Market Snapshot:
Probiotics are naturally occurring, live, healthy bacteria or yeasts that are found in the human body. Most people believe that bacteria are pathogenic organisms. On the other hand, both good and dangerous bacteria are constantly present in and on your body. Probiotics are healthy bacteria that support the body's normal operations. This beneficial bacterium helps humans in several ways, including helping you feel better and fending off bad bacteria when there are too many of them. In order to preserve equilibrium when a person has an infection, the good bacteria in the bodywork to flush out the bad ones. Therefore, probiotic dietary supplements are either supplements or a way to get good bacteria into the body. The probiotic-based dietary supplements market is anticipated to grow significantly due to the immense health advantages of probiotics, notably in the human digestive system and Bifidobacterium babies.
Highlights from Probiotics Based Dietary Supplement Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key Players profiled in the report are Vitakem Nutraceuticals Inc. (United States), ProbioFerm (United States), Probium (United States), Chr. Hansen Holding A/S (Denmark), Rajvi Enterprise (India), Probi (Sweden), ADM (United States), BioGaia (Sweden), Deerland Probiotics and Enzymes Inc. (United States) and DSM (Netherlands). Additionally, other players that are part of this comprehensive study are Bifodan (Denmark), Custom Probiotics Inc. (United States), Nutraceutix (United States) and BioCare Copenhagen (Denmark).
Geographic Breakdown and Segment Analysis
The Global Probiotics Based Dietary Supplement market presents a comprehensive analysis of the Probiotics Based Dietary Supplement market by product type (Capsules and Pills, Powders and Fermented Foods), by end-user/application (Immune System Support, Vaginal Health and Skin Health), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Probiotics Based Dietary Supplement industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Probiotics Based Dietary Supplement market
Analyst at AMA have segmented the market study of Global Probiotics Based Dietary Supplement market by Type, Application and Region.
Influencing Trend:
Rising Usage of Healthy Probiotic Dietary Supplements among Millennials, The surge in Demand for Immune Health, Vitamin, and Minerals amid Covid-19 and Increasing Instances of Direct Purchase in Bulk
Market Growth Drivers:
Increasing Consumer Awareness of Preventive Healthcare, Global Functional Food Industry Growth and The efficiency of Probiotic Microorganisms
Challenges:
Integration of Probiotics in Functional Foods Is Complicated and Probiotic Intolerance to Bile and Stomach Acid
Restraints:
Lack of Knowledge about the Effectiveness and Application of Probiotics
Opportunities:
R&D Activities to Develop Efficient Probiotic Strains, Pharmaceuticals Can Be Replaced By Probiotics, Use of Antibiotic Growth Promoters in Feed Is Prohibited in Europe and Probiotics are Becoming More Popular in Developed Economies
Market Developments Activities:
In September 2020, Chr. Hansen Holding A/S acquired all of the shares of Jennewein Biotechnologie GmbH, which is a leading player in the Human Milk Oligosaccharides market. The acquisition of Jennewein strengthens and expands Chr. Hansen’s microbial and fermentation technology platforms by adding the emerging and exciting, high-growth business area of human milk oligosaccharides.
In Jun-2021: Probi partnered with Oriflame, a swiss multinational multi-level marketing company in Sweden. Through this partnership, the companies aimed to launch probiotic supplements across the world in the general gut health segment. The new product is made up of laboratory-tested probiotic strains and includes verified health effects. Moreover, it is a customized formulation derived from Probi Digestis, a concept of Probi.
Global Probiotics Based Dietary Supplement is a fragmented market due to the presence of various players. The players are focusing on investing more in launching products to create and retain a wider consumer base. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Key Target Audience
Probiotics Developers, Probiotics suppliers, Regulatory Bodies, Potential Investors, Research and Development Institutes, End User and Others