Europe Probiotics Dietary Supplements Market Size & Outlook
Europe probiotics dietary supplements market, 2018-2030 (US$M)
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Europe probiotics dietary supplements market highlights
- The Europe probiotics dietary supplements market generated a revenue of USD 4,776.2 million in 2023.
- The market is expected to grow at a CAGR of 12.9% 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, Spain is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 4,776.2 million |
| Market revenue in 2030 | USD 11,198.0 million |
| Growth rate | 12.9% (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, Europe region accounted for 23.3% 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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Europe 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 40.32% in 2023. Horizon Databook has segmented the Europe probiotics dietary supplements market based on chewables & gummies, capsules, powders, tablets & softgels covering the revenue growth of each sub-segment from 2018 to 2030.
Growing technological innovation in the probiotic dietary supplements sector offers new opportunities in Euripe. The Federation of European Nutrition Societies (FENS) funds and invests in various nutritional foods & nutria-cosmetics businesses.
The federation operates and nurtures the growth of such business in 26 countries in the region. The European Society for Clinical Nutrition and Metabolism (ESPEN) governs and grants for business in the nutrition sector, and also accolades the best performing organizations in the industry.
Such initiatives have encouraged the participants to come up with highly beneficial and new innovative products, henceforth, boosting the industry growth.
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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 Europe probiotics dietary supplements market , including forecasts for subscribers. This continent databook contains high-level insights into Europe probiotics dietary supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe probiotics dietary supplements market size, by country, 2018-2030 (US$M)
Europe Probiotics Dietary Supplements Market Outlook Share, 2023 & 2030 (US$M)
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