Comprehensive Market Analysis on Probiotic Supplements Market projected to reach USD 19,737.7 Million by 2030, includes Partner and Customer Ecosystem | New Developments, Vendor & Technology Assessment

Probiotic Supplements Market Scope:
Market size value in 2023 - USD 7,940.3 Million
Market size value in 2030 - USD 19,737.7 Million
CAGR (2023-2030) - 13.5%
Forecast Period - 2023-2030
Historic Data - 2019
Segments Covered - Source, Product Type, Consumer Demographics, Sales Channel & Region.
Geographies Covered - North America, Europe, Asia Pacific, and RoW
Sample of Companies Covered - Chr. Hansen Holding A/S, Inc., NOW Foods, STADA Arzneimittel AG, The Clorox Company, Wren Laboratories (Optibac Probiotics).

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Browse in-depth TOC on "Probiotic Supplements Market"

144 - Tables
99 - Figures
362 - Pages

North America Dominates The Market For Probiotic Supplements.
The North American region stands as a pivotal player in the Probiotic Supplements market, reflecting a dynamic landscape shaped by a growing emphasis on health and wellness. The Probiotic Supplements Market in North America is characterized by a robust and expanding consumer base that is increasingly inclined towards proactive approaches to health maintenance. The market snapshot reveals a thriving industry with diverse opportunities and trends. One of the key drivers of the Probiotic Supplements market in North America is the rising awareness among consumers about the importance of gut health. Scientific research highlighting the connection between gut health and overall well-being has spurred a significant demand for probiotic supplements. Consumers in North America are becoming more conscious of the role of gut microbiota in supporting digestion, immune function, and even mental health, driving the uptake of probiotic products.

The Asia Pacific region is witnessing a dynamic and rapidly evolving probiotic supplements market, reflecting a confluence of factors such as a burgeoning middle class, increasing health consciousness, and a rich cultural tradition that places emphasis on preventive healthcare. The market snapshot in this region unveils a landscape marked by diverse consumer preferences and unique market dynamics across various countries. China, as the largest market in Asia Pacific, plays a pivotal role in shaping the probiotics landscape. The Chinese market is experiencing robust growth driven by a population that is becoming increasingly health-conscious. Consumers in China are recognizing the benefits of probiotic supplements for digestive health and immune support. E-commerce platforms and an expanding retail infrastructure contribute to the accessibility and popularity of probiotic products in the Chinese market.

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Top Key Players Covered in the Report-
Amway (Alticor), BioGaia USA, Bio-K+ a Kerry company, Danone S.A, Deerland Enzymes (ADM), DSM, Nestle, Probi, Reckitt Benckiser Group PLC, Chr. Hansen Holding A/S, Inc., NOW Foods, STADA Arzneimittel AG, The Clorox Company, Wren Laboratories (Optibac Probiotics), and Others.

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Recent Developments-
• In October 2023, Optibac Probiotics are delighted to announce that Pregnancy has won Best Maternity Health Product in the Mums and Tots 2023 awards. Mums and Tots is the Ireland's favourite maternity magazine and our Pregnancy product was awarded the top prize in the 'Best Maternity Healthcare' category, as voted for by Mum and Tots readers.
• In October 2023, Nestle has introduced a novel proprietary blend for infant nutrition, uniting a probiotic strain with different concentrations of six human milk oligosaccharides (HMOs) to nurture the developing infant throughout various stages of life.

https://industrytoday.co.uk/market-research-industry-today/probiotic-supplements-market-to-exhibit-a-remarkable-cagr-of-135-by-2030-amway-alticor-biogaia-usa-danone-sa-dsm-nestle

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