Press release
Probiotic chews Market Development 2024-2030: Forecasted Revenue Increase to USD 56.4 Million
๐๐ซ๐จ๐๐ข๐จ๐ญ๐ข๐ ๐๐ก๐๐ฐ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐProbiotic chews are chewable dietary supplements that contain live beneficial bacteria aimed at supporting digestive health. These probiotics help balance the gut microbiome, promoting better digestion and overall health. Unlike traditional pills or capsules, probiotic chews are available in a variety of flavors, making them appealing to both children and adults. Their palatable and convenient form makes them a preferred choice for those looking to enhance their wellness routine without the hassle of swallowing pills.
The increasing awareness about the importance of gut health is one of the major drivers for the market's growth. Probiotic chews offer an easy and enjoyable way for consumers to incorporate these beneficial bacteria into their daily diet. The rising demand for preventive healthcare, coupled with a growing preference for organic and natural products, is further propelling the market's expansion. Additionally, continuous innovation in gummy formulations is helping to cater to diverse consumer needs, from digestive support to immunity boosting.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐ ๐จ๐ซ ๐๐๐ญ๐๐ข๐ฅ ๐๐ง๐๐จ: https://www.maximizemarketresearch.com/request-sample/266892/
๐๐ซ๐จ๐๐ข๐จ๐ญ๐ข๐ ๐๐ก๐๐ฐ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐:
The global market for probiotic chews is projected to experience robust growth from 2024 to 2030. With a valuation of USD 40.7 million in 2023, the market is expected to grow at a compound annual growth rate (CAGR) of 6.1%, reaching approximately USD 56.4 million by 2030.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Rising Health Consciousness: As consumers become more aware of the significant role gut health plays in overall well-being, the demand for probiotics is escalating. Research linking gut health to various aspects of health, including immune function and mental well-being, has highlighted the importance of maintaining a balanced microbiome. Probiotic chews, offering a convenient and pleasant way to consume probiotics, have seen a surge in popularity as an easy and enjoyable alternative to traditional supplements.
Increase in Digestive Disorders: The rising prevalence of digestive issues such as irritable bowel syndrome (IBS), bloating, and other gastrointestinal problems has led to a higher demand for solutions that support digestive health. Probiotics are recognized for their ability to restore balance to gut bacteria, making them a natural remedy for digestive discomfort. Many individuals are turning to probiotic supplements, especially chews, as an effective solution to alleviate symptoms of digestive disorders and maintain gut health.
Growth of E-Commerce and Direct-to-Consumer Models: The rise of online retail and direct-to-consumer models has made it easier for consumers to access a wide range of health supplements, including probiotic chews. E-commerce platforms allow consumers to compare products, read reviews, and make informed purchasing decisions. Subscription services, where consumers receive regular deliveries of their preferred supplements, are gaining traction, further boosting market growth. These models not only enhance consumer loyalty but also ensure consistent intake of probiotics, promoting digestive health.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ ๐ข๐ฅ๐ฅ๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ก๐๐ซ๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/266892/
๐๐ซ๐จ๐๐ข๐จ๐ญ๐ข๐ ๐๐ก๐๐ฐ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ฒ๐ฉ๐
Digestive Support
Immune Support
The probiotic chews market is primarily segmented into two categories: digestive support and immune support. The digestive support segment dominated the market in 2023. This segment's growth is fueled by increasing consumer awareness of gut health and digestive wellness, particularly for managing conditions like bloating and constipation. Probiotic supplements aimed at supporting digestive health remain highly popular, especially among adults and children.
The immune support probiotics segment is expected to grow significantly during the forecast period. The COVID-19 pandemic has heightened awareness about immune health, leading consumers to seek out supplements that enhance immunity. Probiotics, known for their role in supporting the immune system, are seeing increased demand in this category.
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ
Adults
Men
Women
Pregnant Women
Geriatric
Kids
In terms of end-users, the adult segment held the largest market share in 2023. Adults are increasingly focused on improving their overall wellness, which includes maintaining gut health and boosting immunity. Probiotic chews offer an appealing alternative to traditional supplements due to their ease of consumption and pleasant flavors.
The children's segment is one of the fastest-growing, as parents are increasingly turning to probiotic chews as a convenient way to support their children's digestive and immune health. The sweet taste and fun shapes of these chews make them particularly appealing to younger audiences, contributing to the segment's rapid growth.
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
Offline
Hypermarkets/Supermarkets
Pharmacies
Specialty Stores
Practitioner
Others
Online
๐๐ซ๐จ๐๐ข๐จ๐ญ๐ข๐ ๐๐ก๐๐ฐ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The Probiotic chews market study offers in-depth insights on key factors that are anticipated to propel market growth and potential obstacles that could impede it in the future. In addition to investment opportunities in the Probiotic chews sector, the report offers a comprehensive evaluation of the competitive environment and the range of products offered by leading companies. The study has also examined the qualitative and quantitative features of the industry.
The research offers a thorough description of the primary sections with various sub-categories. Data from both original and additional sources were gathered for the Probiotic chews Market. Primary research sources include press releases, annual reports, government websites, and insights from various industry professionals, analysts, experts, and researchers across different companies. Other sources of information are the economic, social, political, and market conditions. Combining these two data sources produces a report that highlights the necessary steps to improve growth. A SWOT analysis was conducted to determine the strengths and weaknesses of the Probiotic chews market, and a PESTLE analysis was utilized to evaluate how micro-economic factors that affected the Probiotic chews market.
๐๐๐๐๐ข๐ฏ๐ ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐ข๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐๐๐ซ๐: https://www.maximizemarketresearch.com/request-sample/266892/
๐๐ซ๐จ๐๐ข๐จ๐ญ๐ข๐ ๐๐ก๐๐ฐ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
North America is leading the global probiotic chews market, with the United States capturing the largest market share. Factors such as increasing health concerns and the presence of major players like Digestive Advantage, Walgreens, and CVS Pharmacy are contributing to market expansion. Additionally, growing awareness about digestive health and the effectiveness of probiotic supplements is driving consumer demand.
In the Asia-Pacific region, countries like China, Japan, and India are witnessing rapid growth in the probiotic chews market. Increased urbanization, hectic lifestyles, and rising awareness about the health benefits of probiotics are key factors driving this growth. Probiotic chews are gaining popularity in this region due to their convenience and the shift toward health-conscious consumer behavior.
๐๐ซ๐จ๐๐ข๐จ๐ญ๐ข๐ ๐๐ก๐๐ฐ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Digestive Advantage (U.S.)
2. Makers Nutrition, LLC
3. Sky Nutro
4. Siena Development
5. YourGummy Vitamins LLC
6. Watershed Wellness Center
7. PharmaCenter
8. EVO Packaging Inc.
9. Victoria Worlds wide
10. MSI Express
11. Midwest Co-perk
12. Culturelle
13. Florastor
14. Nature's Bounty
15. SmartyPants Vitamins
17. Garden of Life
18. NatureWise
19. Now Foods
20. The Procter & Gamble Company (Align)
21. Nature Made (Pharmavite )
22. Walgreens (U.S.)
23. CVS Pharmacy (U.S.)
24. Renew Life (U.S.)
25. Nature's Bounty (U.S.)
26. Fortify (U.S.)
27. Nature's Way (U.S.)
28. Rainbow Light (U.S.)
29. Smarty Pants (U.S.)
30. Jamieson (Canada)
31. Olly (U.S.)
32. Nordic Naturals (U.S.)
33. Rexall Sundown (U.S.)
34. Others
๐๐๐ค๐ ๐ ๐๐จ๐จ๐ค ๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://shorturl.at/BKM7z
๐๐ซ๐จ๐๐ข๐จ๐ญ๐ข๐ ๐๐ก๐๐ฐ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ:
Introduction: An overview of the Probiotic chews Market.
Report Objectives: The aims and constraints of the Probiotic chews Market report.
Market Overview: An in-depth look at the Probiotic chews Market environment.
Market Evaluation: A present assessment of the Probiotic chews Market's size.
Type Segmentation: A classification of the Probiotic chews Market by types.
Competitive Analysis: A study of the competitive forces within the market.
Customer Insights: Information on the demographics and behaviors of customers.
Regional Analysis: An evaluation of the market in various regions.
Decision Tools: Frameworks and criteria for making informed market decisions.
Growth Factors and Challenges: Elements that drive growth and present obstacles.
Market Dynamics: Current trends impacting the Probiotic chews Market.
Vendor Overview: A summary of key vendors in the Probiotic chews Market.
Vendor Examination: A thorough analysis of significant vendors.
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐จ๐๐ข๐จ๐ญ๐ข๐ ๐๐ก๐๐ฐ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Probiotic chews?
What will be the CAGR at which the Probiotic chews market will grow?
What is the growth rate of the Probiotic chews Market?
Which are the factors expected to drive the Probiotic chews market growth?
What are the different segments of the Probiotic chews Market?
What growth strategies are the players considering to increase their presence in Probiotic chews?
What are the upcoming industry applications and trends for the Probiotic chews Market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐จ๐ฎ๐ซ ๐ญ๐จ๐ฉ-๐ฉ๐๐ซ๐๐จ๐ซ๐ฆ๐ข๐ง๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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