Company Spotlight

Top 6 Companies Dominating the Global Probiotic Dietary Supplements Market, Driven by Rising Health Awareness

Probiotic Dietary Supplements Market

Insights

The global probiotic dietary supplements market reached a value of about USD 7.84 billion in 2023. The market is projected to grow at a CAGR of 8.60% in the forecast period of 2024-2032 to reach around USD 16.48 billion by 2032.

Twinlab Consolidation Corporation, Vitakem Nutraceuticals Inc., Dietary Pros, Inc., Chr. Hansen Holding A/S, Archer Daniels Midland Company, and Custom Probiotics Inc., among others, are the major players in the global probiotic dietary supplements market.

The global probiotic dietary supplements market reached a value of about USD 7.84 billion in 2023. The market is projected to grow at a CAGR of 8.60% in the forecast period of 2024-2032 to reach around USD 16.48 billion by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by the increasing health awareness among individuals and the various health benefits offered by probiotic dietary supplements.

Probiotic dietary supplements, comprising live microbial components in natural and herbal nutritional substances, offer a blend of live bacteria and yeast to enhance gut health and digestive functions. Among these beneficial microorganisms are Lactobacillus, Bifidobacterium, and Saccharomyces boulardii, known for their immune-boosting properties and ability to mitigate inflammation. While probiotics naturally occur in the body and support digestion, factors such as infections and medications can deplete their levels, leading to digestive issues. Probiotic supplements aim to replenish 'good' bacteria, crucial for maintaining digestive balance and overall well-being. Common probiotic strains include lactobacillus, streptococcus thermophilus, and Bifidobacterium.

Diabetic Population 2021

The surge in health consciousness and recognition of the numerous health advantages associated with probiotic dietary supplements are key drivers propelling the global probiotic dietary supplements market growth. Escalating instances of ailments like obesity, diabetes, and hypertension due to demanding lifestyles and inadequate diets are fuelling demand for these supplements. Individuals are turning to them to bolster immunity and address a spectrum of gastrointestinal issues, breast cancer, and dental conditions, among other health concerns.

The rising use of probiotic dietary supplements in formulating specialized nutrients for infant formula, aimed at preventing gastrointestinal ailments and fostering optimal growth and development in infants, is driving probiotic dietary supplements market expansion. Furthermore, heightened consumer inclination toward natural products, coupled with the proven health benefits of probiotic bacteria, further bolsters market growth.

In March 2023, Lifeway Foods, Inc. (Nasdaq: LWAY), a prominent U.S. provider of kefir and fermented probiotic products, unveiled new flavours at the Natural Products Expo West 2023, held at the Anaheim Convention Center in Anaheim, CA from March 7-11th. The lineup included Guava Lowfat Kefir, Organic Strawberry Banana Whole Milk Kefir, and Organic Black Cherry Whole Milk Kefir, alongside seasonal options like Rainbow Cake Lowfat Kefir and Campfire S'mores Lowfat Kefir. Attendees had the exclusive chance to sample these Flavors, all boasting high nutritional value and up to 99% lactose-free content.

Top 6 Probiotic Dietary Supplement Companies in the World:

Twinlab Consolidation Corporation

Headquarters: Florida, United States
Establishment: 1968
Website: www.twinlab.com

Twinlab's journey began in 1968, originating from a garage amid the nascent dietary supplement market. Evolving from a single formula, Twinlab earned acclaim for quality and innovation, fostering renowned brands like Metabolife® and Alvita®. While ownership shifted, their focus on health and wellness persisted. With NSF® GMP for Sport certification, they ensure quality control from production to distribution, supporting over 250 American families. Twinlab's products reach 55 countries, embodying a commitment to customer service, market insight, and transparency, driven by employee ownership and collective goals.

Vitakem Nutraceuticals Inc.

Headquarters: New York, United States
Establishment: 2003
Website: vitakem.com

Founded in 2003, Vitakem Nutraceuticals Inc. prioritises aiding partner companies' success in supplement manufacturing. With a commitment to responding to inquiries within 48 hours, Vitakem ensures efficient production and quality products. Positioned in the recession-proof and expanding nutritional supplement industry, Vitakem fosters long-term partnerships, confirming its role in supporting business growth and tapping into market opportunities.

Dietary Pros, Inc.

Headquarters: Wisconsin, United States
Establishment: 1999
Website: www.dietaryprosinc.com

Dietary Pros, located in Wausau, Wisconsin, is a leading contract manufacturer specialising in dietary supplements. With expertise in probiotics, their skilled team collaborates in a custom-designed facility to produce capsules, tablets, and powder mixes for the nutraceutical industry. Recognised for custom formula creation and private labelling, Dietary Pros ensures supreme quality with NSF 21CFR111 certification. From capsules to RTD powder mixes, their comprehensive services cater to diverse supplement needs, reflecting their commitment to excellence and innovation in the industry.

Chr. Hansen Holding A/S

Headquarters: Hørsholm, Denmark
Establishment: 1874
Website: www.chr-hansen.com

Chr. Hansen and Novozymes have merged to form Novonesis, a global biosolutions company with 10,000 employees. Leveraging microbial and fermentation technology, Novonesis serves 30-plus industries, offering natural ingredient solutions for food, nutrition, pharmaceuticals, and agriculture. The merger, completed on January 29, 2024, aims to unlock the full potential of biosolutions and create value for stakeholders and society. The name "Novonesis," derived from the Greek word for "a new beginning," symbolises a commitment to improving the world through biology.

Archer Daniels Midland Company

Headquarters: Illinois, United States
Establishment: 1902
Website: www.adm.com

ADM, a global nutrition powerhouse, leads in both human and animal nutrition. Leveraging nature's potential, the company converts crops into ingredients and solutions for worldwide consumption. With a focus on enhancing quality of life, the company pioneers advancements in health and well-being through innovative products. Additionally, the company spearheads the transition to plant-based alternatives, reducing reliance on petroleum-based products. As a trusted agricultural supply chain manager, the company ensures food security by bridging local needs with global resources. Committed to sustainability, the company drives industry-wide decarbonisation efforts to protect the planet.

Custom Probiotics Inc.

Headquarters: California, United States
Establishment: 1999
Website: www.customprobiotics.com

CUSTOM PROBIOTICS Inc., founded in 1999 by chemist and chemical engineer Harry Bronozian, offers high-potency single and multi-strain probiotic supplements for both children and adults. With formulations tested for potency by independent laboratories, their products range from 60 billion CFU per capsule to 100-400 billion per gram in powder form. Trusted by medical professionals worldwide, these supplements are free from dairy, sugar, gluten, soy, and artificial ingredients. Developed to combat Helicobacter Pylori, the bacteria causing ulcers, Custom Probiotics aims to promote better health and wellness globally.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124