Germany Probiotics Dietary Supplements Market Size & Outlook
Germany probiotics dietary supplements market, 2018-2030 (US$M)
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Germany probiotics dietary supplements market highlights
- The Germany probiotics dietary supplements market generated a revenue of USD 756.5 million in 2023 and is expected to reach USD 1,791.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 13.1% 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 756.5 million |
| Market revenue in 2030 | USD 1,791.7 million |
| Growth rate | 13.1% (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, Germany accounted for 3.7% 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 Europe, Germany probiotics dietary supplements market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 660.7 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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Germany 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 38.7% in 2023. Horizon Databook has segmented the Germany probiotics dietary supplements market based on chewables & gummies, capsules, powders, tablets & softgels covering the revenue growth of each sub-segment from 2018 to 2030.
Germany has a large population base that is quickly realizing the benefits of dietary foods and ingredients in their regular diets, as food becomes the medium from which to obtain necessary vitamins, minerals and other essentials.
The food & beverage industry in the country is also highly developed with major multinational companies introducing new products & technologies to cater to the rising country-wide demand.
Capsules and tablets are among the most preferred forms of probiotic dietary supplements in Germany. Germany offers an ideal location for the production, sale, and development of these digestive capsules and tablets as a result of favorable demographics and a growing population.
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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 country-level data and insights on the Germany probiotics dietary supplements market , including forecasts for subscribers. This country databook contains high-level insights into Germany probiotics dietary supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany probiotics dietary supplements market size, by form, 2018-2030 (US$M)
Germany Probiotics Dietary Supplements Market Outlook Share, 2023 & 2030 (US$M)
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