The global probiotic supplements market size is expected to grow from $6.97 Billion in 2021 to $11.52 Billion by 2028; it is estimated to grow at a CAGR of 7.6% from 2022 to 2028, according to a report by the Insight Partners.
The global probiotic supplements market growth is attributed to increasing consumer focus on preventive health, rising demand for probiotic supplements for women, and increasing awareness of the health benefits of probiotics in infants and kids.
In 2021, North America held the largest share of the probiotic supplements market. The consumption of probiotic supplements is gradually increasing in North America owing to the factors such as rising consumer awareness about digestive health, and probiotic strains and their health benefits. Probiotic supplements are available in the form of capsules and tablets, gummies, powder, etc., which are favorable for all age groups of the population. According to a report by the GI Alliance, published on January 23, 2021, 20 million North Americans are diagnosed with chronic digestive diseases. Digestive diseases, associated with distress and pain, represent one of the most severe health problems in North American countries. The prevalence of digestive diseases leads to a surge in personal treatment expenditures and a reduction in working hours. Probiotic supplements help maintain appropriate microflora in the gut and assist in curing gastrointestinal diseases.