Middle East and Africa Probiotic Dietary Supplement Market was worth USD 0.69 billion in 2018, and is expected to grow at a CAGR of 8.3%, to reach USD 1.03 billion by 2023. Probiotics are microorganisms which provide certain health benefits upon consumption. The health benefits include anti-inflammation, improved immunity in adults etc. Some of the microorganisms function by balancing the number of organisms in intestines. Probiotic dietary supplements consist of several probiotic strains to prevent or treat diseases.
Antibiotics are increasingly used recently. The problem with antibiotics is that they kill both disease causing bacteria as well as the bacteria which are beneficial to humans. Intake of probiotics through supplements helps to replenish the lost bacteria. Probiotic dietary supplements are also used by athletes for enhanced nutritional supply and infants to meet their dietary requirements.
Excessive use of antibiotics in everyday life has resulted in the increase in demand for probiotic supplements. Increasing digestive disorders in infants and adults, high emphasis on research and development to produce innovative products and advanced delivery systems like capsules are expected to drive the market. However, lack of awareness among people in many countries and high prices of products are hindering the market growth.
The Probiotic Dietary Supplement Market is categorized based on the type and region. Based on type, the market is categorized into Food supplements, Sports Supplements, Infant formula, Nutritional Supplements, Specialty Nutrients and others. Specialty nutrients are expected to be the largest market segment due to the high availability of these products and enhanced immune system due to their consumption. Infant Formula is the fastest growing segment as these products are very much suited to the dietary and nutritional needs of an infant and also because it is available in powder and liquid forms according to customer needs.
Based on geography, the Probiotic Dietary Supplement market is analyzed under Middle East and Africa regions. Middle East is expected to lead the market due to the increase in disposable incomes of people in this region. Africa region shows lesser growth due to the presence of many lower and middle income countries in this region.
Some of the major players in this region are NutraScience Labs, Probium LLC, Deerland Enzymes, Chr. Hansen Holding A/S, ProbioFerm, BioCare Copenhagen, Custom Probiotics, Inc., Contract NUTRA, Mercola Probiotics and Bifodan.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Sports Supplements
5.1.3 Food Supplements
5.1.4 Infant Formula
5.1.5 Nutrition supplements
5.1.6 Specialty Nutrients
5.1.7 Others
5.1.8 Y-o-Y Growth Analysis, By Type
5.1.9 Market Attractiveness Analysis, By Type
5.1.10 Market Share Analysis, By Type
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.2 Middle-East
6.3 Africa
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 NutraScience Labs
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Probium LLC
8.3 Deerland Enzymes
8.4 Chr. Hansen Holding A/S
8.5 ProbioFerm
8.6 BioCare Copenhagen
8.7 Custom Probiotics, Inc
8.8 Contract NUTRA
8.9 Mercola Probiotics
8.10 Bifodan
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
