10 January 2020 - The Global Probiotics
Supplements Market evaluates
growth trends in the industry and is anticipated to display a significant rise
in the CAGR by 2028. Probiotics supplements are beneficial microorganisms,
which when consumed in specific quantities, deploys specialty nutrients to the
body.
“Manufacturers
are offering customized products suiting an individual need. These products
have found its wide applications in treating digestive disorders, improving
oral health, and boosting the immune system.
The
proprietary stabilizer technology has resulted in an overall product
efficiency, which is set to drive market growth. Production of efficient
probiotic stains has supplemented the food nutrition industry. These stains
have been found to have no side effect on the human body and the novel product
offering is benefiting the growth of nutritional supplement segment and is
expected to continue over the forecast period.
On
the basis of bacteria type segmentation includes Lactobacillus,
Bifidobacterium, and Streptococcus. The functional use of probiotics supplement
has been segmented into preventive healthcare, regular use, and therapeutic. By
end-user, the market can be categorized into adult probiotics, infant
probiotics, and animal probiotics.
Based
on geography, the probiotics supplement market has been segmented into North
America, the Asia Pacific, the Middle East, and Africa, and Latin America. The
concentration of key participants in the European region has created a
competitive landscape, which is further opening up new opportunities for the
entrants striving to capitalize in this growing industry. Also, the rising
awareness regarding its easy availability, health benefits, increase in
disposable income and the rise in global geriatric population are the primary
reasons factoring the growth of probiotics supplements market.
Stakeholders
and investors are increasing their spending on research and development
activities to scale the latest technologies in their system engineering
process. The market offers a multitude of challenges for the industry
participants and the gaining decisive understanding of these challenges have
impelled the players to pander strategic merger & acquisition activities
with their fellow contenders.
The
global market is characterized by the presence of major international players
and emerging domestic entrants. Some of the key competitors or manufacturers
capitalizing in the probiotics supplement market include BioGaia AB, Chr.
Hansen Holding A/S, Nebraska Cultures, Vitakem, Yakult Honsha Co. Ltd., Probi
AB, Nestle S.A., E. I. du Pont de Nemours and Company, Protexin Danone, Lifeway
Foods, Inc., Ganeden, Inc., and others.
Recent
advancements in research and development activities have favored the
enhancement supplement delivery systems such as sticks and capsules. A vegan
probiotic supplement is another major trend that has generated consumer
interest among middle-aged demographics.
Market Segment:
Leading players of Probiotics
Supplements including:
•
Activhealth (Singapore) Pte Ltd
•
NutriFlair
•
Pure Healthland
•
Nature's Bounty
•
Healthy Choice Naturals
•
Number One Nutrition
•
Sorvita Nutra Products, LLC.
•
HERENEWCO LLC.
•
Aspire Vitality
•
Nature's Potent
•
SEROVERA
•
NOW Foods
Market split by Type, can be divided
into:
•
Lactobacillus
•
Bifidobacterium
•
Saccharomyces boulardii
•
Others
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