Global Probiotic Dietary Supplement Market Is Growing At a CAGR Of +9 % By 2024 With Key Players: By key Players - Bifodan, BioCare Copenhagen, BioGaia, Chr. Hansen Holding

The Probiotic Dietary Supplement Market Report 2018-2024 focuses on the global Probiotic Dietary Supplement status, future forecast, growth opportunity, key market, and key players.

The Probiotic Dietary Supplement Market report studies the global market size of Probiotic Dietary Supplement in key regions like North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa focuses on the consumption of Probiotic Dietary Supplement in these regions. This research report categorizes the global Probiotic Dietary Supplement market by players/brands, region, type, and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter’s Five Forces Analysis.

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The various contributors involved in the value chain of Probiotic Dietary Supplement include manufacturers, suppliers, distributors, intermediaries, and customers.

The Key Players covered in this study:-
Bifodan
BioCare Copenhagen
BioGaia
Chr. Hansen Holding A/S
Contract NUTRA
Custom Probiotics
Daflorn
Deerland Enzymes
Lallemand
Mercola Probiotics
Nebraska Cultures
Nutraceutix

Overview of Probiotic Dietary Supplement Market Research Report 2018-2024:-

Market Insights
The global probiotic dietary supplement market value is expected to reach USD 48.32 billion by 2024. The use of probiotics as a primary ingredient in sports nutrition is becoming a popular trend. For instance, companies like Ingredion, GoodBelly, and NextFoods Inc., are aiming to tap into the sports drink market, by improving their products using probiotics.

Market Dynamics

The demand for preventive medicine industries is on the rise, due to the high number of baby boomers suffering from digestive ailments, the higher interest of middle-aged adults in maintaining digestive health, along with the lack of balanced dietary intake.
The probiotic dietary supplements industry is highly competitive, and there is a huge opportunity for probiotic dietary supplements, with innovations such as personalized nutrition, vegan probiotic dietary supplements, etc.

Market Segmentation
The probiotic dietary supplements market is segmented by type into sports & energy supplements, food supplements, nutrition supplements, infant formula, and others. Nutrition supplements and infant formula are expected to register a CAGR of 9.5%.

The specialty nutrients segment has developed as one of the leading segments. Easy accessibility of specialty nutrient products and their health benefits have added to the growth of the segment in the recent past, and this trend is expected to continue over the forecast period.

Regional Analysis

Europe dominated the global market for probiotic dietary supplements, with around one-third of market share. Strong consumer awareness regarding probiotics usage, easy availability, and the presence of major industry manufacturers and their focus towards product innovation are expected to play a key role in the rapid growth of the market. Asia-Pacific is emerging as the fastest growing probiotic supplement market and is expected to witness a CAGR of 8.1% over the next five years. Increasing population and rising standards of living, owing to the increase in disposable incomes, are the key reasons for the demand.

Major players – BIFODAN, BIOCARE COPENHAGEN, BIOGAIA, CHR. HANSEN HOLDING A/S, CONTRACT NUTRA, CUSTOM PROBIOTICS, INC., DAFLORN, DEERLAND ENZYMES, LALLEMAND, MERCOLA PROBIOTICS, NEBRASKA CULTURES, NUTRACEUTIX, among others.

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Reasons to Purchase this Report
1. Analyzing outlook of the market with the recent trends and Porters five forces analysis
2. Market dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
3. Market segmentation analysis, including qualitative & quantitative research incorporating the impact of economic & non-economic aspects
4. Regional and Country level analysis integrating the demand and supply forces that are influencing the growth of the market
5. Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
6. Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
7. 3-month analyst support, along with the Market Estimate sheet (in excel)

Key questions answered in the Probiotic Dietary Supplement Market Report are.
• What will the market size be in 2024 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Probiotic Dietary Supplement market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

“We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.”

Major Points from TOC of Probiotic Dietary Supplement Market Research Report 2018-2024:

INTRODUCTION
1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
RESEARCH METHODOLOGY
EXECUTIVE SUMMARY
MARKET DYNAMICS
1 Drivers
4.1.1 Rise in Defence Expenditure of Many Countries
4.1.2 Increasing Demand of Lightweight Materials in the Industry
4.2 Restraints
4.2.1 Need for High Investments in R&D
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Price Analysis
MARKET SEGMENTATION
1 By Application
5.2 End-user Sector
5.2.1 Residential
5.2.2 Commercial
5.2.3 Institutional
5.3 Geography
5.3.1 Asia-Pacific
5.3.2 North America
5.3.3 Europe
5.3.4 South America
5.3.5 the Middle East & Africa
Continued…

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