The global Probiotics Dietary Supplements market size is expected to be worth around US$ 15.28 billion by 2030, according to a new report by Vision Research Reports.
The global Probiotics Dietary Supplements market size was valued at US$ 7,122.5 million in 2020 and is anticipated to grow at a CAGR of 8.0% during forecast period 2021 to 2030.
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Probiotics Dietary Supplements Market (By Form: Chewables & Gummies, Capsules, Powders, Tablets & Softgels; By End-user: Infants, Children, Adults, Geriatric) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030
Report Coverage
| Report Scope | Details |
| Market Size | US$ 15.28 Billion by 2030 |
| Growth Rate | CAGR of 8.0% From 2021 to 2030 |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Form, End-user |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Probi; Vitakem Nutraceutical, Inc.; Chr. Hansen Holding A/S; ProbioFerm; Probium; ADM; Dr. Joseph Mercola; Deerland Probiotics and Enzymes, Inc.; DSM; BioGaia |
Growth Factors
The growing demand for solutions over concerns related to digestive health is expected to augment the market growth. Diarrhea, nausea, and vomiting are a few of the symptoms observed in COVID-19 patients. Studies on using probiotics against coronavirus infection have been carried out since the disease outbreak in 2020.
The potential of probiotics in improving the symptoms of COVID-19 is expected to boost market growth. The rising application scope of probiotics in feminine health is further expected to fuel the product demand. Poor urogenital health due to microbial imbalance can lead to the occurrence of conditions, such as infertility, bacterial vaginosis, and preterm birth in women.
By Form Analysis
The capsules segment dominated the market with a share of more than 33.8% in 2020. Capsules, such as Capsugel DRcaps, have a modified release mechanism that is intended for targeted release of probiotics in the gut that increases its absorption efficiency compared to traditional capsules.
Powders are easy to consume for people having difficulties swallowing capsules or tablets. Thus, manufacturers are developing products in powder form that are readily mixed with water, juice, or milk.
The chewables & gummies segment is estimated to register the fastest CAGR over the forecast period as products in the forms are sweet and easy to consume. Products development efforts for targeted delivery of tablets are expected to support the growth of the tablet segment.
By End-user Analysis
The adults segment dominated the market with a revenue share of 53.7% in 2020. Rising cases of gastrointestinal problems in adults have pushed the development of probiotic supplements.
Probiotic supplements for infants are commonly offered in powder or liquid forms, wherein the products do not have their own taste. These products therefore can be easily mixed with infant formulas, pumped breast milk, and other liquids that are fed to the baby.
Players are focusing on offering probiotic supplements providing solutions to health concerns related to children. For instance, the Culturelle brand offers Culturelle Kids Ultimate Balance for Antibiotics, which are chewable tablets for children in the age group of 3 to 12 years.
Reported cases of deaths due to intestinal inflammation and other irritable bowel disorders, such as Crohn’s disease and ulcerative colitis, have been rising among the older population in the recent past.
By Regional Analysis
North America emerged as one of the most prominent regional markets accounting for a revenue share of 40% in 2020. North America has a vast population facing rising cases of obesity and digestive distress on account of their dietary habits.
Europe is expected to grow at a significant CAGR of 7.3% over the forecast period owing to the rising adoption of supplement products. For instance, as per Synadiet Survey 2020, about 36% of the surveyed population in France consumed food supplements and natural health products to boost immunity after the emergence of COVID-19.
Asia Pacific is likely to register the fastest CAGR from 2020 to 2030. The players are focusing on enhancing the efficiency of their products using advanced technologies to gain a strong market foothold.
By Regional Analysis
North America emerged as one of the most prominent regional markets accounting for a revenue share of 39% in 2020. North America has a vast population facing rising cases of obesity and digestive distress on account of their dietary habits.
Europe is expected to grow at a significant CAGR of 7.3% over the forecast period owing to the rising adoption of supplement products.
Asia Pacific is likely to register the fastest CAGR from 2020 to 2030. The players are focusing on enhancing the efficiency of their products using advanced technologies to gain a strong market foothold. The product demand in Central & South America is primarily driven by the rising governmental initiatives for health and nutrition in countries, such as Brazil.
Key Players
- Probi
- Vitakem Nutraceutical, Inc.
- Chr. Hansen Holding A/S
- ProbioFerm
- Probium
- ADM
- Dr. Joseph Mercola
- Deerland Probiotics and Enzymes, Inc.
- DSM
- BioGaia
Market Segmentation
- By Form
- Chewables & Gummies
- Capsules
- Powders
- Tablets & Softgels
- Others
- By End-user
- Infants
- Children
- Adults
- Geriatric
- Regional
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Italy
- Asia Pacific
- China
- Japan
- India
- Australia
- Central & South America (CSA)
- Brazil
- Middle East & Africa (MEA)
- South Africa
- North America
The study objectives of this report are:
- To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
- Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
- To strategically profile the key players and comprehensively analyze their growth strategies.
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