(EMAILWIRE.COM, August 06, 2024 ) Dietary Supplement Cultures Market in terms of revenue was estimated to develop at a CAGR of 8.41% from 2024 to 2031 according to a new report by InsightAce Analytic.
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Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global Dietary Supplement Cultures Market are:
Growing Consumer Awareness.
Focus on Gut Health.
Preventive Healthcare Trends.
The following are the primary obstacles to the Dietary Supplement Cultures Market’s expansion:
Regulatory Challenges.
Consumer Misconceptions.
Quality Control and Standardization.
Future expansion opportunities for the global Dietary Supplement Cultures Market include:
Expanding Aging Population.
Digital Health and E-commerce.
Innovation in Delivery Formats.
Market Analysis:
The dietary supplement cultures market is poised for significant growth driven by increasing consumer awareness of health and wellness, a rising aging population, and a growing focus on preventive healthcare. With a surge in interest in gut health, dietary supplement cultures, particularly probiotics, are gaining prominence for their perceived benefits. The market also benefits from innovations in delivery formats, personalized nutrition trends, and the integration of cultures into functional foods.
List of Prominent Players in the Dietary Supplement Cultures Market:
BioGaia AB
DuPont
Nutraceutical Inc.
Hansen Holding A/S
Dohler
Vitakem DSMZ
Frutarom Health
Genesis Laboratories
Sacco SRL
Mediterranea Biotechnologies SRL
Biochem SRL
Dalton Biotechnologies SRL
THAT S.A
Codex-ing Biotech Ingredients
Bioprox
Benny Impex
ABsource Biologics
Alliance India
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Recent Developments:
In May 2021, Herbalife Nutrition and The Herbalife Nutrition Foundation established a new partnership with the Asociacion Mexicana de Bancos de Alimentos (“BAMX”), a nonprofit organization to meet the requirements of people who are dealing with food insecurities in Mexico through community-based food distribution.
In November 2021, ADM acquired Deerland Probiotics & Enzymes. The company’s solutions and products include spore probiotics, which provide enhanced stability for broader use in pet nutrition, food & beverages, and supplement applications.
In June 2021,BioGaia will explain why good bacteria are key to mental health, Exploring the science behind the gut-brain connection.
Dietary Supplement Cultures Market Dynamics:
Market Drivers:
Preventive Healthcare Trends The dietary supplement cultures market is experiencing robust growth, propelled by the prevailing trend toward preventive healthcare. With an increasing emphasis on wellness and proactive health management, consumers are turning to dietary supplements, particularly those containing beneficial cultures like probiotics. Preventive healthcare trends are driving the demand for supplements that support immune health, digestive wellness, and overall well-being.
Challenges:
Quality Control and Standardization The dietary supplement cultures market is experiencing robust growth, propelled by the prevailing trend toward preventive healthcare. With an increasing emphasis on wellness and proactive health management, consumers are turning to dietary supplements, particularly those containing beneficial cultures like probiotics. Preventive healthcare trends are driving the demand for supplements that support immune health, digestive wellness, and overall well-being.
North America Is Expected To Grow With The Highest CAGR During The Forecast Period
The North America Dietary Supplement Cultures Market is likely to register a significant revenue share and develop at a rapid CAGR in the near future. The robust growth in North America can be attributed to several factors, including a heightened focus on health and wellness, a well-established dietary supplement market, and increasing consumer awareness of the benefits of supplementing with cultures, particularly probiotics. The region’s proactive approach to preventive healthcare, coupled with a burgeoning aging population, is driving the demand for dietary supplements that cater to immune health, digestive well-being, and overall health maintenance.
Segmentation of Dietary Supplement Cultures Market-
By Micro-Organism Type-
Bacteria
Yeast
Mold
By Application-
Dairy Industry (Cheese, Yogurt, and Other Fermented Milk Products)
Meat Industry
Beverage Industry (Beer, Wine, and Others)
By Functionality-
Preservative Agents
Texturing Agents
Others (Coloring Agents and Nutritional Agents)
Flavoring Agents
By Region-
North America-
The US
Canada
Mexico
Europe-
Germany
The UK
France
Italy
Spain
Rest of Europe
Asia-Pacific-
China
Japan
India
South Korea
South East Asia
Rest of Asia Pacific
Latin America-
Brazil
Argentina
Rest of Latin America
Middle East & Africa-
GCC Countries
South Africa
Rest of Middle East and Africa
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