Canada Probiotics Dietary Supplements Market Size & Outlook
Canada probiotics dietary supplements market, 2018-2030 (US$M)
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Canada probiotics dietary supplements market highlights
- The Canada probiotics dietary supplements market generated a revenue of USD 523.4 million in 2023 and is expected to reach USD 1,229.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 13% 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.
Probiotics dietary supplements market data book summary
| Market revenue in 2023 | USD 523.4 million |
| Market revenue in 2030 | USD 1,229.3 million |
| Growth rate | 13% (CAGR from 2023 to 2030) |
| Largest segment | Tablets & softgels |
| Fastest growing segment | Chewables & Gummies |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Canada accounted for 2.6% of the global probiotics dietary supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. probiotics dietary supplements market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 1,002.8 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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Canada 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 40.91% in 2023. Horizon Databook has segmented the Canada probiotics dietary supplements market based on chewables & gummies, capsules, powders, tablets & softgels covering the revenue growth of each sub-segment from 2018 to 2030.
The efforts of Vitamins Minerals Herbs and Supplements (VMHS) manufacturers in Canada in terms of marketing have been driving consumer awareness regarding probiotic dietary supplements.
Such marketing efforts include creating awareness about preventive healthcare while creating opportunities to attract new consumers.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada probiotics dietary supplements market , including forecasts for subscribers. This country databook contains high-level insights into Canada probiotics dietary supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada probiotics dietary supplements market size, by form, 2018-2030 (US$M)
Canada Probiotics Dietary Supplements Market Outlook Share, 2023 & 2030 (US$M)
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