Please Wait.....
Report
North America Probiotic Supplements Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Product Type (Capsules and Tablets, Gummies, Powder, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
Market Report I 2023-01-25 I 124 Pages I The Insight Partners
The North America probiotic supplements market is expected to grow from US$ 2,598.29 million in 2022 to US$ 3,791.38 million by 2028. It is estimated to grow at a CAGR of 6.5% from 2022 to 2028.
Increasing Consumer Focus on Preventive Health is Driving the North America Probiotic Supplements Market
Over the past few years, awareness regarding health and nutrition has increased significantly. Due to a busy lifestyle and hectic work schedules, people cannot concentrate on their health, fitness, and regular diet. This has led to an increase in the prevalence of various diseases such as obesity, diabetes, high blood pressure, skin problems, and digestive issues. Therefore, people are increasingly focusing on preventive health and preferring dietary supplements that provide enhanced nutritional benefits. Probiotic supplements support healthy body systems from mouth to gut and help control harmful microorganisms. The demand for probiotic-infused dietary supplements has also increased significantly in recent years due to rising population of health-conscious people and increasing prevalence of digestive diseases. For instance, according to the Centers for Disease Control and Prevention, 37.2 million people in the US visited physician offices with digestive system diseases as the primary diagnosis in 2018. Thus, people are getting more aware of their digestive health. A healthy digestive system has been linked to mental health and immune response improvements. Dietary supplements improve digestion and nutrient absorption. Probiotics reduce digestive issues such as constipation, inflammatory bowel disease (IBD), and irritable bowel syndrome (IBS). Hence, with the growing demand, manufacturers are introducing probiotic-infused dietary supplements, which are available in capsule, liquid, and powder forms. Digestive wellness is a prominent driving factor owing to the rising preference for healthy consumption. Probiotic supplements are growing in popularity among young consumers due to growing fitness trends. After the onset of the COVID-19 pandemic, consumers are prioritizing their health and actively searching for healthy alternatives and fitness activities to prevent lifestyle-related illnesses. People have started preferring immunity-boosting products such as probiotic supplements. Thus, with the rising consumer focus on preventive health, the demand for probiotic supplements that offer nutritional benefits is also increasing.
North America Probiotic Supplements Market Overview
The North America probiotic supplements market is segmented into the US, Canada, and Mexico. The consumption of probiotic supplements is gradually increasing in North America owing to the factors such as increasing consumer awareness about probiotic strains with multiple health benefits and increased focus on digestive health. Probiotic supplements are available in various forms, such as capsules and tablets, gummies, powder, and other forms, which are favorable for all age groups of the population. Moreover, digestive diseases continue to rise among North Americans. According to the GI Alliance report published on January 23, 2021, 20 million North Americans are diagnosed with chronic digestive diseases. Digestive diseases represent one of the most severe health problems regarding distress and pain in North American countries. The prevalence of digestive diseases has increased personal expenditures for treatment, lost working hours, and mortality. As probiotic supplements help maintain the overall gut in microflora and are a significant cure for gastrointestinal diseases, it is one of the major factors driving the North America probiotic supplements market.
North America Probiotic Supplements Market Revenue and Forecast to 2028 (US$ Million)
North America Probiotic Supplements Market Segmentation
The North America probiotic supplements market is segmented into product type, distribution channel, and country.
Based on product type, the North America probiotic supplements market is sub segmented into capsules and tablets, gummies, powder, and others. The capsules and tablets segment registered the largest market share in 2022.
Based on distribution channel, the North America probiotic supplements market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held a larger market share in 2022.
Based on country, the North America probiotic supplements market is segmented into the US, Canada, and Mexico. The US dominated the market share in 2022.
Bayer AG; BioGaia AB; Church & Dwight Co., Inc.; GNC Holdings, LLC; Nature's Bounty; Nature's Way Products, LLC; Nestle S.A.; NOW Foods; Pharmavite LLC; and SFI Health are the leading companies operating in the North America probiotic supplements market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. North America Probiotic Supplements Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. North America Probiotic Supplements Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Consumer Focus on Preventive Health
5.1.2 Rising Demand for Probiotic Supplements for Women's Health
5.1.3 Increasing Awareness of Health Benefits of Probiotics for Infants and Kids
5.2 Market Restraints
5.2.1 Complexities and Variations in Regulations Worldwide
5.3 Market Opportunities
5.3.1 Rising Strategic Development Initiatives
5.4 Future Trends
5.4.1 Growing Preference for Gummy Formats of Probiotic Supplements
5.4.2 Rising Trend of Consuming Non-GMO and Vegan Probiotic Supplements.
5.5 Impact Analysis of Drivers and Restraint
6. Probiotic Supplements Market - North America Market Analysis
6.1 North America Probiotic Supplements Market -Revenue and Forecast to 2028
7. North America Probiotic Supplements Market Analysis - By Product Type
7.1 Overview
7.2 North America Probiotic Supplements Market, By Product Type (2021 and 2028)
7.3 Capsules and Tablets
7.3.1 Overview
7.3.2 Capsules and Tablets: North America Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Gummies
7.4.1 Overview
7.4.2 Gummies: North America Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Powder
7.5.1 Overview
7.5.2 Powder: North America Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: North America Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
8. North America Probiotic Supplements Market Analysis - By Distribution Channel
8.1 Overview
8.2 North America Probiotic Supplements Market, By Distribution Channel (2021 and 2028)
8.3 Supermarkets and Hypermarkets
8.3.1 Overview
8.3.2 Supermarkets and Hypermarkets: North America Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Specialty Stores
8.4.1 Overview
8.4.2 Specialty Stores: North America Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Online Retail
8.5.1 Overview
8.5.2 Online Retail: North America Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: North America Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
9. North America Probiotic Supplements Market - Country Analysis
9.1 Overview
9.1.1 North America: Probiotic Supplements Market, by Key Country
9.1.1.1 US: Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: Probiotic Supplements Market, By Product Type
9.1.1.1.2 US: Probiotic Supplements Market, by Distribution Channel
9.1.1.2 Canada: Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Canada: Probiotic Supplements Market, By Product Type
9.1.1.2.2 Canada: Probiotic Supplements Market, by Distribution Channel
9.1.1.3 Mexico: Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico: Probiotic Supplements Market, By Product Type
9.1.1.3.2 Mexico: Probiotic Supplements Market, by Distribution Channel
10. Industry Landscape
10.1 Product launch
10.2 Expansion
11. Company Profiles
11.1 Bayer AG
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Pharmavite LLC
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 BioGaia AB
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Nature's Way Products, LLC
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Nestle S.A.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 SFI Health
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 GNC Holdings, LLC
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Nature's Bounty
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Church & Dwight Co., Inc.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 NOW Foods
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
LIST OF TABLES
Table 1. North America Probiotic Supplements Market -Revenue and Forecast to 2028 (US$ Million)
Table 2. US Probiotic Supplements Market, Product Type - Revenue and Forecast to 2028 (US$ Million)
Table 3. US Probiotic Supplements Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada Probiotic Supplements Market, By Product Type - Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada Probiotic Supplements Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
Table 6. Mexico Probiotic Supplements Market, By Product Type - Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico Probiotic Supplements Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
LIST OF FIGURES
Figure 1. North America Probiotic Supplements Market Segmentation
Figure 2. North America Probiotic Supplements Market Segmentation - By Country
Figure 3. North America Probiotic Supplements Market Overview
Figure 4. North America Probiotic Supplements Market, By Product
Figure 5. North America Probiotic Supplements Market, By Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. North America Probiotic Supplements Market - Ecosystem
Figure 9. Prevalence of Probiotic Use Over Time Among US Children and Adults
Figure 10. North America Probiotic Supplements Market Impact Analysis of Drivers and Restraints
Figure 11. North America: Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Probiotic Supplements Market Revenue Share, By Product Type (2021 and 2028)
Figure 13. Capsules and Tablets: North America Probiotic Supplements Market - Revenue and Forecast To 2028 (US$ Million)
Figure 14. Gummies: North America Probiotic Supplements Market - Revenue and Forecast To 2028 (US$ Million)
Figure 15. Powder: North America Probiotic Supplements Market - Revenue and Forecast To 2028 (US$ Million)
Figure 16. Others: North America Probiotic Supplements Market - Revenue and Forecast To 2028 (US$ Million)
Figure 17. North America Probiotic Supplements Market Revenue Share, By Distribution Channel (2021 and 2028)
Figure 18. Supermarkets and Hypermarkets: North America Probiotic Supplements Market - Revenue and Forecast To 2028 (US$ Million)
Figure 19. Specialty Stores: North America Probiotic Supplements Market - Revenue and Forecast To 2028 (US$ Million)
Figure 20. Online Retail: North America Probiotic Supplements Market - Revenue and Forecast To 2028 (US$ Million)
Figure 21. Others: North America Probiotic Supplements Market - Revenue and Forecast To 2028 (US$ Million)
Figure 22. North America: Probiotic Supplements Market, by Key Country - Revenue (2021) (US$ Million)
Figure 23. North America: Probiotic Supplements Market Revenue Share, by Key Country (2021 and 2028)
Figure 24. US: Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Canada: Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Mexico: Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security