Global Probiotics Based Dietary Supplement Market Overview:
Probiotics are naturally occurring, live, healthy bacteria or yeasts that are found in the human body. Most people believe that bacteria are pathogenic organisms. On the other hand, both good and dangerous bacteria are constantly present in and on your body. Probiotics are healthy bacteria that support the body's normal operations. This beneficial bacterium helps humans in several ways, including helping you feel better and fending off bad bacteria when there are too many of them. In order to preserve equilibrium when a person has an infection, the good bacteria in the bodywork to flush out the bad ones. Therefore, probiotic dietary supplements are either supplements or a way to get good bacteria into the body. The probiotic-based dietary supplements market is anticipated to grow significantly due to the immense health advantages of probiotics, notably in the human digestive system and Bifidobacterium babies.
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- Increasing Consumer Awareness of Preventive Healthcare
- Global Functional Food Industry Growth
- The efficiency of Probiotic Microorganisms
- Lack of Knowledge about the Effectiveness and Application of Probiotics
- R&D Activities to Develop Efficient Probiotic Strains
- Pharmaceuticals Can Be Replaced By Probiotics
- Use of Antibiotic Growth Promoters in Feed Is Prohibited in Europe
- Probiotics are Becoming More Popular in Developed Economies
- Integration of Probiotics in Functional Foods Is Complicated
- Probiotic Intolerance to Bile and Stomach Acid
Global Probiotics Based Dietary Supplement is a fragmented market due to the presence of various players. The players are focusing on investing more in launching products to create and retain a wider consumer base. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are Vitakem Nutraceuticals Inc. (United States), ProbioFerm (United States), Probium (United States), Chr. Hansen Holding A/S (Denmark), Rajvi Enterprise (India), Probi (Sweden), ADM (United States), BioGaia (Sweden), Deerland Probiotics and Enzymes Inc. (United States) and DSM (Netherlands). Additionally, following companies can also be profiled that are part of our coverage like Bifodan (Denmark), Custom Probiotics Inc. (United States), Nutraceutix (United States) and BioCare Copenhagen (Denmark). Considering Market by Form, the sub-segment i.e. Capsules will boost the Probiotics Based Dietary Supplement market. Considering Market by Distribution Channels, the sub-segment i.e. Business to Business will boost the Probiotics Based Dietary Supplement market. Considering Market by Source, the sub-segment i.e. Yeast will boost the Probiotics Based Dietary Supplement market. Considering Market by End User, the sub-segment i.e. Food & Beverages Industry will boost the Probiotics Based Dietary Supplement market.
Latest Market Insights:
In September 2020, Chr. Hansen Holding A/S acquired all of the shares of Jennewein Biotechnologie GmbH, which is a leading player in the Human Milk Oligosaccharides market. The acquisition of Jennewein strengthens and expands Chr. Hansenís microbial and fermentation technology platforms by adding the emerging and exciting, high-growth business area of human milk oligosaccharides.
Probiotic use increased during the pandemic, according to a survey of 3,000 consumers done in May 2020 by DuPont Nutrition & Biosciences (Wilmington, DE) in partnership with the Natural Marketing Institute. Results revealed a 66 percent increase in the number of Americans who already use probiotic supplements, making nearly 25% of all supplement users (compared to 15 percent of total users six months prior).
What Can be Explored with the Probiotics Based Dietary Supplement Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Probiotics Based Dietary Supplement Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Probiotics Based Dietary Supplement
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Probiotics Based Dietary Supplement market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Probiotics Based Dietary Supplement market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Probiotics Developers, Probiotics suppliers, Regulatory Bodies, Potential Investors, Research and Development Institutes, End User and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.