PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279876
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279876
Global Probiotics Dietary Supplements Market is valued at approximately USD 7.01 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.0% over the forecast period 2023-2030. Probiotics are the natural bacteria that are present in the gut and other regions of the body. These bacteria are crucial for maintaining healthy digestive health by assisting with food digestion and nutrient absorption. They also assist in supporting the immune system by warding off dangerous germs and other diseases. Probiotics are dietary supplements that include live bacteria or yeasts and are intended to support the health of the immune and digestive systems. These supplements are made to include a lot of good bacteria, which can boost overall health and help to restore the normal balance of gut bacteria. The Probiotics Dietary Supplements Market is expanding because of factors such as the strong emphasis on preventive healthcare, rising governmental initiatives for health and nutrition, growing consumer awareness about the health benefits of probiotics, escalating aging population, availability of products in various forms including powders and chewable tablets.
In addition, the rising prevalence of digestive disorders such as irritable bowel syndrome (IBS), inflammatory bowel disease (IBD), and lactose intolerance is acting as a catalyzing factor for market growth across the globe. According to the National Institute of Diabetes and Digestive and Kidney Diseases, in 2018, nearly 68 percent of the global population are patients with lactose malabsorption majorly across Africa and Asia. Likewise, as per OMICS International, in Brazil, around 85% of the population is suffering from lactose intolerance. Moreover, as per Medline Plus, in 2022, more than 30 million American adults are estimated to suffer from lactose intolerance by age 20. Thus, these aforementioned factors are propelling the growth of the Probiotics Dietary Supplements Market during the estimated period. Moreover, the extensive investment in R&D activities, as well as the increasing availability of the product on the various e-commerce platform is presenting various lucrative opportunities over the forecasting years. However, the lack of standardized regulations and the higher product prices are hampering the market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Frontotemporal Disorders Treatment Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing prevalence of obesity and digestive distress, increasing preference towards the adoption of the supplement products, and growing health awareness among the population. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecasting years. The rising governmental initiatives for health and nutrition, growing focus on preventive healthcare, and increasing aging population are significantly propelling the market demand across the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable