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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Probiotic Dietary Supplements Market Outlook

The global probiotic dietary supplements market reached a value of about USD 7.84 billion in 2023. The industry is further expected to grow at a CAGR of 8.60% in the forecast period of 2024-2032 to reach a value of nearly USD 16.48 billion by 2032.

Global Probiotic Dietary Supplements Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 7.84
Market Size 2032 USD Billion 16.48
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 8.6%
CAGR 2024-2032 - Market by Region Asia Pacific 9.9%
CAGR 2024-2032 - Market by Country India 11.4%
CAGR 2024-2032 - Market by Country China 9.5%
CAGR 2024-2032 - Market by Application Food Supplements 9.7%
Market Share by Country 2023 Japan 4.3%

Global Probiotic Dietary Supplements Market

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Europe Accounts for a Significant  Share in the Global Market for Probiotic Dietary Supplements

Europe is a leading region dominating the market growth of probiotic dietary supplements. The growth of the market is being driven by strong consumer awareness about probiotics usage, easy availability aided by the existence of large industry manufacturers, and focus on product innovation. Further, the increasing concerns of consumers on preventive healthcare and the effectiveness of probiotic bacteria on health are additional factors propelling the growth of the regional market. The market growth can further be attributed to robust investments in research and development to develop new items to attract customer attention.

Probiotic Dietary Supplements: Market Segmentation

Probiotic dietary supplements are live microbial components in natural and herbal nutritional substances. They are made up of a mix of live bacteria and yeast that help the gut, intestines, and digestive system work better. Lactobacillus, Bifidobacterium, and Saccharomyces boulardii are among the healthy bacteria and yeast found in these supplements, which help to strengthen the immune system and manage inflammation in the body.

Global Probiotic Dietary Supplements Market By Segment

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Based on application, the market can be divided into:

  • Food Supplements
  • Nutritional Supplements
  • Speciality Nutrients
  • Infant Formula

The EMR report looks into the regional markets for probiotic dietary supplements like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

CAGR 2024-2032 - Market by Country
India 11.4%
China 9.5%
Canada 8.2%
Germany 7.1%
Italy 6.0%
USA XX%
UK XX%
France XX%
Japan 5.9%
Australia XX%
Saudi Arabia XX%
Brazil XX%
Mexico XX%

Global Probiotic Dietary Supplements Market By Region

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Rising Health Awareness Among Individuals is Boosting the Market Growth

The global market for probiotic dietary supplements is being driven by rising health awareness among individuals and the various health benefits offered by probiotic dietary supplements. The increasing prevalence of diseases such as obesity, diabetes, and blood pressure as a result of a hectic lifestyle and poor diet are some of the factors boosting the consumption of these supplements to improve the immune system and treat various gastrointestinal diseases, breast cancer, and dental caries, among others.

Further, the growing adoption of probiotic dietary supplements for the preparation of speciality nutrients in infant formula to avoid stomach related diseases, better growth, and development of infants, is positively influencing the market growth. In addition to this, the increasing consumer preference for natural products and the effectiveness of probiotic bacteria on health are additional factors supporting the growth of the market.

Key Industry Players in the Global Probiotic Dietary Supplements Market

The report gives a detailed analysis of the following key players in the global probiotic dietary supplements market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Twinlab Consolidation Corporation
  • Vitakem Nutraceuticals Inc.
  • Dietary Pros, Inc.
  • Chr. Hansen Holding A/S
  • Archer Daniels Midland Company
  • Custom Probiotics Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • Region
Breakup by Application
  • Food Supplements
  • Nutritional Supplements
  • Speciality Nutrients
  • Infant Formula
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Twinlab Consolidation Corporation
  • Vitakem Nutraceuticals Inc.
  • Dietary Pros, Inc. 
  • Chr. Hansen Holding A/S
  • Archer Daniels Midland Company
  • Custom Probiotics Inc.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global probiotic dietary supplements market attained a value of about USD 7.84 billion.

The market is projected to grow at a CAGR of 8.60% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of nearly USD 16.48 billion by 2032.

The market is being driven by the increasing adoption of probiotic diets owing to increasing gastrointestinal disorders, and growing focus on personal health.

The introduction of exciting flavours, organic ingredients, and affordable prices are some of the factors shaping the growth of the market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant applications of probiotic dietary supplements are food supplements, nutritional supplements, speciality nutrients, and infant formula.

The major players in the industry are Twinlab Consolidation Corporation, Vitakem Nutraceuticals Inc., Dietary Pros, Inc., Chr. Hansen Holding A/S, Archer Daniels Midland Company, and Custom Probiotics Inc., among others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124