Feminine Probiotic Supplement Market Major Players, Growth Volume, and Demand
Global feminine probiotic supplement market is expected to grow at a significant CAGR of 7.22% in
the upcoming period as the scope and its applications are rising enormously
across the globe. Probiotics are termed as bacterial cultures or live
microorganisms that able to withstand the gastrointestinal tracts condition and
survive to act beneficial the host by balancing the gastrointestinal
microbiota. The main purpose of probiotics is to reinstate the vaginal
lactobacilli microflora.
The factors that are
playing a major role in the growth of the market are growing occurrence of
digestive disorders, sedentary lifestyle, and the rising consumption of fast
food, alcohol, and the regular use of antibiotics, and the growing importance
of R&D. However, the strict government policy and lack of knowledge
regarding probiotic supplements may restrain overall market growth in the years
to come. The market is segmented based on bacteria type, formulation, function,
distribution channel, and region.
Bifidobacterium,
Lactobacillus, Streptococcus, and other bacteria types could be explored in a
market in the forecast period. Powder premixes, tablets, liquid, capsules, and
other formulations could span a feminine probiotic supplement market in the
forecast period. Based on function, weight management, immunity & digestive
health, pregnancy, urogenital health, and others could classify feminine
probiotic supplement market in the forecast period. The urogenital health
comprises urinary tract infections and vaginal health.
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Based on the distribution channel,
online stores, pharmacy stores, hypermarket & supermarket, specialty
stores, and others could classify feminine probiotic supplement in the forecast
period. Pharmacy stores accounted for the substantial market share of feminine
probiotic supplement and are estimated to lead the overall market in the years
to come. This is mainly because the store allows consumers to compare the price
range and product offerings of several suppliers. In addition, online stores
sector is estimated to grow at the fastest pace in the years to come.
Globally, North America accounted for
the significant market share of feminine probiotic supplement and is estimated
to grow at the fastest pace in the years to come. The reason behind the overall
market growth could be the rising demand for supplement products and the
growing demand for weight management products. The United States and Canada are
the major consumers of feminine probiotic supplement in this region.
Europe and the Asia Pacific are also
estimated to have a positive influence on future growth. Europe is the second
largest region with significant market share. However, Asia Pacific is
estimated to grow at the highest CAGR in the forecast period. The developing
countries like India and China are the major consumers of feminine probiotic
supplement in the region. The key players of feminine probiotic supplement
market are Probi AB, Bayer, Koninklijke DSM N.V., Chr. Hansen Holding,
DowDuPont, and Church & Dwight Co. These players are concentrating on
inorganic growth to sustain themselves amidst fierce competition.
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