The Global Probiotic Dietary Supplement Market is expected to be growing at a Compound Annual Growth Rate of 7.4%
Hyderabad, India -- (SBWIRE) -- 02/01/2018 -- According to a new market research report "Probiotic dietary supplements Market By Type (Sports Supplements, Food Supplements, Infant Formula, Nutrition Supplements And Specialty Nutrients) - Global Forecast to 2022", published by MarketDataForecast™, the market is expected to reach USD 5.09 Billion by 2022 from USD 3.54 Billion in 2016, at a CAGR of 7.9%. Factors driving the growth of this market include Excessive use of antibiotics in everyday life has resulted in the increase in demand for probiotic supplements. Increasing digestive disorders in infants and adults, high emphasis on research and technological advancements has aided the Probiotic dietary supplements market.
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Excessive use of antibiotics has led to autoimmune in pathogenic also it damages the gut flora in small intestine which is a very important constituent for digestion process. Here probiotics comes to play by helping in metabolism process and enhance the nutrients absorption process without damaging the gut flora.
Specialty nutrients are estimated to account for the largest market share in 2016
By type, the Probiotic dietary supplements Market are classified Food supplements, Sports Supplements, Infant formula, Nutritional Supplements, Specialty Nutrients and others. The Specialty nutrients segment is expected to lead the global Probiotic dietary supplements Market in 2016. Factors driving the growth of this segment include the high availability of these products and enhanced immune system due to their consumption.
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Infant Formula is the fastest growing segment as these products are very much suited to the dietary and nutritional needs of an infant and also because it is available in powder and liquid forms according to customer needs.
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Based on region, the Probiotic dietary supplements Market is segmented into North America, Europe, Asia, and Rest of the World (RoW). Europe is expected to dominate the Probiotic dietary supplements Market in 2016. This is attributed to factors such as accessibility to advanced technologies and the high adoption rate of innovative products in this region. Whereas, Asia pacific is having the fastest growth rate compared to other regions.
Key players in the Probiotic dietary supplements Market include NutraScience Labs, Probium LLC, Deerland Enzymes, Chr. Hansen Holding A/S, ProbioFerm, BioCare Copenhagen, Custom Probiotics, Inc., Contract NUTRA, Mercola Probiotics and Bifodan.
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