Selbyville, Delaware, June 22, 2020 (GLOBE NEWSWIRE) -- The global probiotic dietary supplement market was valued at USD 3221.9 million in 2019 and is estimated to amass noticeable gains by the end of 2026, owing to its use in vivid varieties of food, beverages, healthcare products, and dietary supplements. Probiotics are micro-organisms which, when managed in adequate amounts, offer visible health benefits to the host body.
The market analysis talks about different market segmentations, individual market shares, technological trends, current and projected CAGR of individual markets, current and predict market valuations of each segment, future prospects, growth-rendering factors, and challenges that might hamper the growth of probiotic dietary supplement industry. According to the report, the market is segmented into type, applications, region, and competitive landscape spectrums, and highlights of growth strategies and valuations of each of these over the period of 2015-2026 have aptly been specified in the report.
The lucrative market growth of probiotic dietary supplement market is also currently being affected by the ongoing COVID-19 pandemic breakout. It has been recorded that the pandemic has dramatically disrupted the global economy while negatively influencing various businesses. However, the rising disease spread has brought about a surge in the revenue graph of probiotic dietary supplements as people have been looking for ways to strengthening their immune systems.
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Probiotic dietary supplement market is fragmented into various market segmentations including type, applications, region, and competitive landscape. On the basis of type bifurcation, the probiotic dietary supplement market is sub-divided into tablet, probiotic drops, and capsules. Also, in terms of applications, the industry is categorized into supermarkets, online stress, pharmacy, direct sales, and hospitals and clinics.
Global probiotic dietary supplement market is highly consolidated and boasts of the presence of prominent companies like Chr. Hansen A/S, BioGaia, Probi AB, iHealth, and multiple others. These industry giants focus on research and development activities to introduce new and novel products. Moreover, the industry has been massively characterized by a high level of integration between raw material suppliers, manufacturers, and supplement manufacturers. Companies that stand firm on this integration are BioGaia and Probi AB.
According to this report, suppliers play a major role in integrating the value chain by offering quality raw materials for the production of these dietary supplements. This helps companies to integrate their businesses in a highly cost-efficient manner while protecting them from hassles associated with raw material procurement. Chr. Hansen has been named as one of the global suppliers of scientifically known probiotic strains for dietary supplement, healthcare companies, and infant formula worldwide.
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Probiotic Dietary Supplement Market Type Analysis (Revenue, USD Million, 2015-2026)
- Powder Stick Pack
- Capsule
- Tablet
- Probiotic Drops
Probiotic Dietary Supplement Market Application Analysis (Revenue, USD Million, 2015-2026)
- Pharmacy
- Supermarkets
- Online Stores
- Hospitals and Clinics
- Direct Sales
Probiotic Dietary Supplement Market Regional Analysis (Revenue, USD Million, 2015-2026)
North America
- U.S
- Canada
Europe
- Germany
- France
- Russia
- Italy
Asia Pacific
- China
- Japan
- South Korea
- Australia
- India
Probiotic Dietary Supplement Market Competitive Landscape Analysis (Revenue, USD Million, 2015-2026)
- BioGaia
- Probi AB
- i-Health
- Winclove
- Probiotics International Ltd (Protexin)
- UAS Labs
Table of Content:
1 Study Coverage
1.1 Probiotic Dietary Supplement Product Introduction
1.2 Market Segments
1.3 Key Probiotic Dietary Supplement Manufacturers Covered: Ranking by Revenue
1.4 Market by Type
1.4.1 Global Probiotic Dietary Supplement Market Size Growth Rate by Type
1.4.2 Powder Stick Pack
1.4.3 Capsule
1.4.4 Tablet
1.4.5 Probiotic Drops
1.5 Market by Application
2 Executive Summary
2.1 Global Probiotic Dietary Supplement Market Size Estimates and Forecasts
2.1.1 Global Probiotic Dietary Supplement Revenue 2015-2026
2.1.2 Global Probiotic Dietary Supplement Sales 2015-2026
2.2 Probiotic Dietary Supplement Market Size by Region: 2020 Versus 2026
2.2.1 Global Probiotic Dietary Supplement Retrospective Market Scenario in Sales by Region: 2015-2020
2.2.2 Global Probiotic Dietary Supplement Retrospective Market Scenario in Revenue by Region: 2015-2020
3 Global Probiotic Dietary Supplement Competitor Landscape by Players
3.1 Probiotic Dietary Supplement Sales by Manufacturers
3.1.1 Probiotic Dietary Supplement Sales by Manufacturers (2015-2020)
3.1.2 Probiotic Dietary Supplement Sales Market Share by Manufacturers (2015-2020)
3.2 Probiotic Dietary Supplement Revenue by Manufacturers
3.3 Probiotic Dietary Supplement Price by Manufacturers
3.4 Probiotic Dietary Supplement Manufacturing Base Distribution, Product Types
3.5 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2026)
4.1 Global Probiotic Dietary Supplement Market Size by Type (2015-2020)
4.1.1 Global Probiotic Dietary Supplement Sales by Type (2015-2020)
4.1.2 Global Probiotic Dietary Supplement Revenue by Type (2015-2020)
4.1.3 Probiotic Dietary Supplement Average Selling Price (ASP) by Type (2015-2026)
4.2 Global Probiotic Dietary Supplement Market Size Forecast by Type (2021-2026)
5 Breakdown Data by Application (2015-2026)
5.1 Global Probiotic Dietary Supplement Market Size by Application (2015-2020)
5.1.1 Global Probiotic Dietary Supplement Sales by Application (2015-2020)
5.1.2 Global Probiotic Dietary Supplement Revenue by Application (2015-2020)
5.1.3 Probiotic Dietary Supplement Price by Application (2015-2020)
5.2 Probiotic Dietary Supplement Market Size Forecast by Application (2021-2026)
5.2.1 Global Probiotic Dietary Supplement Sales Forecast by Application (2021-2026)
5.2.2 Global Probiotic Dietary Supplement Revenue Forecast by Application (2021-2026)
5.2.3 Global Probiotic Dietary Supplement Price Forecast by Application (2021-2026)
Related Report:
Probiotics Ingredients Market Share, Size, Trends, & Industry Analysis Report Forecast to 2026
The global probiotics ingredients market size is estimated to reach 3.97 billion by 2026 and is anticipated to grow at a CAGR of 6.9 % from 2019 to 2026, according to a new research report. Probiotics are live bacteria’s that facilitates digestive functioning in human body. Most of the bacteria are considered under probiotic but in specific terminology Lactobacillus is commonly found across fermented food and beverages. The common application of probiotics in human includes treatment of certain conditions such as Irritable bowel syndrome, Inflammatory bowel disease, and diarrhea caused by antibiotics.
Asia Pacific is expected to remain as one of the lucrative regions over the estimated period. Significant spending on incorporation of probiotic elements for preventive healthcare along with sports nutrition by major player such as GSK and Pfizer can impel market growth.
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