Singapore Postbiotic Food Supplement Market Size, Share, and COVID-19 Impact Analysis, By Product Form (Powder, Capsules, Liquid, Tablets, and Others), By Type (Short-Chain Fatty Acids, Tributyrin, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Pharmacies & Drug Stores, Online Retailers, and Others), and Singapore Postbiotic Food Supplement Market Insights, Industry Trend, Forecasts to 2033

Industry: Food & Beverages

RELEASE DATE Oct 2024
REPORT ID SI6769
PAGES 199
REPORT FORMAT PathSoft

Singapore Postbiotic Food Supplement Market Insights Forecasts to 2033

  • The Market is Growing at a CAGR of 9.85% from 2023 to 2033
  • The Singapore Postbiotic Food Supplement Market Size is Expected to hold a significant share by 2033

Singapore Postbiotic Food Supplement Market

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The Singapore Postbiotic Food Supplement Market Size is anticipated to hold a significant share By 2033, Growing at a CAGR of 9.85% from 2023 to 2033. The increasing consumer focus on gut health and the trend of integrating natural & organic ingredients are driving the growth of the postbiotic food supplement market in Singapore.     

 

Market Overview

Postbiotic food supplements are bioactive food supplements. These are non-viable bacterial products or metabolic byproducts produced by probiotic microorganisms that have biological activity in the host. They provide nutritional advantages, prevent disease, and treat ailments in the pharmaceutical and functional food industries. Postbiotic vitamins are therefore necessary for the health of the digestive system. Thus, the rising prevalence of some digestive illnesses like IBD that may often associated with ulcerative colitis or Crohn’s disease surges the demand for postbiotic food supplements. The increased research on the efficacy of postbiotic supplements for immune support, digestion, and inflammation management is providing market opportunities for postbiotic food supplements. Furthermore, the increasing consumer-tailored approach to health and wellness as per individual dietary needs, health goals, and genetic profiles is providing more personalized and effective solutions to consumers.   

 

Report Coverage

This research report categorizes the market for the Singapore postbiotic food supplement market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Singapore postbiotic food supplement market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Singapore postbiotic food supplement market.  

 

Singapore Postbiotic Food Supplement Market Report Coverage

Report CoverageDetails
Base Year:2023
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :9.85%
Historical Data for:2019-2022
No. of Pages:199
Tables, Charts & Figures:102
Segments covered:By Product Form, By Type, By Distribution Channel and COVID-19 Impact Analysis.
Companies covered::Biomii Pte. Ltd., Greenlife International Pte Ltd., LAC Singapore, NutriLife Singapore, Best World International Ltd., and other key vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors

The increasing consumer awareness of gut health surges the need for postbiotic food supplements as these supplements help to improve digestion and support the immune system. The integration of natural & organic ingredients like short-chain fatty acids, bacteriocins, exopolysaccharides, organic acids, kefir, etc. are driving the market demand.

 

Restraining Factors

The lack of awareness about postbiotic post supplements is challenging the Singapore postbiotic food supplement market.

 

Market Segmentation

The Singapore Postbiotic Food Supplement Market share is classified into product form, type, and distribution channel.

  • The liquid segment dominated the Singapore postbiotic food supplement market during the forecast period.       

Based on the product form, the Singapore postbiotic food supplement market is divided into powder, capsules, liquid, tablets, and others. Among these, the liquid segment dominated the Singapore postbiotic food supplement market during the forecast period. Liquid tablets, yogurt drinks, and more conventional fermented drinks like kefir and kombucha are the various forms of liquid postbiotics. The ease of ingestion and rapid absorption of liquid formulations are driving the market in the liquid segment.

 

  • The short-chain fatty acids segment is anticipated to grow at the fastest CAGR during the forecast period.

The Singapore postbiotic food supplement market is segmented by type into short-chain fatty acids, tributyrin, and others. Among these, the short-chain fatty acids segment is anticipated to grow at the fastest CAGR during the forecast period. Short-chain fatty acids such as butyrate, proprionate, and acetate are produced from the fermentation of indigestible carbohydrates by intestinal anaerobic commensal bacteria like Clostridia species, providing energy to the intestinal microbiota and IECs. The widespread application of SCFAs in dietary sources among consumers driving the market expansion. 

 

  • The supermarkets/hypermarkets segment dominated the market with the largest market share in 2023.

The Singapore postbiotic food supplement market is segmented by distribution channel into supermarkets/hypermarkets, pharmacies & drug stores, online retailers, and others. Among these, the supermarkets/hypermarkets segment dominated the market with the largest market share in 2023. Supermarkets are increasing their selection of natural and organic products as a result of consumers' growing interest in these products due to the emphasis on health and wellness. The convenience and accessibility offered by these stores are driving the market in the supermarkets/hypermarkets segment.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Singapore postbiotic food supplement market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Biomii Pte. Ltd.
  • Greenlife International Pte Ltd.
  • LAC Singapore
  • NutriLife Singapore
  • Best World International Ltd.
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments
•    In January 2024, GenieBiome launched a synbiotics formula. Synbiotics are clinically tested on young kids for eczema. It consists of three Bifidobacterium strains which were already used in its flagship G-NiiB Immunity Formula SIM01 and two Streptococcus thermophilus strains, and has been shown to reduce the pathogenic bacteria by up to 80 % and replenish the good bacteria that are deficient. 

 

Market Segment

This study forecasts revenue at Singapore, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Singapore Postbiotic Food Supplement Market based on the below-mentioned segments:

 

Singapore Postbiotic Food Supplement Market, By Product Form

  • Powder
  • Capsules
  • Liquid
  • Tablets
  • Others

 

Singapore Postbiotic Food Supplement Market, By Type

  • Short-Chain Fatty Acids
  • Tributyrin
  • Others

 

Singapore Postbiotic Food Supplement Market, By Distribution Channel

  • Supermarkets/Hypermarkets
  • Pharmacies & Drug Stores
  • Online Retailers
  • Others

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