In 2022, the size of the global market for supplements that promote digestive health was USD 19.69 billion. It is anticipated that during the forecast period, there will be a swift revenue compound annual growth rate (CAGR) of 8%. The growth in revenue is being driven by several major factors, including unhealthy lifestyle habits such as reliance on processed and fast food, lack of physical activity, high levels of stress, and an increase in digestive diseases caused by smoking, alcohol consumption, and excessive use of antibiotics. As a solution to these problems and to improve their digestive health, consumers are increasingly turning to digestive health supplements. These supplements are beneficial due to their medicinal properties that aid in the resolution of immunity and digestion-related problems.
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Top Profiled Companies in the Global Digestive Health Supplements Market Report:
- Nestle SA
- Danone SA
- Abbott Laboratories
- Yakult Honsha Co., Ltd.
- Lallemand Inc.
- Probi AB
- DuPont Nutrition Biosciences
- BioGaia AB
- Chr. Hansen Holding A/S
- Glanbia Plc
Major Driving Factors for Digestive Health Supplements Market:
- Unhealthy Lifestyle: Unhealthy lifestyle habits such as reliance on processed and fast food, lack of physical activity, and high levels of stress are major driving factors for the market.
- Rising Prevalence of Digestive Diseases: The increasing prevalence of digestive diseases caused by smoking, alcohol consumption, and excessive use of antibiotics is driving demand for digestive health supplements.
- Growing Consumer Awareness: Consumers are increasingly becoming aware of the benefits of digestive health supplements and are turning to them to address digestive health problems. This growing awareness is driving market growth.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Further market segmentation
Ingredient Type Outlook:
- Prebiotics
- Probiotics
- Enzymes
- Others
Formulation Outlook:
- Capsules
- Tablets
- Powders
- Liquids
- Others
Distribution Outlook:
- Pharmacies and Drug Stores
- Supermarkets and Hypermarkets
- Online Retailers
- Others
Key Takeaways of the Global Digestive Health Supplements Market Report:
- A comprehensive overview of the global Digestive Health Supplements industry.
- Accurate market projections in terms of market size, share, and volume.
- Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
- Deep-dive analysis of the upcoming market trends.
- Qualitative and quantitative analyses of the global Digestive Health Supplements market.
- Elaborate study of the leading regional markets in the global Digestive Health Supplements market.
- Complete overview of the market’s competitive landscape.
- Brief look at the company profiles and portfolios.
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