The latest report by IMARC Group, titled “Europe Probiotic Supplements Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. The Europe probiotic supplements market size reached US$ 1.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.63% during 2023-2028.
Probiotic supplements are dietary supplements that contain microorganisms as useful components. Lactobacilli, Bifidobacterium, Streptococcus, Saccharomyces Boulardii, and other common bacteria are included in these supplements. As a result, probiotic supplements aid in the maintenance of a healthy balance of gut microbiomes, the enhancement of immunity, the reduction of inflammatory responses, the improvement of mental health issues, and so on. These supplements are commonly accessible as food supplements, infant formula, nutritional supplements, specialist nutrients, and so on.
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Europe Probiotic Supplements Market Trends and Drivers:
The rising prevalence of chronic disorders such as gastroesophageal reflux disease (GERD), Crohn’s disease, gastroenteritis, and others is driving the demand for probiotic supplements throughout Europe. Furthermore, the region’s growing senior population, which is more susceptible to such disorders, is boosting market growth. Aside from that, the gradual movement in consumer tastes away from carbonated drinks and toward functional and probiotic beverages is propelling the industry forward. Furthermore, the introduction of various unique product varieties in exotic flavors and attractive packaging is boosting probiotic supplement sales in Europe. In the coming years, the shifting consumer preference away from chemical additive-based supplements and toward organic, natural, and clean-labeled alternatives, such as probiotic supplements, will drive market expansion in Europe.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Ingredient:
- Bacteria
- Lactobacilli
- Bifidobacterium
- Streptococcus
- Yeast
- Saccharomyces Boulardii
- Others
Breakup by Form:
- Powder
- Tablet
- Liquid
- Others
Breakup by Application:
- Food Supplements
- Nutritional Supplements
- Speciality Nutrients
- Infant Formula
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Hospitals & Clinics
- Pharmacies
- Online
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Russia
- Italy
- Spain
- Others
Competitive Landscape with Key Player:
- BioGaia
- Bio-K Plus International Inc.
- Chr. Hansen Holding A/S
- Daflorn Probiotics UK
- Danone S.A,
- Exden
- IPA EUROPE
- PepsiCo Inc.
- Vitafoods
- Yakult Honsha.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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