Top Companies in the South America Probiotic Supplements Industry – Market Leaders: BioGaia, Bayer AG

Executive Summery

This report presents a detailed overview of the South America Probiotic Supplements Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2023-28. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving South America Probiotic Supplements industry landscape.

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South America Probiotic Supplements Market Statistics and Key Highlights

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

• South America Probiotic Supplements market shows steady growth
• Market size expanding due to rising industry demand
• Competitive landscape driven by tech and innovation
• Detailed segment-wise and geography wise share analysis
• Forecast reveals strong trends shaping future outlook

Key Player- Emerging South America Probiotic Supplements Companies

• 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.)

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Market Trend

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.

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South America 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 (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

Of all the countries, Brazil has been portraying a noticeable market growth since 2017 due to the rise in the number of active lifestyle users as well as increased awareness of the digestive health benefits of consuming probiotic supplements.

Reasons to Buy This Report

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3. Identify lucrative market opportunities and strategic growth areas.
4. Analyze competitors to enhance your positioning in the market landscape.
5. Understand geographical trends across diverse markets for better expansion strategies.

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