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?

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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?

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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.

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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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