The global probiotics dietary
supplements market size is
anticipated to reach USD 7.10 billion by 2026 growing at a CAGR of 7.8% from
2018 to 2026 according to a new report published by Polaris Market Research
Probiotics are live bacteria’s that
facilitates digestive functioning in human body. Most of the bacteria are
considered under probiotic but in specific terminology Lactobacillus is
commonly found across fermented food and beverages. The common application of
probiotics in human includes treatment of certain conditions such as Irritable
bowel syndrome, Inflammatory bowel disease, and diarrhea caused by antibiotics.
Rising awareness about consumer
wellbeing through health care, expanding research and development funding for
developing cutting edge probiotics products, and growing interest from
developed countries are fueling the market growth. Likewise, high item
proliferation is influencing the market growth. On the other hand, stringent
regulations, low consumer awareness are hindering the market.
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Some of the key players profiled in
the global probiotic dietary supplements market: BioGaia AB (Sweden), Winclove
Probiotics BV (the Netherlands), Probi AB (Sweden), AB Biotics, SA (Spain),
Probiotical SpA (Italy), Super Smart Holdings Limited (Hong Kong) and Protexin
(U.K).
The demand for preventive medicines
businesses is on the ascent, because of the high number of baby boomers
experiencing digestive related afflictions, the higher enthusiasm of
middle-aged grown-ups in maintaining digestive health, alongside the absence of
balanced dietary intakes. The benefits of probiotics for other health
conditions, such as sports nutrition, immunity, and women’s health, among many
others are becoming increasingly common as clinical research continues to
introduce the ways in which the strains of bacteria strengthen health.
Rising obesity rates in US and
shifting emphasis on weight management solutions, with solid spotlight on
satiety, calorie-consuming, and fat-burning ingredients properties. The growing
demand for weight management is one of the key factors positively impacting the
probiotic dietary supplements market.
As per the national Digestive
Diseases Information Clearinghouse (NDDIC), over 70 million people in the U.S.
suffer from digestive diseases and an additional 50 million suffer from chronic
constipation. Such rapidly including heath concerns has resulted in increased
consumption of probiotics dietary supplements.
Asia Pacific and Africa, being the
biggest future markets for probiotics dietary supplements where lack of
consumer awareness and need for various health and wellness measures are among
the prime objectives that requires immediate attention. Environmental factors
play significant role in production of probiotics, as microorganisms are highly
sensitive to our altering environment.
Government controls, investment in
research & development, and rising awareness for healthy lifestyles are the
components that are relied upon to enhance probiotics demand in the next few
years. anticipated to drive industry growth over the forecast period.
Brazil, China and India are among the promising marketspaces in this
sector.
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