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Aug 18, 2023

Global Probiotics Dietary Supplements Market to 2030: Growing Awareness of the Importance of Gut Health Fuels the Sector

Global Probiotics Dietary Supplements Market Dublin, July 05, 2023 (GLOBE NEWSWIRE) -- The "Probiotics Dietary Supplements Market Size, Share & Trends Analysis Report By Form (Chewables & Gummies,

Global Probiotics Dietary Supplements Market

Dublin, July 05, 2023 (GLOBE NEWSWIRE) -- The "Probiotics Dietary Supplements Market Size, Share & Trends Analysis Report By Form (Chewables & Gummies, Capsules, Powders, Tablets & Softgels), By End-use, By Application, By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.The global probiotics dietary supplements market size is expected to reach USD 51.84 billion by 2030, registering a CAGR of 14.1% over the forecast periods.

Probiotic dietary supplements have become increasingly popular in recent years, driven by a number of factors. The growing awareness of the importance of gut health and its impact on overall health and well-being. Many consumers are turning to probiotics as a way to support their digestive health, boost their immune system, and improve their mood. In addition, the incidence of digestive disorders is on the rise, leading to increasing demand for probiotic products. Probiotics combat harmful bacteria in the gut and are effective in treating conditions such as intestinal inflammation, antibiotic-associated diarrhea, and urogenital infections.

With the growing awareness of preventative healthcare, the global probiotic market is expected to expand. Probiotics promote gut health and boost immunity, and yogurt is a commonly consumed source of these beneficial microorganisms.Probiotic dietary supplements have gained popularity due to their convenience and the variety of appealing flavors such as apple, orange, and raspberry. These supplements contain lactic acid bacteria, particularly Streptococcus thermophilus and Lactobacillus, which regulate the digestive system and enhance immune responses. Lactobacillus is also effective in treating various conditions such as diarrhea, high cholesterol, skin disorders, irritable bowel syndrome, and lung infections.The leading companies in the industry are heavily investing in research and development, focusing on mergers and acquisitions to enhance their product offerings and create innovative formulations with superior properties to meet the growing demand.

For instance, in November 2022, ADM acquired Deerland Probiotics & Enzymes, a manufacturer of dietary supplements utilizing probiotic, prebiotic, and enzyme technologies. The acquisition is expected to increase ADM's dominance in the functional food and dietary supplement categories.

Companies Mentioned

Vitakem Nutraceuticals Inc

Lesaffre

DuPont de Nemours, Inc.

H&H Group

Symrise

ProbioFerm

Dietary Pros, Inc.

Chr. Hansen Holding A/S

Dr. Joseph Mercola (Mercola Market)

BASF SE

ADM

Amway

Abbott

Bayer AG

Glanbia Plc

Pfizer Inc.

BioGaia

GSK Plc

DSM

Probiotics Dietary Supplements Market Report Highlights

The tablets & softgels form led the market in terms of revenue, with a share of over 40% in 2022. Tablets offer convenience, making them an ideal option for individuals with busy lifestyles. In addition, the robust presence of gelatin production units, along with the increasing demand for nutraceutical products, is expected to provide new opportunities for manufacturers of softgel probiotic dietary supplements globally

Infants is expected to be the fastest-growing among the end-use segments, owing to the growing demand for personalized products that cater to the unique metabolic and intestinal requirements of infants. The infants segment is projected to expand at a CAGR of over 18% during the forecast period

Probiotics are also beneficial for improving sleep quality by reducing inflammation and oxidative stress in the body, as well as by increasing the production of melatonin, a hormone that regulates sleep. In addition, supplements for sexual wellness are also available, which contain probiotics to support healthy vaginal or urinary tract flora

Key Attributes:

Report Attribute

Details

No. of Pages

125

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$18.04 Billion

Forecasted Market Value (USD) by 2030

$51.84 Billion

Compound Annual Growth Rate

14.1%

Regions Covered

Global

Key Topics Covered: Chapter 1. Methodology and ScopeChapter 2. Executive SummaryChapter 3. Probiotic Dietary Supplements Market Variables & Trends3.1. Market Lineage Outlook3.1.1. Parent Market Outlook3.1.1.1. Vitamins, Mineral & Supplements Market3.1.1.2. Global Probiotics Market, 2022 & 20303.1.2. Related Market Outlook3.1.2.1. Probiotic Products Market3.1.2.2. Probiotic Foods Market3.1.2.3. Probiotic Beverages Market By Type3.1.2.3.1. Dairy-based3.1.2.3.2. Non-Dairy3.1.2.4. Total Probiotics Market, By Distribution Channel3.2. Industry Value Chain Analysis3.2.1. Raw Material Trends3.2.1.1. Sugar3.2.1.2. Citric Acid3.2.2. Manufacturing Trends3.3. Regulatory Framework3.4. Market Dynamics3.4.1. Market Driver Analysis3.4.2. Market Restraint Analysis3.4.3. Industry Challenges3.5. Industry Analysis ToolsChapter 4. Probiotic Dietary Supplements Market: Form Analysis & Estimates4.1. Form Movement Analysis & Market Share, 2022 & 20304.2. Chewables & Gummies4.3. Capsules4.4. Powders4.5. Tablets & Softgels4.6. OthersChapter 5. Probiotic Dietary Supplements Market: End-Use Analysis & Estimates5.1. End-Use Movement Analysis & Market Share, 2022 & 20305.2. Infants5.3. Children5.4. Adults5.5. GeriatricChapter 6. Probiotic Dietary Supplements Market: Application Analysis & Estimates6.1. Application Movement Analysis & Market Share, 2022 & 20306.2. Sports Fitness6.3. Energy & Weight Management6.4. General Health6.5. Bone & Joint Health6.6. Gastrointestinal Health6.7. Immunity6.8. Cardiac Health6.9. Diabetes6.10. Anti-Cancer6.11. Skin/Hair/Nails6.12. Brain/Mental Health6.13. OthersChapter 7. Probiotic Dietary Supplements Market: Regional Estimates & Trend AnalysisChapter 8. Probiotic Dietary Supplements Market: Competitive Landscape8.1. Recent Developments & Impact Analysis, By Key Market Participants8.2. Company Categorization8.3. Vendor Landscape8.3.1. List of Key Distributors & Channel Partners8.3.2. Key Customers8.4. Public Companies8.4.1. Company Market Share Analysis8.4.2. Heat Map Analysis8.4.3. Strategy Mapping8.5. Participant's Overview8.6. Financial Performance8.7. Product Benchmarking8.8. Strategy Mapping

For more information about this report visit https://www.researchandmarkets.com/r/l1dw2a

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Global Probiotics Dietary Supplements Market