A recent research study by MarkNtel Advisors, a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals, cited that the South America Probiotic Supplements Market is projected to grow at a CAGR of around 3.97% during the forecast period, i.e., 2023-28 The report methodically analyses several aspects that have influenced the market dynamics in the past few years.

Apart from this, the probable factors, based on primary & secondary research, which shall shape the South America Probiotic Supplements Market landscape in the future have also been included in the study to make stakeholders well-versed with the industry and help them stay ahead of their competitors. Moreover, to ensure that the analysis is accurate & precise, our analysts deeply examine the recent market patterns as well as historical milestones to project lucrative prospects while facilitating exponential growth for businesses.

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Market Trend: Introduction of Probiotic Supplements for Infants’ & Children's Health Improvement

Probiotic supplement for infant diet is a new trend that has gained traction across South America. The major reason for the growth is gastrointestinal-based disease prevention, due to which consumers are increasingly adopting probiotic supplements. The launch of various kinds of probiotic supplements for babies, such as DanActive yogurt drinks, in the form of powder & liquid to add to their regular diets & support the well-being of the infants has notably increased the demand for probiotic supplements in the region.

In addition, for infants, probiotic supplements help in stimulating diseases such as diarrhea, infant colic, & allergies and help to restore a number of bacteria in their body. Therefore, the demand for probiotic supplements has increased in the countries such as Brazil, Chile, Argentina, etc.

Key Offerings from the South America Probiotic Supplements Market Research Report:

  • Estimated CAGR of the South America Probiotic Supplements Marketduring 2023-28.
  • Detailed insights into factors expected to drive and challenge the growth of the South America Probiotic Supplements Marketin the coming years
  • Precise estimation of the size of the South America Probiotic Supplements Market
  • Accurate predictions about upcoming trends in the South America Probiotic Supplements Marketand changes in consumer behavior
  • Growth of the South America Probiotic Supplements Marketacross different 
  • An in-depth analysis of the South America Probiotic Supplements Market’s competitive dynamics and detailed information about key vendors

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Competitive Benchmarking in the South America Probiotic Supplements Market

The prominent players profiled in the South America Probiotic Supplements Market are

-Yakult SA Industria E Comercio

-BioGaia

-Bayer AG

-Kerry Group

-Nestle SA

-Novartis SA

-Archer Daniel Midland Company

-Danone Group

-FrieslandCampina Ingredients

-The Procter & Gamble Company

-Others

Each company operating in this industry is vetted based on their products’ values, abilities, and other significant characteristics. The study also covers numerous mergers & acquisitions, along with the recent products launched by these players, to familiarize the stakeholders with the most recent market trends.

How has the South America Probiotic Supplements Market been segmented?

The report comprehensively analyses each high-performing segment, elucidating the factors contributing to their success and larger market share. It examines their significant impact on the South America Probiotic Supplements Market regarding sales, expansion, job opportunities, and other crucial factors. Categorizing the components as follows:

By Form

-Solid Form

--Tablets

---By End User

----Kids (3.1 to 15 years)

----Adults (Above 15 years)

--Capsules

---By End User

----Kids (3.1 to 15 years)

----Adults (Above 15 years)

--Gummies

---By End User

----Kids (3.1 to 15 years)

----Adults (Above 15 years)

--Powder

---By End User

----Infants (Upto 3 Years)

----Kids (3.1 to 15 years)

----Adults (Above 15 years)

--Chewable

---By End User

----Kids (3.1 to 15 years)

----Adults (Above 15 years)

--Others (Sachets, Syrups, BFS vials, etc.)

By End User

-Infant

-Kids

-Adults

-16-35 Years

-36-50 Years

-51-65 Years

-Above 66 Years

By Distribution Channel

-Pharmacies

-Health & Beauty Speciality Stores

-Supermarkets & Hypermarkets

-Convenience Stores

-Online Stores

-Via E-commerce Players

-Supplier Selling Via Own Website

By Diseases

-Digestive Health

--Lactose Intolerance

--Constipation

--Others (Ulcerative Colitis, Colic, etc.)

-Irritable Bowel Syndrome (IBS)

-Oral Disease

-Immunity-based Disease

-Others

--Cardiovascular Diseases

--Respiratory Infections

--Obesity

--Memory/Mood/Relaxing

By Country

-Brazil

-Argentina

-Chile

-Colombia

-Rest of South America

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Key Questions Answered in South America Probiotic Supplements Market Report:

  1. What are the growth projections for the South America Probiotic Supplements Market during 2023-28?
  2. What are the different patterns, obstacles, & trends will affect the growth and scope of the South America Probiotic Supplements Market?
  3. What are the critical opportunities for each segment & sub-segment enlisted in the South America Probiotic Supplements Market research report?
  4. What are the primary growth tactics used by the leading participants operating in the South America Probiotic Supplements Market?

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