The Global Probiotics Market Forecasted to Flourish as Wellness Trends Gain Momentum, the Market to Hit $115.07 Billion - Focus Research Report by Arizton
Articolo Precedente
Articolo Successivo
Probiotics Market Report Scope
North America has the largest market share in the global probiotics market (2023). In 2023, the functional food and beverage segment accounted for a 83.06% share of the global probiotics market. The segment is anticipated to retain its market dominance during the forecast period. Customers have shown interest in purchasing probiotic-based functional foods, which will drive the market during the forecast period. The functional food & beverage segment is sub-segmented into dairy-based probiotics and non-dairy-based probiotics. Dairy-based probiotics include milk-based, yogurt-based, cheese-based, and others. Non-dairy-based probiotics include vegetable-based probiotics, fruit-based probiotics, cereal-based probiotics, and meat-based probiotics. Various diseases are increasing due to multiple reasons, such as unhealthy food consumption, changing lifestyles, and others. Many occur due to disturbed gut health. Thus, consumers prefer healthy foods & beverages that help to maintain gut health. They focus on offering foods with probiotics along with other nutrients. Therefore, the demand for functional food & beverage products will increase during the forecast period.
In 2023, the drug store segment accounted for a 15.29% share, with chain pharmacies experiencing rapid growth thanks to robust supply chains. Arizton forecasts an incremental growth of more than
$6 billion, marking a substantial absolute growth during the forecast period. These pharmacies, often situated near hospitals, serve as primary sources for medicines, including probiotics in various forms like tablets, powders, and capsules.
European countries are witnessing a surge in the proliferation of individual and chain pharmacies, with the latter benefiting from advantages in size and scale. This allows chain pharmacies to offer products at competitive prices compared to independent stores. Notable players in this domain include Walmart Stores, CVS Health Corporation, Walgreens Boots Alliances, McKesson Europe, Phoenix Group, and Penta Investments, operating across developed countries.
The COVID-19 pandemic further fueled the demand for pharmaceutical products, expanding the number of drug stores in developed nations.
Product Segmentation and Forecast
Vendors List
Key Questions Answered in the Report:
What factors are driving the global probiotics market?
What is the projected value of the global probiotics market by 2029?
Which segment leads the product type category in the probiotics market?
Which regions are significant players in the probiotics market?
Table of Content
CHAPTER – 1: Probiotics Market Overview
CHAPTER – 2: Probiotics Market
CHAPTER – 3: Probiotics Market Segmentation Data
![The Global Probiotics Market Forecasted to Flourish as Wellness Trends Gain Momentum, the Market to Hit $115.07 Billion - Focus Research Report by Arizton](https://mma.prnewswire.com/media/2382485/GLOBAL_PROBIOTICS_MARKET.jpg)
CHAPTER – 4: Key Regions Overview
CHAPTER – 5: Probiotics Market Prospects & Opportunities
CHAPTER – 6: Probiotics Industry Overview
CHAPTER – 7: Appendix
About Focused Reports by Arizton
Welcome to Focused Reports, an esteemed Arizton Advisory & Intelligence subsidiary committed to delivering precise and insightful market research reports across all key geographies. Our unique selling proposition lies in our affordable pricing, accurate data, in-depth research, and presentation-ready reports. With us, expensive market research is a thing of the past. We aim to be strategic, providing valuable data. Focus Reports is where folks come to name their ideas, create a compelling brand and a great-looking website, and attract customers with digital and social marketing.
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Contact Us:
Call: +1-312-235-2040
+1 302 469 0707
Mail: [email protected]
Website: https://www.focusreports.store/
Photo: https://mma.prnewswire.com/media/2382485/GLOBAL_PROBIOTICS_MARKET.jpg
Logo: https://mma.prnewswire.com/media/2326840/4638616/Focus_Reports_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/the-global-probiotics-market-forecasted-to-flourish-as-wellness-trends-gain-momentum-the-market-to-hit-115-07-billion---focus-research-report-by-arizton-302111740.html
![](https://rt.prnewswire.com/rt.gif?NewsItemId=EN83076&Transmission_Id=202404091450PR_NEWS_EURO_ND__EN83076&DateId=20240409)