Global Probiotic Dietary Supplement Market Growth 2019-2024

Probiotics are the friendliest types of bacteria and take up residence in our body from the day we are born. Probiotics are live micro-organisms which, when administrated in adequate amounts, confer a health benefit on the host. While the traditional delivery vehicle for probiotics was fresh dairy products, they are now found in many varieties of food, beverages, dietary supplements and healthcare products. In this report, the probiotic dietary supplement are counted, which include Nutrition Supplements, Food Supplements, Infant Formula, Other type probiotic dietary supplement.
The global industry is dynamic and highly competitive. Companies focus more on R&D activities to develop new products. Some of the major companies include BioGaia and Probi AB, Chr. Hansen A/S, etc. among others. The industry is characterized by a high level of integration between raw material providers, manufacturers, and supplement manufacturers. BioGaia and Probi AB show such an integration across the value chain. Suppliers play an important role in integrating the value chain by providing quality raw materials. It helps the companies to integrate their businesses in a cost-effective way and shields them from hassles associated with raw material procurement. Companies such as Chr. Hansen is a leading global supplier of scientifically documented probiotic strains for infant formula, dietary supplement and health-care companies around the world.
Currently, a major challenge affecting the market growth is the limitation of downstream market. As large demand of healthy products at home and abroad, many companies began to enter the field. Therefore, Probiotic Dietary Supplement market share is high fragmented.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption value will keep rapid growth.

According to this study, over the next five years the Probiotic Dietary Supplement market will register a 7.5% CAGR in terms of revenue, the global market size will reach US$ 4260 million by 2024, from US$ 2760 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Probiotic Dietary Supplement business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Probiotic Dietary Supplement market by product type, application, key manufacturers and key regions and countries.

This study considers the Probiotic Dietary Supplement value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Powder Stick Pack
Capsule
Tablet
Probiotic Drops
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Pharmacy
Supermarkets
Online Stores
Hospitals and Clinics
Direct Sales

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
BioGaia
Probi AB
i-Health
Winclove
Probiotics International Ltd (Protexin)
UAS Labs
...

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Probiotic Dietary Supplement consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Probiotic Dietary Supplement market by identifying its various subsegments.
Focuses on the key global Probiotic Dietary Supplement manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Probiotic Dietary Supplement with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Probiotic Dietary Supplement submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.