South America Probiotic Supplements Market Overview: 2023-2028

Base Year: 2022

Historical Years:    2018-21

Forecast Years: 2023-2028

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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South America Probiotic Supplements Market Dynamics: 2023-2028

Market Trend

• Introduction of Probiotic Supplements for Infants’ & Children's Health Improvement

Probiotic supplement for infant diet is a new trend that has gained traction across South America. The major reason for the growth is gastrointestinal-based disease prevention, due to which consumers are increasingly adopting probiotic supplements. The launch of various kinds of probiotic supplements for babies, such as DanActive yogurt drinks, in the form of powder & liquid to add to their regular diets & support the well-being of the infants has notably increased the demand for probiotic supplements in the region.

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South America Probiotic Supplements Market (2023-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Form

-Solid Form

-Tablets

Of them all, Capsules dominated the South America Probiotic Supplements Market during 2018-22. 

By End User

-Kids (3.1 to 15 years)

-Adults (Above 15 years)

-Capsules

By End User

-Kids (3.1 to 15 years)

-Adults (Above 15 years)

-Gummies

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.

Of all the countries, Brazil has been portraying a noticeable market growth since 2017 

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Top Companies Operating in the 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.

Recent Development by Leading Companies:

• In 2020, BioGaia partnered with ETHICAL NUTRITION, Roemmers Nutritional Division, in order to sell BioGaia Protectis drops & BioGaia Protectis tablets in Argentina. The products have been sold under the BioGaia brand.
• In 2020, a biotechnology company, BioGaia, in collaboration with the Abbott Uruguay laboratory, Protectis, developed a probiotic supplement based on the probiotic strain - Lactobacillus Reuteri DSM 17938, derived from breast milk for the treatment of colic in infants. The product was made available for sale at the end of 2020.

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