Europe Probiotic Supplements Market Trends, Share, Demand, Growth 2021-26
According to the latest report by IMARC Group “Europe Probiotic Supplements Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, The Europe probiotic supplements market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 10% during 2021-2026.
Probiotic supplements are the type of dietary products that include microorganisms as functional ingredients. These supplements are enriched with some common microorganisms such as Lactobacilli, Bifidobacterium, Streptococcus, Saccharomyces Boulardii, etc. As a result, probiotic supplements help in maintaining a healthy balance of gut microbiomes, boosting immunity, reducing inflammatory responses, improving mental health conditions, etc. These supplements are generally available in the forms of food supplements, infant formula, nutritional supplements, specialty nutrients, etc.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
In Europe, the increasing prevalence of various chronic diseases, such as Gastroesophageal Reflux Disease (GERD), Crohn’s disease, gastroenteritis, etc., is primarily propelling the demand for probiotic supplements. Moreover, the escalating geriatric population, who are more prone to such ailments, is also bolstering the market growth in the region. Besides this, the gradual shift in consumer preferences from carbonated drinks towards functional and probiotic beverages is further providing a thrust to the market. Additionally, the launch of several innovative product variants in exotic flavors and attractive packaging is also catalyzing the sales of probiotic supplements in Europe. In the coming years, the changing consumer inclination from chemical additives-based supplements towards organic, natural, and clean-labeled alternatives, including probiotic supplements, will continue to propel the market growth in Europe.
Breakup by Ingredient:
- Saccharomyces Boulardii
Breakup by Form:
Breakup by Application:
- Food Supplements
- Nutritional Supplements
- Speciality Nutrients
- Infant Formula
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Hospitals & Clinics
Breakup by Country:
- United Kingdom
Competitive Landscape with Key Player:
- Bio-K Plus International Inc.
- Chr. Hansen Holding A/S
- Daflorn Probiotics UK
- Danone S.A,
- IPA EUROPE
- PepsiCo Inc.
- Yakult Honsha.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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