Global Probiotic Dietary Supplements Market 2024-2028
The probiotic dietary supplements market is forecasted to grow by USD 1159.5 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the probiotic dietary supplements market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising awareness of benefits of probiotic supplements, increased awareness of lifestyle-related diseases, and increase in elderly population.
Technavio's probiotic dietary supplements market is segmented as below:
- By Application
- Nutritional supplements
- Specialty nutrients
- Food and beverages
- Infant formula
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growing demand for weight management as one of the prime reasons driving the probiotic dietary supplements market growth during the next few years. Also, increasing investments in r and d and rise in promotional and marketing initiatives will lead to sizable demand in the market.
The report on the probiotic dietary supplements market covers the following areas:
- Probiotic dietary supplements market sizing
- Probiotic dietary supplements market forecast
- Probiotic dietary supplements market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading probiotic dietary supplements market vendors that include Archer Daniels Midland Co., Bayer AG, BioGaia AB, Chr Hansen Holding AS, CUSTOM PROBIOTICS Inc., DuPont de Nemours Inc., glacbiotech Co. Ltd., Koninklijke DSM NV, Lallemand Inc., NutraScience Labs, Pharmacare Laboratories Australia, Probi AB, Reckitt Benckiser Group Plc, ResBiotic, Unique Biotech Ltd., Vertical Pharmaceuticals LLC, Vitakem Nutraceutical Inc., and Winclove BV. Also, the probiotic dietary supplements market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.