Market Highlights: Probiotic supplements, a healthy microorganism that offers various benefits to the body. Probiotics dietary supplements are supplements manufactured by incorporating various strains of probiotics to treat or prevent the occurrence of diseases. Top market players have developed customized products to suit diverse customer needs. Recent advancements in R&D have led to the development of efficient probiotic strains that can sustain different environments and can be used in combination with other ingredients. The market study is being classified by Type (Functional Foods, Dietary Supplements, Specialty Nutrients and Others), by Application (Children and Adults) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Probiotic Supplement are DowDuPont (United States), Yakult Honsha (Japan), Danone, Chr. Hansen (France), Nestle (Switzerland), Valio (Finland), Chr. Hansen (Denmark), The Procter & Gamble Company (United States), Lifeway Foods, Inc. (United States), Morinaga Milk Industry (Japan) and Mother Dairy (India).
In June 2018, Chr. Hansen expanded its product strain library for the development of next-generation probiotics.
Key Questions Answered in the Report What will the Probiotic Supplement Market size and the growth rate be in Future? What are the key factors driving the Probiotic Supplement Market? What are the key market trends and macro-economic impacting the growth of the Probiotic Supplement Market? What are the challenges to market growth? Who are the key vendors in the Probiotic Supplement Market? What are the market opportunities and threats faced by the vendors in the Probiotic Supplement Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Probiotic Supplement Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Probiotic Supplement market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Probiotic Supplement market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Probiotic Supplement Producers, Raw Material Suppliers/Distributors, Probiotic Supplement Distributors/Wholesalers, Government Regulatory Bodies, End Users and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.