Asia Pacific Probiotic Supplements Market Forecast to 2028 - COVID-19 Impact and Regional Analysis

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The Asia Pacific probiotic supplements market is expected to grow from US$ 2,212.18 million in 2022 to US$ 3,776.63 million by 2028. It is estimated to grow at a CAGR of 9.3% from 2022 to 2028.

Rising Demand for Probiotic Supplements for Women's Health is Driving the Asia Pacific Probiotic Supplements Market

Women have specific health and well-being issues, some of which are influenced by their genetics and hormonal changes throughout their lives. These issues negatively impact their immunity, mood, and digestive health. Probiotics are gaining immense recognition as a valuable source of health support for women, mainly because they restore digestive and vaginal microflora balance, which has positive effects on digestive and vaginal health, mental well-being, and natural defenses. In female vaginal microbiota, lactobacillus is a dominant microbial species. Therefore, probiotic supplements with lactobacillus strains, especially lactobacillus rhamnosus and lactobacillus fermentum, help prevent bacterial vaginosis, urinary tract infections, and yeast infections. For instance, in March 2022, Queen V, a feminine wellness brand, launched "DD Probiotic Daily Dose Supplement" to promote vaginal health by balancing yeast and bacteria while supporting digestive, immune, and antioxidant health. Probiotic supplements boost immunity, increase fertility, and improve the overall gut health of women. Moreover, probiotic supplements help relieve the menopause symptoms such as low mood, vaginal dryness, weight gain, and decline in bone health by balancing the vaginal microflora, boosting estrogen levels, supporting overall gut health, and increasing nutrient absorption. Further, probiotic supplementation during pregnancy has several benefits. Thoroughly researched probiotics strains help improve bowel movement and relieve constipation problems. Studies have proven that including probiotic supplements in the regular diet of a pregnant woman helps reduce inflammation, acidity, and bloating. Consumption of probiotic supplements during pregnancy also reduces the risk of vaginal infections, thereby reducing the chances of colic, eczema, and other allergies in newborn babies. Probiotic supplements also improve the immunity of expecting mothers, ensuring the good health of newborn babies. Thus, this factor is expected to significantly drive the Asia Pacific probiotic supplements market .

Asia Pacific Probiotic Supplements Market Overview

The Asia Pacific probiotic supplements market is segmented into China, India, Australia, Japan, South Korea, and the Rest of Asia Pacific. The region is expected to witness an enormous demand for probiotic supplements due to the growing need for probiotic supplements from nations such as China, India, and Japan, which is expected to boost the growth of the probiotic supplements market. The market has been experiencing various product innovations with diversified product offerings. Hence, the growing access to diversified products according to the changing lifestyle and consumers' preferences is also attributed to the increasing demand for probiotic supplements across the region. The market growth is also driven by the increasing demand for dietary supplements, especially probiotic supplements in the form of capsules and tablets and probiotic drinks, along with the growing awareness of health and wellness among consumers. In addition, the rising disposable income levels and the high living standards of consumers in the region have increased their purchasing power. These are a few key factors driving the Asia Pacific probiotic supplements market.

Asia Pacific Probiotic Supplements Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Probiotic Supplements Market Segmentation

The Asia Pacific probiotic supplements market is segmented into product type, distribution channel, and country.

Based on product type, the Asia Pacific probiotic supplements market is sub segmented into capsules and tablets, gummies, powder, and others. The capsules and tablets segment registered the largest market share in 2022.

Based on distribution channel, the Asia Pacific probiotic supplements market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held a larger market share in 2022.

Based on country, the Asia Pacific probiotic supplements market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the market share in 2022.

Bayer AG; BioGaia AB; Church & Dwight Co., Inc.; GNC Holdings, LLC; Nature's Bounty; Nestle S.A.; NOW Foods; and SFI Health are the leading companies operating in the Asia Pacific probiotic supplements market.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific probiotic supplements market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific probiotic supplements market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the probiotic supplements market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Product Code: BMIRE00027907

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study
3.2 Research Methodology
- 3.2.1 Data Collection
- 3.2.2 Primary Interviews
- 3.2.3 Hypothesis Formulation
- 3.2.4 Macro-economic Factor Analysis
- 3.2.5 Developing Base Number
- 3.2.6 Data Triangulation
- 3.2.7 Country Level Data

4. APAC Probiotic Supplements Market Landscape

4.1 Market Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis

5. APAC Probiotic Supplements Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Increasing Consumer Focus on Preventive Health
- 5.1.2 Rising Demand for Probiotic Supplements for Women's Health
- 5.1.3 Increasing Awareness of Health Benefits of Probiotics for Infants and Kids
5.2 Market Restraints
- 5.2.1 Complexities and Variations in Regulations
5.3 Market Opportunities
- 5.3.1 Rising Strategic Development Initiatives
5.4 Future Trends
- 5.4.1 Growing Preference for Gummy Formats of Probiotic Supplements
- 5.4.2 Rising Trend of Consuming Non-GMO and Vegan Probiotic Supplements.
5.5 Impact Analysis of Drivers and Restraint

6. Probiotic Supplements Market - APAC Market Analysis

6.1 APAC Probiotic Supplements Market -Revenue and Forecast to 2028

7. APAC Probiotic Supplements Market Analysis - By Product Type

7.1 Overview
7.2 APAC Probiotic Supplements Market, By Product Type (2021 and 2028)
7.3 Capsules and Tablets
- 7.3.1 Overview
- 7.3.2 Capsules and Tablets: APAC Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Gummies
- 7.4.1 Overview
- 7.4.2 Gummies: APAC Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Powder
- 7.5.1 Overview
- 7.5.2 Powder: APAC Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: APAC Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)

8. APAC Probiotic Supplements Market Analysis - By Distribution Channel

8.1 Overview
8.2 APAC Probiotic Supplements Market, By Distribution Channel (2021 and 2028)
8.3 Supermarkets and Hypermarkets
- 8.3.1 Overview
- 8.3.2 Supermarkets and Hypermarkets: APAC Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Specialty Stores
- 8.4.1 Overview
- 8.4.2 Specialty Stores: APAC Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Online Retail
- 8.5.1 Overview
- 8.5.2 Online Retail: APAC Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Others
- 8.6.1 Overview
- 8.6.2 Others: APAC Probiotic Supplements Market - Revenue and Forecast to 2028 (US$ Million)

9. APAC Probiotic Supplements Market - Country Analysis

9.1 Overview
- 9.1.1 APAC: Probiotic Supplements Market, by Key Country
  - 9.1.1.1 China: Probiotic Supplements Market-Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.1.1 China: Probiotic Supplements Market, By Product Type
    - 9.1.1.1.2 China: Probiotic Supplements Market, by Distribution Channel
  - 9.1.1.2 Japan: Probiotic Supplements Market-Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.2.1 Japan: Probiotic Supplements Market, By Product Type
    - 9.1.1.2.2 Japan: Probiotic Supplements Market, by Distribution Channel
  - 9.1.1.3 India: Probiotic Supplements Market-Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.3.1 India: Probiotic Supplements Market, By Product Type
    - 9.1.1.3.2 India: Probiotic Supplements Market, by Distribution Channel
  - 9.1.1.4 Australia: Probiotic Supplements Market-Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.4.1 Australia: Probiotic Supplements Market, By Product Type
    - 9.1.1.4.2 Australia: Probiotic Supplements Market, by Distribution Channel
  - 9.1.1.5 South Korea: Probiotic Supplements Market-Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.5.1 South Korea: Probiotic Supplements Market, By Product Type
    - 9.1.1.5.2 South Korea: Probiotic Supplements Market, by Distribution Channel
  - 9.1.1.6 Rest of APAC: Probiotic Supplements Market-Revenue and Forecast to 2028 (US$ Million)
    - 9.1.1.6.1 Rest of APAC: Probiotic Supplements Market, By Product Type
    - 9.1.1.6.2 Rest of APAC: Probiotic Supplements Market, by Distribution Channel

10. Industry Landscape

10.1 Product launch
10.2 Expansion

11. Company Profiles

11.1 Bayer AG
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 BioGaia AB
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 Nestle S.A.
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 SFI Health
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
11.5 GNC Holdings, LLC
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
11.6 Nature's Bounty
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
11.7 Church & Dwight Co., Inc.
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
11.8 NOW Foods
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments