North America Probiotic Supplements Market Size, Growth, Share and Competitive Landscape – 2028

Markntel Advisors’ report, North America Probiotic Supplements Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2028, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the North America Probiotic Supplements presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

North America Probiotic Supplements Market Research Report & Market Summary:

The North America Probiotic Supplements market is projected to grow at a CAGR of around 5.76% during the forecast period, i.e., 2023-28. The high consumption of processed food, the presence of high calories, saturated fat & added sugar, and the lack of proper nutrients in a typical American diet are the factors responsible for market growth. Furthermore, an upsurge in research grants for the development of new probiotic supplements & rising probiotic sports supplements in the region greatly contributed to the market growth. 

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North America Probiotic Supplements Market Dynamics:

Key Driver-

Prevalence of Gastrointestinal Diseases Across the Region – With the increasing number of gastrointestinal diseases across the region, the demand for probiotic supplements has been boosted. Countries with sizeable populations, such as the US, Canada, etc., have reported an increase in the number of gastrointestinal diseases. In addition, the growing cases of irritable bowel syndrome, Crohn’s, and liver diseases have been some of the major factors attributing to the growth in the cases of gastrointestinal disease. Degrading eating habits & genetic disorders are chiefly responsible for the growing number of liver disease cases among the population.

Furthermore, the rise in research & development activities by the companies and their addition of new probiotic supplements have assisted in providing different supplements for patients suffering from gastrointestinal diseases such as hemorrhoids, constipation, etc. Hence, this is expected to encourage consumers to use probiotic supplements, resulting in increased market growth in the coming years.

North America Probiotic Supplements Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Form

• Solid Form
  • Tablets
    • By End User
      • Kids (3.1 to 15 years)
      • Adults (Above 15 years)
    • Capsules
      • By End User
        • Kids (3.1 to 15 years)
        • Adults (Above 15 years)
      • Gummies
        • 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

Here, Capsules & Powder acquired significant growth during the historical period. Capsules have a high comparative advantage over tablets and are chewable for senior citizens. They also help in reducing the formation of acids in the gastrointestinal tract. Additionally, the presence of added sugars in chewable & gummies has decreased their usage among adults & infants.

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

Among all, Pharmacies witnessed a considerable growth rate during the historical period, owing to the increasing penetration of probiotic supplements in the market with a diversified product portfolio. In response, pharmacies increased their prescription probiotic sales due to allergic risks associated with the product. The probiotic supplements may contain sugar, lactose, etc., which may severely affect the person with lactose intolerance and diabetes. These reasons have resulted in an increased demand for probiotic supplements from pharmacies during 2018-2021.

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

Of them, Digestive Health & Irritable Bowel Syndrome witnessed a considerable growth rate during the historical period. As the digestive system plays a key role in maintaining the overall health of the body, it is imperative that the stomach is fed healthy foods containing vitamins, minerals, starch, proteins, and beneficial bacteria. However, the increasing adoption of western lifestyles & the rising promotion of unhealthy food through advertisements has facilitated several digestive issues, such as indigestion, abdominal pain, bloating, etc., among adults, infants, and kids across the North American region.

By Country

• The US
• Canada
• Mexico.

As indicated in the latest market research report published by Markntel Advisors, “North America Probiotic Supplements Research Report: Forecast (2023-2028)”, this report offers a detailed analysis of the industry, featuring insights into the North America Probiotic Supplements industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/north-america-probiotic-supplements-market.html

Top Companies Operating in the North America Probiotic Supplements Market:

• Yakult Honsha Ltd
• Nestle S.A
• BioGaia AB
• Hansen Holding A/S
• Danone S.A
• Kirkman Group Inc.,
• American Biologics LLC
• Biena Inc.
• Biotix Care
• Deerland Probiotics and Enzymes Inc.
• Others.

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Key Report Highlights:

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

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