U.S (New York)-The Latest Reports U.S. Infant and Kids Probiotics Market research with many aspects of the enterprise like the market size, market status, market trends, and future insights or futuristic records alternatively of subsequent 10 years, the file additionally gives in depth evaluation of the opponents and the particular increase possibilities with key market drivers. The file consists of pinnacle primary fundamental player’s evaluation alongside with proceeds stream, CAGR status, SWOT and PESTLE evaluation increase fame in every geographical region. This lookup is an ideal aggregate of qualitative and quantitative market facts accumulated from principal and secondary sources. This market file pursuits to similarly complicated on the modern situation and his have an effect on of COVID-19 on the enterprise as a whole. The record in addition delves into the main aspects of the market and examines every segment.
U.S. infant and kids probiotics market by product type, distribution channel and age group: Opportunity Analysis and Industry Forecast, 2019-2026″, the U.S. infant and kids probiotics market size was valued at $119.86 million in 2018 and is projected to reach $215.87 million by 2026, growing at a CAGR of 7.90% from 2019 to 2026. Probiotics refer to foods/supplements that contain live microorganisms intended to improve the “good” bacteria in the body. The live bacteria are regarded beneficial for kids’ health since they help to colonize the gut of the infant. In the recent years, increase in adoption of probiotics as dietary supplements for infants has been witnessed. They are usually promoted as aid to gut health. Specifically, for babies and kids, probiotics are conceived helpful for conditions such as diarrhea, infant colic, and allergy.
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The most common groups of probiotics are Lactobacillus, Bifidobacterium, Streptococcus, and Saccharomyces boulardii. These groups have strain-specific effects, which implies that all these different groups can have different effects on the body. The consumers in North America have gradually become more interested in taking charge of their health through direct action, and unfiltered access to healthcare information has fueled the current surge of interest in probiotics.
Rise in health concerns among parents coupled with efficacy of probiotics in addressing these concerns, lifestyles changes, increase in disposable income, and broadening of the probiotic’s portfolio drive the demand for infant and kids’ probiotics in the U.S. In addition, rise in cost of healthcare sector and emergence of internet age have led to an increase in preference for precautionary healthcare in the U.S., which in turn boost the growth of the market. Furthermore, increase in development of probiotics that cater to the requirements of health-conscious parents fuels the market growth. For instance, manufacturers have introduced probiotics gummies for kids with attributes such as vegan-friendly, no sugar coated, non-GMO, and others, which is expected to increase the adoption of probiotics in millennial parents. However, regulatory issues in the U.S. are complex. Depending on the probiotic product’s projected use, the U.S. Food and Drug Administration (FDA) could regulate it as a dietary supplement, a drug, or a food ingredient. Several probiotics are sold as dietary supplements, which do not necessitate FDA approval prior to their marketing. Unlike Canada and some European countries, the U.S. does not have defined governmental standards for probiotics. This is expected to hamper the growth of the U.S. infant and kids’ probiotics market.
On the contrary, the penetration of infant and kids’ probiotics through online sales channels and e-commerce platforms is growing rapidly. This is due to the convenience offered by online portals, which provide ease of purchase alongside price comparisons, variety of products, and easy product comparison. In addition, the presence of the largest online and offline retailers in the U.S. such as Amazon and Walmart, gives an edge to the probiotic’s manufacturers for greater consumer access and brand awareness. Multiple brands such as Gerber, Culturelle, BioGaia, and others provide access and purchase of their products through online as well as offline platforms. This is anticipated to provide lucrative opportunities for the market expansion.
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The report segments the U.S. infant and kids’ probiotic market into product type, distribution channel and age group. Based on product type, the market is classified into liquid, powder, chewable and others. on the basis of distribution channel, the market is bifurcated into retail pharmacies/drug stores, departmental stores, supermarket/hypermarket and e-commerce. Based on age group, the marked is categorized into baby/infant (0-2 years) and kids (2-6 years).
Product Type Segmentation
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Key benefits for stakeholders
– This report provides a quantitative analysis of the current trends, estimations, and dynamics of the U.S. infant and kids probiotics market size from 2019 to 2026 to identify the prevailing opportunities in the market.
– A comprehensive analysis of the factors that drive and restrict the market growth is provided.
– An in-depth analysis of the U.S. infant and kids’ probiotics market helps determine the prevailing market opportunities.
– The report includes details of the analysis of the country market, key players, market segments, application areas, and growth strategies.
The key players operating in the U.S. infant and kids probiotic market include Gerber Products Company, BioGaia, Metagenics, Inc., i-Health, Inc, Church & Dwight Co., Inc., LoveBug Nutrition Inc., FIT-Bioceuticals ltd., NOW Foods, Mommy’s Bliss, and Mama’s Select.
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Key Market Segments
– By Product Type
o Powder
o Liquid
o Chewable
o Others
– By Distribution Channel
o Retail Pharmacies/Drug Stores
o Departmental Stores
o Supermarket/Hypermarket
o E-commerce
– By Age Group
o Baby/Infant
o Kids
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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Business Description: A particular description of agency operations and enterprise departments.
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SWOT Analysis: Detailed evaluation of the company’s strengths, weaknesses, opportunities, and threats.
Company History: The development of predominant occasions associated to the company.
Main merchandise and services: A listing of the company’s fundamental products, services, and brands.
Main Competitors: A listing of the company’s fundamental competitors.
Important places and subsidiaries: The company’s major places and subsidiaries’ listing and contact information.
Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.
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