Abhay Rajput's blog : Europe Probiotic Supplements Market 2023 | Size, Share, Growth, Trends And Forecast 2028

IMARC Group, a leading market research company, has released a report titled “Europe Probiotic Supplements Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. According to the report, 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 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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Europe Probiotic Supplements Market Trends and Drivers:

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.

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.

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