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The Canada - Probiotic Supplements Market size is projected to increase by USD 75.75 million at a CAGR of 6.33% between 2023 and 2028.
The infectious diseases sector, encompassing urinary tract infections (UTIs), vaginal yeast infections, and acute respiratory tract infections, is witnessing a notable growth rate globally. Probiotic supplements emerge as beneficial aids, preventing UTIs and restoring a healthy bacterial balance in the body. Specifically, L. acidophilus addresses vaginal yeast infections, enhancing overall vaginal health. In Canada, where acute respiratory tract infections are prevalent, probiotics, notably Lactobacillus spp and Bifidobacterium spp, strengthen local and systemic immunity. This aligns with global trends of increased consumer consumption of probiotic supplements for preventive health measures, contributing to the thriving probiotic supplements market. Key player American Biologics LLC offers diverse probiotic supplements like Bio Bifidus, Butyri Advanced, and Advanced Micro.
The Canada Probiotic Supplements Market shows an accelerated CAGR during the forecast period.
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Rising awareness and benefits of probiotic supplements is notably driving the market growth. Probiotics are live microorganisms that can be consumed through fermented foods or supplement products. Probiotic supplements promote a healthy balance of gut bacteria and have also been linked to several health benefits. Consumption of probiotic supplements prevents the growth of harmful bacteria inside the digestive tract, improving nutrient absorption and bowel movements. These supplements are widely known for preventing diarrhea or reducing its severity.
Moreover, the consumption of probiotics also helps to reduce dental caries, prevents oral candida infections, and manages periodontitis. Due to these health benefits, the demand for probiotic supplements is expected to increase significantly which, in turn, will positively impact Canada - probiotic supplements market growth. Such factors are expected to drive the regional market growth during the forecast period.
The rise in demand for weight management products is an emerging trend shaping the market growth. People have become increasingly aware of maintaining good health in Canada. Having small portions of food at regular intervals encourages individuals to adopt healthy snacking habits. Healthy snacking contributes to the weight loss plan of an individual and is a convenient way to satisfy hunger while getting the vitamins and nutrients vital for the body. Weight management is becoming increasingly prevalent in Canada with the rising cases of obesity. Currently, the US accounts for the highest number of obesity cases.
Furthermore, the increased levels of the protein angiopoietin-like 4 (ANGPTL4) lead to less fat storage. Probiotics also help break down fiber that the body cannot digest, turning it into beneficial short-chain fatty acids such as butyrate. Therefore, the growing popularity of weight management and healthy snacking is expected to drive the Canada probiotic supplements market during the forecast period.
Stringent government regulations and guidelines in manufacturing probiotics is a significant challenge hindering market growth. Probiotics can be regulated as dietary supplements, food, cosmetics, and drugs. To include probiotics in food products, the FDA must approve it as a food additive, or it must generally be recognized as safe (GRAS) by experts. In addition, food products that contain probiotics cannot claim to treat, cure, mitigate, or prevent a disease, but they can claim to affect the structure or function of the body.
Further, food products containing probiotics, such as functional foods, help to improve digestive health and maintain a good immune system. Any claims appearing on the labels or in advertisements should not be misleading. Therefore, the stringent government regulations and guidelines may hamper the growth of the market during the forecast period.
Probiotic bacteria are majorly defined as live microorganisms, which, when locally applied in sufficient numbers, give various health benefits to the host. Probiotic bacteria have different beneficial health effects, such as their ability to bind aflatoxin. Further, the demand for probiotic bacteria supplements in Canada has increased due to the increased consumption of dietary supplements, including probiotic bacteria. In addition, factors such as banning the use of antibiotics in animal feed have led to an increase in the consumption of probiotic bacteria supplements in Canada. Furthermore, the increasing prevalence of chronic diseases such as diarrhea and intestinal diseases is expected to drive the growth of the Canada probiotic supplements market during the forecast period.
The market share growth by the gastrointestinal diseases segment will be significant during the market growth and forecasting period. Gastrointestinal (GI) diseases include irritable bowel syndrome (IBS), diarrhea, and other GI diseases. IBS is an intestinal disorder causing pain in the stomach, wind, diarrhea, and constipation. It is estimated that around 21% of Americans have IBS, which is twice as common in women as in men.
The gastrointestinal diseases segment was the largest and was valued at USD 96.08 million in 2018
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Further, the probiotic supplements used in IBS treatment majorly fall under two main groups, i.e., Lactobacillus and Bifidobacterium. These probiotic supplements help assist the digestive system. Probiotic supplements strengthen the intestinal barrier, aid the immune system in removing harmful bacteria, and break down nutrients. An intestinal bowel infection generally causes diarrhea. Probiotic supplements have special microorganisms such as bacteria and yeast in them, which reach the bowel. They suppress the germs that are causing diarrhea and help the body fight against them. Therefore, the increased usage of probiotic supplements for the treatment of various GI diseases is expected to drive the market growth and trends of the market in focus during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market forecast growth and analysis.
The Canada probiotic supplements market growth analysis and forecasting market report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including American Biologics LLC, Archer Daniels Midland Co., Biena Inc., BioGaia AB, Biotix Care, Church and Dwight Co. Inc., CUSTOM PROBIOTICS Inc., Genuine Health Inc., International Flavors and Fragrances Inc., Jamieson Wellness Inc., Koninklijke DSM NV, Lallemand Inc., Mars Inc., Natural Factors Nutritional Products Ltd., NOVA Essentials Inc., PetLab Co., Reckitt Benckiser Group Plc, The Clorox Co., The Procter and Gamble Co., and Kerry Group Plc
Canada Probiotic Supplements market research and growth, market analysis and report of qualitative and quantitative analysis of companies have been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The Canada Probiotic Supplements Market research report forecasts market growth by revenue and provides an analysis of the latest market trends and analysis and growth opportunities from 2018 to 2028.
Canada Probiotic Supplements Market Scope |
|
Report Coverage |
Details |
Page number |
147 |
Base year |
2023 |
Historic period |
2018-2022 |
Market forecasting period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.33% |
Market Growth 2024-2028 |
USD 75.75 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
5.82 |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
American Biologics LLC, Archer Daniels Midland Co., Biena Inc., BioGaia AB, Biotix Care, Church and Dwight Co. Inc., CUSTOM PROBIOTICS Inc., Genuine Health Inc., International Flavors and Fragrances Inc., Jamieson Wellness Inc., Koninklijke DSM NV, Lallemand Inc., Mars Inc., Natural Factors Nutritional Products Ltd., NOVA Essentials Inc., PetLab Co., Reckitt Benckiser Group Plc, The Clorox Co., The Procter and Gamble Co., and Kerry Group Plc |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Disease Type
7 Market Segmentation by Type
8 Market Segmentation by End-user
9 Customer Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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