North America Probiotic Supplements Market to Exhibit a Remarkable CAGR of 5.76% by 2028, Size, Share, Trends, Key Drive

North America Probiotic Supplements Market Overview and Insights:

According to MarkNtel Advisors Report, North America Probiotic Supplements Market projected to grow at a CAGR of around 5.76% during the forecast period, i.e., 2023-28.

North America Probiotic Supplements Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Time Period Captured in the Report:

Historical Years: 2018-21

Base Years: 2022

Forecast Years: 2023-28

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Possible Restraint: Premium Pricing of the Probiotic Supplements

Probiotic supplements have gained popularity as health-improving bacteria, which provide a preventive mechanism to avoid general disorders such as oral care, gastrointestinal diseases, etc. However, the prices of probiotic supplements have been on the higher side, which has restricted a wide variety of audiences in the middle and lower-income groups. Furthermore, probiotics supplements have a lower shelf life, therefore the manufacturers need cold storage to increase their shelf life, which requires a very high amount of cost might hinder market growth.

Who are the Key Players Operating in the North America Probiotic Supplements Industry?

The top companies of the North America Probiotic Supplements market ruling the industry are:

Yakult Honsha Co. 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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What is Included in North America Probiotic Supplements Market Segmentation?

The report has segmented the market into the following categories:

-By Disease

Digestive Health
Irritable Bowel Syndrome
Oral Diseases
Immunity Based Diseases
Others (Cardiovascular diseases, Obesity, etc.)

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.

These issues have led to an increase in the demand for probiotic supplements backed by their natural healing properties during 2018-2021. As a consequence, the rising awareness among residents regarding the side effects of traditional medicine intake and the advantages associated with the consumption of probiotic supplements is expected to proliferate the demand for probiotic supplements during 2023-2028.

-By Form

Solid Form
Capsules
Gummies
Powder
Chewable
Others

-By End User

Infant
Kids
Adults

-By Distribution Channel

Pharmacies
Health Beauty Speciality Stores
Supermarkets Hypermarkets
Convenience Stores
Online Stores

Geographical Analysis:

-By Country

The US

Canada

Mexico

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