Thailand Probiotic Food Supplements Market Growth: Segmentation, Regional Breakdown, and Key Players Forecast | BBGI Public Company Limited, Immortal Corporation Co., Ltd

Thailand Probiotic Food Supplements Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Thailand Probiotic Food Supplements market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the global market, all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the Global Thailand Probiotic Food Supplements market from 2024 to 2031, and what is the market value expected to change by 2031?

The Thailand probiotic food supplement market recorded a value of US$ 22.27 million in 2019 and is expected to reach a value of US$ 37.31 million in 2031, growing at a CAGR of 7.39% during the forecast period (2024-2031).

What is Thailand Probiotic Food Supplements Market?

Thailand Probiotic Food Supplements are dietary products formulated to contain live beneficial bacteria that support gut health and overall well-being. These supplements often include various strains of probiotics, such as Lactobacillus and Bifidobacterium, known for their positive effects on digestion, immune function, and nutrient absorption. In Thailand, the popularity of probiotic food supplements has been rising due to increased health consciousness among consumers, leading to a diverse market that includes capsules, powders, yogurts, and fermented foods. These products aim to enhance gut microbiota balance, improve digestive health, and promote general wellness.

Growth Driver

In Thailand, digital health platforms are increasingly incorporating AI-driven tools that provide personalized health recommendations based on user data. These platforms evaluate factors like dietary habits, health concerns, and genetic predispositions to suggest specific probiotic supplements tailored to individual needs. For example, in 2024, the National Health Security Office (NHSO) launched a telemedicine service aimed at Thai citizens living or traveling abroad, facilitating remote medical consultations and promoting healthier lifestyles among users.

Key Players:

Profiles of some of the major players in the global Thailand Probiotic Food Supplements market, which include:

BBGI Public Company Limited, Immortal Corporation Co., Ltd., Interpharma Group, MEGA Lifesciences Public Company Limited, Royce Lab International, Chame Corporation Public Company Limited, THAI HEALTH PRODUCT CO., LTD., and CEO FACTORY THAILAND

Industry Development:

Following the Thai FDA's approval of HEAL19 in the fall of 2022, Probi announced in April 2023 that it had also received approval for HEAL9. Both probiotic strains are incorporated into Probi's product concepts, Probi Osteo and Probi Defendum, with plans to launch these concepts in the Thai market within the next 12 months.

In May 2024, GK Bio International, a Malaysia-based company specializing in fungi and probiotic supplements, revealed its expansion plans into neighboring Southeast Asian countries, including Singapore, Vietnam, Indonesia, and Thailand.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Thailand Probiotic Food Supplements market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.

By Ingredient: Lactobacillus, Streptococcus, Bifidobacterium, Others

By Dosage: Tablet, Capsules, Liquid, Powder, OthersChewables & Soft Gels, Others

By Application: Gastrointestinal HealthGut Microbiota/Microbiome Balance, Digestion, Constipation, Bloating, Diarrhea, Leaky Gut, Inflammation, Immune System, OthersGluten sensitivity, Abdominal Pain, GERD/Helicobacter pylori, Antibiotic-Associated Diarrhea/Post-Antibiotic Treatment, Gut Flora/Gut Microbiome Restoration, Others

By Vaginal Health: Urinary Tract HealthKidney Stones, UTIs, Others, Oral Health, Anti/Healthy Ageing, Allergies/Asthma, Bone & Joint HealthOsteoarthritis, Osteoporosis/Low Mineral Bone Density, Inflammation, Brain/Mental HealthSleep, Cognition, Mood, Depression, Focus, Cardiovascular Health, Circulation, Energy/Fatigue Reduction, Metabolic Syndrome/Blood Glucose, Liver Health, Energy, Immunity/Respiratory Infections, Nutrient Absorption, Skin-Hair-NailsAtopic Dermatitis & Eczema, Acne, Rosacea, Hair Growth/Hair Loss, Skin Microbiome, Others

By Sports: Women's HealthFertility, Menopause, Pregnancy, Pcos

By Vaginal: Health&Health Vaginal Microbiome, Vaginal Infections (Bv/Vvc), Pregnancy Outcomes, Others

By Men's Health & Men's Fertility: Weight Management, Pediatric HealthColic, Constipation, Regurgitation, Atopic Dermatitis, Others

By Age: Infant, Children, Adults, Seniors

By Distribution Channels: Supermarkets/Hypermarkets, Pharmacies and Drug Stores, Convenience Stores, Online Retailers, Other Distribution Channels

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Key Features:

➧ Gain deep insights into market dynamics, trends, and opportunities to stay ahead in a competitive landscape.

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➧ Identify and target specific market segments with detailed intelligence on customer preferences and behaviours.

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