The South America Probiotic Supplements Market is expected to grow at a CAGR of around 3.97% during the forecast period, i.e., 2023-28. MarkNtel Advisors' recently published versions of the study on the South America Probiotic Supplements Industry (2023-2028) have been closely monitored. The factual data related to it has been intensively crafted, conducting primary and other market research processes & strategies.
Essential Parameters
- Timeframe and Metrics
- Historical Period: 2018-21
- Base Year: 2022
- Forecast Years: 2023-2028
- Units: USD Million/Billion
- Our goal is to offer clients with relevant and up-to-date information. To achieve this, our skilled analysts and researchers conduct thorough studies on the industry.
- Before creating a roadmap or checklist for the research report, we seek to understand the client's perspective and objectives.
- The figures in our reports are tailored with input from industry experts, ensuring our reports are comprehensive solutions for clients.
- We use both primary and secondary research approaches to gather unbiased and comprehensive market information.
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Key Driver: 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.
Analyzing the Segmentations for the South America Probiotic Supplements Market
Knowing the fragmentation of the market makes one understand the versatility & nature of the industry in a very detailed and informed way. This section of the research report talks about how every segmentation plays a role in enhancing the market share & size. Read further to get familiar with the market segmentations:
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
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Exploring the Geographical Landscape of the South America Probiotic Supplements Industry
Our skilled researchers and analysts provide a detailed overview of each region or country, to help stakeholders understand the market status in these areas. They are:
-Brazil
-Argentina
-Chile
-Colombia
-Rest of South America.
Do You Know Who are the Leading Companies in the South America Probiotic Supplements Market?
Key competitors are the major role-players of any market, working to innovating & expanding the industry landscape. Look below to know about the South America Probiotic Supplements Market companies:
-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 (Kevita (PepsiCo Inc.), Chr. Hansen Holding A/S, etc.).
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Key Questions Addressed in the South America Probiotic Supplements Market Research Report:
- What is the estimated size, share, and CAGR of the South America Probiotic Supplements Market in the forecast period?
- What are the key trends projected to impact the South America Probiotic Supplements Market during 2023-2028?
- What are the different segments & sub-segments considered in the South America Probiotic Supplements Market research study?
- Who are the key stakeholders and players participating in the South America Probiotic Supplements Market?
- What are the major aspects creating opportunistic arena for the South America Probiotic Supplements Market?
- What would be the demand for different types of products/services in the South America Probiotic Supplements Market through 2028?
- What all factors would create challenge for the South America Probiotic Supplements Industry growth?
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