South America Probiotic Supplements Market Size, Share, Trends, Analysis Future and forecast 2023-28

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Let’s Run Through the South America Probiotic Supplements Market Insights to Have a Clear View

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

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Examining the Top Competitors of the South America Probiotic Supplements Market Size:

In this section, we will explore the South America Probiotic Supplements Market from a competitive perspective, providing information on company profiles, financials, resources, key initiatives, R&D investments, strengths, weaknesses, and more. Leading companies in the market often form partnerships & collaborations to engage in joint venture programs, facilitating efficient resource sharing & goal achievement. Now, let's delve into the details & acquaint ourselves with these 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 (Kevita (PepsiCo Inc.), Chr. Hansen Holding A/S, etc.)

A Comprehensive Overview of Geographical Diversity:

the South America Probiotic Supplements Market expands across:

• Brazil
• Argentina
• Chile
• Colombia
• Rest of South America

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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.

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.

South America Probiotic Supplements Market Segmentation Outline:

• By Form (Solid Form (Tablets, Capsules, Gummies, Powder, Chewable, 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))

Key Questions Addressed in the South America Probiotic Supplements Market Research Report:

• What is the estimated size, share, & 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 2023-28?
• 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 would be the demand for different types of products/services in the South America Probiotic Supplements Market through 2028?

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Note: The South America Probiotic Supplements Market can further be customized with multi-dimensional, deep-level, & high-quality insights as per the specific requirements of clients to help them garner the industry's prospects, effortlessly encounter market challenges, adequately formulate different strategies, and make sound decisions to remain competitive in the market.

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