Parents Embrace Probiotics for Kids as Natural and Safe Solutions for Digestive Health and Immunity. FMI Explains Facts Driving Innovation and Market Expansion
NEWARK, DE / ACCESSWIRE / July 23, 2024 / According to in-depth market research by Future Market Insights, the probiotic for kids market size is set to collect a valuation of USD 2,746.6 million by 2034, up from USD 1,769.0 million in 2024. Over the next decade, from 2024 to 2034, the market is on the way to progress at a steady pace, with a CAGR of 5.30%, as the gut health of children becomes a growing concern for parents.
Probiotic products are addressing these concerns and have emerged as natural and safe solutions to promote digestive health and boost the immune system. Given probiotics' effectiveness in treating digestive disorders, parents are increasingly turning to these products instead of conventional medication.
The popularity of probiotics is on the rise as people seek safe and natural alternatives for their children's health. This trend has led to an increase in the adoption of probiotic products, with researchers discovering multiple health benefits for children, driving market growth.
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In response to the above-mentioned demand, industrialists are focusing on developing innovative probiotic products specifically designed for kids and formulated with appropriate strains and dosage levels to ensure maximum efficacy and safety.
The availability of probiotic products for children on online channels has also contributed to market growth, making them more accessible to a larger consumer base. With the probiotic market witnessing significant growth and expanding research and development in this area, parents can feel confident in using probiotics as a natural and effective way to improve their children's gut health supplements.
"The probiotic market for children is expected to grow as more parents seek natural and safe alternatives to conventional medication. Ongoing research and development in the field of probiotics, with a focus on developing innovative and effective products, will also contribute to market growth. Additionally, the availability of probiotic products for children through online channels is expected to fuel the market's growth," says Nandini Roy Choudhury, Client Partner at Future Market Insights
Key takeaways from the Market Study
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The market in the United States is anticipated to witness exceptional growth at a CAGR of 31.20% through 2034.
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The market in China is projected to upsurge at a remarkable CAGR of 14.30% through 2034.
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Germany's probiotic for kids industry is proposed to rise at a significant CAGR of 24.40% through 2034.
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Japan's probiotic for kids market is estimated to escalate at a CAGR of 10.70% through 2034.
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Women Probiotic Market set to hit worth of USD 2991 million at CAGR of 18.1% during forecast period of 2024 to 2034
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Probiotic for Men Market set to hit worth of USD 4,914.6 million at CAGR of 7.5% during forecast period of 2024 to 2034
Comparative landscape
The probiotic for kids market is growing quickly as parents become more aware of their health benefits. Key players are focused on innovation, new development, and strategic collaborations to strengthen their position. For instance, Nestle's Garden of Life has launched two new probiotic products for children in China, which is expected to drive the market's growth.
Manufacturers are investing in research and formulation to improve efficacy and meet children's specific needs. Some are developing probiotics to improve cognitive function and support a healthy gut microbiome in kids. Investment in research and development will continue to grow to meet the increasing demand for probiotics for kids.
Key Companies in the Probiotic for Kids Market
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Recent Developments in the Probiotic for Kids Market
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In 2024, GenieBiome, a biotech company based in Hong Kong, announced its plan to broaden its probiotic product line in Singapore. The company aims to introduce clinically tested probiotics that can help alleviate eczema symptoms in young children.
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In 2022, Seed, a company that specializes in microbiome science, introduced its first pediatric innovation called PDS-08™ Pediatric Daily Symbiotic. This product is a two-in-one powdered symbiotic that includes 9 probiotic strains and a prebiotic based on fiber. Seed's award-winning symbiotic for adults, DS-01™ Daily Symbiotic, is also now available for children's health. The company aims to push the boundaries of probiotics and develop the next generation of these products.
Key Segments
By Product:
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Liquid Drops
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Powder
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Ready-to-feed Liquids
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Chewable Tablets
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Gummies
By Strain Type:
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Lactobacillus
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Streptococcus
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Bifidobacterium
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Propionibacteria
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Enterobacteria
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Saccharomyces
By Sales Channel:
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Hypermarket/Supermarket
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Specialty Stores
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eCommerce
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Drug Stores & Pharmacies
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Health & Wellness Stores
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Convenience Store
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Departmental Stores
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Mass Grocery Retailers
By Region:
Authored by:
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor's Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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