Reports
Global Probiotic Supplements Market: By Source: Bacteria, Yeast, Others; By Form: Liquid, Dry; By Distribution Channel: Hypermarkets and Supermarkets, Pharmacies, Online, Others; By Application; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Probiotic Supplements Market Outlook
The global probiotic supplements market is expected to grow in the forecast period of 2023-2028 at a CAGR of 9.8%.
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Health Benefits Associated with Probiotics Boosting the Growth of Probiotic Supplements Industry
The increasing awareness regarding the health benefits of probiotics is aiding the market growth for probiotic supplements. Moreover, digestion related-issues are surging considerably owing to unhealthy eating habits, obesity, and stress due to hectic lifestyles. This is increasing the demand for probiotic supplements, the good bacteria, to restore the balance of the gut bacteria. With the intake of probiotic supplements, mental health disorders related to gut health can effectively decrease depression levels while providing general benefits for health, stress, and anxiety. This is augmenting the market growth. Moreover, it can prevent diarrhoea associated with the consumption of antibiotics. The rise of heart-related issues is also increasing the demand for probiotic supplements to lower blood pressure and cholesterol levels. Such health benefits associated with the intake of probiotic supplements are invigorating the industry growth.
Europe is witnessing robust growth owing to the increasing awareness regarding the benefits of dietary supplements. Moreover, the region has one of the largest geriatric populations, among whom digestive issues are highly prevalent, consequently fuelling the expansion of the probiotic supplements industry. Also, the rising inclination towards preventing diseases due to the inaccessibility of medical aid for many people is further facilitating the market growth. In addition, the development of innovative products by the major companies in this area is providing further impetus to the industry growth, hence contributing significantly to the overall market growth.
Probiotic Supplements: Market Segmentation
Probiotics are living microorganisms, especially bacteria and yeast, the consumption of which is associated with various health benefits. Probiotic supplements are a dietary supplement that is usually extracted from food sources to increase the consumption of probiotics to provide numerous health benefits.
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The major sources of probiotic supplements are:
- Bacteria
- Yeast
- Others
The market can be broadly categorised on the basis of its forms into:
- Liquid
- Dry
- Capsules
- Chewable
- Tablets
- Powder
- Others
On the basis of distribution channels, the market is segmented into:
- Hypermarkets and Supermarkets
- Pharmacies
- Online
- Others
Based on application, the market is divided into:
- Gastrointestinal Health
- Immune Health
- Oral Health
- Urinary Tract Health
- Vaginal Health
- Others
The EMR report looks into the regional markets of probiotic supplements like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand for Immunity Boosters Owing to the Coronavirus Pandemic Bolstering the Market Growth
The surge of the coronavirus pandemic has increased the demand for dietary supplements for boosting immunity. Moreover, research regarding the consumption of probiotic supplements to reduce the risk of virus contraction is increasing the demand for probiotic supplements, hence augmenting the market growth. Further clinical evidence suggesting the role of probiotics to enhance the bioavailability of nutrients and regulate the bacterial ecosystem is also invigorating the market growth. Moreover, the surge of the second wave of the pandemic in many countries and the constant mutation of the virus are increasing the demand for immunity boosters. This, in turn, is providing further impetus to the growth of the probiotic supplements industry.
The rising awareness regarding the benefits of probiotic supplements and increasing health consciousness is expected to positively impact the market growth in the forecast period. Moreover, the rising popularity of online retail shopping in both developing and developed countries is increasing the availability of wide products for specific consumer demands. This, in turn, is escalating the demand for probiotic supplements, further propelling the industry growth. The development of age-specific protein supplements is also catalysing the market growth.
Key Industry Players in the Global Probiotic Supplements Market
The report presents a detailed analysis of the following key players in the global probiotic supplements market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- BioGaia AB
- i-Health, Inc. (DSM)
- DuPont de Nemours, Inc.
- Probi AB
- Sanofi
- Lifeway Foods Inc.
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| 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- Source, Form, Distribution Channel, Application, Region |
| Breakup by Source | Bacteria, Yeast, Others |
| Breakup by Form | Liquid, Dry |
| Breakup by Distribution Channel | Hypermarkets and Supermarkets, Pharmacies, Online, Others |
| Breakup by Application | Gastrointestinal Health, Immune Health, Oral Health, Urinary Tract Health, Vaginal Health, Others |
| 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 |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | BioGaia AB, i-Health, Inc. (DSM), DuPont de Nemours, Inc., Probi AB, Sanofi, Lifeway Foods 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 Supplements Market Analysis
8.1 Key Industry Highlights
8.2 Global Probiotic Supplements Historical Market (2018-2022)
8.3 Global Probiotic Supplements Market Forecast (2023-2028)
8.4 Global Probiotic Supplements Market by Source
8.4.1 Bacteria
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Yeast
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Others
8.5 Global Probiotic Supplements Market by Form
8.5.1 Liquid
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Dry
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.2.3 Breakup by Type
8.5.2.3.1 Capsules
8.5.2.3.1.1 Historical Trend (2018-2022)
8.5.2.3.1.2 Forecast Trend (2023-2028)
8.5.2.3.2 Chewable
8.5.2.3.2.1 Historical Trend (2018-2022)
8.5.2.3.2.2 Forecast Trend (2023-2028)
8.5.2.3.3 Tablets
8.5.2.3.3.1 Historical Trend (2018-2022)
8.5.2.3.3.2 Forecast Trend (2023-2028)
8.5.2.3.4 Powder
8.5.2.3.4.1 Historical Trend (2018-2022)
8.5.2.3.4.2 Forecast Trend (2023-2028)
8.5.2.3.5 Others
8.6 Global Probiotic Supplements Market by Distribution Channel
8.6.1 Hypermarkets and Supermarkets
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Pharmacies
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Online
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Probiotic Supplements Market by Application
8.7.1 Gastrointestinal Health
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Immune Health
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Oral Health
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Urinary Tract Health
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Vaginal Health
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
8.7.6 Others
8.8 Global Probiotic Supplements Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2022)
8.8.1.2 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2022)
8.8.2.2 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2022)
8.8.3.2 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2022)
8.8.4.2 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2022)
8.8.5.2 Forecast Trend (2023-2028)
9 North America Probiotic Supplements Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Probiotic Supplements Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Probiotic Supplements Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Probiotic Supplements Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Probiotic Supplements Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 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 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 BioGaia AB
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 i-Health, Inc. (DSM)
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 DuPont de Nemours, Inc.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Probi AB
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Sanofi
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Lifeway Foods Inc.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Probiotic Supplements Market: Key Industry Highlights, 2018 and 2028
2. Global Probiotic Supplements Historical Market: Breakup by Source (USD Billion), 2018-2022
3. Global Probiotic Supplements Market Forecast: Breakup by Source (USD Billion), 2023-2028
4. Global Probiotic Supplements Historical Market: Breakup by Form (USD Billion), 2018-2022
5. Global Probiotic Supplements Market Forecast: Breakup by Form (USD Billion), 2023-2028
6. Global Probiotic Supplements Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2022
7. Global Probiotic Supplements Market Forecast: Breakup by Distribution Channel (USD Billion), 2023-2028
8. Global Probiotic Supplements Historical Market: Breakup by Application (USD Billion), 2018-2022
9. Global Probiotic Supplements Market Forecast: Breakup by Application (USD Billion), 2023-2028
10. Global Probiotic Supplements Historical Market: Breakup by Region (USD Billion), 2018-2022
11. Global Probiotic Supplements Market Forecast: Breakup by Region (USD Billion), 2023-2028
12. North America Probiotic Supplements Historical Market: Breakup by Country (USD Billion), 2018-2022
13. North America Probiotic Supplements Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Europe Probiotic Supplements Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Europe Probiotic Supplements Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Asia Pacific Probiotic Supplements Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Asia Pacific Probiotic Supplements Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Latin America Probiotic Supplements Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Latin America Probiotic Supplements Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Middle East and Africa Probiotic Supplements Historical Market: Breakup by Country (USD Billion), 2018-2022
21. Middle East and Africa Probiotic Supplements Market Forecast: Breakup by Country (USD Billion), 2023-2028
22. Global Probiotic Supplements Market Structure
Key Questions Answered in the Report
The global probiotic supplements market is projected to grow at a CAGR of 9.8% between 2023 and 2028.
The market is being aided by the rising awareness regarding the health benefits of probiotics, surging digestive and heart-related issues, and prevalence of digestive issues in the growing geriatric population.
The industry is expected to be driven by the rising demand for immunity boosters owing to the coronavirus pandemic, surging health-consciousness, and the growing popularity of online retail store.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The dominant sources of probiotic supplements are bacteria and yeast, among others.
The major forms of probiotic supplements in the industry are liquid and dry.
The significant distribution channels in the market are hypermarkets and supermarkets, pharmacies, and online, among others.
Gastrointestinal health, immune health, oral health, urinary tract health, and vaginal health, among others are the leading applications of probiotic supplements.
The major players in the industry are BioGaia AB, i-Health, Inc. (DSM), DuPont de Nemours, Inc., Probi AB, Sanofi, and Lifeway Foods Inc., among others.
Analyst Review
The global probiotic supplements market is driven by the rising awareness regarding the health benefits of probiotics. Aided by the growing demand for immunity boosters, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 9.8%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its sources, the probiotic supplements industry can be segmented into bacteria and yeast, among others. By forms, the market is bifurcated into liquid and dry. On the basis of distribution channels, the industry is divided into hypermarkets and supermarkets, pharmacies, and online, among others. Based on application, the market is classified into gastrointestinal health, immune health, oral health, urinary tract health, and vaginal health, among others. The major regional markets for probiotic supplements are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include BioGaia AB, i-Health, Inc. (DSM), DuPont de Nemours, Inc., Probi AB, Sanofi, and Lifeway Foods 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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