Press release
Probiotics Dietary Supplemen*ts Global Market Analysis, Trends, Growth, Research And Forecast 2033
The new report published by The Business Research Company, titled Probiotics Dietary Supplemen*ts Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the probiotics dietary supplemen*ts market size has grown strongly in recent years. It will grow from $6.94 billion in 2023 to $7.53 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The probiotics dietary supplemen*ts market size is expected to see strong growth in the next few years. It will grow to $10.54 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%.
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Elevated Demand In Sports Nutrition Fuels Growth In Probiotic Dietary Supplemen*ts Market
The rising demand for sports nutrition products is expected to drive the growth of the probiotic dietary supplemen*ts market in the forecast period. Probiotic may provide support for athletes to counter the stresses of high physical activity levels by enhancing gut barrier function, immune function and others. Many athletes, including over 85% of elite track and field competitors, use dietary supplemen*ts as part of their regular training or competition routine. Vitamins, minerals, protein, creatine and various ergogenic chemicals are all regularly utilized supplements. For instance, in May 2021, according to the Australian Institute of Sport (AIS), a sports training institution in Australia, a total of 49 national and international fencers (18 men and 31 women) completed a questionnaire about sports supplements (SS) use and the potential effects on health and/or sports performance. The main incentive for 46.9% of fencers to use SSs was to increase their performance (34.2%). Medical doctors were the ones who were most likely to recommend that males take SSs. Women were the ones who were more inclined to get advice from their friends. Sports drinks (44.9%), vitamin C (43.4%), sports bars (38.8%) and caffeine were the most commonly consumed SS (28.6%). Therefore, the growing consumption of dietary supplemen*ts for functional benefits amongst athletes across the globe is expected to drive the probiotic dietary supplemen*ts market in the forecast period.
Innovative Technological Advancements Shape The Future Of The Probiotic Dietary Supplemen*ts Market
Technological advancement is the key trend gaining popularity in the dietary supplemen*ts market. Major companies operating in the probiotic dietary supplemen*ts market are focused on developing advanced technology to sustain their market position. For instance, in June 2022, COSMAX NBT, a US-based company that delivers dietary supplemen*t products, launched Zeta probiotics. Zeta probiotics are a technology to improve the intestinal survival rate and adhesion ability of probiotics. Zeta probiotic technology uses a lysine-based mixture to rehydrate freeze-dried probiotics. This improves their viability during in vitro simulated gastric and duodenum stress conditions.
The probiotics dietary supplemen*ts market covered in this report is segmented -
1) By Source: Yeast, Bacteria
2) By Form: Capsules, Chewables, Powders, Tablets And Softgels, Other Forms
3) By Distribution Channel: Business To Business, Business To Consumer
4) By Application: Infant Formula, Food Supplement, Specialty Nutrients
5) By End Use: Infants, Children, Adults, Geriatric
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Major companies operating in the probiotics dietary supplemen*ts market report are Reckitt Benckiser LLC, Procter & Gamble, International Flavors & Fragrances (IFF), Koninklijke DSM NV, Chr. Hansen Holding A/S, BioGaia AB, PharmaCare Laboratories, Probi AB, Protexin, Fermentis Life Sciences, Yakult Danone India Private Limited, Nutri-Align, Pellucid Lifesciences Pvt Ltd, UAS Life Sciences Private Limited, Morinaga Milk Industry Co. ltd., Chambio Co. Ltd., ByHealth, Qingdao Vland Biotech Group, China National Pharmaceutical Group Corporation, Megafood (Shanghai) Health Technological Co. Ltd., Sirio Pharma Co. Ltd., Bio-Kult, OptiBac Probiotics, Orthomol, SYNformulas GmbH, Laboratorios Ordesa, Arkopharma, Dicofarm, Naturando, Deltha Pharma, S&R Farmaceutici, G&G Food Supplies Ltd., Natren UK, Symbiopharm GmbH, Elogium Probiotic SIA, Baltic Probiotic SIA, Bio-Vesta LLC, BIO PAK Nutraceuticals Contract Manufacturing Ltd., AGREMA poland sp. z o.o, Valosun A.S., Chiesi Poland Sp. z o.o., Kerry Group Plc, Nestlé, Estée Lauder Inc., Archer-Daniels-Midland Co. (ADM), DuPont de Nemours Inc., BLIS Technologies Ltd., Esse Skincare, Goerlich Pharma, Biena inc., Flora Inc, Genomma Lab Internacional SAB de CV, Estée Lauder Inc., Naturalis, Sanavita, Probiótica, Vitafor, Axon Pharma, TakgeneGroup, Culturelle, Zist Takhmir Pharmaceutical Company, PouraTeb Pharmaceutical Company, Nature Fresh Health Products CC, SFI Health, Lallemand Inc., Danone South Africa, Bioflora CC
Contents of the report:
1. Executive Summary
2. Probiotics Dietary Supplemen*ts Market Report Structure
3. Probiotics Dietary Supplemen*ts Market Trends And Strategies
4. Probiotics Dietary Supplemen*ts Market - Macro Economic Scenario
5. Probiotics Dietary Supplemen*ts Market Size And Growth
…..
27. Probiotics Dietary Supplemen*ts Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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