Prebiotics For Dietary Supplements Market Estimated to Witness High Growth Owing to Rising Awareness Regarding Gut Health
Prebiotics For Dietary Supplements Market Estimated to Witness High Growth Owing to Rising Awareness Regarding Gut Health
Blog Article
The prebiotics for dietary supplements market has gained significant traction in recent years owing to the growing awareness regarding the importance of gut health. Prebiotics acts as a food supplement for probiotics and helps in promoting the growth of beneficial bacteria in the gut. The prebiotic ingredients like inulin, fructo-oligosaccharides (FOS), and galacto-oligosaccharides (GOS) present in dietary supplements help in maintaining a healthy digestive system and improving absorption of nutrients. The growing demand for supplements that aid in weight management and boost immunity has also propelled the sales of Prebiotics Dietary Supplements Market Growth globally.
The global prebiotics for dietary supplements market is estimated to be valued at US$ 2952.1 Mn in 2024 and is expected to exhibit a CAGR of 10% over the forecast period from 2024 to 2031.
Key players operating in the prebiotics for dietary supplements market are 3M Company, Acme United Corporation, AdvaCare Canadian Safety Supplies, Beiersdorf AG, Certified Safety Manufacturing, Cramer Products, Dynamic Safety USA, and Fieldtex Products Inc. among others.
Key Takeaways
Key players - Key players operating in the prebiotics for dietary supplements are 3M Company, Acme United Corporation, AdvaCare Canadian Safety Supplies, Beiersdorf AG, Certified Safety Manufacturing, Cramer Products, Dynamic Safety USA, and Fieldtex Products Inc. among others.
Key opportunities - Increase in health-conscious population, rising awareness regarding gut health, growth of e-commerce platforms are some of the major opportunities in the prebiotics for dietary supplements market.
Global expansion - Major players are expanding their presence across various regions to tap the growth opportunities. They are also investing in new product launches with innovative ingredients to cater to the changing demands and food habits globally.
Market drivers - The growing awareness regarding the role of prebiotics in improving gut health and immunity is a major market driver. Also, the increasing demand for supplements that help in weight management and digestive issues is supplementing the market growth.
The key drivers augmenting the growth of prebiotics for dietary supplements market include rising awareness regarding the importance of gut health and the role of prebiotics in balancing intestinal microflora. Changing lifestyles, sedentary routines and irregular eating habits have increased the instances of digestive disorders significantly. This is further fueling the demand for supplements containing prebiotic ingredients that help in improving gut health, nutrient absorption and boosting immunity. The increasing health-conscious population and availability of products through multiple sales channels including e-commerce are some of the other important factors spurring the revenue generation in global prebiotics for dietary supplements market.
PEST Analysis
Political: The rules and regulations set by governments and other governing bodies across various regions influence the growth of this market. For example, certain prebiotics may need explicit approval for usage in supplements.
Economic: The overall economic growth of key markets drives the demand for prebiotics used in dietary supplements. Higher disposable income levels allow consumers to spend more on health and wellness products.
Social: Changing lifestyle patterns and focus on preventive healthcare are major drivers of social change. Rising health consciousness among people pushes the demand for supplements containing prebiotics.
Technological: New extraction and production techniques help lower costs and facilitate product innovation. Advanced analytical methods aid in quality testing and new product development. Research continues on the potential gut and overall health benefits of different prebiotic fibers.
North America and Europe hold major shares of the global Prebiotics For Dietary Supplements Market Regional Analysis in terms of value. This can be attributed to growing health awareness, high spending ability, and presence of major manufacturers in these regions.
The Asia Pacific region is expected to witness the fastest growth during the forecast period. Factors such as rising living standards, growing middle-class population, and increasing inclination towards fitness are fueling the demand for prebiotics supplements in Asia Pacific countries like India and China.
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