Europe Probiotic Supplements Market Comprehensive Analysis and Forecast 2023 to 2028
Europe Probiotic Supplements Market Overview: 2023-2028
Base Year: 2022
Historical Years: 2018-21
Forecast Years: 2023-2028
The Europe Probiotic Supplements Market is projected to grow at a CAGR of around 4.78% during the forecast period, 2023-28. The Europe Probiotic Supplements Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisor’s Europe Probiotic Supplements Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Europe Probiotic Supplements Market drivers, barriers, Europe Probiotic Supplements Market Trends, and Key Players in Europe Probiotic Supplements Market.
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Europe Probiotic Supplements Market Dynamics: 2023-2028
Possible Restraint: High Cost of the Probiotic Supplements to Hinder the Market Growth
The high costs associated with developing new probiotic strains, including lactobacillus, bifidobacterium infantis, etc., hindered the market growth, since maintaining the shelf life, monitoring, and exposure to oxygen are essential to bacteria's survival. Therefore, the investment in R&D and laboratories are pricey, and the requirement for trained professionals & research equipment is very costly. These are some factors that are expected to hamper the growth of probiotic supplements.
Furthermore, the probiotic supplements have a lower shelf life, therefore the manufacturers need cold storage to increase their shelf life, which requires a very high amount of cost & might hinder the market growth.
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Europe Probiotic Supplements Market (2023-30): Segmentation Outlook
The market report has segmented the market into the following categories:
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
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
Germany
The UK
France
Italy
Spain
Others.
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Top Companies Operating in the Europe Probiotic Supplements Market:
NutraScience Labs, Probium LLC, Deerland Enzymes, Chr. Hansen Holdings, ProbioFerm, Danone S.A, PepsiCo Inc., Bio-K Plus International Inc., Yakult Honsha Co Ltd, Daflorn ltd, Nestle, BioGaia, Lifeway Foods Inc., HempFusion Wellness Inc., Stada Arzneimittel AG, Others.
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