Bharat Book Bureau Provides the Trending Market Research Report on “Global Probiotic Supplements Market (2018-2027)” under
Food category. The report offers a collection
of superior market research, market analysis, competitive intelligence and
industry reports.
Global
Probiotic Supplements Market is
projected to expand at a compound annual growth rate (CAGR) of 10.43%, and will
reach USD 3.28 Bn by 2027. Awareness about health and fitness is augmenting the
need for nutritional diets and maintenance of healthy microbiota, thereby
propelling the demand for probiotic supplements.
Form segment insights:
Probiotics are consumed mostly in
dry form as capsules, powder, chewable, and tablets. The rising adoption of
gummies and chewable probiotic supplements is expected to increase the growth
of the dry probiotics market across the world. The dry probiotic supplements
segment held a market share of 83% in 2017. The development of dry probiotic
supplements for chronic diseases will fuel the growth of the segment, at an
expected CAGR of 10.15% during the 2018-2027 period.
Request a free sample copy of Probiotic Supplements Market Report @ https://www.bharatbook.com/marketreports/Sample/Reports/1488897
Source segment insights:
Based on
the source, the market was dominated by the bacteria-based probiotic
supplements segment, with a 91% share in 2017. Most probiotic supplements
include bacterial strains, of which, Lactobacillus sp and Bifidobacterium sp
are used widely for the maintenance of healthy microbiota.
Distribution channel segment
insights:
The
pharmacy store-based probiotic supplements segment was the leading contributor
to the global probiotic supplements market, having generated 46% of the market
value in 2017. However, the online store-based probiotic supplements segment is
expected to witness the highest expansion, at a CAGR of 13.49% during the
2018-2027 period. The key online distribution channels for probiotic
supplements include Amazon, Costco, and The Vitamin Shoppe, among others.
Application
segmentation insights:
The
segment for gastrointestinal health will be the leading contributor to the
global probiotic supplements market, and is anticipated to contribute
approximately 64% to the global market value by 2027. The reason for being the
leading application segment can be attributed to the increasing prevalence of
digestive diseases and diarrhea, due to changing food habits and lifestyle,
especially in developing countries.
Regional insights:
The
North America probiotic supplements market is projected to expand at a CAGR of
10.68% during the 2018-2027 period, leading to a global revenue of USD 1483.1
Mn by 2027. Increasing awareness about the benefits of probiotic supplements,
and inclinations towards preventive care will aid the growth of the market. The
Asia-Pacific probiotic supplements market is expected to expand at the highest
CAGR of 11.34% between 2018 and 2027.
Companies covered:
• Sanofi
• The
Procter & Gamble Company
•
Novartis
•
i-Health, Inc.
• Taisho
Pharmaceutical Holdings Co., Ltd.
•
BioGaia
• Bayer
Group
• Probi
AB
• RENEW
LIFE
•
Danisco A/S
Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/global-probiotic-supplements-market-2018-2027-/1488897
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