The MarkNtel Advisors has released its latest report titled "South America Probiotic Supplements Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028." This comprehensive analysis provides valuable insights into the market, including market share data. The report encompasses competitive analysis, geographical research, and recent advancements in the market. Whether you are an investor, researcher, consultant, marketing strategist, or planning to enter the industry in any capacity, this analysis can greatly benefit you.
South America Probiotic Supplements Market Definition:
Probiotic refers to bacteria or yeast that are conducive to human health by providing various benefits such as the prevention of multiple diseases as well as improving immunity. Probiotic supplements such as tablets, capsules, chewable, gummies, etc., are added to food products and are consumed along with the food to improve the nutritional intake, enhance immunity, and prevent diseases. Furthermore, the increasing consumer awareness about the health benefits of consuming probiotic supplements ranging from digestive health, oral care, immune boosters, etc., escalated the demand for probiotic supplements in the region.
South America Probiotic Supplements Market Overview
The South America Probiotic Supplements Market is projected to grow at a CAGR of 3.97% during the forecast period, 2023-28.
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What are the Market Trend in the industry?
Market Trend
- Introduction of Probiotic Supplements for Infants’ & Children's Health Improvement
Probiotic supplement for infant diet is a new trend that has gained traction across South America. The major reason for the growth is gastrointestinal-based disease prevention, due to which consumers are increasingly adopting probiotic supplements. The launch of various kinds of probiotic supplements for babies, such as DanActive yogurt drinks, in the form of powder & liquid to add to their regular diets & support the well-being of the infants has notably increased the demand for probiotic supplements in the region.
Competitive Landscape With Leading Key Players:
The report's analysis of the South America Probiotic Supplements market's competitive environment includes thorough profiles of the major industry competitors.
Among these important figures are:
-Yakult SA Industria E Comercio
-BioGaia
-Bayer AG
-Kerry Group
-Nestle SA
-Novartis SA
-Archer Daniel Midland Company
-Danone Group
-FrieslandCampina Ingredients
-The Procter & Gamble Company
-Others
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Important South America Probiotic Supplements Market Segmentation
By Form
-Solid Form
--Tablets
---By End User
----Kids (3.1 to 15 years)
----Adults (Above 15 years)
--Capsules
---By End User
----Kids (3.1 to 15 years)
----Adults (Above 15 years)
--Gummies
---By End User
----Kids (3.1 to 15 years)
----Adults (Above 15 years)
--Powder
---By End User
----Infants (Upto 3 Years)
----Kids (3.1 to 15 years)
----Adults (Above 15 years)
--Chewable
---By End User
----Kids (3.1 to 15 years)
----Adults (Above 15 years)
--Others (Sachets, Syrups, BFS vials, etc.)
By End User
-Infant
-Kids
-Adults
--16-35 Years
--36-50 Years
--51-65 Years
-Above 66 Years
By Distribution Channel
-Pharmacies
-Health & Beauty Speciality Stores
-Supermarkets & Hypermarkets
-Convenience Stores
-Online Stores
--Via E-commerce Players
--Supplier Selling Via Own Website
By Diseases
-Digestive Health
--Lactose Intolerance
--Constipation
--Others (Ulcerative Colitis, Colic, etc.)
-Irritable Bowel Syndrome (IBS)
-Oral Disease
-Immunity-based Disease
-Others
--Cardiovascular Diseases
--Respiratory Infections
--Obesity
--Memory/Mood/Relaxing
By Country
-Brazil
-Argentina
-Chile
-Colombia
-Rest of South America
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Important Report Highlights:
- Historical Data (2018–2021)
- Base Year (2022)
- Market Prospects (2023–2028)
- Business Trends
- Drivers of the Market and Success Factors
- COVID-19's effects
- Value Chain Evaluation
- Comprehensive competitive landscape mapping
As part of the modification, we will give you any specific information you require that is not already covered by the report.
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals. Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
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