Press release
Booming Growth in the Probiotics Dietary Supplements: Market Poised to Touch $8.06 Billion by 2025
Probiotics Dietary Supplements Market Size
What Is The Projected Market Size Of The Global Probiotics Dietary Supplements Market And Its Growth Rate?
The Probiotics Dietary Supplements Market witnesses strong growth:
• Expected to rise from $7.44 billion in 2024 to $8.06 billion in 2025, at a compound annual growth rate (CAGR) of 8.4%.
• Growth factors include economic growth in emerging markets, increase in digestive diseases, rise in health-conscious consumers, and the COVID-19 impact.
• Expected to continue expanding to $11.49 billion in 2029 at a CAGR of 9.3%, driven by an increasing number of diseases, rising older population, increased dietary consciousness, and the soaring demand for sports nutrition.
What Is Driving The Growth In The Probiotics Dietary Supplements Market?
The escalating demand for sports nutrition products is igniting growth in the probiotics dietary supplements market. Probiotics provide support for athletes, enhancing gut barrier function and immune function against the stresses of high physical activity. As the majority of elite track and field competitors use dietary supplements regularly, Probiotic dietary supplements are being increasingly consumed globally for their functional benefits, thus spurring market growth.
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Who Are the Key Players Driving Probiotics Dietary Supplements Market Growth?
Key contributors in the probiotics dietary supplements market include:
• Reckitt Benckiser LLC
• International Flavors & Fragrances (IFF)
• Churc*h & Dwigh*t Co Inc
• Koninklijke DSM NV
• Chr. Hansen Holding A/S
• BioGaia AB
• PharmaCare Laboratories
• Probi AB
• Protexin
• Fermentis Life Sciences and several others.
What Are The Key Trends In The Probiotics Dietary Supplements Market?
Trending movements in the probiotics dietary supplements marketplace:
• Focus on dairy-free probiotics
• Developing probiotic ingredients for sports nutrition
• Emphasis on long-life probiotics
• Customization of probiotic supplements
• Product innovations
• Partnerships and collaborations
What Are The Segments Of The Global Probiotics Dietary Supplements Market?
Probiotics Dietary Supplements Market is segmented as follows:
1) By Source: Yeast, Bacteria
2) By Form: Capsules, Chewables And gummi*es, 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
Which Region Leads The Probiotics Dietary Supplements Market?
North America was the largest market for probiotics dietary supplements in 2024, however, Asia-Pacific is expected to exhibit the fastest growth during the forecast period. Other regions covered in the report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Probiotics Dietary Supplements Market Global Market Report?
- Market Size Analysis: Analyze the Probiotics Dietary Supplements Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Probiotics Dietary Supplements Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Probiotics Dietary Supplements Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Probiotics Dietary Supplements Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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