About Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.
3 12, 2024

Bacopa, Creatine Gummies Lead Fastest Growing Supplements on US Search: Spate

By |2024-12-03T01:58:58+02:00December 3, 2024|Dietary Supplements News, News|0 Comments


Longevity is a key focus of the health-obsessed consumer, and they’re turning to dietary supplements to support them on their journeys.

While drug store and supermarket aisles present a kaleidoscope of options, beauty trend tracker Spate says the fastest-growing supplements are creatine gummies and bacopa supplements.

Creatine Gummies

Creatine gummies are experiencing an average of 23.0K monthly searches with a +314.2% year-over-year (YoY) growth on Google. These gummies claim to boost energy levels, promote muscle growth and aid muscle recovery.

While creatine is typically available in powder form, its gummy variant is gaining traction, particularly on TikTok. The creatine gummies trend garners 5.6M average weekly views and boasts a very high shop views share of 92.3%, indicating that people are actively promoting and selling it. The top two related benefits are #weightloss (77.8K average weekly views) and #preworkout (16.8K average weekly views).

Currently, brands like Create, Beast Bites and Bear Balanced dominate search results, analysts say. However, consumers continue to be on the hunt for the best creatine gummies, which presents a significant opportunity for new players to enter the market, according to analysts. Brands can differentiate themselves through unique packaging, celebrity endorsements, podcast ads or innovative formulations, Spate says, and education is key to the trend’s success. Because consumers continue to search for the differences between creatine gummies and powder, brands are encouraged to chew on educating their audience about the benefits of the gummy format and how it fits into their fitness and wellness routines.

Bacopa Supplements

Bacopa supplements currently see an average of 2.0K monthly searches with a +115.1% YoY growth on Google. These supplements are claimed to improve memory, enhance learning retention and boost concentration and focus. The top searches are Bacopa supplement and Bacopa Monnieri supplement, signaling a significant opportunity for education and a reputable brand to establish dominance in this category, Spate says.

While the TikTok volume for Bacopa supplements is relatively low, the ingredient garners 13.2K average weekly views. The top concern hashtag related to Bacopa Monnieri on TikTok is #ADHD, with 4.7K average weekly views. Some consumers view it as a plant-based option to support ADHD, creating an opportunity for brands to market it accordingly. However, as with any medical claim, brands must tread carefully and ensure compliance with regulatory guidelines.



Source link

3 12, 2024

Ethereum (ETH) Price Prediction for November 30

By |2024-12-03T01:57:48+02:00December 3, 2024|Crypto News, News|0 Comments

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

The weekend has started with a correction of some coins, according to CoinMarketCap.

Article image
Top coins by CoinMarketCap

ETH/USD

The price of Ethereum (ETH) has increased by 1.60% over the last day.

Article image
Image by TradingView

On the hourly chart, the rate of ETH is in the middle of the local channel, between the support of $3,578 and the resistance of $3,726.

Related

Bitcoin (BTC) Price Prediction for November 29

As most of the ATR has been passed, any sharp moves are unlikely to happen by the end of the day.

Article image
Image by TradingView

On the bigger time frame, one should pay attention to the bar closure in terms of the $3,684 level. If a false breakout happens, traders may witness a drop to the $3,500-$3,600 range soon.

Article image
Image by TradingView

From the midterm point of view, there are no reversal signals so far. However, the rate of the main altcoin is far from the key levels. In this case, sideways trading in the area of $3,500-$3,800 is the more likely scenario.

Ethereum is trading at $3,668 at press time.

Source link

3 12, 2024

Gen Sol Chooses IOTA Rebased for Web3 Gaming and Animation

By |2024-12-03T01:37:25+02:00December 3, 2024|News, NFT News|0 Comments


  • Gen Sol will use IOTA Rebased as the foundation for its ecosystem, leveraging IOTA’s MoveVM and EVM technologies to revolutionize storytelling and gaming experiences.
  • Gen Sol aims to create a sci-fi universe blending movies, games, and animated series with a focus on community-driven content creation.

Gen Sol, a Web3 gaming and animation platform backed by South Korean government agencies, has selected IOTA Rebased as the foundation for its innovative ecosystem. The collaboration leverages IOTA’s advanced MoveVM and EVM technologies to redefine storytelling and gaming experiences.

Inside Gen Sol & IOTA Rebased Collaboration

On X, Gen Sol shared they are “proud to announce that it will be building on IOTA Rebased.” The team will be using IOTA’s cutting-edge technology, involving MoveVM and EVM. Moreover, they stated, “IOTA and Gen Sol are gearing up to take over Web3 in 2025.”

For further context, Gen Sol is uniquely positioned as a Web3 project funded by significant South Korean government entities. These entities include the Ministry of Culture, Sports and Tourism, Korea Creative Content Agency, and Busan IT Industry Promotion Agency. These endorsements point to its potential as a pioneering venture for Web3 technology and content creation. Naru, one of the lead project leads, said:

Our project has been selected for eight government support programs so far. This has special meaning because we are a Web3 project. Passing their rigorous evaluation shows that our project’s potential is recognized even in spaces where blockchain often faces skepticism.

Gen Sol’s Vision For Web3

Gen Sol’s mission is to combine outstanding creative content with the prospects of Web3. The project will develop an interconnected science fiction universe represented by movies, games, and animated series. 

In an interview, Overclocked, the co-founder of Gen Sol explained, “The first and main IP is going to have one central narrative connecting everything in that sci-fi universe. Movies will cover the big players and overarching story, live-action series will explore political intrigue, and animated shows will focus on smaller tales from the galaxy’s outskirts.”

Furthermore, the decision to partner with IOTA is central to Gen Sol’s vision. “With IOTA Rebased, it’s like we finally have a solid foundation to build on,” said Overclocked. He also highlighted how IOTA’s technology provides the flexibility needed to innovate, per the CNF report. He noted, “It’s so good to see a good vibe in the community again, with people really being optimistic about the future.

Moreover, Gen Sol wants to create a community of Web3 enthusiasts, sci-fi fans, and creative professionals. It is through the community that the project’s narratives and aesthetics will be shaped. “We want direct feedback and ideas from our community,” said Overclocked. He added, “If someone loves the Gen Sol idea, we want to bring them in to help manage and guide the brand.”

In fact, the blockchain features will be integrated seamlessly, so when one wants to roll into Web3 capabilities like NFTs or in-game tokens, they can do just that. “We want the game to stand on its own,” said Overclocked. He added, “Web3 should remain in the background until users choose to engage with it.”

Currently, Gen Sol’s development is progressing with a multiplayer shooter prototype coded in C++ and Unreal Engine and a sci-fi animation series underway. The project will officially launch its Discord and website in December.


Recommended for you:





Source link

3 12, 2024

Natural Gas Price Forecast: Tests First Key Support Following Breakout

By |2024-12-03T01:11:44+02:00December 3, 2024|Forex News, News|0 Comments


Will Support at 3.16 Prior Swing High Hold?

Previous resistance around the June peak of 3.16 was tested as support today. It has stalled the decline so far, but whether it continues to do so remains to be seen. The 50% retracement level is at 3.13, and it was almost reached today. Although natural gas has reached a price zone where support may be seen there is no sign of increasing demand or a bullish reversal. Therefore, the expectation is for a continuation lower upon a decisive drop below today’s low.

Lower Target Zone From 3.04 to 2.90

If natural gas does fall below today’s low and continues to decline, then previous resistance from the 3.02 swing high may be the next area of support. However, there are price levels nearby to be aware of as well. One guide is provided by the internal uptrend line. But clearer price levels where support may be seen are from 3.04 to 2.90.

A falling ABCD pattern (purple) reaches its 100% downside target around 3.04. Then there is both a prior swing high and the 61.8% Fibonacci retracement at 3.02. And most importantly, the 20-Day MA is at 3.01. The 20-Day line has been successfully tested twice as support since it was reclaimed on October 29.

First Signs of Bullish Reversal Above 3.28

There is also the possibility that the day’s low price completed a retracement. If that is the case a decisive rally above today’s high of 3.28 indicates improving demand. Friday’s high of 3.38 would then need to be reclaimed for further signs of strength. Since natural gas is within the first pullback following a decisive bull breakout, it presents an interesting potential setup that will be watched closely by market participants.

It is currently within the first pullback following a significant breakout. On November 20 natural gas busted through the 3.02 swing high resistance level and triggered a breakout of a symmetrical triangle pattern and the continuation of the uptrend begun from the 2024 low of 1.52.

For a look at all of today’s economic events, check out our economic calendar.



Source link

2 12, 2024

EUR/USD Analysis Today 02/12: Faces Downward Pressure

By |2024-12-02T23:59:41+02:00December 2, 2024|Forex News, News|0 Comments

  • At the beginning of this week, the US dollar regained its recent losses following Trump’s recent harsh threats and ahead of the start of trading for those who abandon the US dollar.
  • As a result, the EUR/USD currency pair is stabilizing on a downward trend around the support level of 1.0515 after closing last week’s trading at around 1.0575.
  • We expect the downward momentum for the euro-dollar to persist until the reaction to the announcement of US jobs figures at the end of the week, which will have a strong reaction on the expectations for the future of US Federal Reserve policies.

US Treasury Yields Stronger

Today, the yield on 10-year US Treasury bonds rose to more than 4.2%, reflecting a two-week decline, and its gains came with increasing speculation among investors about the strong US economic performance before the new year 2025. Also, the rise in bond yields followed the rally in the US dollar after a sharp threat from Trump to the BRICS group of countries. Correspondingly, he stated that he would impose a 100% tariff if the BRICS countries created or supported a new currency that could replace the dollar.

US central bank policies support the dollar

In terms of monetary policy, financial markets are currently betting on the possibility of the Federal Reserve cutting US interest rates by 25 basis points this month by 67%, up from 53% a week ago. In general, investors are now focusing on US jobs data and statements from a number of US Federal Reserve policy officials.

US Stocks Stabilize

According to stock trading platforms, US stock futures have seen little change today as investors seek new catalysts in the last month of 2024. Overall, US stock market indices have emerged from a strong week and month, with the three major indices rising between 1.1% and 1.45% last week and rising between 5.7% and 7.8% in November trading. Also, the Dow Jones and S&P 500 indices hit all-time highs on Friday. Simultaneously, these gains were largely driven by the rally that followed the election after the decisive victory of President-elect Donald Trump. Ultimately, the resilience of the US economy and the corporate sector also boosted investor sentiment.

EUR/USD Analysis Today:

My technical outlook for the EUR/USD currency pair remains unchanged. The overall trend is still downward, and as we mentioned before and confirm now, the stability of the euro-dollar around and below the support level of 1.0500 will continue to encourage the dominance of the bears on the trend. Furthermore, the expectations will return to the proximity of the euro-dollar parity if the bears succeed in pushing the currency pair towards the support levels of 1.0455 and 1.0380 again. Technically, these levels and below will push the technical indicators towards strong oversold levels. Conversely, and based on the daily chart, the psychological resistance of 1.1000 will remain the most important for a shift in the euro-dollar direction to bullish.

EUR/USD Trading Signals:

Based on the above analysis, we recommend selling the EUR/USD currency pair from every upward level. To get EUR/USD signals and other free trading signals, follow our website exclusively. Favourably, consider a trading strategy that avoids risk and activates take-profit and stop-loss orders to ensure the safety of your trading account from any sudden price fluctuations.

Ready to trade our EUR/USD Forex analysis? We’ve made a list of the best forex trading platforms for beginners worth trading with. 

Source link

2 12, 2024

Pre-Workout Supplements Projected to Reach $26.7B by 2030

By |2024-12-02T23:58:18+02:00December 2, 2024|Dietary Supplements News, News|0 Comments


A new report paints a rosy picture for the pre-workout supplement space as “casual users” discover the benefits of workout-enhancing products

Good news for the pre-workout supplements market: demand for workout-enhancing products is expected to reach $26.7 billion by 2030, according to a new report from Research and Markets. Key growth drivers include rising interest in supplements to improve physical performance, increasing awareness of protein benefits, and the growing number of fitness centers and consumers pursuing intensive workouts.

Here are some other notable findings from the report:

North America leads in the largest revenue share in the pre-workout supplements market, led by consumer interest in health and wellness. Still, Asia Pacific is also expected to grow over the forecast period due partly to the increase in fitness and health facilities and consumer interest in nutrient-dense foods.

Although pre-workout supplements come in various product forms, powders are forecasted to be the fastest-growing, according to the report.

Although “offline” pre-workout supplements are expected to have a larger market share during 2024-2030, Research and Markets projects online channels will record faster growth due to the convenience of browsing products based on budget and the increased availability across a wide range of platforms.

While it’s unsurprising that athletes and bodybuilders are the primary consumers of pre-workout supplements, demand for such products from “casual users” is projected to grow significantly due to increased awareness and rising disposable income.

Gen Z Clamors for Supplements

Chatter about supplements is at an all-time high, especially on social media, where #preworkout boasts nearly 520,000 posts on TikTok. Young “fitfluencers” are leading the charge, ranking and reviewing pre-workout brands for their followers and/or sharing their pre-workout supplement routines.

Brands are indeed honing in on the desires of young fitness and health-conscious consumers and for good reason: one McKinsey report issued this year revealed that Gen Z and millennial consumers are purchasing more wellness products and services than older generations.

See Also


Alani Nu, a sports nutrition and energy drink brand, offers pre-workout powders in flavors like Cosmic Stardust, Galaxy Lemonade, and Hawaiian Shaved Ice, incorporating caffeine and amino acids.

Ghost, a supplement brand known for its splashy, colorful branding, is wrapping up the year after catching the interest of Keurig Dr. Pepper, which has made a move to acquire the brand in a $1 billion deal. Among its product lineup, Ghost offers pre-workout powders in Gen Z-appealing flavors such as Swedish Fish, Sonic Cherry Limeade, Warheads Sour Watermelon, and Welch’s Grape.

Pre-Workout Supplements Projected to Reach .7B by 2030
Credit: Ghost

Earlier this year, fitness influencer-founded Bloom landed a sizable investment from C4 energy owner Nutrabolt. The sports nutrition brand also sells pre-workout powders in flavors like Sour Peach Ring and Bahama Mama while also offering supplements in convenient stick packs. 

Research and Market’s report can be found here.

Courtney Rehfeldt

Courtney Rehfeldt has worked in the broadcasting media industry since 2007 and has freelanced since 2012. Her work has been featured in Age of Awareness, Times Beacon Record, The New York Times, and she has an upcoming piece in Slate. She studied yoga & meditation under Beryl Bender Birch at The Hard & The Soft Yoga Institute. She enjoys hiking, being outdoors, and is an avid reader. Courtney has a BA in Media & Communications studies.





Source link

2 12, 2024

Dogecoin Price Prediction: Breakout From Ascending Triangle Says DOGE Is Headed For This Next Critical Level

By |2024-12-02T23:56:35+02:00December 2, 2024|Crypto News, News|0 Comments

The Dogecoin price has just broken out from a unique Ascending Triangle pattern, signaling that it could be gearing up for its next critical level. Following recent market trends, Dogecoin (DOGE) has shown resilience, aiming to hit the $1 threshold despite failing to surpass resistance levels.   

Dogecoin Price Next Critical Level At $0.56

Popular crypto trader and analyst Rekt Capital took to X (formerly Twitter) on December 20 to discuss Dogecoin’s next bullish move after it broke out of an Ascending Triangle pattern. Typically, when a cryptocurrency breaks out of an Ascending Triangle, it suggests that the price has settled above a key resistance line.   

An Ascending triangle is a unique bullish pattern often formed during a price uptrend, signaling the continuation of a cryptocurrency’s upward momentum. The pattern is formed by a horizontal resistance line, where the cryptocurrency price struggles to break out of, and an upward-sloping trend line, where the price forms higher lows over time.  

Following Rekt Capital’s Dogecoin price chart, the meme coin began forming an Ascending Triangle pattern after it witnessed a massive pump above $0.35. Dogecoin experienced varying volatility and fluctuations during the pattern as it attempted to breach and stay above the $0.4 resistance level. 

Source: X

Now that Dogecoin has successfully surged past $0.4 and is currently trading at $0.43, Rekt Capital has suggested that the meme coin is gearing up for another pump. The analyst pinpointed the $0.569 level as Dogecoin’s next upward target, marking a 32.33% increase from its current level. 

Rekt Capital also revealed in his X post that after a break out of the Ascending Triangle, the price of a cryptocurrency often returns to its breakout level to retest it. According to the price chart, the breakout level for the current Dogecoin Ascending triangle represents the top of the pattern, which is between $0.4 and $0.45. 

Furthermore, the analyst has indicated that a post-breakout retest is also possible for Dogecoin. This means that the cryptocurrency’s price could dip back to the breakout level but will not fall below it, confirming a new support zone. While this crucial movement does not always occur, it is seen as a healthy bullish sign confirming that an Ascending Triangle’s cryptocurrency breakout is legitimate. 

Dogecoin To See Violent Upside Movement

Crypto analyst Bluntz has also commented on Dogecoin’s successful break out of its 3-week range around the $0.4 resistance level. The analyst has declared that Dogecoin’s next upside movement “will be violent,” experiencing a similar sharp price pump as it did earlier this month. 

Presenting a price chart, the analyst emphasized that Dogecoin is on track for a swift and continuous price surge to $0.9. This target edges closer to the highly anticipated $1 mark, which most analysts are projecting for the Dogecoin price. 

Dogecoin price chart from Tradingview.com
DOGE price drops from local highs | Source: DOGEUSDT on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com

Source link

2 12, 2024

Nike Is Killing Its Ethereum NFT Sneaker and Avatar Company RTFKT

By |2024-12-02T23:36:06+02:00December 2, 2024|News, NFT News|0 Comments


RTFKT, a digital fashion and technology company that was acquired by Nike in 2021, is shutting down.

“Today we’re announcing the plan to wind down RTFKT operations,” the company said in a statement on X, formerly known as Twitter. “Looking back we’re incredibly proud of everything we’ve achieved together.” 

The company (pronounced “artifact”), which burst onto the digital collectible scene in 2021 selling $10,000 sneakers on Nifty Gateway, built a sprawling ecosystem of Ethereum-based NFTs and physical collectibles over the years, partnering with artists like Takashi Murakami along the way.

In December 2021, it was acquired by Nike for an undisclosed sum, a move which former Nike CEO and President John Donahoe highlighted as a step to accelerate “Nike’s digital transformation and allows us to serve athletes and creators at the intersection of sport, creativity, gaming and culture.”

Nike and RTFKT worked on a number of shoe collections together, even finding the foot of NBA superstar LeBron James amid the league playoffs in 2023.

But ultimately, declining prices for its NFT collections—most notably Clone X, its flagship profile picture (PFP) set—and broader disinterest in NFTs followed, ultimately resulting in the closure announced Monday.

Back in March, crypto influencer Nick O’Neill shared a rumor on X that Nike would shut down RTFKT in 2024, to which pseudonymous RTFKT co-founder Zaptio responded, “Seems like we missed the memo on our shutdown.”.  

Nike gave further hints to the rumor in September 2024 when it left the RTFKT logo out of its brand lineup in a press release detailing Donahoe’s agreement to retire from his position as Nike President and CEO. Donahoe led the sneaker giant at the time of the RTFKT acquisition. 

Some in the Web3 community have offered to revive the RTFKT brand, sending pleas on X with offers of more than $100,000 for a chance at a “Luca Netz moment.” It’s a nod to the takeover Netz had with Pudgy Penguins, an NFT collection that was plummeting before his purchase in 2022 and has since gone on to become a leading Web3-enabled brand for toys and more.

Nike will maintain a presence in Web3 with its virtual creations platform, .Swoosh which it first launched in November 2022 via Ethereum scaling network Polygon.

Representatives for Nike did not immediately respond to Decrypt’s request for comment on how .Swoosh would be impacted by the discontinuation of RTFKT, but a recent blog post from the platform indicates it “won’t be launching any more NFT collections for now.”

Prior to ending its operations, RTFKT is planning to launch a final project this December: the MNLTH X featuring the Blade Drop. No official details about the project have been provided.

“RTKFT isn’t ending,” the firm wrote. “It’s becoming what it was always meant to be—an artifact of cultural revolution.”

Clone X saw increased trading volume on the news, but the average sale price declined by more than 44% according to data from NFT Price Floor. The collection registered an all-time high floor price of more than $63,000 in 2022, but now the NFTs start at less than $1,000 worth of ETH on secondary marketplaces.

Edited by Andrew Hayward

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

2 12, 2024

Slips below 1.2700 amid buoyant US Dollar

By |2024-12-02T21:58:42+02:00December 2, 2024|Forex News, News|0 Comments

  • GBP/USD declines over 0.50%, with sellers targeting further lows after breaking past 1.2644.
  • Bearish momentum confirmed by RSI; GBP faces key supports at 1.2600 and 1.2486.
  • Potential recovery hinges on surpassing resistance at 1.2700 and 1.2818 (200-day SMA).

The Pound Sterling tumbled over 0.50% against the Greenback on Monday, as the latter recovered from last week’s losses, remaining bid on Monday. At the time of writing, the GBP/USD trades at 1.2659, dropping after reaching a daily high of 1.2735.

GBP/USD Price Forecast: Technical outlook

The GBP/USD downtrend remains intact, and it could be threatened if buyers clear the 200-day Simple Moving Average (SMA) at 1.2818. Sellers must clear the November 28 daily low of 1.2644 before extending their drop to 1.2600. A breach of the latter will expose the latest major support at 1.2486, the November 22 swing low, followed by the current year’s low of 1.2299.

Conversely, if GBP/USD clears the 1.2700 figure, the first resistance would be the 1.2800 figure, followed by the 200-day SMA at 1.2818. Once those two levels are surpassed, it would emerge 1.2900 and the 50-day SMA as next key resistance at 1.2943.

The momentum remains bearish, as depicted by the Relative Strength Index (RSI), which aims to be lower at the beginning of December.

GBP/USD Price Chart – Daily

British Pound PRICE Today

The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the strongest against the Australian Dollar.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   0.94% 0.81% 0.16% 0.58% 0.93% 0.90% 0.79%
EUR -0.94%   -0.17% -0.77% -0.34% 0.08% -0.03% -0.13%
GBP -0.81% 0.17%   -0.63% -0.17% 0.25% 0.15% 0.02%
JPY -0.16% 0.77% 0.63%   0.43% 0.81% 0.77% 0.57%
CAD -0.58% 0.34% 0.17% -0.43%   0.50% 0.32% 0.19%
AUD -0.93% -0.08% -0.25% -0.81% -0.50%   -0.11% -0.27%
NZD -0.90% 0.03% -0.15% -0.77% -0.32% 0.11%   -0.11%
CHF -0.79% 0.13% -0.02% -0.57% -0.19% 0.27% 0.11%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).

 

Source link

2 12, 2024

Global Probiotics Market to Exhibit Growth at a CAGR of ~8%

By |2024-12-02T21:56:59+02:00December 2, 2024|Dietary Supplements News, News|0 Comments


New York, USA, Dec. 02, 2024 (GLOBE NEWSWIRE) — Global Probiotics Market to Exhibit Growth at a CAGR of ~8% by 2030 | DelveInsight

The probiotics market is poised for significant growth driven by factors such as heightened awareness of gut health, rising demand for probiotics in preventive healthcare, expanded use in sports nutrition, a stronger emphasis on animal health and nutrition, ongoing product innovation, and efforts to enhance the safety of probiotics. These trends are anticipated to contribute to substantial revenue growth in the market during the forecast period (2024-2030).

DelveInsight’s Probiotics Market Insights report provides the current and forecast market analysis, individual leading probiotics companies’ market shares, challenges, probiotics market drivers, barriers, trends, and key market probiotics companies in the market.

Key Takeaways from the Probiotics Market Report

  • As per DelveInsight estimates, North America is anticipated to dominate the global probiotics market during the forecast period. 
  • In the product segment of the probiotics market, the drinks category had a significant revenue share in the probiotics market in 2023.
  • Notable probiotics companies such as Danone, Nestle, BioGaia, Yakult Honsha Co., Ltd., Probi, Lifeway Foods, Inc., Kerry Inc., Chr. Hansen Holding A/S, Arla Foods amba, Lepicol, Lallemand Inc., Novozymes A/S, Winclove Probiotics, MORINAGA MILK INDUSTRY CO., LTD., Lonza, SUJA LIFE, LLC, i-Health, Inc., AB-Biotics, S.A., Sun Genomics, MORINAGA MILK INDUSTRY CO., LTD, and several others, are currently operating in the probiotics market.
  • In September 2024, ZBiotics, a biotechnology firm focused on genetically engineered probiotics, unveiled its newest product: the Sugar-to-Fiber Probiotic Drink Mix.
  • In August 2024, the TWK10 probiotics, clinically validated for muscle health, secured approval from the Thai FDA.
  • In November 2023, Morinaga Milk Industry Co., Ltd. announced that its proprietary probiotic strain, Bifidobacterium breve B-3, has obtained Individual Recognized Registration in South Korea, recognizing its clinically proven effectiveness in reducing body fat.
  • In September 2022, Nestle’s probiotic brand Garden of Life announced the launch of two new probiotics for supporting kids’ growth and immune health in China.
  • In December 2021, EZZ Life Science Holdings announced the launch of two digestive health products EZZ Biotic EnGastro Capsule and EZZ Biotic HHP Support Probiotic that is intended for treating diarrhea and reducing symptoms of medically diagnosed Irritable Bowel Syndrome (IBS).

To read more about the latest highlights related to the probiotics market, get a snapshot of the key highlights entailed in the Global Probiotics Market Report

Probiotics Overview

Probiotics are live microorganisms that, when consumed in adequate amounts, provide health benefits by improving or restoring the gut flora. They are commonly found in fermented foods such as yogurt, kefir, sauerkraut, and kimchi, as well as in dietary supplements. The most common strains of probiotics include Lactobacillus and Bifidobacterium, though other strains such as Saccharomyces boulardii are also popular. Probiotics are known to support digestive health by balancing the gut microbiome, aiding in the digestion of certain foods, and preventing the growth of harmful bacteria. They also play a significant role in boosting immunity, improving mental health through the gut-brain axis, and managing conditions like irritable bowel syndrome (IBS) and diarrhea caused by antibiotics.

Research on probiotics has expanded to explore their broader health implications, including their role in reducing inflammation, enhancing nutrient absorption, and supporting skin health. Probiotics may also contribute to metabolic health by regulating weight and improving blood sugar levels. However, the effects of probiotics can vary based on individual microbiome differences and the specific strains used. As interest in gut health continues to grow, probiotics are increasingly incorporated into functional foods, beverages, and supplements, making them an integral part of modern dietary strategies aimed at holistic well-being. Despite their benefits, it’s essential to consult a healthcare professional for personalized advice, particularly for individuals with compromised immune systems or serious health conditions.

Probiotics Market Insights 

North America dominated the global probiotics market in 2023 and will maintain its leading position throughout the forecast period (2024-2030). This dominance is attributed to the growing demand for probiotics driven by the increasing prevalence of gastrointestinal disorders in the region. Additionally, factors such as rising consumer interest in fortified foods, a heightened focus on animal health, the presence of key industry players, frequent product launches, and higher disposable incomes are expected to fuel market growth.

A key driver of the probiotics market in North America is the widespread use of these products for digestive health, prompted by the rising incidence of conditions like inflammatory bowel disease (IBD), gastroesophageal reflux disease (GERD), peptic ulcers, constipation, diarrhea, and pancreatitis. The growth in disposable income further supports the expansion of the probiotics market in the region.

To know more about why North America is leading the market growth in the probiotics market, get a snapshot of the Probiotics Market Outlook 

Probiotics Market Dynamics

The probiotics market has experienced significant growth in recent years, driven by increasing consumer awareness of gut health and its correlation with overall well-being. Probiotics, which are live microorganisms that confer health benefits when consumed in adequate amounts, are becoming a preferred choice for addressing digestive health issues, boosting immunity, and supporting mental health through the gut-brain axis. This growing awareness has resulted in a surge in demand across various demographics, particularly in North America, Europe, and Asia-Pacific, where health-conscious lifestyles are more prevalent.

One of the key drivers of the probiotics market is the rising trend of personalized nutrition. Consumers are increasingly seeking tailored solutions for their specific health needs, and probiotics, available in different strains and formulations, are well-suited to meet these demands. Companies are leveraging advancements in microbiome research to develop targeted probiotic products for conditions such as irritable bowel syndrome (IBS), lactose intolerance, and skin health, further diversifying the market. Additionally, the expansion of delivery formats, including capsules, powders, drinks, and functional foods, has made probiotics more accessible and convenient for consumers.

The food and beverage sector remains the largest contributor to the probiotics market, with yogurt and fermented products leading the charge. However, the pharmaceutical and nutraceutical industries are rapidly catching up, as probiotics are increasingly being incorporated into dietary supplements and therapeutic formulations. Innovations such as shelf-stable probiotics and spore-forming strains, which enhance product efficacy and extend shelf life, are propelling this growth. Moreover, the rise of vegan and plant-based diets has spurred the development of non-dairy probiotic options, widening the consumer base.

Regulatory challenges and the need for scientific validation remain key hurdles for the probiotics market. Stringent regulations regarding health claims and labeling, particularly in regions like Europe, require companies to invest heavily in research and clinical trials. Despite this, increased investment in R&D by major players is yielding positive results, fostering trust among consumers and healthcare professionals alike. The market is also witnessing a shift toward probiotic blends and synbiotics to enhance efficacy and overall health benefits.

Looking ahead, the probiotics market is poised for continued growth, supported by rising healthcare costs and the preference for preventive healthcare solutions. Emerging markets, particularly in Latin America and the Middle East, offer untapped potential for industry players. Digital marketing and e-commerce platforms have further expanded the reach of probiotic products, enabling brands to directly connect with consumers. As consumer education and product innovation evolve, probiotics are expected to play a pivotal role in the future of functional foods and wellness.

Get a sneak peek at the probiotics market dynamics @ Probiotics Market Dynamics Analysis

Report Metrics Details
Coverage Global
Study Period 2021–2030
Probiotics Market CAGR ~8%
Probiotics Market Size in 2023 ~USD 58 Billion
Key Probiotics Companies Danone, Nestle, BioGaia, Yakult Honsha Co., Ltd., Probi, Lifeway Foods, Inc., Kerry Inc., Chr. Hansen Holding A/S, Arla Foods amba, Lepicol, Lallemand Inc., Novozymes A/S, Winclove Probiotics, MORINAGA MILK INDUSTRY CO., LTD., Lonza, SUJA LIFE, LLC, i-Health, Inc., AB-Biotics, S.A., Sun Genomics, MORINAGA MILK INDUSTRY CO., LTD, and others

Probiotics Market Assessment

  • Probiotics Market Segmentation
    • Probiotics Market Segmentation By Ingredient Type: Bacteria and Yeast
    • Probiotics Market Segmentation By Product Type: Functional Food and Beverages, Dietary Supplements, and Animal Feed
    • Probiotics Market Segmentation By Application: Human Nutrition and Animal Nutrition
    • Probiotics Market Segmentation By Distribution Channels: Supermarkets and Hypermarkets, Convenience Stores, and Others
    • Probiotics Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of World
  • Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View

Which MedTech key players in the probiotics market are set to emerge as the trendsetter explore @ Probiotics Companies 

Table of Contents 

1 Probiotics Market Report Introduction
2 Probiotics Market Executive Summary
3 Competitive Landscape
4 Regulatory Analysis
5 Probiotics Market Key Factors Analysis
6 Probiotics Market Porter’s Five Forces Analysis
7 Probiotics Market Layout
8 Probiotics Market Company and Product Profiles
9 KOL Views
10 Project Approach
11 About DelveInsight
12 Disclaimer & Contact Us

Interested in knowing the probiotics market by 2030? Click to get a snapshot of the Probiotics Market Trends

Related Reports

Prebiotics Ingredients Market 

Prebiotics Ingredients Market Insight, Competitive Landscape, and Market Forecast – 2030 report delivers an in-depth understanding of market trends, market drivers, market barriers, and key prebiotics ingredients companies, including BENEO, Jarrow Formulas, Inc., Sensus (Cosun), COSUCRA., Nexira, Yakult Pharmaceutical Industry Co., Ltd., Prenexus Health., Cargill, Incorporated, FrieslandCampina Ingredients, Ingredion., Tereos SA, Dow, Kerry Group plc., Roquette Frères., Fonterra Co-Operative Group Limited, AIDP, SAMYANG HOLDINGS CORPORATION, Thera-Plantes Inc., Taiyo International, SOLACTIS, among others.

Soft Drinks Concentrate Market

Soft Drinks Concentrate Market Insight, Competitive Landscape, and Market Forecast – 2030 report delivers an in-depth understanding of market trends, market drivers, market barriers, and key soft drinks concentrate companies, including Beverage Corp, PepsiCo Inc., the Coca-Cola Company, Cott Corporation, Dohler Group, Kraft Foods, Dr. Pepper Snapple Group, Inc., among others.

Dietary Supplements Market

Dietary Supplements Market Insights, Competitive Landscape, and Market Forecast – 2030 report deliver an in-depth understanding of the market trends, market drivers, market barriers, and key dietary supplements companies, including Amway Corporation, Abbott, Glanbia PLC, Bayer AG, Pfizer Inc., Suntory Holdings Ltd, Herbalife Nutrition, Otsuka Holdings Co. Ltd., GlaxoSmithKline PLC, The Bountiful Company, ADM, NU SKIN, Nature’s Sunshine Products, Inc., RBK Nutraceuticals, American Health, Good Health New Zealand, International Flavors & Fragrances Inc., NOW Foods, Bionova, Carlyle Nutritionals, LLC, among others.

Dietary Fibers Market

Dietary Fibers Market Insights, Competitive Landscape, and Market Forecast – 2030 report deliver an in-depth understanding of the market trends, market drivers, market barriers, and key dietary fibers companies, including Cargill, Incorporated, DuPont de Nemours, Inc., Ingredion, Kerry Group plc., Tate and Lyle, Farbest Brands, RETTENMAIER & SÖHNE GmbH + Co KG, Taiyo International, AGT Food and Ingredients, Batory Foods, Beneo, ADM, Roquette Frères, The Green Labs LLC., Nexira, Nutri-Pea, Tereos, Herbafoods Ingredients GmbH, A & B Company, Baolingbao Biological Co., Ltd, among others.

Irritable Bowel Syndrome Market

Irritable Bowel Syndrome Market Insights, Epidemiology, and Market Forecast – 2034 report deliver an in-depth understanding of the disease, historical and forecasted epidemiology, as well as the market trends, market drivers, market barriers, and key IBS companies, including Arena Pharmaceuticals, 4D Pharma, NGM Biopharmaceuticals, OrphoMed, Boston Pharmaceuticals, RedHill Biopharma Limited, Takeda, Cosmo Technologies, CinRx Pharma, Rottapharm, Synthetic Biologics, Biomica, Metacrine, MGC Pharma, Napo Pharmaceuticals, Novome Biotechnologies, Renexxion, Sentia Medical Sciences, Serentrix LLC, Vitality Biopharma, among others.

About DelveInsight

DelveInsight is a leading Business Consultant, and Market Research firm focused exclusively on life sciences. It supports pharma companies by providing comprehensive end-to-end solutions to improve their performance.  


            



Source link

Go to Top