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Balancing Wellness: Vegan Probiotics and Digestive Health
The Vegan Probiotics Market is growing dramatically as more customers switch to plant-based diets and look for all-natural remedies for digestive health issues. Vegan diets are becoming more and more popular as the benefits of probiotics in preserving intestinal homeostasis become more widely recognised. It is projected that this trend will spur market expansion and expand the options available to health-conscious consumers.
According to a recent research report by Future Market Insights, the global vegan probiotics market is estimated to reach a valuation of US$ 11.8 Bn by 2032. The market is projected to reach US$ 5.1 Bn by the end of 2022 and exhibit growth at a CAGR of 8.8% in the forecast period from 2022 to 2032.
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Friendly bacteria, or probiotics, are beneficial microorganisms that live in the intestines. Their goal is to keep the immunological and digestive systems healthy. In treating their irritable bowel syndrome (IBS), patients have found the product to be of great assistance. They can also be applied to treat diarrhoea. They may help with a few skin conditions, such as eczema, even if there is little data.
Traditionally, probiotics have been most commonly found in dairy products like yoghurt, cheese, and milk. On the other hand, folks who are sensitive to lactose or who avoid dairy products detest them. The best plant-based probiotics, such as kombucha, coconut kefir, and coconut yoghurt, are vegan or plant-based, and are available through a variety of sales channels, including supermarkets, hypermarkets, and internet outlets.
Key Takeaways from the Vegan Probiotics Market Study
The North America vegan probiotics market is expected to generate nearly 38% of the share in the forecast period.
The U.S. is set to hold about 65% of the vegan probiotics market share in North America vegan probiotics market by the end of 2032.
Europe vegan probiotics market is expected to account for around 31% of share in the evaluation period.
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Competitive Landscape: Vegan Probiotics Market
The global vegan probiotics market is highly competitive in nature. Industry giants such as Beyond Meat, Impossible Foods, and Oatly are witnessing a spike in terms of demand for plant-based food alternatives as they partner up with eateries and huge corporations.
Some of the leading companies offering vegan probiotics products are Naturelo, Yakult, Lallemand Inc., DSM, PlantFusion, LoveBug Probiotics, Custom Probiotics Inc., Wellbeing Nutrition., and Nature Made.
Vegan Probiotics Market Outlook by Category
By Source:
Bacteria
Yeast
By Sales Channel:
Modern Trade
Franchised Outlets
Specialty Store
Online Channel
By End Use:
Food & Beverages
Nutrition Industry
Health Care
Fitness
Other
China Traditional Chinese Medicine Market Application,Trends, Demand, Size, Growth, Challenges and Competitive Outlook
The china traditional Chinese medicine (TCM) market has witnessed increased attention and demand during the COVID-19 pandemic. With high percentages of TCM treatments reported in Hubei and Wuhan and a national average of TCM patients receiving treatment, the market has experienced a surge in interest. However, skepticism remains regarding the statistical approach and pathology behind TCM's effectiveness in COVID-19 treatment. The growth of TCM during the pandemic, its role in the healthcare system, challenges, regulatory landscape, and opportunities for future development.
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Data Bridge Market Research analyses that the China Traditional Chinese Medicine Market which was USD 19491.21 million by 2022, is expected to reach USD 47915.88 million by 2030, at a CAGR of 11.9% during the forecast period 2023 to 2030. The growing demand for holistic and natural therapies is a significant driver of the China traditional Chinese medicine (TCM) market. As more individuals seek alternatives to conventional medicine, TCM provides a comprehensive system that focuses on balance and harmony within the body. With its emphasis on natural remedies, herbal medicines, acupuncture, and other TCM practices, it aligns with the preferences of those looking for holistic healthcare solutions.
The Off-label drug usage for ASD (Autism Spectrum Disorder) and ADHD (Attention Deficit Hyperactivity Disorder) is expected to drive the market's growth rate
Off-label drug usage for ASD (Autism Spectrum Disorder) and ADHD (Attention Deficit Hyperactivity Disorder) cases can be considered a driver of the china traditional Chinese medicine (TCM) market. As conventional treatments for these conditions may have limitations or side effects, some individuals and families may seek alternative therapies such as TCM. TCM offers a holistic approach to healthcare and has been used for centuries to address various health conditions, including neurological disorders. The growing interest in exploring TCM as a complementary or alternative treatment option for ASD and ADHD cases contributes to the demand and growth of the TCM market in China.
Segment Analysis:
The traditional Chinese medicine market is segmented on the basis of therapy type, application, end user, and distribution channel
On the basis of therapy type, the traditional Chinese medicine market is segmented into acupuncture, cupping therapy, herbal medicine, aroma therapy, compounding therapy and magneto therapy.
On the basis of application, the traditional Chinese medicine market is segmented into osteoarthritis, cold and flus, stress, muscle spasms, chronic fatigue syndrome, tension headache, menstrual pain, insomnia, infertility in women, irregular menstruation, ****ual dysfunction in men, cough, allergies, menopause, cardiovascular disease, respiratory infections, diabetes, asthma, eczema, constipation, weight loss, cancer treatment, HIV support, epilepsy, irritable bowel syndrome, dementia and others.
On the basis of end user, the traditional Chinese medicine market is segmented into clinics, home healthcare and hospitals.
On the basis of distribution channel, the traditional Chinese medicine market is segmented into direct tender, retail sales and pharmacies
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