Global Probiotics Dietary Supplements Market Size, Share, Growth, Industry Trends, Competitive Analysis and Forecast to 2030
Report ID: RC84670 | Report Format: PDF + Excel | Starting Price: 3600/- USD | Last Updated: April 14th, 2023The global probiotic dietary supplements market size is accounted to register a sustainable CAGR of over 7.5% during the forecast period and expected to reach over USD 7 billion by 2027. The increasing consumer awareness regarding health benefits of probiotic supplement across the globe is a primary factor to drive the market. Furthermore, the increasing consumer preference and growing investment to develop new products by companies is expected to increase the demand for probiotics dietary supplements. Moreover, the increasing demand for infant formula is expected to fuel the market growth.
Furthermore, the increasing demand for weight management is another major factor to drive the market growth positively due to the increasing obesity rate across the globe. Moreover, the key benefits of probiotics for health conditions, such as immunity boosting, women’s health, and sports nutirition is expected to increase the demand for probiotics supplements, which is projected to propel the market growth. In addition, the increasing investment in research and development, government regulations, growing awareness towards healthy lifestyle is projected to increase the demand for probiotics over the forecast period.
Report Attributes:
Benchmark Year | 2022 | ||
Market Size | lock | ||
Market Growth (CAGR) | > 7.5% (2023-2030) | ||
Largest Market Share | lock | ||
Analysis Period | 2020-2030 | ||
Market Players | NutraScience Labs., Vitakem Nutraceuticals, Inc., ProbioFerm, Probium LLC., and Chr. Hansen Holding A/S |
Market Insights:
The global probiotics dietary supplements market is bifurcated into application, distribution channel, and geography. On the basis of application, the market is further classified into food supplements, specialty nutrients, and infant formula. The specialty nutrients segment is accounted to hold the largest market share by revenue due to its better digestive property. Furthermore, the key benefits provided by the specialty nutrients such as immunity-boosting, encourage digestive system, and prevent cardiovascular disease has contributed the market growth.
By distribution channel, the probiotics dietary supplement market is segmented into supermarket, retail stores, and e-commerce. The supermarket segment held the largest market share and expected to maintain its dominance over the forecast period. The supermarket is the most preferred shopping destination for consumers due to the ability to showcase a diverse product portfolio under one roof. The e-Commerce is expected to witness a spectacular growth of the market in the near future and boost its market growth. The availability of high-speed Internet, smart phones and attractive discounts, and the increasing market access of coupons.
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The probiotic dietary supplements comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2020 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.
The probiotic dietary supplements market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.
Historical & Forecast Period
- 2018-19 – Historical Year
- 2020 – Base Year
- 2021-2027 – Forecast Period
Market Segmentation:
By Application:
- Food Supplements
- Specialty Nutrients
- Infant Formula
By Distribution Channel:
- Supermarket
- Retail Stores
- E-commerce
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Geographic Coverage:
Geographically, the probiotic dietary supplements market report comprises dedicated sections centering on the regional market revenue and trends. The probiotic dietary supplements market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The probiotic dietary supplements market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Probiotic dietary supplements market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2021 – 2027.
Competition Assessment:
Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy. Key players operating in the global probiotic dietary supplements market are NutraScience Labs., Vitakem Nutraceuticals, Inc., ProbioFerm, Probium LLC., and Chr. Hansen Holding A/S.
Key Companies:
- NutraScience Labs.
- Vitakem Nutraceuticals, Inc.
- ProbioFerm
- Probium LLC.
- Hansen Holding A/S
- Protexin (Archer Daniels Midland)
- Nutraceutix (Probi)
- Mercola Probiotics
- Unison Laboratories Co Ltd.
- Custom Probiotics, Inc.
Key Questions Answered by Probiotic Dietary Supplements Market Report:
- Global probiotic dietary supplements market forecasts from 2021-2027
- Regional probiotic dietary supplements market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
- Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
- Probiotic dietary supplements submarket forecasts from 2021-2027 covering the market by application, by distribution channel, and geography
- Various industry models such as SWOT analysis, Value Chain Analysis pertaining to probiotic dietary supplements market
- Analysis of the key factors driving and restraining the growth of the global, regional and country-level probiotic dietary supplements markets from 2021-2027
- Competitive Landscape and market positioning of top 10 players operating in the probiotic dietary supplements market
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions
2. Executive Summary
2.1. Global Probiotic Dietary Supplements Market Portraiture
2.2. Global Probiotic Dietary Supplements Market, by Application, 2020 (USD Mn)
2.3. Global Probiotic Dietary Supplements Market, by Distribution Channel, 2020 (USD Mn)
2.4. Global Probiotic Dietary Supplements Market, by Geography, 2020 (USD Mn)
3. Global Probiotic Dietary Supplements Market Analysis
3.1. Probiotic Dietary Supplements Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. COVID-19 Impact Analysis
3.6.1. V Shaped Recovery
3.6.2. U Shaped Recovery
3.6.3. L Shaped Recovery
3.6.4. W Shaped Recovery
4. Global Probiotic Dietary Supplements Market By Application, 2018 – 2027 (USD Mn)
4.1. Overview
4.2. Food Supplements
4.3. Specialty Nutrients
4.4. Infant Formula
5. Global Probiotic Dietary Supplements Market By Distribution Channel, 2018 – 2027 (USD Mn)
5.1. Overview
5.2. Supermarket
5.3. Retail Stores
5.4. E-commerce
6. North America Probiotic Dietary Supplements Market Analysis and Forecast, 2018 – 2027 (USD Mn)
6.1.1. Overview
6.1.2. North America Probiotic Dietary Supplements Market by Application (2018-2027 USD Mn)
6.1.3. North America Probiotic Dietary Supplements Market by Distribution Channel (2018-2027 USD Mn)
6.1.4. North America Probiotic Dietary Supplements Market by Country (2018-2027 USD Mn)
6.1.4.1. U.S.
6.1.4.2. Canada
7. Europe Probiotic Dietary Supplements Market Analysis and Forecast, 2018 – 2027 (USD Mn)
7.1.1. Overview
7.1.2. Europe Probiotic Dietary Supplements Market by Application (2018-2027 USD Mn)
7.1.3. Europe Probiotic Dietary Supplements Market by Distribution Channel (2018-2027 USD Mn)
7.1.4. Europe Probiotic Dietary Supplements Market by Country (2018-2027 USD Mn)
7.1.4.1. Germany
7.1.4.2. U.K.
7.1.4.3. France
7.1.4.4. Italy
7.1.4.5. Rest of Europe
8. Asia Pacific Probiotic Dietary Supplements Market Analysis and Forecast, 2018 – 2027 (USD Mn)
8.1.1. Overview
8.1.2. Asia Pacific Probiotic Dietary Supplements Market by Application (2018-2027 USD Mn)
8.1.3. Asia Pacific Probiotic Dietary Supplements Market by Distribution Channel (2018-2027 USD Mn)
8.1.4. Asia Pacific Probiotic Dietary Supplements Market by Country (2018-2027 USD Mn)
8.1.4.1. China.
8.1.4.2. Japan
8.1.4.3. Rest of Asia Pacific
9. Latin America (LATAM) Probiotic Dietary Supplements Market Analysis and Forecast, 2018 – 2027 (USD Mn)
9.1.1. Overview
9.1.2. Latin America Probiotic Dietary Supplements Market by Application (2018-2027 USD Mn)
9.1.3. Latin America Probiotic Dietary Supplements Market by Distribution Channel (2018-2027 USD Mn)
9.1.4. Latin America Probiotic Dietary Supplements Market by Country (2018-2027 USD Mn)
9.1.4.1. Brazil
9.1.4.2. Mexico
9.1.4.3. Rest of Latin America
10. Middle East and Africa Probiotic Dietary Supplements Market Analysis and Forecast, 2018 – 2027 (USD Mn)
10.1.1. Overview
10.1.2. MEA Probiotic Dietary Supplements Market by Application (2018-2027 USD Mn)
10.1.3. MEA Probiotic Dietary Supplements Market by Distribution Channel (2018-2027 USD Mn)
10.1.4. Middle East and Africa Probiotic Dietary Supplements Market, by Country (2018-2027 USD Mn)
10.1.4.1. GCC
10.1.4.2. Rest of MEA
11. Company Profiles
11.1. NutraScience Labs.
11.1.1. Business Description
11.1.2. Financial Health and Budget Allocation
11.1.3. Product Positions/Portfolio
11.1.4. Recent Development
11.1.5. SWOT Analysis
11.2. Vitakem Nutraceuticals, Inc.
11.2.1. Business Description
11.2.2. Financial Health and Budget Allocation
11.2.3. Product Positions/Portfolio
11.2.4. Recent Development
11.2.5. SWOT Analysis
11.3. ProbioFerm
11.3.1. Business Description
11.3.2. Financial Health and Budget Allocation
11.3.3. Product Positions/Portfolio
11.3.4. Recent Development
11.3.5. SWOT Analysis
11.4. Probium LLC.
11.4.1. Business Description
11.4.2. Financial Health and Budget Allocation
11.4.3. Product Positions/Portfolio
11.4.4. Recent Development
11.4.5. SWOT Analysis
11.5. Chr. Hansen Holding A/S
11.5.1. Business Description
11.5.2. Financial Health and Budget Allocation
11.5.3. Product Positions/Portfolio
11.5.4. Recent Development
11.5.5. SWOT Analysis
11.6. Protexin (Archer Daniels Midland)
11.6.1. Business Description
11.6.2. Financial Health and Budget Allocation
11.6.3. Product Positions/Portfolio
11.6.4. Recent Development
11.6.5. SWOT Analysis
11.7. Nutraceutix (Probi)
11.7.1. Business Description
11.7.2. Financial Health and Budget Allocation
11.7.3. Product Positions/Portfolio
11.7.4. Recent Development
11.7.5. SWOT Analysis
11.8. Mercola Probiotics
11.8.1. Business Description
11.8.2. Financial Health and Budget Allocation
11.8.3. Product Positions/Portfolio
11.8.4. Recent Development
11.8.5. SWOT Analysis
11.9. Unison Laboratories Co Ltd.
11.9.1. Business Description
11.9.2. Financial Health and Budget Allocation
11.9.3. Product Positions/Portfolio
11.9.4. Recent Development
11.9.5. SWOT Analysis
11.10. Custom Probiotics, Inc.
11.10.1. Business Description
11.10.2. Financial Health and Budget Allocation
11.10.3. Product Positions/Portfolio
11.10.4. Recent Development
11.10.5. SWOT Analysis
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List of Tables:
TABLE 1 Market Snapshot: Global Probiotic Dietary Supplements Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Challenges
TABLE 4 Global Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 5 Global Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 6 North America Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 7 North America Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 8 North America Probiotic Dietary Supplements Market Value, By Country, 2018 - 2027 (US$ Mn)
TABLE 9 U.S. Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 10 U.S. Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 11 Canada Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 12 Canada Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 13 Europe Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 14 Europe Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 15 Europe Probiotic Dietary Supplements Market Value, by Country, 2018 - 2027 (US$ Mn)
TABLE 16 Germany Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 17 Germany Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 18 U.K. Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 19 U.K. Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 20 France Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 21 France Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 22 Italy Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 23 Italy Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 24 Rest of Europe Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 25 Rest of Europe Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 26 Asia Pacific Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 27 Asia Pacific Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 28 Asia Pacific Probiotic Dietary Supplements Market Value, by Country, 2018 - 2027 (US$ Mn)
TABLE 29 Japan Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 30 Japan Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 31 China Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 32 China Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 33 Rest of Asia Pacific Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 34 Rest of Asia Pacific Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 35 Latin America Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 36 Latin America Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 37 Latin America Probiotic Dietary Supplements Market Value, by Country, 2018 - 2027 (US$ Mn)
TABLE 38 Brazil Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 39 Brazil Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 40 Mexico Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 41 Mexico Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 42 Rest of Latin America Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 43 Rest of Latin America Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 44 Middle East & Africa Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 45 Middle East & Africa Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 46 Middle East & Africa Probiotic Dietary Supplements Market Value, by Country, 2018 - 2027 (US$ Mn)
TABLE 47 GCC Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 48 GCC Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 49 Rest of MEA Probiotic Dietary Supplements Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 50 Rest of MEA Probiotic Dietary Supplements Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 51 NutraScience Labs.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 52 Vitakem Nutraceuticals, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 53 ProbioFerm: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 54 Probium LLC.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 55 Chr. Hansen Holding A/S: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 56 Protexin (Archer Daniels Midland): Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 57 Nutraceutix (Probi): Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 58 Mercola Probiotics: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 59 Unison Laboratories Co Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 60 Custom Probiotics, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
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List of Figures:
FIG. 1 Global Probiotic Dietary Supplements: Market Segmentation
FIG. 2 Global Probiotic Dietary Supplements Market: Research Methodology
FIG. 3 Top-Down and Bottom-up Approach
FIG. 4 Global Probiotic Dietary Supplements Market, by Application, 2019 (US$ Mn)
FIG. 5 Global Probiotic Dietary Supplements Market, by Distribution Channel, 2019 (US$ Mn)
FIG. 6 Global Probiotic Dietary Supplements Market, by Geography, 2019 (US$ Mn)
FIG. 7 Global Probiotic Dietary Supplements Market Value and Growth, 2018 – 2027, (US$ Mn) (Y-o-Y %)
FIG. 8 Attractive Investment Proposition, by Geography, 2017
FIG. 9 Market Positioning of Key Probiotic Dietary Supplements Providers, 2019
FIG. 10 Global Probiotic Dietary Supplements Market Value Share, by Application, 2018 & 2027 (%)
FIG. 11 Global Probiotic Dietary Supplements Market Value for Food Supplements, 2018 - 2027, (US$ Mn)
FIG. 12 Global Probiotic Dietary Supplements Market Value for Specialty Nutrients, 2018 - 2027, (US$ Mn)
FIG. 13 Global Probiotic Dietary Supplements Market Value for Infant Formula, 2018 - 2027, (US$ Mn)
FIG. 14 Global Probiotic Dietary Supplements Market Value Share, by Distribution Channel, 2018 & 2027 (Value %)
FIG. 15 Global Probiotic Dietary Supplements Market Value for Supermarket, 2018 - 2027, (US$ Mn)
FIG. 16 Global Probiotic Dietary Supplements Market Value for Retail Stores, 2018 - 2027, (US$ Mn)
FIG. 17 Global Probiotic Dietary Supplements Market Value for E-commerce, 2018 - 2027, (US$ Mn)
FIG. 18 North America Probiotic Dietary Supplements Market Value, 2018 - 2027, (US$ Mn)
FIG. 19 Europe Probiotic Dietary Supplements Market Value, 2018 - 2027, (US$ Mn)
FIG. 20 Asia Pacific Probiotic Dietary Supplements Market Value, 2018 - 2027, (US$ Mn)
FIG. 21 LATIN America Probiotic Dietary Supplements Market Value, 2018 - 2027, (US$ Mn)
FIG. 22 Middle East & Africa Probiotic Dietary Supplements Market Value, 2018 - 2027, (US$ Mn)
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