Global Probiotics Dietary Supplements Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Probiotics Dietary Supplements Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (Capsules and Tablets, Powdered Supplements, Probiotic Drinks and Shots, and Gummies and Chews), Distribution Channel (Supermarkets/hypermarkets, Pharmacy/Health Stores, Online Stores, and Other Distribution Channels), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Probiotics Dietary Supplements Market was valued at USD 20,728.4 million in 2023 and is expected to reach USD 59,545.9 million by 2031 while growing at a CAGR of 14.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global probiotics dietary supplements market growth. Probiotics dietary supplements, containing live microorganisms like bacteria and yeast, provide health benefits when consumed in sufficient amounts. They aim to improve gut microbial balance, supporting a healthy digestive system and potentially offering other positive health effects. These microorganisms are commonly known as "good" or "friendly" bacteria.
Increasing awareness of gut health and rising interest in preventive healthcare drive the growth of the probiotics dietary supplements market. However, obstacles such as storage and stability challenges, along with regulatory and quality control issues, may hinder market expansion.
Furthermore, the global probiotics dietary supplements industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global Probiotics Dietary Supplements Market is segmented among Capsules and Tablets, Powdered Supplements, Probiotic Drinks and Shots, and Gummies and Chews, based on Product Type. In 2023, Capsules and Tablets accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Distribution Channel Analysis
The Global Probiotics Dietary Supplements Market is segmented among Supermarkets/hypermarkets, Pharmacy/Health Stores, Online Stores, and Other Distribution Channels, based on Distribution Channel. In 2023, Pharmacy/Health Stores accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Probiotics Dietary Supplements Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are BioGaia, Reckitt Benckiser LLC, Procter & Gamble, Koninklijke DSM NV, Church & Dwight Co., Inc., PharmaCare Laboratories Pty Ltd, Optibac Probiotics Inc., Dr. Willmar Schwabe GMBH & Co. KG, Amway Corp., Morishita Jintan Co. Ltd., and Now Foods.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Probiotics Dietary Supplements Market Dynamics
Drivers
Restraints
Opportunity
4. Global Probiotics Dietary Supplements Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Probiotics Dietary Supplements Market Segmentation, By Product Type
Global Probiotics Dietary Supplements Market Share Analysis, By Product Type
Global Probiotics Dietary Supplements Market Growth Analysis, By Product Type
Global Probiotics Dietary Supplements Market Trends, By Product Type
o Capsules and Tablets
o Powdered Supplements
o Probiotic Drinks and Shots
o Gummies and Chews
6. Global Probiotics Dietary Supplements Market Segmentation, By Distribution Channel
Global Probiotics Dietary Supplements Market Share Analysis, By Distribution Channel
Global Probiotics Dietary Supplements Market Growth Analysis, By Distribution Channel
Global Probiotics Dietary Supplements Market Trends, By Distribution Channel
o Supermarkets/hypermarkets
o Pharmacy/Health Stores
o Online Stores
o Other Distribution Channels
7. Global Probiotics Dietary Supplements Market Segmentation, By Region
Global Probiotics Dietary Supplements Market Share Analysis, By Region
Global Probiotics Dietary Supplements Market Growth Analysis, By Region
Global Probiotics Dietary Supplements Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
BioGaia*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Reckitt Benckiser LLC
Procter & Gamble
Koninklijke DSM NV
Church & Dwight Co., Inc.
PharmaCare Laboratories Pty Ltd
Optibac Probiotics Inc.
Dr. Willmar Schwabe GMBH & Co. KG
Amway Corp.
Morishita Jintan Co. Ltd.
Now Foods
*Similar analysis will be provided for each company listed above.
