Market Share of North America Probiotic Products Industry
North America is a very competitive market, and many big companies are trying to stay there by putting out new probiotic products to meet growing demand. Nestle SA, Danone SA, BioGaia AB, Amway Corporation, and PepsiCo Inc., among others, are the largest companies in the North American probiotics market. The regional market for probiotic products has many small manufacturers engaged in the business. The players are adopting strategies such as partnerships, collaborations, mergers, and acquisitions by key players to expand their distribution network, which is expected to favor market growth over the coming years. For instance, in February 2022, Lifeway Foods Inc. launched a probiotic drink that has live and active probiotics in it. The MSHRM product line offers these drinks in three different flavors: reishi vanilla, lion's mane golden milk, and troop mix wildberry.
North America Probiotic Products Market Leaders
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Nestle SA
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Danone SA
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PepsiCo Inc.
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BioGaia AB
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Amway Corporation
*Disclaimer: Major Players sorted in no particular order