MarkNtel Advisors recently published a report, titled, " South America Probiotic Supplements Market By Form (Solid Form (Tablets, Capsules, Gummies, Powder, Chewable, Others)), 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. As per as the report The South America Probiotic Supplements Market is projected to grow at a CAGR of 3.97% during the forecast period, 2023-28.
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Possible Restraint: High Price of Probiotic Supplements to Hinder the Market Growth
Extensive manufacturing and raw material cost of probiotics have notably hindered the revenue growth of the South America Probiotic Supplements market in developing countries such as Peru & Venezuela, among others. Moreover, South American countries, including Venezuela & Peru, among others except for Brazil, are highly dependent on imports which is a major factor leading to the high cost of probiotic supplements in the market. This restricted a wide variety of audiences in the Middle and Lower-middle Income group to opt for healthy diets, thereby constraining the growth potential of the probiotic supplements market.
Leading Companies in South America Probiotic Supplements Market:
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.
South America Probiotic Supplements Market Segmentation:
By Form
-Solid Form
-Tablets
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.
Get Full Access Of South America Probiotic Supplements Market Report : https://www.marknteladvisors.com/research-library/south-america-probiotic-supplements-market.html
By Country
-Brazil
-Argentina
-Chile
-Colombia
-Rest of South America.
Key questions answered in the South America Probiotic Supplements Market are:
•What is South America Probiotic Supplements Market?
•What was the market size in 2023?
•What is the growth rate of the South America Probiotic Supplements Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the South America Probiotic Supplements Market?
•What segments are covered in the Market?
•Who are the key players in the South America Probiotic Supplements Market?
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