Research Expert: Sarah Overall
  • Published: Oct 2024
  • Pages: 150
  • SKU: IRTNTR77523

  • Latest News:- Probiotics Market in US: Offline is expected to lead the Distribution Channel segment during 2024-2028

    Probiotics Market in US to grow at a CAGR of 8.16% during 2024-2028

    The Probiotics Market in US is expected to grow at a CAGR of 8.16% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 4.98 billion. The probiotics market in the US has experienced significant growth due to increasing consumer interest in natural and holistic skincare solutions. With extensive research highlighting the benefits of beneficial microorganisms on skin health, probiotics and their extracts have become essential components in cosmetics. The concept of the gut-skin axis, which emphasizes the interconnection between gut health and skin conditions, has gained traction, further boosting the demand for probiotic skincare products. These naturally occurring microorganisms offer extensive component profiles and varied physiological effects, making them a valuable addition to the cosmetics industry. 

    Get more information on Probiotics Market in US by requesting a sample report

    The Offline subsegment is expected to dominate the Distribution Channel segment during the forecast period 

    Technavio analysts predict that the Offline subsegment will lead the Distribution Channel segment during 2024 and 2028 The offline probiotics market in the US is primarily driven by sales through hypermarkets, supermarkets, and pharmacies. Established retailers such as Walmart Inc., Target, Kmart, and Walgreens have long been key players in this segment, offering a wide range of probiotic products. With increasing consumer awareness of individual health needs, particularly in areas like digestive and vaginal health, brick-and-mortar stores have expanded their offerings to include feminine probiotic supplements. This growing demand has significantly contributed to the revenue generation in the offline probiotics market. The credibility and trust associated with offline channels continue to fuel the segment's growth.

    Here are the various ways based on which the market is segmented: 

    • Distribution Channel
      • Offline
      • Online
    • End-user
      • Human probiotics
      • Animal probiotics
    • Product
      • Probiotic functional food and beverage
      • Supplements
      • Animal feed
    • Geography
      • North America

    Reasons to Purchase the Global Probiotics Market in US Market Research Report by Technavio. What is in it for you?

    • Wealth of Experience: Technavio is an established name in the world of market research. It holds an expertise of more than 20 years in the field, has published 21,000+ reports thereby extensively covering the area in various industries and range of regions
    • Insight into Current Market Trends: Our research reports provide our readers insights into the latest market intelligence, competitor strategies, market trends, changes taking place in the industry and customer preferences, forecasted market opportunities that influence them to make better business decisions
    • High ROI with Extensive Hands-on Research: Technavio is renowned for offering personalized market research reports as per unique business needs, delving deep into specific markets, product segments and demographics. Additionally, it is also well-known for providing high return on investments through its wide collection of data at pocket-friendly rates

    There are several factors that are causing the market to flourish health benefits of probiotics

    Learn which are the obstacles that the market is experiencing in the way of its growth by accessing the free PDF report

    Research Analysis Overview

    The Probiotics market in the US is experiencing significant growth, with key players like Gut Glory, Probi Digestis, and Probi Defendum leading the charge. Fermented milk products, such as probiotic yogurts, are popular choices for consumers seeking to improve their gut health and boost their immune system. The health benefits of probiotics are well-documented, with studies showing they can help alleviate digestive health issues like IBS (Irritable Bowel Syndrome) and other digestive disorders. The market is fragmented, with functional foods, beverages, dietary supplements, and ingredients all vying for a share. The epidemiology of gastrointestinal discomfort and the growing emphasis on preventive healthcare are driving demand for probiotic-rich foods and supplements. The healthcare infrastructure in the US is also supporting this trend, with an increasing number of healthcare providers recommending probiotics as part of a healthy diet. Synbiotic solutions, which combine probiotics with prebiotics, are also gaining popularity as they help promote the growth of healthy gut flora. Overall, the market for probiotics in the US is expected to continue growing as consumers become more health-conscious and seek natural ways to improve their microbiome and gut health. Health claims related to immune health and digestive health are the primary drivers of sales, making probiotics a must-have ingredient in the functional food and dietary supplement industries.

    Market Research Overview

    According to Technavio's market research, the Probiotics market in the US is classified under the Global Packaged Foods and Meats market, which falls within the Food Products segment of the Food, Beverage, and Tobacco industry. The Global Packaged Foods and Meats market encompasses food processing vendors engaged in eliminating microorganisms and extending shelf life. Technavio determines the market size based on the consolidated revenue of participating vendors, excluding those specializing in food processing equipment manufacturing. The market scope does not extend to producers of packaged alcoholic and non-alcoholic beverages, including mineral waters.

    The Probiotics Market in US is experiencing significant growth, fueled by the health benefits of probiotics. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

    Contacts

    Technavio Research
    Jesse Maida
    Media & Marketing Executive
    US: +1 844 364 1100
    UK: +44 203 893 3200
    Email: media@technavio.com
    Website: www.technavio.com/

     

    Read News Read Less
    Interested in this report?
    Get your sample now!

Safe and Secure SSL Encrypted

Technavio

  • 2500 USD

[5 reports/month/user]

  • 5000 USD

close
  • Basic Plan [5000 USD/Year]:

    Single User
    Download 5 Reports/Month
    View 100 Reports/Month
    Add upto 3 Users at 625 USD/user

  • Teams Plan [7500 USD/Year]:

    5 User
    Download 5 Reports/Month/User
    View 100 Reports/Month/User
    Add upto 30 Users at 500 USD/user

*You can upgrade to Teams plan at Subscription page

close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization).
    Complimentary Customization Included

*For Enterprise license, go to checkout page

Technavio Get the report (PDF) sent to your email within minutes.

Document