The global demand for Probiotic Dietary Supplement Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Probiotics are living microbes that help to support and re-establish gut microflora. Generally used probiotic bacteria are Lactobacillus and Bifidobacterium.Probiotics are found in the form of food supplements such as yogurt. They assist in balancing good and bad bacteria to maintain our digestive system and gut health. The supplements are available in various forms such as tablets, powder, and capsule, or liquid. Many health benefits are associated with probiotic supplements. They improve gut functioning, strengthens the digestive system, and boost immunity.
The prolonged long work schedules, unhealthy eating habits, and sedentary lifestyles have affected human health and increased health problems such as diabetes and obesity. The health problems enhanced awareness about healthy food products and healthy diets in recent years. The probiotic supplements achieved popularity due to their health benefits. The major factors propelling the global probiotic market include increased awareness about a healthy diet, benefits offered by probiotic supplements, and technological innovations and advancement in probiotic fortified foods. In developing countries, the demand for probiotic supplements in food and beverages is growing. The younger generation’s rising demand for health-based food is supporting the global probiotic supplements market. The threat of COVID-19 pandemic is increasing day by day. At present, there is no effective antiviral drug or effective vaccine available against the disease-causing virus SARS-CoV-2. Only physical distancing and increasing self-immunity are the few solutions. As probiotic supplements are known to boost immunity, the COVID-19 impact is expected to support the global Probiotic supplement market positively.
The 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 inclusive assessment of each application/product segment in the global market of probiotic dietary supplement.
The entire probiotic dietary supplement market has been sub-categorized into application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Food Supplement
- Nutritional Supplements
- Specialty Nutrients
- Infant Formula
This section covers regional segmentation which accentuates on current and future demand for probiotic dietary supplement market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Probiotic Dietary Supplement 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 probiotic dietary supplement market include NutraScience Labs, Vitakem Nutraceuticals Inc., ProbioFerm, UAS Labs, Probium LLC, Protexin, Nutraceutix, Chr. Hansen Holding A/S, Nebraska Cultures, Mercola Probiotics, Contract NUTRA, UP4 Probiotics, Custom Probiotics, Inc. This section includes 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.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.