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Global Probiotic Dietary Supplements Market: By Application: Food Supplements, Nutritional Supplements, Speciality Nutrients, Infant Formula; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments

Global Probiotic Dietary Supplements Market Outlook

The global probiotic dietary supplements market reached a value of about USD 6.65 billion in 2021. The industry is further expected to grow at a CAGR of 8.60% in the forecast period of 2023-2028 to reach a value of nearly USD 10.91 billion by 2027.

 

Global Probiotic Dietary Supplements Market

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Europe Accounts for a Significant  Share in the Global Market for Probiotic Dietary Supplements

Europe is a leading region dominating the market growth of probiotic dietary supplements. The growth of the market is being driven by strong consumer awareness about probiotics usage, easy availability aided by the existence of large industry manufacturers, and focus on product innovation. Further, the increasing concerns of consumers on preventive healthcare and the effectiveness of probiotic bacteria on health are additional factors propelling the growth of the regional market. The market growth can further be attributed to robust investments in research and development to develop new items to attract customer attention.

 

Probiotic Dietary Supplements: Market Segmentation

Probiotic dietary supplements are live microbial components in natural and herbal nutritional substances. They are made up of a mix of live bacteria and yeast that help the gut, intestines, and digestive system work better. Lactobacillus, Bifidobacterium, and Saccharomyces boulardii are among the healthy bacteria and yeast found in these supplements, which help to strengthen the immune system and manage inflammation in the body.

 

Global Probiotic Dietary Supplements Market By Segment

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Based on application, the market can be divided into:

  • Food Supplements
  • Nutritional Supplements
  • Speciality Nutrients
  • Infant Formula

The EMR report looks into the regional markets for probiotic dietary supplements like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Probiotic Dietary Supplements Market By Region

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Rising Health Awareness Among Individuals is Boosting the Market Growth

The global market for probiotic dietary supplements is being driven by rising health awareness among individuals and the various health benefits offered by probiotic dietary supplements. The increasing prevalence of diseases such as obesity, diabetes, and blood pressure as a result of a hectic lifestyle and poor diet are some of the factors boosting the consumption of these supplements to improve the immune system and treat various gastrointestinal diseases, breast cancer, and dental caries, among others.

Further, the growing adoption of probiotic dietary supplements for the preparation of speciality nutrients in infant formulae to avoid stomach related diseases, better growth, and development of infants, is positively influencing the market growth. In addition to this, the increasing consumer preference for natural products and the effectiveness of probiotic bacteria on health are additional factors supporting the growth of the market.

 

Key Industry Players in the Global Probiotic Dietary Supplements Market

The report gives a detailed analysis of the following key players in the global probiotic dietary supplements market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Twinlab Consolidation Corporation
  • Vitakem Nutraceuticals Inc.
  • Dietary Pros, Inc.
  • Chr. Hansen Holding A/S
  • Archer Daniels Midland Company
  • Custom Probiotics Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region
Breakup by Application Food Supplements, Nutritional Supplements, Speciality Nutrients, Infant Formula
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Twinlab Consolidation Corporation, Vitakem Nutraceuticals Inc., Dietary Pros, Inc.,
Chr. Hansen Holding A/S, Archer Daniels Midland Company, Custom Probiotics Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Probiotic Dietary Supplements Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Probiotic Dietary Supplements Historical Market (2018-2022) 
    8.3    Global Probiotic Dietary Supplements Market Forecast (2023-2028)
    8.4    Global Probiotic Dietary Supplements Market by Application
        8.4.1    Food Supplements
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Nutritional Supplements
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Speciality Nutrients
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
        8.4.4    Infant Formula
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2022)
            8.4.4.3    Forecast Trend (2023-2028)    
    8.5    Global Probiotic Dietary Supplements Market by Region
        8.5.1    North America
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022) 
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Europe
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022) 
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Asia Pacific
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022) 
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Latin America
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022) 
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Middle East and Africa
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022) 
            8.5.5.3    Forecast Trend (2023-2028)
9    North America Probiotic Dietary Supplements Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Probiotic Dietary Supplements Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Probiotic Dietary Supplements Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Probiotic Dietary Supplements Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Probiotic Dietary Supplements Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market  Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1     Twinlab Consolidation Corporation
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Vitakem Nutraceuticals Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Dietary Pros, Inc. 
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Chr. Hansen Holding A/S
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Archer Daniels Midland Company
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Custom Probiotics Inc.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Probiotic Dietary Supplements Market: Key Industry Highlights, 2018 and 2028
2.    Global Probiotic Dietary Supplements Historical Market: Breakup by Application (USD Billion), 2018-2022
3.    Global Probiotic Dietary Supplements Market Forecast: Breakup by Application (USD Billion), 2023-2028
4.    Global Probiotic Dietary Supplements Historical Market: Breakup by Region (USD Billion), 2018-2022
5.    Global Probiotic Dietary Supplements Market Forecast: Breakup by Region (USD Billion), 2023-2028
6.    North America Probiotic Dietary Supplements Historical Market: Breakup by Country (USD Billion), 2018-2022
7.    North America Probiotic Dietary Supplements Market Forecast: Breakup by Country (USD Billion), 2023-2028
8.    Europe Probiotic Dietary Supplements Historical Market: Breakup by Country (USD Billion), 2018-2022
9.    Europe Probiotic Dietary Supplements Market Forecast: Breakup by Country (USD Billion), 2023-2028
10.    Asia Pacific Probiotic Dietary Supplements Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    Asia Pacific Probiotic Dietary Supplements Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Latin America Probiotic Dietary Supplements Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Latin America Probiotic Dietary Supplements Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Middle East and Africa Probiotic Dietary Supplements Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Middle East and Africa Probiotic Dietary Supplements Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Global Probiotic Dietary Supplements Market Structure

Key Questions Answered in the Report

In 2021, the global probiotic dietary supplements market attained a value of about USD 6.65 billion.

The market is projected to grow at a CAGR of 8.60% between 2023 and 2028.

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach a value of nearly USD 10.91 billion by 2027.

The market is being driven by the increasing adoption of probiotic diets owing to increasing gastrointestinal disorders, and growing focus on personal health.

The introduction of exciting flavours, organic ingredients, and affordable prices are some of the factors shaping the growth of the market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant applications of probiotic dietary supplements are food supplements, nutritional supplements, speciality nutrients, and infant formula.

The major players in the 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.

Analyst Review

The global probiotic dietary supplements market attained a value of about USD 6.65 billion in 2021, driven by the rising health awareness among individuals. Aided by the introduction of unique flavours, the market is expected to witness a further growth in the forecast period of 2023-2028, growing ar a CAGR of 8.60% to reach nearly USD 10.91 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The significant applications of probiotic dietary supplements are food supplements, nutritional supplements, speciality nutrients, and infant formula. The major regional markets for probiotic dietary supplements are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market 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.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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