South America Probiotic Supplements Market Trend, Size, Share, Trends, Growth, Report and Forecast 2023-2028

South America Probiotic Supplements Market Trend, Size, Share, Trends, Growth, Report and Forecast 2023-2028

May 16, 2024
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MarkNtel Advisors recently published a report, titled, ” South America Probiotic Supplements Market By Form (Solid Form (Tablets, Capsules, Gummies, Powder, Chewable, 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. As per as the report The South America Probiotic Supplements Market is projected to grow at a CAGR of 3.97% during the forecast period, 2023-28.

“If you haven’t caught it, our reports are undergoing an update. Hit the “request sample” button to access the most up-to-date sample research data and forecasts, covering a forecast for 2024 to 2030. This report would have insights on market size, industry trends, and a competitive analysis along with all the market information required for market analysis. So quickly grab a sample of our report and decide whether it would help you or not in your strategic decision making”.

Possible Restraint: High Price of Probiotic Supplements to Hinder the Market Growth

Extensive manufacturing and raw material cost of probiotics have notably hindered the revenue growth of the South America Probiotic Supplements market in developing countries such as Peru & Venezuela, among others. Moreover, South American countries, including Venezuela & Peru, among others except for Brazil, are highly dependent on imports which is a major factor leading to the high cost of probiotic supplements in the market. This restricted a wide variety of audiences in the Middle and Lower-middle Income group to opt for healthy diets, thereby constraining the growth potential of the probiotic supplements market.

Leading Companies in South America Probiotic Supplements Market:

Yakult SA Industria E Comercio, BioGaia, Bayer AG, Kerry Group, Nestle SA, Novartis SA, Archer Daniel Midland Company, Danone Group, FrieslandCampina Ingredients, The Procter & Gamble Company, Others.

South America Probiotic Supplements Market Segmentation:

By Form

-Solid Form

-Tablets

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 (Sachets, Syrups, BFS vials, etc.)

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

By Country

-Brazil

-Argentina

-Chile

-Colombia

-Rest of South America.

Get Full Access Of South America Probiotic Supplements Market Report : https://www.marknteladvisors.com/research-library/south-america-probiotic-supplements-market.html

By Country

-Brazil

-Argentina

-Chile

-Colombia

-Rest of South America.

Key questions answered in the South America Probiotic Supplements Market are:

•What is South America Probiotic Supplements Market?

•What was the market size in 2023?

•What is the growth rate of the South America Probiotic Supplements Market?

•Which are the factors expected to drive the market growth?

•What are the different segments of the South America Probiotic Supplements Market?

•What segments are covered in the Market?

•Who are the key players in the South America Probiotic Supplements Market?

About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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Email: sales@marknteladvisors.com  

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