Europe Probiotic Supplements Market to Witness 4.78% CAGR Growth Amid Rising Demand and Innovation

MarkNtel Advisors recently published a detailed industry analysis of the Europe Probiotic Supplements Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Europe Probiotic Supplements Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028
The Europe Probiotic Supplements Market is projected to grow at a CAGR of around 4.78% during the forecast period, 2023-28.
Key Findings in Europe Probiotic Supplements Market:
- Historical Analysis: 2018–2021
- Base Year: 2022
- Forecast Period: 2023–2028
Leading Market Players- NutraScience Labs, Probium LLC, Deerland Enzymes, Chr. Hansen Holdings, ProbioFerm, Danone S.A, PepsiCo Inc., Bio-K Plus International Inc., Yakult Honsha Co Ltd, Daflorn ltd, Nestle, BioGaia, Lifeway Foods Inc., HempFusion Wellness Inc., Stada Arzneimittel AG, Others
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Europe Probiotic Supplements industry?
Growing Demand for Functional Food & Beverages to Escalate the Market Growth- In the region, due to the high prevalence of obesity, lactose intolerance, and the aging population, the demand for functional foods & beverages has experienced considerable growth during the historical years. In addition, the sales through supermarkets & hypermarkets are primarily augmenting the overall sales of probiotics in the regional countries such as Russia, Germany, and Spain, among others. Furthermore, the rising consumer awareness about the nutritional benefits of probiotic supplements, particularly among lactose intolerance consumers, is adding to the strong market growth.
Moreover, retailers like Sainsbury's are offering probiotic supplements under their private labeled tags to meet the growing demand for probiotic supplements among consumers in the area as a result of the region's increased consumption of probiotics. In addition, with the growing population as well as the increase in the demand for probiotic supplements, the manufacturing companies are expanding their operations through acquisition. For instance:
- In 2021, Archer Daniels Midland acquired Deerland Probiotics & Enzymes to expand its health & wellness products, which include probiotics & dietary supplements across the region.
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What segments define the Europe Probiotic Supplements Market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
By Form
- Solid Form
- Tablets
- By End User
- Kids (3.1 to 15 years)
- Adults (Above 15 years)
- By End User
- Capsules
- By End User
- Kids (3.1 to 15 years)
- Adults (Above 15 years)
- By End User
- Gummies
- By End User
- Kids (3.1 to 15 years)
- Adults (Above 15 years)
- By End User
- Powder
- By End User
- Infants (Upto 3 Years)
- Kids (3.1 to 15 years)
- Adults (Above 15 years)
- By End User
- Chewable
- By End User
- Kids (3.1 to 15 years)
- Adults (Above 15 years)
- By End User
- Others
- Tablets
- Solid Form
According to report, Among them, Capsules acquired a considerable growth rate during the historical period.
By End User
- Infant
- Kids
- Adults
- 16-35 Years
- 36-50 Years
- 51-65 Years
- Above 66 Years
By Distribution Channel
- Pharmacies
- Health & Beauty Speciality Stores
- Supermarkets & Hypermarkets
- Convenience Stores
- Online Stores
- Via E-commerce Players
- Supplier Selling Via Own Website
According to report, Of them all, the Online Stores witnessed a considerable market share in the Europe Probiotic Supplements market.
By Diseases
- Digestive Health
- Lactose Intolerance
- Constipation
- Others (Ulcerative Colitis, Colic, etc.)
- Irritable Bowel Syndrome (IBS)
- Oral Disease
- Immunity-based Disease
- Others
- Cardiovascular Diseases
- Respiratory Infections
- Obesity
- Memory/Mood/Relaxing
- Digestive Health
According to report, Here, Digestive Health grabbed a considerable share in the Europe Probiotic Supplement market during the historical period.
Geographical Analysis: Europe Probiotic Supplements Market
By Country
- The UK
- Germany
- France
- Italy
- Spain
- Others
Explore the Complete Europe Probiotic Supplements Market Analysis Report – https://www.marknteladvisors.com/research-library/europe-probiotic-supplements-market.html
Europe Probiotic Supplements Industry Recent Development:
- In 2021, Nestle launched a new infant probiotic supplement named Nan Care that helps support infants growing immune & digestive systems. It contains three supportive supplements that promote infant colic, immune health, and healthy bone development in babies & children.
- In 2020, ADM expanded its microbiome-related probiotic production capacity in Valencia, Spain, by acquiring Protexin & Biopolis.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Europe Probiotic Supplements Market?
- How is the Europe Probiotic Supplements Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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