The global demand for OTC probiotic supplements Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Probiotics are beneficial bacteria or yeast that are naturally found inside human body, particularly in the digestive tract. It fights off bad bacteria and keeps the body healthy. OTC probiotic supplements are over-the-counter dietary supplements or food additives that do not require a doctor’s prescription. It is one of the most effective ways to obtain good bacteria needed for a healthy gut. These supplements balance the levels of microorganisms present inside the intestines, improves digestive health and support immunity. It helps with infectious diarrhoea, inflammatory bowel disease and irritable bowel syndrome. However, some common side effects that may occur are constipation, bloating and thirst. It is available in the form of pills. Ideally, it should be taken before breakfast.
Market Dynamics
The OTC probiotic supplements market is expected to register impressive growth during the forecast period. The major factor driving the target market is the growing popularity of these supplements and increasing health awareness leading to increased spending on healthcare. The fact that the scope of probiotics application is expanding will propel its demand. Changing eating habits such as increased consumption of foods with high sodium content leading to increasing incidence of gastrointestinal disorders will magnify its demand. Individuals preferring medical nutrition in developed countries will positively impact the market. On the other hand, substitutes for the product are available in the market, and this factor may hamper the growth of OTC probiotic supplement market during the assessment period.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of otc probiotic supplements. The growth and trends of otc probiotic supplements industry provide a holistic approach to this study.
Market Segmentation
This section of the otc probiotic supplements market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Form
- Capsules
- Tablets
- Powder
- Syrups
By Ingredients
- Bacteria
- Lactobacilli
- Bifidobacterium
- Streptococcus Thermophilus
- Yeast
By Distribution Channel
- Online
- Offline
- Drug Stores And Pharmacies
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the OTC probiotic supplements market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global OTC Probiotic Supplements Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the otc probiotic supplements market include DuPont, Danone, Probi AB, Lifeway Foods, Inc., Kibow Biotech, Pharmavite LLC, Osmotica Pharmaceuticals Corp, Dietary Pros, Inc., and Royal DSM. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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