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.
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.
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.
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.
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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