Global Lactobacillus Acidophilus Probiotics Market Anticipated to Reach US$ 4,819.4 Million by 2030

According to a recent market study published by Growth Market Reports, titled, “Global Lactobacillus Acidophilus Probiotics Market by Form, By Application, By Distribution Channel, and By Region: Size, Share, Trends and Opportunity Analysis, 2015-2030”, the market was valued at US$ 2,413.9 Million in 2021 and is anticipated to expand at a growth rate of 8.1% by 2030.

Get Sample Report @ https://growthmarketreports.com/request-sample/5215

Acidophilus (Lactobacillus acidophilus), a bacteria present in the mouth, stomach, and vagina, is used as a probiotic. Probiotics are helpful bacteria that are either identical to or similar to the microorganisms that are naturally present in the body. Acidophilus is available as a dietary supplement in capsules, tablets, wafers, powders, and a vaginal suppository. Acidophilus is found in various dairy products, including yogurt, and is commercially added to many foods as well as used as a supplement. Acidophilus is frequently used to treat vaginal discomfort (bacterial vaginosis) and digestive disorders and to promote the growth of beneficial bacteria.

The global lactobacillus acidophilus probiotics market has been segmented in terms of form, application, distribution channel, and region. In terms of product type, the global lactobacillus acidophilus probiotics market is split into solid, liquid, and powder. Based on application, the market is divided into food & beverages, dietary supplements, animal feed, and others. On the basis of distribution channels, the market is fragmented into online pharmacy, retail pharmacy, hospital pharmacy, and supermarket/hypermarket. Considering regions, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The unexpected advent of the coronavirus pandemic boosted the market. The long-term consequences of the pandemic are difficult to predict, as the world economy is grappling with this crisis, which is expected to have an influence on global trade and the supply chain of supplement products. High demand for human supplements such as lactobacillus acidophilus probiotics supplements in both developed and emerging areas is projected to favorably push product growth during the projection period, as they promote a strong immune function and minimize the chance of health threats.

The heightened possibility of COVID-19 infection has pushed people to adopt immune-boosting products and supplements into their daily life since the onset of the pandemic. This presents an opportunity for supplement companies. Furthermore, the availability of a diverse variety of dietary additives through e-commerce platforms, as well as the affordability of fundamental products such as probiotic supplements, contribute to the market growth.

Key Takeaways from the Study

• Players in the global lactobacillus acidophilus probiotics market include Chr. Hansen Holding A/S, Procter & Gamble, Nestle, LALLEMAND Inc., BioGaia AB., DuPont Nutrition & Health, Bioprox, and Biena. These players held a major share of the global lactobacillus acidophilus probiotics market in 2021.
• Rising number of health-conscious consumers, growing prevalence of autoimmune diseases across the globe, and rising elderly population across the globe are key factors that drive the lactobacillus acidophilus probiotics market.
• Growing investments in research and development activities by key players is expected to create opportunities in the coming years.
• Based on form, the market is segmented into solid, liquid, and powder. The solid segment is expected to hold a considerable share of the market during the forecast period, as it is a convenient form of lactobacillus acidophilus probiotics supplement.
• Based on application, the market is fragmented into food & beverages, dietary supplements, animal feed, and others. The food & beverages segment holds a key share of the market. Consumers are becoming conscious of their health, which is expected to drive the food & beverages segment. Many consumers are beginning to recognize the importance of gut health in managing weight, energy levels, and general physical health, which is expected to increase the demand for lactobacillus acidophilus probiotics supplements in the coming years.
• Based on distribution channel, the market is segmented into online pharmacy, retail pharmacy, hospital pharmacy, and supermarket/hypermarket. The online segment is anticipated to expand at a significant CAGR during the forecast period, as online pharmacies provide more benefits to consumers than traditional retail pharmacies, including offers, discounts, convenience, reduced product cost, and anonymity for consumers. Increasing high-speed internet penetration and a growing number of smartphone users is expected to fuel the online pharmacy segment over the forecast period.
• Based on regions, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for a significant share of the market in 2021, due to the growing geriatric population and rising prevalence of autoimmune diseases that increase the prescription rate of lactobacillus acidophilus probiotics supplements. Additionally, increasing investment in the manufacture of lactobacillus acidophilus probiotics supplements and drugs for efficient treatment and promoting healthy aging is driving the market in North America.

Report Scope

Target Audience

• Supply-side: Vendor, Manufacturer, Distributors, Supplier, Retailer.
• Regulatory Side: Concerned government authorities, and other approved regulatory bodies.