North America Probiotic Dietary Supplements Market Share, Size, Trends, Industry Analysis Report, By Form (Chewable and Gummies, Capsules, Powders, Tablets and Soft gels, Others); By Application; By End Use; By Country; Segment Forecast, 2024 - 2032
The north america probiotic dietary supplements market size is expected to reach USD 34.50 Billion by 2032, according to a new study by Polaris Market Research. The report “North America Probiotic Dietary Supplements Market Share, Size, Trends, Industry Analysis Report, By Form (Chewable & Gummies, Capsules, Powders, Tablets & Soft gels, Others); By Application; By End-Use; By Country; Segment Forecast, 2024- 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global market for probiotic supplements is being led by the North American region, primarily due to the growing awareness among consumers about the various health benefits that can be obtained from consuming probiotics. Probiotics are live microorganisms that help support digestive health, boost the immune system, and even enhance mental health. As consumers become more aware of the significance of maintaining a healthy gut balance, the demand for probiotic products that can promote digestive health and overall well-being is increasing. Furthermore, the market is expanding thanks to the growing variety of available probiotic products.
Despite the several positive aspects affecting the probiotic market, its growth could be improved by some challenges. Regulatory uncertainty is one significant challenge, as there is still some ambiguity regarding the classification and labeling of probiotic products. This lack of clarity makes it challenging for manufacturers to introduce new products to the market, which could hinder innovation.
The prevalence of digestive disorders such as inflammatory bowel disease (IBD), irritable bowel syndrome (IBS), and other gastrointestinal issues is on the rise in North America. As a result, there is a growing demand for effective solutions in the region. The market is highly competitive, with several established companies, including ADM, Abbott, and DSM, vying for market share. Manufacturers are involved in different practices to set themselves apart from their competitors and stay ahead in the market. These practices involve allocating resources towards research and development endeavors to introduce novel and advanced probiotic-based supplements, in addition to diversifying the existing product line.
North America Probiotic Dietary Supplements Market Report Highlights
- In 2023, the North American market for probiotic dietary supplements was primarily led by tablets and soft gels. The reason for this dominance was the convenience, ease of use, and familiarity of consumers with these forms.
- In 2023, the market was driven by the adult segment. This was attributed to the growing health consciousness among adults and the surge in demand for preventive healthcare solutions.
- In 2023, the North American market for probiotic dietary supplements was led by the United States in revenue share. This was primarily due to the country's robust dietary supplement industry, which is home to several major players and a significant consumer base.
- The key market players include Abbott, ADM, Amway, BioGaia, Chr. Hansen Holding A/S, Danone, Dietary Pros, Inc., DSM, DuPont, Glanbia Plc, IFF, Lesaffre, etc.
Polaris Market Research has segmented the North American probiotic dietary supplements market report based on form, application, end-use, and country:
North America Probiotic Dietary Supplements, Form Outlook (Revenue - USD Billion, 2019 - 2032)
- Chewable and Gummies
- Capsules
- Powders
- Tablets and Soft gels
- Others
North America Probiotic Dietary Supplements, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- Anti-cancer
- Bone & Joint Health
- Brain/Mental Health
- Cardiac Health
- Diabetes
- Energy & Weight Management
- Food Supplements
- Gastrointestinal Health
- Nutritional Supplements
- Skin/Hair/Nails
- Sports Fitness
- Others
North America Probiotic Dietary Supplements, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)
- Adults
- Children
- Geriatric
- Infants
North America Probiotic Dietary Supplements, Country Outlook (Revenue - USD Billion, 2019 - 2032)