Global Over the Counter Probiotic Supplements Market, By Form (Capsules, Tablets, Powder and Syrups), Bacteria (Lactobacillus, Streptococcus, Bifidobacterium), End User (Women, Seniors and Kids), Distribution Channel (Online, Offline, Pharmacy Store and Others) Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights Global Over the Counter Probiotic Supplements Market
Data Bridge Market Research analyses that the global over the counter probiotic supplements market to account USD 17.97 million by 2029 growing at a CAGR of 8.3% in the forecast period of 2022-2029.
Digestive enzymes, prebiotics, and probiotics are enzymes that are required for every chemical reaction in our bodies. They act as a trigger, shortening our bodies' reaction time. Enzymes, which are small proteins, break down food into individual nutrients.
The rising popularity of probiotic supplements, combined with rising health awareness, is expected to drive market growth during the forecast period. Furthermore, the expanding scope of probiotics application is expected to drive demand in the coming years. Furthermore, due to the increasing prevalence of digestive diseases and problems, people in developed countries have a favourable attitude toward medical nutrition.
Rising health awareness has resulted in increased spending on probiotic supplements and factors such as changing lifestyle and eating habits have increased consumption of high-sodium based foods, contributing to the high prevalence of gastrointestinal disorders. All of these factors are expected to increase demand for probiotic supplements during the forecast period. Other factors include increased nutritional awareness, an increase in the prevalence of intestinal diseases, and an increase in disposable income.
However, the high cost of research and development activities, as well as food contamination due to improper packaging, will slow the market's growth rate. Moreover, the presence of other substitute products will pose a challenge to the digestive health enzymes, prebiotics - probiotics market throughout the forecast period.
This over the counter probiotic supplements market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on over the counter probiotic supplements market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Over the Counter Probiotic Supplements Market Scope and Market Size
The over the counter probiotic supplements market is segmented on the basis of form, bacteria, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of form, the over the counter probiotic supplements market is segmented into capsules, tablets, powder and syrups.
- On the basis of bacteria, the over the counter probiotic supplements market is segmented into lactobacillus, streptococcus and bifidobacterium.
- On the basis of end user the counter probiotic supplement market is segmented into women, seniors and kids. Women segment is sub-segmented on the basis of function as immunity and digestive health, urogenital health, vaginal health, urinary tract, infections, pregnancy, weight management and others. Seniors segment is sub-segmented into tablet, capsules, liquid and powder premixes. Kids segment is sub-segmented on the basis of form into powder premixes, tablets, gummies/chewables , lozenges and liquid and gels.
- On the basis of distribution channel, the global over the counter probiotic supplements market is segmented into online, offline, pharmacy store and others
Over the Counter Probiotic Supplements Market Country Level Analysis
The over the counter probiotic supplements market is analyses and market size, volume information is provided by country, form, bacteria, end user and distribution channel as referenced above.
The countries covered in the over the counter probiotic supplements market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America region dominates the global over the counter probiotic supplements market and will flourish its dominance in the forecast period owing to the increasing demand for the dietary supplement in this region. Asia-Pacific would register the highest growth rate in the forecast period. To gain a strong market foothold, the players are focusing on improving the efficiency of their products through the use of advanced technologies. The technology allows for the restoration of the cell wall of probiotic microbes after they have been freeze-dried, improving viability and adhesion of probiotic strains in the intestine.
The country section of the over the counter probiotic supplements market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Over the Counter Probiotic Supplements Market Share Analysis
The over the counter probiotic supplements market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to over the counter probiotic supplements market.
Some of the major players operating in the over the counter probiotic supplements market are DuPont, Danone, Probi AB, Lifeway Foods, Inc., Kibow Biotech, Pharmavite LLC, Osmotica Pharmaceuticals Corp, Dietary Pros, Inc., Probi Vitakem Nutraceutical, Inc. , Chr. Hansen Holding A/S , ProbioFerm , Probium , ADM , Dr. Joseph Mercola , Deerland Probiotics and Enzymes, Inc., DSM, BioGaia, Shreedha Phyto Extracts, Navchetana Kendra, and Allpure Organics, among others.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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