Client's Objective
A leading probiotics company wanted to get a comprehensive understanding of the global probiotics market to develop strategies for expanding their presence in new regions globally within probiotics and women health. They needed insights to navigate complex market segments, including ingredients, dosage forms, applications, age groups, and distribution channels, with specific goals to:
- Understand market size, growth trends, and the competitive landscape for various ingredients, such as vitamins, botanicals, and probiotics.
- Assess market potential and consumer preferences across different dosage forms like tablets, capsules, liquids, powders, and gummies.
- Develop targeted offerings for applications in gastrointestinal health, women’s health, immunity, and mental wellness.
- Strategize market entry across diverse age groups and optimize distribution through supermarkets, pharmacies, and online retailers
Our Project Strategy
Having understood the broad nature of the study, DataM Intelligence collaborated closely with the client’s marketing and product development teams, including comprehensive primary and secondary research. The approach included in-depth analysis and targeted segmentation to create a tailored strategy for the client’s expansion objectives
- Secondary research: Desk research by our industry expert consultants was conducted to understand the current market scenario, presence of local and global competitors, regulatory and environmental risks, and other market dynamics.
- Primary research: We conducted interviews with stakeholders across the value chain of the global probiotics market. Conducted discussions with key stakeholders to understand specific expansion opportunities, including potential operational challenges, and customer needs. Engaged with consumer groups across regions to gain insights into preferences and expectations related to probiotic products.
Our Delivery
DataM Intelligence provided a comprehensive market analysis, including recommendations across key segments and actionable strategies for market entry, product positioning, and growth.
- Ingredient Segmentation: Conducted detailed market analysis for ingredients like vitamins, amino acids, and omega fatty acids, focusing on consumer demand and competition.
- Dosage Form Analysis: Identified consumer preferences across tablets, capsules, liquids, and gummies, emphasizing production challenges and potential market entry points. Delivered a detailed understanding of consumer demand for probiotics and women health products.
- Application Segmentation: Evaluated product positioning for applications in gastrointestinal health, and women health, immunity, and mental wellness.
- Age Group Analysis: Segmented the market by infants, children, adults, and seniors to understand specific needs and consumption patterns.
- Distribution Channel Analysis: Mapped strategic opportunities across distribution channels, including supermarkets, pharmacies, and online platforms.
- Competitive Landscape and Partnerships Exploration: Conducted an in-depth analysis to identify key competitors and potential partners across regions. This included evaluating major competitors’ product portfolio, market positioning, pricing strategies, distribution networks, and customer engagement tactics. By benchmarking the client’s offerings against those of competitors, we highlighted areas where they could differentiate and add unique value to their target audience. Additionally, we identified potential strategic partners with complementary capabilities, such as specialized manufacturers, distribution channels, and technology providers, who could facilitate faster market entry and expand the client’s reach.