The Argentina Probiotic Industry has witnessed exponential growth in recent years, propelled by the country's rising health consciousness and growing demand for natural, sustainable products. The market is being pushed by the rising consumer preference for preventative healthcare as well as the discovery of effective probiotic strains. When ingested in sufficient quantities, probiotics have beneficial effects on the body, such as better gut health and reduced intestinal inflammation. Probiotics play an important role in preventive healthcare since they improve the immune system and so help to avoid illness. As a result, increased awareness about preventive healthcare is likely to drive market growth throughout the forecast period. A healthy lifestyle and dietary choices that help avoid disease are examples of preventive healthcare. Preventive healthcare awareness is growing as a result of a variety of factors, including rising disposable income, improved living standards, and an ageing population. Argentina is renowned for its exceptional biodiversity, providing a vast array of unique microorganisms that form the foundation of its thriving probiotic industry. This diverse ecosystem allows for the cultivation of a wide range of probiotic strains, each with its own distinct health benefits. The Argentina Probiotic Industry places a strong emphasis on research and innovation. Leading universities and research institutions collaborate with industry players to explore new probiotic strains, study their therapeutic potential, and develop cutting-edge formulations that address specific health concerns. According to the research report "Argentina Probiotic Market Overview, 2028," published by Bonafide Research, the Argentina Probiotic Market was valued at above USD 525 Million in 2022. Argentinians are becoming more conscious of their health and well-being, leading to a growing demand for natural and preventive healthcare solutions. Probiotics, with their numerous health benefits, have gained significant popularity as a natural way to support digestive health, boost immunity, and improve overall wellness. Furthermore, Argentina has a rich culinary heritage that includes a variety of fermented foods such as sauerkraut, kimchi, and kefir. These traditional foods have long been recognised for their probiotic properties. As consumers rediscover the benefits of these time-honoured fermented foods, the demand for probiotic products has seen a natural upswing. As Argentina's probiotic industry continues to flourish, its impact extends beyond the individual level. Probiotics are increasingly recognised for their potential to improve public health outcomes, contribute to a reduced burden on healthcare systems, and empower individuals to take control of their well-being. Consumer awareness has evolved from traditional to functional foods that are more nutritious and healthier as science and innovation research have increased. The concept of functional food is founded on the presence of probiotics, which boost cognitive responsiveness, immune system improvement, and overall well-being. Based on the products types includes the probiotic food and beverages, probiotics dietary supplement and animal feed, in Argentina market there is growing probiotic food and beverages, Argentina has a strong culinary tradition that includes fermented foods like yoghurt, kefir, and sauerkraut. These traditional foods have long been recognised for their probiotic properties. As a result, consumers are familiar with and receptive to probiotic-rich products, providing a solid foundation for market growth. Kefir, a fermented milk drink, has seen a surge in popularity in Argentina. It contains a diverse range of probiotic strains and is known for its tangy taste. Kefir is available in both traditional and flavoured variants, catering to different consumer preferences. As well as the Traditional fermented vegetables like sauerkraut, kimchi, and pickles are widely consumed in Argentina. These probiotic-rich foods are not only appreciated for their health benefits but also as flavour-enhancing additions to meals. They are available both commercially and through homemade preparations. The Argentine government has implemented regulations and policies to ensure the safety, quality, and proper labelling of probiotic products in the country. These regulations aim to protect consumer health, provide clear guidelines for manufacturers, and promote transparency in the probiotic industry. Probiotic food and beverages in Argentina are subject to food safety regulations established by the National Food Safety Agency (ANMAT) and the Ministry of Health. These regulations set standards for manufacturing, handling, and storage to ensure that probiotic products meet safety requirements. Probiotic products in Argentina must comply with specific labelling requirements. Manufacturers are required to provide accurate and clear information on product labels, including the type and quantity of probiotic strains present, recommended serving sizes, and any precautions or contraindications. These labelling regulations help consumers make informed choices about the probiotic products they purchase. The government closely monitors health claims and advertising practises related to probiotic products. Manufacturers are expected to substantiate any health claims made about their products through scientific evidence. The government aims to prevent misleading or false advertising and ensures that probiotic product promotions align with established regulations. Distribution channel consists of Hypermarkets and Supermarkets, Pharmacies/Drugstores, Convenience Stores, Specialty stores, Online and Others. In Argentina Probiotic market Pharmacies/Drugstores is also play a significant role in the market, there are top Pharmacies/Drugstores are present in the Argentina market includes the Farmacity, Farmacias del Dr. Ahorro, Farmacias Independientes, Farmacias Similares and more. Based on the end user segment, which includes humans and animals, in Argentina, humans are more prevalent due to the primary driving force behind the use of probiotics in the human market being consumer demand. Individuals are increasingly interested in taking control of their health and well-being, leading to a growing demand for natural and preventive healthcare solutions. Probiotics have gained significant popularity among consumers as a means to support digestive health, boost immunity, and improve overall wellness. The scientific community has invested substantial research efforts in studying the potential benefits of probiotics for human health. The results of these studies, along with effective marketing strategies, have contributed to increased awareness and acceptance of probiotics among the general public. The strong scientific foundation and extensive marketing campaigns have further propelled the use of probiotics in the human market. Furthermore, Ingredients types include the bacteria and yeast, among them the bacteria is having the highest market growth rate in the market. Bacteria-based probiotics have been extensively studied and researched, providing a strong scientific foundation for their efficacy and health benefits. Numerous clinical trials and research studies have demonstrated the positive effects of bacteria-based probiotics on various aspects of human health, such as digestion, immunity, and gut microbiome balance. The robust scientific evidence has contributed to increased consumer confidence and demand for bacteria-based probiotic products. Considered in this report • Geography: Argentina • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Argentina Probiotics market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Products type: • Probiotics Food and Beverages • Probiotics Dietary Supplements • Animal Feed By End user: • Human • Animal By Ingredient Type: • Bacteria • Yeast By Form: • Liquid • Powder • Gel By Distribution channel: • Hypermarkets and Supermarkets • Pharmacies/Drugstores • Convenience Stores • Specialty stores • Online • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Probiotics industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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