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Probiotic Supplements Market in Canada by Type and Disease Type - Forecast and Analysis 2022-2026

  • Published: May 2022
  • Pages: 0
  • SKU: IRTNTR73439
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According to Technavio's analyst, the probiotic supplements market size in Canada is expected to be valued at USD 59.76 million by 2026 with a progressing CAGR of 5.9%.

The probiotic supplements market in Canada has been broadly categorized into the following demographic segmentations: 

  • Type - Bacteria and yeast
  • Disease type - Gastrointestinal diseases, infectious diseases, and others

The probiotic supplements market in Canada report offers information on several market vendors, including American Biologics LLC, Biena inc., BioGaia AB, Biotix Care, Church and Dwight Co. inc., CUSTOM PROBIOTICS inc., Deerland Probiotics and Enzymes inc., international Flavors and Fragrances inc., Kerry Group Plc, Kirkman Group, Koninklijke DSM NV, Lallemand inc., Natural Factors Nutritional Products Ltd., NOVA Essentials inc., Probi AB, Reckitt Benckiser Group PLC, RENEW LIFE, and The Procter and Gamble Co. among others.

One of the key highlights of the probiotic supplements market research report in Canada is the post COVID-19 impact analysis on the market, which will help companies evaluate their business approaches for the forecast period.

What will the Probiotic Supplements Market Size in Canada be During the Forecast Period?

Download the Free Report Sample to Unlock the Probiotic Supplements Market Size in Canada for the Forecast Period and Other Important Statistics

 

Probiotic Supplements Market in Canada: Key Drivers, Trends, and Challenges

The increased awareness about lifestyle-related diseases is notably driving the probiotic supplements market growth in Canada, although factors such as stringent government regulations and guidelines may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the probiotic supplements industry in Canada. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Probiotic Supplements Market Driver in Canada

The increased awareness about lifestyle-related diseases is one of the key drivers supporting the Canada probiotic supplements market growth. Due to urbanization and consumerism, there has been a significant shift in the lifestyles and diet habits of people over the last two decades. Moreover, the sedentary lifestyle and an absence of a balanced diet have increased the incidence of lifestyle-related diseases, such as stroke, heart disease, and others. However, people are now becoming aware of these problems and, as a result, gradually moving toward probiotic supplements that are being promoted as beneficial beyond essential nutrition. Thus, the increasing awareness about lifestyle-related diseases will positively impact the Canada probiotic supplements market growth during the forecast period. 

Key Probiotic Supplements Market Trend in Canada

Intensive research and development is one of the key probiotic supplements market trends in Canada that is positively impacting the market growth. R&D is crucial to the demand for probiotic supplements as it leads to the development of new strains, products, applications, and technology. The primary focus of R&D in this market is to enhance the usability and stability of probiotic supplements. Moreover, the increasing prevalence of chronic diseases and the growing demand for supplements also drive companies to increase their R&D investments to discover new drugs and supplement products. This leads to increased innovation in terms of product deliverability and meets the rising demand from consumers in the probiotic supplements market in Canada. This, in turn, will positively impact the Canada probiotic supplements market growth during the forecast period.

Key Probiotic Supplements Market Challenge in Canada

Stringent government regulations and guidelines is one of the challenges limiting the Canada probiotic supplements 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 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. 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 Canada probiotic supplements market growth.

This probiotic supplements market in Canada analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the probiotic supplements market in Canada as a part of the global packaged foods and meats market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the probiotic supplements market in Canada during the forecast period.

Who are the Major Probiotic Supplements Market Vendors in Canada?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • American Biologics LLC
  • Biena inc.
  • BioGaia AB
  • Biotix Care
  • Church and Dwight Co. inc.
  • CUSTOM PROBIOTICS inc.
  • Deerland Probiotics and Enzymes inc.
  • international Flavors and Fragrances inc.
  • Kerry Group Plc
  • Kirkman Group
  • Koninklijke DSM NV
  • Lallemand inc.
  • Natural Factors Nutritional Products Ltd.
  • NOVA Essentials inc.
  • Probi AB
  • Reckitt Benckiser Group PLC
  • RENEW LIFE
  • The Procter and Gamble Co.

 

This statistical study of the probiotic supplements market in Canada encompasses successful business strategies deployed by the key vendors. The probiotic supplements market in Canada is fragmented and the vendors are deploying growth strategies such as price, quality, technology, brand identity, and distribution to compete in the market.

Product insights and News

  • American Biologics LLC - Under the unified segment, the company offers products such as natural nutritional supplements. 
  • American Biologics LLC - The company offers probiotic supplements such as Bio Bifidus plus for healthy digestive, immune, and mood functions. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The probiotic supplements market in Canada forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Probiotic Supplements Market in Canada Value Chain Analysis

Our report provides extensive information on the value chain analysis for the probiotic supplements market in Canada, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

What are the Revenue-generating Type Segments in the Probiotic Supplements Market in Canada?

To gain further insights on the market contribution of various segments Request for a FREE sample

The probiotic supplements market share growth in Canada by the bacteria segment will be significant during the forecast period. Probiotic supplements also act as gut-beneficial bacteria and create a physical barrier against the bacteria that is not required. Moreover, probiotic supplements are helpful to countervail the bacterial imbalance that is caused by taking antibiotics. Antibiotics kill good bacteria and harmful ones that often lead to gas, cramping, or diarrhea. The demand for probiotic bacteria supplements in Canada has increased due to the increased consumption of dietary supplements. Such increased demand for bacteria will drive the probiotic supplements market size in Canada during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the probiotic supplements market size in Canada and actionable market insights on post COVID-19 impact on each segment.

 

Probiotic Supplements Market Scope in Canada

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.9%

Market growth 2022-2026

$ 59.76 million

Market structure

Fragmented

YoY growth (%)

5.2

Regional analysis

Canada

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

American Biologics LLC, Biena inc., BioGaia AB, Biotix Care, Church and Dwight Co. inc., CUSTOM PROBIOTICS inc., Deerland Probiotics and Enzymes inc., international Flavors and Fragrances inc., Kerry Group Plc, Kirkman Group, Koninklijke DSM NV, Lallemand inc., Natural Factors Nutritional Products Ltd., NOVA Essentials inc., Probi AB, Reckitt Benckiser Group PLC, RENEW LIFE, and The Procter and Gamble Co.

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 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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What are the Key Data Covered in this Probiotic Supplements Market in Canada Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive probiotic supplements market growth in Canada during the next five years
  • Precise estimation of the probiotic supplements market size in Canada and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the probiotic supplements industry in Canada 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of probiotic supplements market vendors in Canada 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Disease Type
    • Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 07: Parent market
    • Exhibit 08: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 09: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 10: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 11: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 12: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 13: Chart on Canada: Year-over-year growth 2021-2026 (%)
      • Exhibit 14: Data Table on Canada: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 15: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 16: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 17: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 18: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 19: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 20: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 21: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 22: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 23: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 24: Chart on Comparison by Type
      • Exhibit 25: Data Table on Comparison by Type
    • 5.3 Bacteria - Market size and forecast 2021-2026
      • Exhibit 26: Chart on Bacteria - Market size and forecast 2021-2026 ($ million)
      • Exhibit 27: Data Table on Bacteria - Market size and forecast 2021-2026 ($ million)
      • Exhibit 28: Chart on Bacteria - Year-over-year growth 2021-2026 (%)
      • Exhibit 29: Data Table on Bacteria - Year-over-year growth 2021-2026 (%)
    • 5.4 Yeast - Market size and forecast 2021-2026
      • Exhibit 30: Chart on Yeast - Market size and forecast 2021-2026 ($ million)
      • Exhibit 31: Data Table on Yeast - Market size and forecast 2021-2026 ($ million)
      • Exhibit 32: Chart on Yeast - Year-over-year growth 2021-2026 (%)
      • Exhibit 33: Data Table on Yeast - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Type
      • Exhibit 34: Market opportunity by Type ($ million)

    6 Market Segmentation by Disease Type

    • 6.1 Market segments
      • Exhibit 35: Chart on Disease Type - Market share 2021-2026 (%)
      • Exhibit 36: Data Table on Disease Type - Market share 2021-2026 (%)
    • 6.2 Comparison by Disease Type
      • Exhibit 37: Chart on Comparison by Disease Type
      • Exhibit 38: Data Table on Comparison by Disease Type
    • 6.3 Gastrointestinal diseases - Market size and forecast 2021-2026
      • Exhibit 39: Chart on Gastrointestinal diseases - Market size and forecast 2021-2026 ($ million)
      • Exhibit 40: Data Table on Gastrointestinal diseases - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Chart on Gastrointestinal diseases - Year-over-year growth 2021-2026 (%)
      • Exhibit 42: Data Table on Gastrointestinal diseases - Year-over-year growth 2021-2026 (%)
    • 6.4 Infectious diseases - Market size and forecast 2021-2026
      • Exhibit 43: Chart on Infectious diseases - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Data Table on Infectious diseases - Market size and forecast 2021-2026 ($ million)
      • Exhibit 45: Chart on Infectious diseases - Year-over-year growth 2021-2026 (%)
      • Exhibit 46: Data Table on Infectious diseases - Year-over-year growth 2021-2026 (%)
    • 6.5 Others - Market size and forecast 2021-2026
      • Exhibit 47: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 49: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 50: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 6.6 Market opportunity by Disease Type
      • Exhibit 51: Market opportunity by Disease Type ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 52: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 53: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 54: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 55: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 56: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 57: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 58: Matrix on vendor position and classification
            • 10.3 American Biologics LLC
              • Exhibit 59: American Biologics LLC - Overview
              • Exhibit 60: American Biologics LLC - Product / Service
              • Exhibit 61: American Biologics LLC - Key offerings
            • 10.4 BioGaia AB
              • Exhibit 62: BioGaia AB - Overview
              • Exhibit 63: BioGaia AB - Business segments
              • Exhibit 64: BioGaia AB - Key news
              • Exhibit 65: BioGaia AB - Key offerings
              • Exhibit 66: BioGaia AB - Segment focus
            • 10.5 Church and Dwight Co. Inc.
              • Exhibit 67: Church and Dwight Co. Inc. - Overview
              • Exhibit 68: Church and Dwight Co. Inc. - Business segments
              • Exhibit 69: Church and Dwight Co. Inc. - Key news
              • Exhibit 70: Church and Dwight Co. Inc. - Key offerings
              • Exhibit 71: Church and Dwight Co. Inc. - Segment focus
            • 10.6 Kerry Group Plc
              • Exhibit 72: Kerry Group Plc - Overview
              • Exhibit 73: Kerry Group Plc - Business segments
              • Exhibit 74: Kerry Group Plc - Key news
              • Exhibit 75: Kerry Group Plc - Key offerings
              • Exhibit 76: Kerry Group Plc - Segment focus
            • 10.7 Kirkman Group
              • Exhibit 77: Kirkman Group - Overview
              • Exhibit 78: Kirkman Group - Product / Service
              • Exhibit 79: Kirkman Group - Key offerings
            • 10.8 Koninklijke DSM NV
              • Exhibit 80: Koninklijke DSM NV - Overview
              • Exhibit 81: Koninklijke DSM NV - Business segments
              • Exhibit 82: Koninklijke DSM NV - Key news
              • Exhibit 83: Koninklijke DSM NV - Key offerings
              • Exhibit 84: Koninklijke DSM NV - Segment focus
            • 10.9 Lallemand Inc.
              • Exhibit 85: Lallemand Inc. - Overview
              • Exhibit 86: Lallemand Inc. - Product / Service
              • Exhibit 87: Lallemand Inc. - Key offerings
            • 10.10 Natural Factors Nutritional Products Ltd.
              • Exhibit 88: Natural Factors Nutritional Products Ltd. - Overview
              • Exhibit 89: Natural Factors Nutritional Products Ltd. - Product / Service
              • Exhibit 90: Natural Factors Nutritional Products Ltd. - Key offerings
            • 10.11 NOVA Essentials Inc.
              • Exhibit 91: NOVA Essentials Inc. - Overview
              • Exhibit 92: NOVA Essentials Inc. - Product / Service
              • Exhibit 93: NOVA Essentials Inc. - Key offerings
            • 10.12 Probi AB
              • Exhibit 94: Probi AB - Overview
              • Exhibit 95: Probi AB - Business segments
              • Exhibit 96: Probi AB - Key offerings
              • Exhibit 97: Probi AB - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 98: Inclusions checklist
                • Exhibit 99: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 100: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 101: Research methodology
                • Exhibit 102: Validation techniques employed for market sizing
                • Exhibit 103: Information sources
              • 11.5 List of abbreviations
                • Exhibit 104: List of abbreviations
              • food allergy among consumers: There is an increase in the number of people suffering from food allergies globally. Food allergy is caused when the immune system reacts to the ingestion of certain foods. Ingredients of packaged foods and meats that can create allergic reactions in some people include (but are not limited to) milk, eggs, fish, crustacean shellfish (e.g., crab, lobster, and shrimp), tree nuts (e.g., almonds, walnuts, and pecan), peanuts, wheat, and soybeans. Even consumption of small amounts of food allergens can trigger signs and symptoms such as digestive problems, hives, and swollen airways. In some people, a food allergy can cause severe symptoms, or even a life-threatening reaction is, known as anaphylaxis. For example, in the US, nearly 3% of the adult population suffers from shellfish allergy.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                TechnavioINFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases
                Technavio

                TechnavioDATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts
                Technavio

                TechnavioREPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape
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                The probiotic supplements market in canada market growth will increase by $$ 59.76 mn during 2023-2026.
                The probiotic supplements market in canada market is expected to grow at a CAGR of 5.9% during 2023-2026.
                Technavio has segmented the probiotic supplements market in canada market by type (Bacteria and Yeast) ,other 1 (Gastrointestinal diseases, Infectious diseases, and Others) , and geographic (Canada).
                American Biologics LLC, Biena Inc., BioGaia AB, Biotix Care, Church and Dwight Co. Inc., CUSTOM PROBIOTICS Inc., Deerland Probiotics and Enzymes Inc., International Flavors and Fragrances Inc., Kerry Group Plc, Kirkman Group, Koninklijke DSM NV, Lallemand Inc., Natural Factors Nutritional Products Ltd., NOVA Essentials Inc., Probi AB, Reckitt Benckiser Group PLC, RENEW LIFE, The Procter and Gamble Co. are a few of the key vendors in the probiotic supplements market in canada market.
                North America will register the highest growth rate of 100% among the other regions. Therefore, the probiotic supplements market in canada market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
                The key factors driving the probiotic supplements market in canada market growth are:
                • Increased awareness about lifestyle-related diseases
                • Intensive research and development
                The probiotic supplements market in canada market vendors should focus on grabbing business opportunities from the bacteria segment as it accounted for the largest market share in the base year.
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