MarkNtel Advisors recently published a detailed industry analysis of the South America Probiotic Supplements Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

South America Probiotic Supplements, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028

The South America Probiotic Supplements Market is projected to grow at a CAGR of 3.97% during the forecast period, 2023-28. 

Key Findings in South America Probiotic Supplements Market:

• Historical Analysis: 2018 –2021
• Base Year: 2022
• Forecast Period: 2023-2028

Leading Market Players- 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

Key Highlights of the Report

• Market Dimensions And Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

What are the major Driver the South America Probiotic Supplements industry?

Prevalence of Gastrointestinal Diseases Among the Individuals to Aid the Market Growth-The increasing number of gastrointestinal diseases in South America has significantly boosted the demand for probiotic supplements. Some major countries with a sizeable population, such as Brazil, Chile, Argentina, etc., have reported an increase in the number of gastrointestinal diseases. In addition, the growing cases of irritable bowel syndrome, Crohn's, and liver diseases have been some of the major reasons attributing to the growth in the cases of gastrointestinal disease. Furthermore, degrading eating habits & genetic disorders are chiefly responsible for the growing liver disease cases among the region’s population.

In addition, the rise in research & development activities by the probiotic manufacturers such as DSM & Bayer, among others, have assisted in providing different supplements for patients suffering from gastrointestinal diseases such as hemorrhoids, constipation, etc. This would increase the consumption of probiotic supplements among the population.

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What segments define the South America Probiotic Supplements Market from 2023 to 2028? How do these segments contribute to market dynamics and growth?

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.)

According to report, Of them all, Capsules dominated the South America Probiotic Supplements Market during 2018-22.

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

According to report, Of them all, Pharmacies captured a considerable market share in the South America Probiotic Supplements market during 2018-22, owing mainly to consumers' rising preference to take probiotic supplements to maintain immunity & promote healthy living, thereby supporting pharmacies' burgeoning demand for them.

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

According to report, Here, Digestive Health acquired a major share in the South America Probiotic Supplements market during 2018-22.

Explore the Complete South America Probiotic Supplements Market Analysis Report –  https://www.marknteladvisors.com/research-library/south-america-probiotic-supplements-market.html

South America Probiotic Supplements Industry Recent Development:

• In 2020, BioGaia partnered with ETHICAL NUTRITION, Roemmers Nutritional Division, in order to sell BioGaia Protectis drops & BioGaia Protectis tablets in Argentina. The products have been sold under the BioGaia brand.

• In 2020, a biotechnology company, BioGaia, in collaboration with the Abbott Uruguay laboratory, Protectis, developed a probiotic supplement based on the probiotic strain - Lactobacillus Reuteri DSM 17938, derived from breast milk for the treatment of colic in infants. The product was made available for sale at the end of 2020.

Key Questions Addressed in This Study

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• How is the Southeast Asia Booster Compressor expected to evolve over the next five years?
• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

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MarkNtel Advisors is a leading research, consulting, And data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial And varied client base, including multinational corporations, financial institutions, governments, And individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing And forecasting, And trend analysis, among others, for 15 diverse industrial verticals.

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