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Asia-Pacific Probiotic Supplements Market Research Report: Forecast (2023-2028)

By Form (Solid Form [Tablets, Capsules, Gummies, Powder, Chewable], Other), By End User (Infant, Kids, Adults [16-35 Years, 36-50 Years, 51-65 Years, Above 66 Years]), By Distribution Channel (Health... ... ion Channel (Health & Beauty Speciality Stores, Supermarkets & Hypermarkets, Convenience Stores, Online Stores), By Diseases (Digestive Health, Irritable Bowel Syndrome [IBS], Oral Disease, Immunity-based Disease, Others), By Country (China, Japan, India, South Korea, Australia, Others), By Company (Kerry Group, DuPont de Nemours, Inc., Chr. Hansen, BioGaia, Probi AB, Bayer Group, Novartis, Vitakem Nutraceuticals Inc., ProbioFerm, Probium, Dr. Joseph Mercola, Chr. Hansen Holding A/S, Yakult Honsha, Archer Daniel Midland Company, I-Health, Inc., The Procter & Gamble Company, Others) Read more

Food & Beverages
Mar 2023
Pages 157
Report Format: PDF, Excel, PPT

Market Definition

Probiotics Supplements are added to the diet to improve nutritional intake, enhance immunity, and prevent diseases. The Asia-Pacific Probiotic Supplements Market has vast production facilities & consumers of probiotic supplements in countries such as Australia, China, Japan, and India. Rising awareness for the adoption of a healthy lifestyle, cautious diets, increased vitamin & mineral intake, and other factors have aided market growth.

Market Insights & Analysis: Asia-Pacific Probiotic Supplements Market (2023-28)

The Asia-Pacific Probiotic Supplements Market is projected to grow at a CAGR of around 5.27% during the forecast period, i.e., 2023-28. The major factors that have augmented the growth are rising awareness for the adoption of a healthy lifestyle, cautious diets, increased vitamin & mineral intake, etc. Furthermore, the COVID-19 outbreak has driven the market to boost the human body's immune system.

Besides, surging research & development, as well as increased investment by companies such as Yakult, Nestle, and others, have propelled the region's supplement market. Scientists from the Chinese University of Hong Kong created a probiotic supplement to treat COVID-19 in 2020. This supplement could enhance immunity by increasing good gut bacteria in the human body. Similar activities have been observed in other countries. For instance:

In 2021, Probiotic specialist Probi acquired stakes in a New Zealand-based oral probiotics firm, 'Blis Technologies,' to manufacture selected bacterial strains. Blis includes two probiotic strains BLIS K12 & BLIS M18. These supplements have been beneficial in curing oral health.
In 2019, life Vantage expanded the probiotic supplement business in New Zealand. The company offered Protandim Nrf1 Synergizer, Protandim Nrf2 Synergizer, ProBio probiotic supplement, TrueScience Skin Care System, and TrueScience Hair Care System in the starting phase of business.

Report Coverage	Details
Study Period	Historical Data: 2018-21
	Base Year: 2022
	Forecast Period: 2023-28
CAGR (2023-2028)	5.27%
Country Covered	China, Japan, India, South Korea, Australia, Others
Key Companies Profiled	Kerry Group, DuPont de Nemours, Inc., Chr. Hansen, BioGaia, Probi AB, Bayer Group, Novartis, Vitakem Nutraceuticals Inc., ProbioFerm, Probium, Dr. Joseph Mercola, Chr. Hansen Holding A/S, Yakult Honsha, Archer Daniel Midland Company, I-Health, Inc., The Procter & Gamble Company, Others
Unit Denominations	USD Million/Billion

Moreover, it is projected that these demand for supplements would grow substantially in the Asia-Pacific region due to the growing adoption of probiotic tablets, chewable gummies, etc., for staying healthy. Besides, the presence of an extensive population in the countries like China, India, etc., and growing diseases such as obesity, gastrointestinal problems, and oral health would further boost the market for probiotic supplements in the region. Additionally, rising research & development in countries such as Australia, Japan, and New Zealand would contribute to market growth in the coming years.

Asia-Pacific Probiotic Supplements Market Research Report (2023-2028) - Table of Contents

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Impact of COVID-19 on Asia-Pacific Probiotic Supplements Market
Asia-Pacific Probiotic Supplements Market Trends & Insights
Asia-Pacific Probiotic Supplements Market Dynamics
1. Drivers
2. Challenges
Asia-Pacific Probiotic Supplements Market Regulations & Policies
Asia-Pacific Probiotic Supplements Market Supply Chain Analysis
Asia-Pacific Probiotic Supplements Market Hotspots & Opportunities
Asia-Pacific Probiotic Supplements Market Outlook, 2018-2028
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Form
    1. Solid Form
      1. Tablets
        
        By End User
        
        Kids (3.1 to 15 years)
        
        Adults (Above 15 years)
      2. Capsules
        
        By End User
        
        Kids (3.1 to 15 years)
        
        Adults (Above 15 years)
      3. Gummies
        
        By End User
        
        Kids (3.1 to 15 years)
        
        Adults (Above 15 years)
      4. Powder
        
        By End User
        
        Infants (Upto 3 Years)
        
        Kids (3.1 to 15 years)
        
        Adults (Above 15 years)
      5. Chewable
        
        By End User
        
        Kids (3.1 to 15 years)
        
        Adults (Above 15 years)
    2. Others
  2. By End User
    1. Infant
    2. Kids
    3. Adults
      1. 16-35 Years
      2. 36-50 Years
      3. 51-65 Years
      4. Above 66 Years
  3. By Distribution Channel
    1. Health & Beauty Speciality Stores
    2. Supermarkets & Hypermarkets
    3. Convenience Stores
    4. Online Stores
      1. Via E-commerce Players
      2. Supplier Selling Via Own Website
  4. By Diseases
    1. Digestive Health
      1. Lactose Intolerance
      2. Constipation
      3. Others (Ulcerative Colitis, Colic, etc.)
    2. Irritable Bowel Syndrome (IBS)
    3. Oral Disease
    4. Immunity-based Disease
    5. Others
      1. Cardiovascular Diseases
      2. Respiratory Infections
      3. Obesity
      4. Memory/Mood/Relaxing
  5. By Country
    1. China
    2. Japan
    3. India
    4. South Korea
    5. Australia
    6. Others
  6. By Company
    1. Competition Characteristics
    2. Market Share of Leading Companies
3. China Probiotic Supplements Market Outlook, 2018-2028
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Form
    2. By End User
    3. By Distribution Channel
    4. By Disease
4. Japan Probiotic Supplements Market Outlook, 2018-2028
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Form
    2. By End User
    3. By Distribution Channel
    4. By Disease
5. India Probiotic Supplements Market Outlook, 2018-2028
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Form
    2. By End User
    3. By Distribution Channel
    4. By Disease
6. South Korea Probiotic Supplements Market Outlook, 2018-2028
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Form
    2. By End User
    3. By Distribution Channel
    4. By Disease
7. Australia Probiotic Supplements Market Outlook, 2018-2028
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Form
    2. By End User
    3. By Distribution Channel
    4. By Disease
Asia-Pacific Probiotic Supplements Market Key Strategic Imperatives for Growth & Success
Competition Outlook
1. Competition Matrix
  1. Brand Specialization
  2. Target Markets
  3. Target End Users
  4. Research & Development
  5. Strategic Alliances
  6. Strategic Initiatives
2. Company Profiles
  1. Kerry Group
  2. DuPont de Nemours, Inc.
  3. Chr. Hansen
  4. BioGaia
  5. Probi AB
  6. Bayer Group
  7. Novartis
  8. Vitakem Nutraceuticals Inc.
  9. ProbioFerm, Probium
  10. Dr. Joseph Mercola
  11. Chr. Hansen Holding A/S, Yakult Honsha
  12. Archer Daniel Midland Company
  13. I-Health, Inc.
  14. The Procter & Gamble Company
  15. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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