According to a report, "Probiotics Dietary Supplements Market Analysis By Application (Food Supplements, Nutritional Supplements, Specialty Nutrients, Infant Formula), By Regions (North America, Europe, Asia Pacific, Middle East & Africa, CSA), And Segment Forecasts, 2018 - 2025", published by Grand View Research, Inc., The global probiotics dietary supplements market is expected to reach USD 7.0 billion by 2025, Probiotics are a healthy microorganism that benefits the body when taken in sufficient amount. Probiotics dietary supplements are supplements manufactured by incorporating various strains of probiotics to treat or prevent the occurrence of diseases. Companies have developed customized products to suit diverse customer needs.
Key Takeaways from the report:
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The global probiotics dietary supplements demand was USD 3.3 billion in 2015 and is estimated to grow at a CAGR of 7.6% from 2016 to 2025
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Probiotic dietary supplements are used for maintaining a stronger immune system, proper digestion, better work energy, healthy skin and prevention of oral diseases. These supplements are found out to have little or no side effect on human body.
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Nutritional supplement segment is expected to witness the highest CAGR of 7.7% over the next nine years. The effectiveness of nutritional supplements, their easy availability and novel product offerings is expected to benefit segment demand.
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Specialty Nutrient segment worth is expected to reach USD 2.8 billion by 2025. Development of superior probiotics strains intended for a specific purpose and focus on R&D is aiding the segment growth.
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Europe dominated the global market with 39% share. Strong awareness regarding probiotics usage, easy availability, and presence of major industry participants is aiding the regional growth.
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Major industry participants include Chr.Hansen, Nebraska Cultures, Premium, Vitakem, and NutraScience Labs. Nebraska Cultures, manufactures its products with their proprietary stabilizer technology to improve overall product efficiency.
U.S. probiotics dietary supplement market by formulation, 2014 - 2025 (USD Million)
Recent advancements in R&D have led to the development of efficient probiotic strains that can sustain different environments and can be used in combination with other ingredients. Furthermore, improvements in delivery systems such as capsules, and sticks have led to the development of more efficient products. Such trends are expected to favor the overall market growth from 2016 to 2025.
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Savory Ingredients Market: Savory ingredients are widely used as seasoning and flavoring agents in the food industry. Growing disposable income has increased the consumption of time-saving food product, which is projected to boost the market growth over the coming years. The growing usage of savory ingredients in the food service industry is also expected to propel market growth. Savory ingredients are used in the animal feed & pet food industry to enhance food flavors. The growing demand for packaged pet food in Asia Pacific is anticipated to drive market demand over the coming years.
Organic Rice Protein Market: Superior functional properties coupled with increasing shift towards non-GMO and vegan food ingredients is expected to propel the demand over the forecast period. The product is hypoallergenic and generally consists of no added colors, sweeteners or fillers which increases its nutritional value. In addition, organic rice protein contains a high level of amino acid content which is very beneficial for building muscles. Intake of dietary protein along with organic rice protein helps in burning fat through its thermic effect and reduces blood sugar level thereby facilitating weight loss.
Global probiotics dietary supplements market share by application, 2015
In terms of application, nutritional supplements led the market in 2015 closely followed by specialty nutrients. The broad product offering of probiotics nutritional supplements, easy availability and effectiveness in maintaining proper body health has benefitted the demand from application segment in the past, and this trend is anticipated to continue over the forecast period.
Grand View Research has segmented the global probiotics dietary supplements market on the basis of application and region:
Probiotics Dietary Supplements Application Outlook (Revenue, USD Million, 2014 - 2025)
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Food supplement
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Nutritional supplements
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Specialty nutrients
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Infant formula
Probiotics Dietary Supplements Regional Outlook (Revenue, USD Million, 2014 - 2025)
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North America
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U.S
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Canada
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Mexico
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Europe
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Germany
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UK
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France
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Asia Pacific
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China
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India
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Central & South America
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Brazil
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Middle East and Africa
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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