MarkNtel Advisors recently published a report, titled, ” Global Probiotic Supplements Market By Form (Tablets Capsules, Gummies, Powder, Chewable), By End User (Infant, Kids, Adults), By Distribution Channel (Pharmacies, Health & Beauty Speciality Stores, Supermarkets & Hypermarkets, Convenience Stores, Online Stores, Via E-commerce Players, Supplier Selling Via Own Website), By Diseases (Digestive Health, Lactose Intolerance, Constipation, Others (Ulcerative Colitis, Colic, etc.), Irritable Bowel Syndrome (IBS), Oral Disease, Immunity-based Disease, Others. As per as the report The Global Probiotic Supplements market is projected to grow at a CAGR of around 4.64% during the forecast period, 2022-27.
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Potential Challenges: Premium Pricing of the Probiotic Supplements
Probiotic supplements have gained popularity as health-improving bacteria, which provide a preventive mechanism to avoid general disorders such as oral care, gastrointestinal diseases, etc. However, the prices of the probiotic supplements have been prohibitive, which has restricted a wide variety of audiences in the Middle & Lower-middle Income group. In addition, the popularity of probiotic supplements has helped it gain significant traction in the countries such as North America & Europe, however, in regional markets such as Asia, Africa, and South America, where the majority of the population has lower purchasing power, the conventional supplement choices tend to be preferred.
Furthermore, since probiotics supplements have a short shelf life, manufacturers need cold storage to prolong their shelf life, which is highly costly & may hinder the market’s growth.
Leading Companies in Global Probiotic Supplements Market:
Kerry Group, DuPont de Nemours, Inc. , BioGaia, Probi AB, Bayer Group, Novartis, Vitakem Nutraceuticals Inc., ProbioFerm, Probium, DSM, Dr. Joseph Mercola, Chr. Hansen Holding A/S, Yakult Honsha, Archer Daniel Midland Company, I-Health, Inc., The Procter & Gamble Company
Global Probiotic Supplements Market Segmentation:
By Form
-Solid Form
-Tablets
By End User
-Kids (3.1 to 15 years)
-Adults (Above 15 years)
-Capsules
By End User
-Kids (3.1 to 15 years)
-Adults (Above 15 years)
-Gummies
By End User
-Kids (3.1 to 15 years)
-Adults (Above 15 years)
-Powder
By End User
-Infants (Upto 3 Years)
-Kids (3.1 to 15 years)
-Adults (Above 15 years)
-Chewable
By End User
-Kids (3.1 to 15 years)
-Adults (Above 15 years)
-Others
By End User
-Infant
-Kids
-Adults
-16-35 Years
-36-50 Years
-51-65 Years
-Above 66 Years
By Distribution Channel
-Pharmacies
-Health & Beauty Speciality Stores
-Supermarkets & Hypermarkets
-Convenience Stores
-Online Stores
-Via E-commerce Players
-Supplier Selling Via Own Website
By Diseases
-Digestive Health
-Lactose Intolerance
-Constipation
-Others (Ulcerative Colitis, Colic, etc.)
-Irritable Bowel Syndrome (IBS)
-Oral Disease
-Immunity-based Disease
-Others
Cardiovascular Diseases
-Respiratory Infections
-Obesity
-Memory/Mood/Relaxing
Get Full Access Of Global Probiotic Supplements Market Report : https://www.marknteladvisors.com/research-library/probiotic-supplements-market.html
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia Pacific.
Key questions answered in the Global Probiotic Supplements Market are:
•What is Global Probiotic Supplements Market?
•What was the market size in 2021?
•What is the growth rate of the Global Probiotic Supplements Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the Global Probiotic Supplements Market?
•What segments are covered in the Market?
•Who are the key players in the Global Probiotic Supplements Market?
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