South America Probiotic Supplements Market Size, Share, Trends, Demand, Growth and Competitive Analysis 2028

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global South America Probiotic Supplements Market (2023-2028):

According to the latest report, the Global South America Probiotic Supplements is projected to grow at a CAGR of 3.97% during the forecast period, 2023-28.  The report demonstrates the prominent factors propelling the exponential growth of the Global South America Probiotic Supplements Market.

Key Takeaways: Beneficial for Stakeholders and Clients

·        Historic Period: 2018-2021

·        Base year: 2022

·        Forecast Years: 2023-2028

·        CAGR (2024-28): 3.97%

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What key trends are shaping the future of the South America Probiotic Supplements industry?

Introduction of Probiotic Supplements for Infants’ & Children's Health Improvement- Probiotic supplement for infant diet is a new trend that has gained traction across South America. The major reason for the growth is gastrointestinal-based disease prevention, due to which consumers are increasingly adopting probiotic supplements. The launch of various kinds of probiotic supplements for babies, such as DanActive yogurt drinks, in the form of powder & liquid to add to their regular diets & support the well-being of the infants has notably increased the demand for probiotic supplements in the region.

Global South America Probiotic Supplements Market Segmentation

The Global South America Probiotic Supplements Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

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

As per the regional aspect, the Global South America Probiotic Supplements Market is expected to be dominated by the Brazil by capturing the potential market share. 

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Top Companies in the Global South America Probiotic Supplements Market

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

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