DUBLIN, Jan. 3, 2023 /PRNewswire/ -- The "Probiotic Dietary Supplement Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global probiotic dietary supplement market size reached US$ 6.4 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 10.0 Billion by 2027, exhibiting a CAGR of 7.72% during 2021-2027.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor. Probiotic dietary supplements are natural and herbal nutritional compounds consisting of live microbial ingredients. They consist of a combination of live bacteria and yeast to improve the functioning of the gut, intestines and digestive system.
These supplements are a rich source of good bacteria and yeast, such as Lactobacillus, Bifidobacterium and Saccharomyces Boulardii, that aid in reinforcing the immune system and controlling inflammation in the body. The supplements are commonly available in the form of powder stick packs, capsules, tablets and probiotic drops and are usually used in food and nutritional supplements, infant formulas and animal feed.Probiotic Dietary Supplement Market Trends:Rising prevalence of gastrointestinal ailments, such as irritable bowel syndrome, inflammatory bowel disease and diarrhea, across the globe is one of the factors driving the market growth. Probiotic dietary supplements are highly beneficial in improving nutrient absorption and preventing the onset of various medical ailments, such as cancer, tooth decay and neurological disorders.
Moreover, increasing consumer awareness regarding the benefits of regular consumption of health supplements to prevent illnesses is providing a thrust to the market growth. In line with this, the onset of the coronavirus (COVID-19) pandemic has positively impacted the demand for probiotic dietary supplements to improve the immunity and prevent respiratory infections.
Additionally, various product innovations, such as the development of extended-release and sugar-, dairy- and allergen-free formulations, are contributing to the growth of the market. Other factors, including extensive research and development (R&D) activities to identify the novel strains of probiotics, along with the rising geriatric population, which is more susceptible to digestive ailments, are anticipated to drive the market toward growth.
Competitive Landscape:The competitive landscape of the industry has also been examined along with the profiles of the key players being BioGaia, Chr.
How has the global probiotic dietary supplement market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global probiotic dietary supplement market?
What are the key regional markets?
What is the breakup of the market based on the form?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global probiotic dietary supplement market and who are the key players?
What is the degree of competition in the industry?
Key Topics Covered: 1 Preface2 Scope and Methodology3 Executive Summary4 Introduction4.1 Overview4.2 Key Industry Trends5 Global Probiotic Dietary Supplement Market5.1 Market Overview5.2 Market Performance5.3 Impact of COVID-195.4 Market Forecast6 Market Breakup by Form 6.1 Powder Stick Pack6.1.1 Market Trends6.1.2 Market Forecast6.2 Capsule6.2.1 Market Trends6.2.2 Market Forecast6.3 Tablet6.3.1 Market Trends6.3.2 Market Forecast6.4 Probiotic Drops6.4.1 Market Trends6.4.2 Market Forecast7 Market Breakup by Distribution Channel 7.1 Supermarkets and Hypermarkets7.1.1 Market Trends7.1.2 Market Forecast7.2 Pharmacy and Health Stores7.2.1 Market Trends7.2.2 Market Forecast7.3 Online Stores7.3.1 Market Trends7.3.2 Market Forecast7.4 Others7.4.1 Market Trends7.4.2 Market Forecast8 Market Breakup by Application8.1 Food Supplement8.1.1 Market Trends8.1.2 Market Forecast8.2 Nutritional Supplements8.2.1 Market Trends8.2.2 Market Forecast8.3 Specialty Nutrients8.3.1 Market Trends8.3.2 Market Forecast8.4 Infant Formula8.4.1 Market Trends8.4.2 Market Forecast8.5 Others8.5.1 Market Trends8.5.2 Market Forecast9 Market Breakup by Region
10 SWOT Analysis11 Value Chain Analysis12 Porters Five Forces Analysis13 Price Analysis14 Competitive Landscape14.1 Market Structure14.2 Key Players14.3 Profiles of Key Players14.3.1 BioGaia22.214.171.124 Company Overview126.96.36.199 Product Portfolio188.8.131.52 Financials184.108.40.206 SWOT Analysis14.3.2 Chr.
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