The global Probiotics Supplements Market evaluates growth trends in the industry and is anticipated to display a significant rise in the CAGR by 2028. Probiotics supplements are beneficial microorganisms, which when consumed in specific quantities, deploys specialty nutrients to the body.
“Manufacturers are offering customized products suiting an individual need. These products have found its wide applications in treating digestive disorders, improving oral health, and boosting the immune system.
The proprietary stabilizer technology has resulted in an overall product efficiency, which is set to drive market growth. Production of efficient probiotic stains has supplemented the food nutrition industry. These stains have been found to have no side effect on the human body and the novel product offering is benefiting the growth of nutritional supplement segment and is expected to continue over the forecast period.
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On the basis of bacteria type segmentation includes Lactobacillus, Bifidobacterium, and Streptococcus. The functional use of probiotics supplement has been segmented into preventive healthcare, regular use, and therapeutic. By end-user, the market can be categorized into adult probiotics, infant probiotics, and animal probiotics.
Based on geography, the probiotics supplement market has been segmented into North America, the Asia Pacific, the Middle East, and Africa, and Latin America. The concentration of key participants in the European region has created a competitive landscape, which is further opening up new opportunities for the entrants striving to capitalize in this growing industry. Also, the rising awareness regarding its easy availability, health benefits, increase in disposable income and the rise in global geriatric population are the primary reasons factoring the growth of probiotics supplements market.
Stakeholders and investors are increasing their spending on research and development activities to scale the latest technologies in their system engineering process. The market offers a multitude of challenges for the industry participants and the gaining decisive understanding of these challenges have impelled the players to pander strategic merger & acquisition activities with their fellow contenders.
The global market is characterized by the presence of major international players and emerging domestic entrants. Some of the key competitors or manufacturers capitalizing in the probiotics supplement market include BioGaia AB, Chr. Hansen Holding A/S, Nebraska Cultures, Vitakem, Yakult Honsha Co. Ltd., Probi AB, Nestle S.A., E. I. du Pont de Nemours and Company, Protexin Danone, Lifeway Foods, Inc., Ganeden, Inc., and others.
Recent advancements in research and development activities have favored the enhancement supplement delivery systems such as sticks and capsules. A vegan probiotic supplement is another major trend that has generated consumer interest among middle-aged demographics.
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Leading players of Probiotics Supplements including:
• Activhealth (Singapore) Pte Ltd
• Pure Healthland
• Nature’s Bounty
• Healthy Choice Naturals
• Number One Nutrition
• Sorvita Nutra Products, LLC.
• HERENEWCO LLC.
• Aspire Vitality
• Nature’s Potent
• NOW Foods
Market split by Type, can be divided into:
• Saccharomyces boulardii
Market split by Application, can be divided into:
• Inflammatory Bowel Disease (IBD)
• Infectious Diarrhea (Caused by Viruses, Bacteria, Or Parasites)
• Antibiotic-Related Diarrhea
Market split by Sales Channel, can be divided into:
• Direct Channel
• Distribution Channel
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/pharmaceuticals
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