally considered safe, some people may experience allergic reactions, gastrointestinal discomfort, or problems with certain medications. These potential side effects may limit the usage of psyllium, particularly among users with pre-existing health issues or who are taking specific medications. In some areas, there is a lack of knowledge and awareness about the benefits and proper usage of psyllium, which impedes market growth. Educating consumers and healthcare professionals on the advantages and safe usage of psyllium is critical to overcoming this barrier.
North America, notably the United States, dominates the worldwide psyllium market, owing to a high consumer awareness of the health advantages of dietary fiber, a robust supplement sector, strong demand for natural and organic products, and a huge established base of customers. Some significant market players are Abhyuday Industries, Gayatri Psyllium Industries, Ispasen Remedies Private Limited, Jyotindra International, Keyur Industries, and others.
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Psyllium Market Growth
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Probiotic Gummies Market Size- By Application, By End User, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
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#Psyllium Market#Psyllium Market Growth#Psyllium Market Share#Psyllium Market Size#Psyllium Market Revenue#Psyllium Market Demand#Psyllium Market Analysis#Psyllium Market Segmentation#Psyllium Market Future Outlook#Psyllium Market Scope#Psyllium Market Challenges#Psyllium Market Competition#Psyllium Market forecast
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Gummies Manufacturers in India
Gummies Manufacturers in India: A Growing Industry of Sweet Innovation
In recent years, the Indian food industry has witnessed an explosion in the popularity of gummies. These chewy, colorful, and tasty treats have become favorites not just among children but also adults. Thanks to their versatility, gummies are now being produced in various forms, from fruit-flavored candies to nutritional supplements, and even functional health gummies. As demand for these gummies rises, India has emerged as a key player in the manufacturing of these products.
Here’s a deeper dive into the gummy manufacturing industry in India, shedding light on its growth, technological advancements, and challenges.
1. The Rise of Gummies in the Indian Market
The candy industry in India has seen a major shift in recent years, with consumers moving towards healthier snack options. The demand for sugar-free, vegan, and dietary gummies is growing, thanks to their perceived health benefits. The Indian market has diversified, and manufacturers are meeting this demand by producing gummies that cater to various consumer needs, including vitamins, minerals, and even CBD-infused gummies.
2. Types of Gummies Manufactured
Indian manufacturers are adept at producing various types of gummies:
Confectionery Gummies: These are the traditional gummies, often fruit-flavored and sold as candy. They’re widely popular among children and young adults.
Nutritional Gummies: One of the significant growth sectors in the industry, these gummies are infused with vitamins, minerals, and other nutrients. Brands are producing multi-vitamin, calcium, and immunity-boosting gummies that target the growing health-conscious population.
Functional Gummies: In line with the wellness trend, functional gummies are infused with ingredients like turmeric, ginger, probiotics, and CBD. They promote overall well-being, digestive health, and stress relief.
Sugar-Free Gummies: Catering to diabetics and those watching their sugar intake, sugar-free gummies have found a steady market in India.
3. Technological Advancements in Manufacturing
The manufacturing of gummies requires sophisticated equipment and expertise to ensure consistency, quality, and taste. Some of the key technological advancements in the Indian gummy manufacturing sector include:
High-Precision Molding Machines: These machines ensure that gummies are produced in uniform shapes and sizes, meeting the aesthetic standards of the market.
Ingredient Innovations: Manufacturers are increasingly using natural fruit extracts, plant-based colors, and sweeteners like stevia, which are more appealing to health-conscious consumers.
Better Packaging: Gummies are often packaged in air-tight, resealable pouches that help maintain freshness. The use of eco-friendly materials for packaging is also becoming a trend as sustainability concerns grow.
Automation: Many manufacturers in India are integrating automated processes for mixing, molding, and packing, reducing human error and increasing efficiency.
4. Quality Control and Compliance
In the food industry, especially in a country like India, where regulatory standards are evolving, the importance of quality control cannot be overstated.
India’s Food Safety and Standards Authority of India (FSSAI) sets strict guidelines for food safety, and gummies manufacturers must comply with these regulations to ensure their products are safe for consumption. Quality control procedures like batch testing for taste, texture, and potency are standard practices in the industry.
Additionally, manufacturers must ensure that the gummies are free from contaminants and preservatives that could harm consumers’ health, which is especially important for health-centric products like nutritional and functional gummies.
5. Export Potential and Global Trends
India's gummy manufacturing industry is expanding its global footprint. With a vast consumer base, growing production capacity, and a shift towards health-conscious formulations, the country is becoming a competitive player in the international market.
Indian manufacturers are meeting the growing demand for gummies in countries like the U.S., Europe, and parts of Asia. The appeal of Indian-made gummies lies in their affordability, consistent quality, and the country's burgeoning expertise in functional ingredients.
6. Challenges in the Industry
While the market for gummies is booming, manufacturers in India face some challenges that need to be addressed:
Raw Material Sourcing: Some ingredients used in gummies, like gelatin and certain flavorings, are not always available locally and need to be sourced from abroad. This can lead to fluctuations in pricing and affect production costs.
Regulatory Compliance: Adhering to both domestic and international regulations can be complex, especially when expanding into new markets. Meeting the regulatory demands of different countries requires time and financial investment.
Health Perception: Despite the growing trend toward healthier alternatives, gummies are still perceived by many as "candy" and not as serious health products. Overcoming this perception and convincing consumers of their health benefits is an ongoing task for manufacturers.
7. Sustainability and Future Outlook
The future of the gummy manufacturing industry in India looks promising. With a larger focus on clean label products (products without artificial colors, flavors, or preservatives), sustainability will play an increasingly important role. Manufacturers are expected to shift towards plant-based, organic, and cruelty-free ingredients to align with global trends in health and sustainability.
Eco-friendly packaging will also take center stage, as companies face pressure from both consumers and regulators to reduce plastic waste. Additionally, plant-based alternatives to gelatin, such as agar-agar and pectin, are expected to become more common in the production of gummies.
Conclusion
The gummy manufacturing industry in India is evolving rapidly, thanks to consumer demand for healthier, innovative, and functional products. With the right blend of technology, quality control, and market knowledge, manufacturers in India are well-positioned to meet both domestic and international demands.
Whether it’s the traditional candy gummies or the booming health and wellness gummies, the industry is set for even greater growth. For entrepreneurs, manufacturers, and even consumers, the future of gummies looks sweet, both in taste and business potential.
URL: For more information, visit Vakya Lifescience : Gummies Manufacturers in India
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The Digestive Health Supplements Market is projected to grow from USD 17,175 million in 2024 to USD 28,424.55 million by 2032, at a compound annual growth rate (CAGR) of 6.5%. In recent years, the global digestive health supplements market has witnessed a remarkable surge, driven by increasing awareness about gut health and its profound impact on overall well-being. As consumers become more health-conscious, the demand for natural and effective solutions to maintain digestive health continues to rise. Digestive health supplements are products formulated to support and enhance the digestive system’s functioning. They typically include probiotics, prebiotics, enzymes, fiber supplements, and herbal products. Probiotics, often referred to as "good bacteria," help balance the gut microbiota, while prebiotics serve as food for these beneficial bacteria. Enzymes aid in breaking down food for better nutrient absorption, and fiber supplements promote regular bowel movements.
Browse the full report at https://www.credenceresearch.com/report/digestive-health-supplements-market
Key Market Drivers
Rising Prevalence of Digestive Disorders The growing incidence of digestive disorders such as irritable bowel syndrome (IBS), acid reflux, and bloating has fueled the demand for targeted digestive health solutions. According to the World Gastroenterology Organization, gastrointestinal issues affect a significant portion of the global population, prompting individuals to seek preventive measures.
Increased Awareness of Gut Health Scientific research has increasingly highlighted the gut’s role in overall health, including immune system function, mental health, and disease prevention. This has led to a surge in demand for supplements that promote a healthy gut microbiome.
Shift Toward Preventive Healthcare With rising healthcare costs and an aging population, there is a growing emphasis on preventive healthcare. Digestive health supplements are viewed as a proactive measure to prevent chronic conditions and improve quality of life.
Changing Lifestyles and Diets Busy lifestyles and the prevalence of processed foods have led to poor dietary habits, often resulting in digestive issues. Supplements offer a convenient solution to counterbalance nutritional deficiencies and maintain gut health.
Emerging Trends in the Market
Personalized Nutrition Consumers are increasingly looking for tailored solutions that meet their unique health needs. Companies are leveraging advances in biotechnology and data analytics to create customized digestive health supplements based on individual microbiome profiles.
Natural and Plant-Based Products The demand for natural, organic, and plant-based supplements is on the rise, reflecting broader consumer trends toward clean-label and sustainable products. Ingredients like ginger, turmeric, and aloe vera are gaining popularity for their digestive benefits.
Innovation in Delivery Formats To enhance user convenience and compliance, manufacturers are introducing innovative delivery formats such as gummies, powders, and chewable tablets. These formats are particularly appealing to younger consumers and those averse to traditional pills.
Integration of Probiotics and Prebiotics Synbiotics, which combine probiotics and prebiotics, are emerging as a preferred choice for comprehensive gut health solutions. These products offer synergistic benefits by fostering the growth and activity of beneficial bacteria.
Challenges and Opportunities
While the market is expanding, it is not without challenges. Regulatory hurdles, the high cost of premium supplements, and consumer skepticism about product efficacy remain significant barriers. However, advancements in scientific research and technology present opportunities for innovation and growth. Educating consumers about the benefits of digestive health supplements and ensuring transparency in labeling and marketing will be crucial for market players.
Future Outlook
The global digestive health supplements market is poised for sustained growth in the coming years. As consumer preferences evolve and scientific understanding of gut health deepens, the industry is likely to see a wave of innovation and diversification. Companies that prioritize quality, research, and consumer education will be well-positioned to capitalize on this burgeoning market.
Key Player Analysis:
Amway
Bayer
NOW Foods
Lonza Group Ltd
Herbalife
Garden of Life
Nutricia NV
Nature’s Bounty
Zenwise
Alimentary Health Limited
Segments:
Based on Product Type:
Prebiotics
Probiotics
Enzymes
Others
Based on Form:
Capsules
Tablets
Powder
Others
Based on Distribution Channel:
Offline Channel
Modern Trade
Convenience Stores
Specialty Stores
Multi-brand Stores
Other Sales Channel
Online Channel
Based on the Geography:
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/digestive-health-supplements-market
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Future of Probiotics Dietary Supplements Market: Insights from Industry Experts
The global probiotics dietary supplements market size is expected to reach USD 51.84 billion by 2030, registering a CAGR of 14.1% over the forecast periods, according to a new report by Grand View Research, Inc. Probiotic dietary supplements have become increasingly popular in recent years, driven by a number of factors. The growing awareness of the importance of gut health and its impact on overall health and well-being. Many consumers are turning to probiotics as a way to support their digestive health, boost their immune system, and improve their mood.
In addition, the incidence of digestive disorders is on the rise, leading to increasing demand for probiotic products. Probiotics combat harmful bacteria in the gut and are effective in treating conditions such as intestinal inflammation, antibiotic-associated diarrhea, and urogenital infections. With the growing awareness of preventative healthcare, the global probiotic market is expected to expand. Probiotics promote gut health and boost immunity, and yogurt is a commonly consumed source of these beneficial microorganisms.
Probiotic dietary supplements have gained popularity due to their convenience and the variety of appealing flavors such as apple, orange, and raspberry. These supplements contain lactic acid bacteria, particularly Streptococcus thermophilus and Lactobacillus, which regulate the digestive system and enhance immune responses. Lactobacillus is also effective in treating various conditions such as diarrhea, high cholesterol, skin disorders, irritable bowel syndrome, and lung infections.
Gather more insights about the market drivers, restrains and growth of the Probiotics Dietary Supplements Market
Probiotics Dietary Supplements Market Report Highlights
• The tablets & softgels form led the market in terms of revenue, with a share of over 40% in 2022. Tablets offer convenience, making them an ideal option for individuals with busy lifestyles. In addition, the robust presence of gelatin production units, along with the increasing demand for nutraceutical products, is expected to provide new opportunities for manufacturers of softgel probiotic dietary supplements globally
• Infants is expected to be the fastest-growing among the end-use segments, owing to the growing demand for personalized products that cater to the unique metabolic and intestinal requirements of infants. The infants segment is projected to expand at a CAGR of over 18% during the forecast period
• Probiotics are also beneficial for improving sleep quality by reducing inflammation and oxidative stress in the body, as well as by increasing the production of melatonin, a hormone that regulates sleep. In addition, supplements for sexual wellness are also available, which contain probiotics to support healthy vaginal or urinary tract flora
Probiotics Dietary Supplements Market Segmentation
Grand View Research has segmented the global probiotics dietary supplements market based on form, end-use, application and region:
Probiotics Dietary Supplements Form Outlook (Revenue, USD Million, 2017 - 2030)
• Chewables & Gummies
• Capsules
• Powders
• Tablets & Softgels
• Others
Probiotics Dietary Supplements End-use Outlook (Revenue, USD Million, 2017 - 2030)
• Infants
• Children
• Adults
• Geriatric
Probiotics Dietary Supplements Applications Outlook (Revenue, USD Million, 2017 - 2030)
• Sports Fitness
• Energy & Weight Management
• General Health
• Bone & Joint Health
• Gastrointestinal Health
• Immunity
• Cardiac Health
• Diabetes
• Anti-cancer
• Skin/Hair/Nails
• Brain/Mental Health
• Others
Probiotics Dietary Supplements Regional Outlook (Revenue, USD Million, 2017 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
• Asia Pacific
o China
o India
o Japan
o Australia
o South Korea
• Central & South America
o Brazil
o Argentina
o Colombia
• Middle East & Africa
o South Africa
o UAE
o Saudi Arabia
Order a free sample PDF of the Probiotics Dietary Supplements Market Intelligence Study, published by Grand View Research.
#Probiotics Dietary Supplements Market#Probiotics Dietary Supplements Market Size#Probiotics Dietary Supplements Market Share#Probiotics Dietary Supplements Market Analysis#Probiotics Dietary Supplements Market Growth
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Functional Confectionery Market: Growth, Trends, and Forecast 2024-2030
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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 .
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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.
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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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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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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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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
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Credence Research
Please contact us at +91 6232 49 3207
Email: [email protected]
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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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