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The global probiotics dietary supplement market is driven by a growing consumer preference for preventative healthcare and the discovery of effective probiotic strains. Probiotics are important in preventive healthcare because they improve the immune system. As a result, increased awareness about preventive healthcare is likely to drive the market growth throughout the forecast period. The onset of the coronavirus pandemic has positively impacted the demand for probiotic dietary supplements to improve immunity and prevent respiratory infections. Over the last few years, researchers have been paying close attention to probiotics in the context of animal nutrition. This shift can be attributed to a growing focus on non-conventional growth boosters, such as antibiotics, as a means of improving animal health. Various product improvements, such as the development of extended-release and sugar-free, dairy-free, and allergen-free formulations are also helping to drive the industry forward.
Global consumers are getting familiar with probiotics and their potential benefits, leading to the introduction of innovative probiotic products in various delivery formats, including capsules, powders, liquids, and other forms. To enhance consumer convenience, Yakult (TYO:2267) Japan developed its first shelf-stable probiotic supplement sachets in June 2020. Lactic Acid Bacteria and Bifidobacteria probiotic strains are present in the powder form of the sachets.
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The major players in the global probiotic dietary supplements industry are Twinlab Consolidation Corporation, Vitakem Nutraceuticals Inc., Dietary Pros, Inc., Chr. Hansen Holding A/S, Archer Daniels Midland Company, and Custom Probiotics Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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