Europe Probiotic Supplements Market Expanding at a CAGR of 4.78% during 2023-2028

According to MarkNtel Advisors study the The Europe Probiotic Supplements Market is projected to grow at a CAGR of around 4.78% during the forecast period, 2023-28.

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Key Findings of the Study: Europe Probiotic Supplements market

In the region, due to the high prevalence of obesity, lactose intolerance, and the aging population, the demand for functional foods & beverages has experienced considerable growth during the historical years. In addition, the sales through supermarkets & hypermarkets are primarily augmenting the overall sales of probiotics in the regional countries such as Russia, Germany, and Spain, among others. Furthermore, the rising consumer awareness about the nutritional benefits of probiotic supplements, particularly among lactose intolerance consumers, is adding to the strong market growth.

Moreover, retailers like Sainsbury's are offering probiotic supplements under their private labeled tags to meet the growing demand for probiotic supplements among consumers in the area as a result of the region's increased consumption of probiotics. In addition, with the growing population as well as the increase in the demand for probiotic supplements, the manufacturing companies are expanding their operations through acquisition. For instance:

• In 2021, Archer Daniels Midland acquired Deerland Probiotics & Enzymes to expand its health & wellness products, which include probiotics & dietary supplements across the region.

For more detailed information about the Europe Probiotic Supplements market report, click here – https://www.marknteladvisors.com/research-library/europe-probiotic-supplements-market.html

Scope of the Report and Europe Probiotic Supplements Market Segmentation:

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

By End User

• Infant
• Kids
• Adults
  • 16-35 Years
  • 36-50 Years
  • 51-65 Years
  • Above 66 Years

Here, Digestive Health grabbed a considerable share in the Europe Probiotic Supplement market during the historical period.

Europe Probiotic Supplements Market Development:

• In 2021, Nestle launched a new infant probiotic supplement named Nan Care that helps support infants growing immune & digestive systems. It contains three supportive supplements that promote infant colic, immune health, and healthy bone development in babies & children.
• In 2020, ADM expanded its microbiome-related probiotic production capacity in Valencia, Spain, by acquiring Protexin & Biopolis.

Geographical Analysis:

By Country

• Germany
• The UK
• France
• Italy
• Spain
• Others

Of all the countries, Germany has been portraying a noticeable market growth since 2017

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