Asia Pacific Probiotics Dietary Supplements Market Size & Outlook
Asia Pacific probiotics dietary supplements market, 2018-2030 (US$M)
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Asia Pacific probiotics dietary supplements market highlights
- The Asia Pacific probiotics dietary supplements market generated a revenue of USD 7,100.3 million in 2023.
- The market is expected to grow at a CAGR of 15.8% from 2024 to 2030.
- In terms of segment, tablets & softgels was the largest revenue generating form in 2023.
- Chewables & Gummies is the most lucrative form segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 7,100.3 million |
| Market revenue in 2030 | USD 19,803.8 million |
| Growth rate | 15.8% (CAGR from 2023 to 2030) |
| Largest segment | Tablets & softgels |
| Fastest growing segment | Chewables & Gummies |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chewables & Gummies, Capsules, Powders, Tablets & Softgels |
| Key market players worldwide | DuPont de Nemours Inc, Symrise AG, Basf SE, Archer-Daniels Midland Co, Amway Malaysia Holdings, Abbott Laboratories, Bayer AG, Glanbia PLC, Pfizer Inc, BioGaia AB Class B, GSK PLC, Koninklijke DSM NV |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 34.6% of the global probiotics dietary supplements market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 1,451.6 million by 2030.
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Probiotics Dietary Supplements Market Scope
Probiotics Dietary Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific probiotics dietary supplements market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to probiotics dietary supplements market will help companies and investors design strategic landscapes.
Tablets & softgels was the largest segment with a revenue share of 40.23% in 2023. Horizon Databook has segmented the Asia Pacific probiotics dietary supplements market based on chewables & gummies, capsules, powders, tablets & softgels covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific market has anticipated increasing demand for probiotic dietary supplements as key participants adopted strategies such as the introduction of their brands in untapped economies of South East Asian countries
China, Japan, and India are among the largest markets for probiotic dietary supplements in Asia Pacific owing to the presence of a large consumer base in these countries.
Countries such as Japan and Australia have experienced heightened awareness regarding health benefits of dietary supplements over the years, which is expected to strengthen regional growth over the forecast period.
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Our clientele includes a mix of probiotics dietary supplements market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific probiotics dietary supplements market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific probiotics dietary supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific probiotics dietary supplements market size, by country, 2018-2030 (US$M)
Asia Pacific Probiotics Dietary Supplements Market Outlook Share, 2023 & 2030 (US$M)
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