Global Probiotic Dietary Supplements Market 2017-2021
About Probiotic Dietary Supplements
Probiotics are healthy microorganisms that help to maintain health when taken in sufficient amount. Probiotics dietary supplements are supplements manufactured by combining various strains of probiotics to treat or prevent the occurrence of diseases. Probiotic dietary supplements have various applications including, food and beverages, specialty nutrients, infant formula, and others. The global probiotic dietary supplements market is expected to be the fastest-growing segment of the global probiotics market. These products are available as tablets, capsules, powder, and stick forms.
Technavio’s analysts forecast the global probiotic dietary supplements market to grow at a CAGR of 8.21% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global probiotic dietary supplements market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Probiotic Dietary Supplements Market 2017-2021
Technavio recognizes the following companies as the key players in the global probiotic dietary supplements market: Bayer, Chr. Hansen Holding, DowDuPont, Lallemand, and Probi.
Other Prominent Vendors in the market are: Attune Foods, Bifodan, BioCare Copenhagen, Deerland Enzymes, Vertical Pharmaceuticals, Nebraska Cultures, Amsterdam – Winclove, NutraScience Labs, and Vitakem Nutraceutical.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing demand for weight management. Currently, consumers are more conscious about their snacking habits and are adopting healthy snacking. Healthy snacking fuels metabolism and are considered as a complement to weight-loss plan and a convenient way to satisfy hunger while attaining the vitamins and nutrients needs of the body.”
According to the report, one driver in the market is rising awareness of the benefits of probiotic supplements. Health benefits of consuming probiotic products will drive the market growth over the next five years. Consumption of probiotics supplements prevents the growth of harmful bacteria inside the digestive tract, leading to an improvement in nutrient absorption and bowel movements. Probiotic supplements increase Lactobacilli count in women and prevent diseases like bacterial vaginosis, yeast infection, and urinary tract infection. Consumption of commercial probiotic products improves the interstitial microbial balance by lowering the pH levels.
Further, the report states that one challenge in the market is lack of awareness in developing countries. There are ambiguities regarding probiotic products, their applications, and uses in many developing countries, such as India and Nigeria. In countries like India even though the awareness is more than that of Nigeria, the need for educating the common people is persistent. This lack of awareness often results in an ambiguity in the product's usage and refrains clinicians to recommend people from the consumption of such products in developing countries. In India, the concept of probiotics is new and the awareness was only restricted to urban areas.
Bayer, Chr. Hansen Holding, DowDuPont, Lallemand, Probi, Attune Foods, Bifodan, BioCare Copenhagen, Deerland Enzymes, Vertical Pharmaceuticals, Nebraska Cultures, Amsterdam – Winclove, NutraScience Labs, and Vitakem Nutraceutical.
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