Probiotic Supplements Market Overview: 2022-28

Base Year: 2021

Historical Years: 2017-20

Forecast Years: 2022-27

The Probiotic Supplements Market is projected to grow at a CAGR of around 4.64% during the forecast period, 2022-27. The market experienced considerable growth during 2017-19, owing to an increase in disease rates among the global population such as diabetes, bacterial infections, obesity, etc., due to the improper consumption of food items & products. This notably increased the demand for probiotic supplements from pharmacies to help naturally cure diseases with limited drug use. 

Markntel Advisor’s Probiotic Supplements Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Probiotic Supplements Market drivers, barriers, Probiotic Supplements Market Trends, and Key Players in Probiotic Supplements Market.

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Probiotic Supplements Market Dynamics: 2022-27

Rising Awareness About Probiotic Supplements Among Consumers: The growing awareness among consumers about the benefits of probiotics such as improved gut health & immune system, etc., are some of the key factors driving the growth of the Global Probiotic Supplement market. Probiotic supplements are increasingly being consumed as a preventive measure for avoiding health-related issues. For a long time, the focus of the consumers for health benefits & boosting immunity has been vitamins- & minerals-based supplements, which have seen a shift in past years, i.e., 2017-2020. Moreover, one of the major reasons for the increase in the demand for probiotic supplements was the global pandemic in 2020. During the pandemic, the demand for probiotics promulgated drastically, as consumers became increasingly aware of the food habits & supplements that help boost immunity.

Furthermore, the awareness has also risen among the fitness community, which has long been dependent on health supplements to improve physical attributes & endurance. Therefore, sportspersons have been shifting towards probiotic supplements as they have been seen as a means to enhance immunity. Nevertheless, with the growing population as well as the increase in the demand for probiotics supplements, the manufacturing companies are expanding their operations through the acquisition.

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Probiotic Supplements Market (2022-27): Segmentation Outlook

The market report has segmented the market into the following categories:

·       By Form

o   Solid Form

§  Tablets

·       By End User

o   Kids (3.1 to 15 years)

o   Adults (Above 15 years)

§  Capsules

·       By End User

o   Kids (3.1 to 15 years)

o   Adults (Above 15 years)

§  Gummies

·       By End User

o   Kids (3.1 to 15 years)

o   Adults (Above 15 years)

§  Powder

·       By End User

o   Infants (Upto 3 Years)

o   Kids (3.1 to 15 years)

o   Adults (Above 15 years)

§  Chewable

·       By End User

o   Kids (3.1 to 15 years)

o   Adults (Above 15 years)

§  Others

According to report, Of them, Capsules & Powder acquired a significant market share in the Global Probiotic Supplement market during 2017-2021.

·       By End User

o   Infant

o   Kids

o   Adults

§  16-35 Years

§  36-50 Years

§  51-65 Years

§  Above 66 Years

According to report, Among the three, the Adults acquired a notable market share in the global probiotic supplements market during 2017-21.

·       By Distribution Channel

o   Pharmacies

o   Health & Beauty Speciality Stores

o   Supermarkets & Hypermarkets

o   Convenience Stores

o   Online Stores

§  Via E-commerce Players

§  Supplier Selling Via Own Website

·       By Diseases

o   Digestive Health

§  Lactose Intolerance

§  Constipation

§  Others (Ulcerative Colitis, Colic, etc.)

o   Irritable Bowel Syndrome (IBS)

o   Oral Disease

o   Immunity-based Disease

o   Others

§  Cardiovascular Diseases

§  Respiratory Infections

§  Obesity

§  Memory/Mood/Relaxing

·       By Region

o   North America

o   South America

o   Europe

o   The Middle East & Africa

o   Asia Pacific

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Top Companies Operating in the Probiotic Supplements Market:

• Ener Blue
• Thales Nano
• Nel Hydrogen
• Hitachi Zosen Corporation
• Helbio
• Parker Hannifin
• Altergy
• SilPac