Digestive Health Supplements Market

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Digestive Health Supplements Market (Type - OTC, and Prescribed; Product - Prebiotics, Probiotics, Enzymes, Fulvic Acid, and Others; Form - Capsules, Tablets, Powders, Liquids, and Others; Distribution Channel - Supermarkets/ Hypermarkets/food Stores, Drug Stores & Pharmacies, Convenience Stores, Online, and Retail Pharmacies): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

  • Published : September, 2021

  • Rep Id : FB0264

  • Category : Food & Beverages

  • Status : Published

A recent report published by Infinium Global Research on the digestive health supplements market provides an in-depth analysis of segments and sub-segments in the global as well as regional digestive health supplements market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional digestive health supplements market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global digestive health supplements market. According to the report, the global digestive health supplements market is projected to grow at a CAGR of 8.36% over the forecast period of 2021-2027.

 

Market Insight

Digestive health supplements market was valued at USD 9.63 billion in 2020 and is expected to reach USD 16.63 billion in 2027, with a CAGR of 8.36% during the forecast period. Digestive health supplements are used for treating the problems occurring in general digestive health. The digestive health supplements market is concerned with the products that are deliberated to revive the digestive tract of human beings. It is basically designed for maintaining healthy levels of acid in the stomach and reloading healthy gut bacteria that carry out censorious absorption and digestion. The favorable viewpoint towards medical nutrition is giving a boost and prevalence to the rise of this market.

 

The major driver for this market is the demand for increasing digestive health products worldwide. Consumers are becoming aware of the health benefits associated with such products and are wishing to consume them. The drift of habits of people from the foods that contain a high rate of sodium to the food that has a lower rate is a great privilege for the digestive health supplements market. There is a huge need for maintaining the tracts, as the nature of these tracts is fragile and they uphold the exertion of digestive health. The mounting of new regime implementation by increasing the levels of urban consumption is anticipated to support the high growth rate of the market. The rising needs of supplements are very helpful to the consumers as it helps in demolishing the healthcare costs. The major focus of manufacturers is on the pattern of consumers. The demands of consumers are very helpful for the market to penetrate and exceed in the direction of growth. The companies have started investing in packaging and up-gradation of ingredients that have become a major attraction for consumers. The recent COVID-19 outbreak and the containment measures introduced by governments across the world have affected the pharmaceutical sector to a large extent. Consumer demand for digestive health supplements is increasing as customers look to support their immune health, boost overall wellness and reduce anxiety in the face of the COVID-19 pandemic.

 

Geographically, North America holds the highest market share and is expected to continue its growth. Higher awareness about digestive health supplements and preventive healthcare is the major driver for the growth of the market in North America. The European region is also moving towards the growth of this market, as there is a change in the food consumption patterns of people. There are probiotic supplements and especially for middle-aged people. Asia Pacific region is foreseeing raising demands for health products and countries getting involved in the production of supplements. India, China, and Japan are some of the largest countries with a wide range of digestive supplement markets. African countries are experiencing steady growth.

 

Segment Covered

The report on global digestive health supplements market covers segments such as type, product, form, and distribution channel. On the basis of type, the sub-markets include OTC, and prescribed. On the basis of product, the sub-markets include prebiotics, probiotics, enzymes, fulvic acid, and others. On the basis of form, the sub-markets include capsules, tablets, powders, liquids, and others. On the basis of distribution channel, the sub-markets include supermarkets/ hypermarkets/food stores, drug stores & pharmacies, convenience stores, online, and retail pharmacies.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Attune Foods, LLC, Bifodan A/S, Biocare Copenhagen A/S, Daflorn MLM5 Ltd., Amway, Bayer AG, Herbalife, Pfizer Inc., NOW Foods, and Royal DSM.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the digestive health supplements market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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