Market Research Report

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 Distribut...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
  • 157
  • 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: Forecast (2023-2028)

Asia-Pacific Probiotic Supplements Market Key Trend:

Advancements in Probiotics Supplements Such as Chewable Tablets - The growing advancement in probiotics supplements, such as the introduction of chewable tablets by different manufacturing companies, including BioGaia, Bayer group & FANCL, in the Asia-Pacific market, resulted in the increased demand for chewable probiotic supplements. As chewable tablets are easily delivered & these supplements are also used by children, their demand is expected to increase. Hence, the market is expected to grow in the coming years.

In addition, these tablets are a mixture of the essential nutrients & fluids used to replenish the loss of vital nutrients. These are easily available in pharmacies & chemist stores, online platforms, etc. Further, with the growing number of customers in the countries such as India, China, etc., the demand for chewable tablets has seen an upward trend across the region.

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

The Asia-Pacific Probiotic Supplements Market study of MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment & includes predictions for the period 2023–2028 at the global, regional, and national levels. Based on the Diseases the market has been further classified as:

Based on the Diseases:

  • Digestive Health
    • Lactose Intolerance
    • Constipation
    • Others (Ulcerative Colitis, Colic, etc.)
  • Irritable Bowel Syndrome (IBS)
  • Oral Diseases
  • Immunity-based Diseases
  • Others (Cardiovascular Diseases, Respiratory Infections, Obesity, etc.)

By capturing the potential share, Digestive Health has witnessed an upsurge in the Asia-Pacific Probiotics Supplement Market owing to the poor digestive health of individuals. Lactose intolerance & other digestive diseases such as constipation, IBS, and others can lead to chronic diseases such as osteoporosis, hemorrhoids, intestine cancers, anal fissures, etc. As a result, to avoid such serious chronic diseases, customers are actively switching to supplement products for improved digestive health.

Moreover, the digestive system contains approximately 80% of the microbes found in the human body, and taking supplements improves the digestive system of the body. The nutrients absorbed by the digestive system are delivered to other body parts for the proper functioning of organs such as the heart, lungs, brain, and various others. Thus, it is reasonable to keep the digestive system fit & healthy for the body to function properly.

Asia-Pacific Probiotic Supplements Market Regional Projection

Geographically, the Asia-Pacific Probiotic Supplements Market expands across:

  • China
  • Japan
  • India
  • South Korea
  • Australia

Of all the countries across Asia-Pacific, the China Probiotics Supplement market has shown notable growth, holding the substantial market share in the historical years due to the growing demand for supplements for improving gut health diseases & enhancing the intestine's immunologic barrier. Furthermore, the demand for supplements to improve nutrient absorption & immunity in order to reduce the risk of cardiovascular disease drove market growth.

Following COVID-19, increased health consciousness & demand to amplify immunity among customers of the country strengthened market sales of probiotic supplements. Besides, increased investment by major supplement manufacturers, as well as the launch of specialized products for the region's infant, adult, women, and elderly populations, have greater market sales and is anticipated to augment the market growth in the forthcoming years as well.

Asia-Pacific Probiotic Supplements Industry Recent Developments 

  • 2020: Beroni Group launched a new probiotic supplement, named Beilemei, to improve health issues in China. They aimed to modulate the functionality of intestinal & bacterial infection in the human body & helped to suppress the activity of pathogens.
  • 2020: Chr. Hansen Holding acquired HSO Health Care GmbH. Under this acquisition, they aimed to improve probiotic supplements for women's health issues & expanded their global probiotic supplement platform. They together helped to improve the microbial infections related to women's health.

Asia-Pacific Probiotic Supplements Market Key Driver:

Rise in the Number of Vaginal & Urinal Tract Infections in Women to Increase Market Growth - Vaginal infection is one of the critical illnesses with a rapid increase in the countries such as China, India, etc. The Asia-Pacific region has witnessed an increase in the demand for probiotic supplements, which aid in the provision of various solutions to treat urinal tract infections. As they offer effective solutions for the treatment of health-related issues. According to National Health Services, urinal tract infection is the second most common infection in women, and nearly 8.1 million women seek medical advice for infection each year.

Furthermore, with the rapid rise of dialysis centers across the world & the rapid surge in cases of kidney failure, the need for supplements has grown. Moreover, probiotic solutions required for treating urinal tract infections would become increasingly popular as these supplements could enhance immunity, improve fertility, and decrease the risk of traveler's diarrhea.

Additionally, the rising health issue of the population and the growing capacity of manufacturing companies such as Beroni group, Biocodex, etc., for the development of new probiotic supplements to improve women's vaginal health would enhance the sales of probiotics supplements in the APAC market.

Asia-Pacific Probiotic Supplements Market Possible Restraint:

High Pricing of the Probiotic Supplements to Restrict the Growth - The increased demand & popularity of probiotic supplements to avoid several disorders like gastrointestinal diseases, irritable bowel syndrome (IBS), oral diseases, immunity-based diseases, etc., are prevalent in the Asia-Pacific region. Despite this, middle-class & price-sensitive customers are dissuaded from consuming probiotic supplements due to the high cost. Consequently, economically priced health supplements have become the center of the market for consumers seeking healthy diet options.

Gain a Competitive Edge with Our Asia-Pacific Probiotic Supplements Market Report

  1. Asia-Pacific Probiotic Supplements Market report provides a detailed and thorough analysis of market size, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics and make informed decisions.
  2. This report also highlights current market trends and future projections, allowing businesses to identify emerging opportunities and potential challenges. By understanding market forecasts, companies can align their strategies and stay ahead of the competition.
  3. Asia-Pacific Probiotic Supplements Market report aids in assessing and mitigating risks associated with entering or operating in the market.
  4. The report would help in understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks and optimize their operations.

Frequently Asked Questions

   A. The Asia-Pacific Probiotic Supplements Market is expecting around a 5.27% CAGR during 2023-28.

   A. Digestive Health Supplements are anticipated to emerge as an opportunity area for the leading players in the market during the forecast period.

   A. A combination of probiotic supplements with prebiotics to support health would create an opportunity for the Asia-Pacific Probiotic Supplement market.

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

 

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Impact of COVID-19 on Asia-Pacific Probiotic Supplements Market
  5. Asia-Pacific Probiotic Supplements Market Trends & Insights
  6. Asia-Pacific Probiotic Supplements Market Dynamics
    1. Drivers
    2. Challenges
  7. Asia-Pacific Probiotic Supplements Market Regulations & Policies
  8. Asia-Pacific Probiotic Supplements Market Supply Chain Analysis
  9. Asia-Pacific Probiotic Supplements Market Hotspots & Opportunities
  10. 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
            1. By End User
              1. Kids (3.1 to 15 years)
              2. Adults (Above 15 years)
          2. Capsules
            1. By End User
              1. Kids (3.1 to 15 years)
              2. Adults (Above 15 years)
          3. Gummies
            1. By End User
              1. Kids (3.1 to 15 years)
              2. Adults (Above 15 years)
          4. Powder
            1. By End User
              1. Infants (Upto 3 Years)
              2. Kids (3.1 to 15 years)
              3. Adults (Above 15 years)
          5. Chewable
            1. By End User
              1. Kids (3.1 to 15 years)
              2. 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
  11. Asia-Pacific Probiotic Supplements Market Key Strategic Imperatives for Growth & Success
  12. 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
  13. Disclaimer


Asia Pacific Probiotic Supplements Market - Segmentation Slide