Probiotics are live microorganisms that can be consumed through fermented foods or supplements. More and more studies show that the balance or imbalance of bacteria in the digestive system is associated with overall health and disease. Probiotics promote a healthy balance of gut bacteria and have been linked to a wide range of health benefits. This includes benefits for weight loss, digestive health, immune function and more. The global probiotic supplements market is expected to increase by USD 3.3 billion, at a compound annual growth rate (CAGR) of 6.14% from 2023 to 2029, according to the latest edition of the Global Probiotic Supplements Market Report.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global probiotic supplements market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the form, disease, gender, distribution channel, end user, and region. The global market for probiotic supplements can be segmented by form: capsules, gummies, liquids and drops, powder, tablets and chewable, others. According to the research, the capsules segment had the largest share in the global probiotic supplements market. Probiotic supplements market is further segmented by disease: bone health, digestive and gut health, immunity-based diseases, oral diseases, pregnancy, urinary tract, vaginal health, others. In 2022, the digestive and gut health segment made up the largest share of revenue generated by the probiotic supplements market. Based on gender, the probiotic supplements market is segmented into: male, female. Among these, the female segment was accounted for the highest revenue generator in 2022. On the basis of distribution channel, the probiotic supplements market also can be divided into: convenience stores, drug stores and pharmacies, online stores, specialty stores, supermarkets and hypermarkets, others. The drug stores and pharmacies segment captured the largest share of the market in 2022. Probiotic supplements market by end user is categorized into: infants (0 to 3 years), kids (3.1 to 15 years), adults (above 15 years). According to the research, the adults segment had the largest share in the global probiotic supplements market. The probiotic supplements market by region can be segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. In 2022, North America made up the largest share of revenue generated by the probiotic supplements market.

The digestive and gut health market is further segmented into constipation, irritable bowel syndrome (IBS), lactose intolerance, others. The latest analysis indicates that the IBS segment occupied the largest share of this market in 2022 and is expected to draw the highest demand in coming years. Furthermore, the online stores market has been categorized into via e-commerce players, supplier selling via own website. Globally, the via e-commerce players segment made up the largest share of the probiotic supplements market. The adults (above 15 years) market is further divided into 16-35 years, 36-50 years, 51-65 years, above 66 years. The 51-65 years segment was the largest contributor to the global probiotic supplements market in 2022.

Market Segmentation
By form: capsules, gummies, liquids and drops, powder, tablets and chewable, others
By disease: bone health, digestive and gut health, immunity-based diseases, oral diseases, pregnancy, urinary tract, vaginal health, others
By gender: male, female
By distribution channel: convenience stores, drug stores and pharmacies, online stores, specialty stores, supermarkets and hypermarkets, others
By end user: infants (0 to 3 years), kids (3.1 to 15 years), adults (above 15 years)
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides analysis of the key companies of the industry and their detailed company profiles including AB-BIOTICS, S.A., Archer Daniel Midland Company, Bayer AG, Bifodan A/S (Deerland Probiotics & Enzymes, Inc.), BioGaia AB, Chr. Hansen Holding A/S (UAS Labs, LLC), Daflorn Ltd., Dietary Pros, Inc., DuPont de Nemours, Inc., Essential Formulas Incorporated, i-Health, Inc. (Koninklijke DSM N.V.), Kerry Group plc, Novartis AG, Probi AB, Probioferm, LLC, Renew Life Formulas, Inc., The Procter & Gamble Company, Vitakem Nutraceutical Inc., Yakult Honsha Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global probiotic supplements market.
• To classify and forecast the global probiotic supplements market based on form, disease, gender, distribution channel, end user, region.
• To identify drivers and challenges for the global probiotic supplements market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global probiotic supplements market.
• To identify and analyze the profile of leading players operating in the global probiotic supplements market.

Why Choose This Report
• Gain a reliable outlook of the global probiotic supplements market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.