Global Probiotic Market for Kids Size Study by Product, by Strain Type, by Sales Channel and Regional Forecasts 2022-2032

Description

Global Probiotic Market for Kids is valued at approximately USD 1679.01 million in 2023 and is anticipated to grow with a healthy growth rate of more than 5.36% over the forecast period 2024-2032. The probiotic market for kids is gaining significant traction due to the rising prevalence of digestive disorders among children, prompting a shift towards probiotics for their proven benefits in alleviating such conditions. Probiotics, which are live beneficial bacteria and yeasts, are increasingly being recommended by pediatricians to support children's overall well-being and to maintain a healthy digestive system. The development of kid-friendly probiotic formulations such as chewable tablets and gummies is a trend driving market growth, making it easier for children to consume these beneficial supplements.

The Global Probiotic Market for Kids is driven by increasing number of paediatricians are endorsing probiotics for children, recognizing their role in maintaining gut health and boosting immunity. Additionally, the market is benefitting from the ongoing development of new and appealing probiotic products specifically designed for children, including chewable tablets and gummies. These products cater to the health needs of children and also appeal to their taste preferences, thereby enhancing compliance. Moreover, preventive healthcare trends and expansion of eCommerce Platforms are anticipated to create lucrative opportunities for the market. However, availability of counterfeit products is going to impede the overall demand for the market during the forecast period 2024-2032.

The key regions considered for the Global Probiotic Market for Kids study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America, was the dominating among regional market in terms of revenue owing to factors such as increased awareness about the health benefits of probiotics for children is driving market expansion. Furthermore, The Asia Pacific region is witnessing rapid market growth due to rising disposable incomes and growing health consciousness among consumers, with countries such as China and Japan emerging as significant markets for probiotic products due to their increasing focus on preventive healthcare.

The major market players included in this report are:

Culturelle
BioGaia AB
Nutrition Care
BIOSTIME
Natural Factors Inc.
NOVA Probiotics
Jarrow Formulas
Life-Space
The Clorox Company
Dr. Willmar Schwabe Group
Church & Dwight Co. Inc.
Swanson

The detailed segments and sub-segment of the market are explained below:

By Product:

Liquid Drops
Powder
Ready-to-feed Liquids
Chewable Tablets
Gummies

By Strain Type:

Lactobacillus
Streptococcus
Bifidobacterium
Propionibacteria
Enterobacteria
Saccharomyces

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Global Probiotic Market for Kids Executive Summary

1.1. Global Probiotic Market for Kids Size & Forecast (2022- 2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Strain Type
- 1.3.3. By Sales Channel
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Probiotic Market for Kids Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Probiotic Market for Kids Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Incidence of Digestive Disorders Among Kids
- 3.1.2. Pediatrician Recommendations for Probiotics
- 3.1.3. Development of Kid-friendly Probiotic Formulations
3.2. Market Challenges
- 3.2.1. Prevalence of Counterfeit Products
- 3.2.2. Quality Concerns of Probiotic Products
3.3. Market Opportunities
- 3.3.1. Rising Disposable Income in Emerging Markets
- 3.3.2. Growth in Preventive Healthcare Trends
- 3.3.3. Expansion of eCommerce Platforms

Chapter 4. Global Probiotic Market for Kids Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Probiotic Market for Kids Size & Forecasts by Product 2022-2032

5.1. Segment Dashboard
5.2. Global Probiotic Market for Kids: Product Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Liquid Drops
- 5.2.2. Powder
- 5.2.3. Ready-to-feed Liquids
- 5.2.4. Chewable Tablets
- 5.2.5. Gummies

Chapter 6. Global Probiotic Market for Kids Size & Forecasts by Strain Type 2022-2032

6.1. Segment Dashboard
6.2. Global Probiotic Market for Kids: Strain Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Lactobacillus
- 6.2.2. Streptococcus
- 6.2.3. Bifidobacterium
- 6.2.4. Propionibacteria
- 6.2.5. Enterobacteria
- 6.2.6. Saccharomyces

Chapter 7. Global Probiotic Market for Kids Size & Forecasts by Sales Channel 2022-2032

7.1. Segment Dashboard
7.2. Global Probiotic Market for Kids: Sales Channel Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 7.2.1. Hypermarket/Supermarket
- 7.2.2. Specialty Stores
- 7.2.3. eCommerce
- 7.2.4. Drug Stores & Pharmacies
- 7.2.5. Health & Wellness Stores
- 7.2.6. Convenience Store
- 7.2.7. Departmental Stores
- 7.2.8. Mass Grocery Retailers

Chapter 8. Global Probiotic Market for Kids Size & Forecasts by Region 2022-2032

8.1. North America Probiotic Market for Kids
- 8.1.1. U.S. Probiotic Market for Kids
  - 8.1.1.1. Product breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Strain Type breakdown size & forecasts, 2022-2032
  - 8.1.1.3. Sales Channel breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Probiotic Market for Kids
8.2. Europe Probiotic Market for Kids
- 8.2.1. U.K. Probiotic Market for Kids
- 8.2.2. Germany Probiotic Market for Kids
- 8.2.3. France Probiotic Market for Kids
- 8.2.4. Spain Probiotic Market for Kids
- 8.2.5. Italy Probiotic Market for Kids
- 8.2.6. Rest of Europe Probiotic Market for Kids
8.3. Asia-Pacific Probiotic Market for Kids
- 8.3.1. China Probiotic Market for Kids
- 8.3.2. India Probiotic Market for Kids
- 8.3.3. Japan Probiotic Market for Kids
- 8.3.4. Australia Probiotic Market for Kids
- 8.3.5. South Korea Probiotic Market for Kids
- 8.3.6. Rest of Asia Pacific Probiotic Market for Kids
8.4. Latin America Probiotic Market for Kids
- 8.4.1. Brazil Probiotic Market for Kids
- 8.4.2. Mexico Probiotic Market for Kids
- 8.4.3. Rest of Latin America Probiotic Market for Kids
8.5. Middle East & Africa Probiotic Market for Kids
- 8.5.1. Saudi Arabia Probiotic Market for Kids
- 8.5.2. South Africa Probiotic Market for Kids
- 8.5.3. Rest of Middle East & Africa Probiotic Market for Kids

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Culturelle
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. BioGaia AB
- 9.3.3. Nutrition Care
- 9.3.4. BIOSTIME
- 9.3.5. Natural Factors Inc.
- 9.3.6. NOVA Probiotics
- 9.3.7. Jarrow Formulas
- 9.3.8. Life-Space
- 9.3.9. The Clorox Company
- 9.3.10. Dr. Willmar Schwabe Group
- 9.3.11. Church & Dwight Co. Inc.
- 9.3.12. Swanson

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes