The probiotic dietary supplements market reached a value of nearly $6.39B in 2022, having grown at a compound annual growth rate (CAGR) of 7.7% since 2017. The market is expected to grow to $9.44B in 2027 and hit $14.79B in 2032.
Growth in the historic period resulted from emerging markets, increase in digestive diseases, growing number of health-conscious consumers and the COVID-19 impact.
An aging population, rising penetration of organized retail, increased dietary consciousness and increasing demand for sports nutrition will continue to drive growth. Factors that could hinder the growth of the probiotic dietary supplements market in the future include potential side effects and the Russia-Ukraine war.
The probiotic dietary supplements market is segmented by source into yeast and bacteria. The bacteria market was the largest segment of the probiotic dietary supplements market segmented by source accounting for 79.8% of the total in 2022. The yeast market is expected to be the fastest growing segment, with the capsules market the dominant form.