Digestive Health Products Market Professional Survey Report Industry: Key Trends, Challenges And Standardization Till 2027
Rising demand for gut health products such as probiotics, kimchi, etc., along with the implementation of healthier lifestyles by consumers, is providing impetus for the growth of the market.
Digestive Health Products Market Overview
the digestive health products market is expected to reach $33.67 billion by the end of 2027, with a compound annual growth rate of 6.70%.
When it comes to treating diseases of our time, nothing works better than probiotics, and they also serve as a preventative measure against bad bacteria in the stomach.
Because they have no adverse effects, digestive health products are used to treat gastrointestinal issues. As a result, the global market will benefit from the growing popularity of these digestive products owing to their cost-effective and safe qualities. Additionally, the global market for digestive health products will be driven by an increase in the use of these products in medical settings and for specific medical conditions.
The main purpose of digestive health products is to increase the number of beneficial bacteria in the gut, which aids in the digestion and absorption of food. Global demand for health staples for digestive health can be boosted by changing dietary habits and adopting high sodium diets.
Other health benefits of these items include improved nutrient absorption and increased immune system function. Health staples for digestive health are driven by the increasing prevalence of digestive problems, public health concerns, an aging population, and the growing demand for natural products to improve digestive health. People are increasingly aware of the benefits of digestive health products and hence these products are in high demand. Other than that, healthcare product companies benefit from government healthcare programs.
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Product, ingredient, mode of delivery and region are the four main divisions of the global digestive health products market.
Dairy products, baked goods, cereals and soft drinks make up the digestive health products industry. Dairy products account for the largest share of the global digestive health products market.
There are probiotics, prebiotics, and food enzymes on the market for digestive health products. Food enzymes are one of the fastest growing markets in this group.
By delivery mode, the market is divided into capsules (tablets), tablets (chewable), drops (liquid) and others.
Global digestive health product markets are dominated by North America, Europe, Asia-Pacific, Europe and Rest of the World, with smaller markets in Latin America and the Middle East.
Due to the growing demand for digestive supplements in North America, this region retains the largest market share. This is due to reasons such as the increase in the elderly population, the presence of a large number of manufacturers and a well-informed public.
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In 2019, the digestive health products market in Asia-Pacific was valued at $17.63 billion. India, Japan and China are driving the expansion of the digestive supplement industry in this region.
The increase in the number of patients and the preference for natural supplements for better digestive health over pharmaceutical products are driving the rapid expansion of the European digestive health market. The global digestive health products market will be driven by growing consumer awareness of digestive health issues, as well as an increase in the number of companies producing digestive health products.
Markets in Latin America, the Middle East and Africa are still in their infancy. It is expected to increase over the projection period as consumer spending and market participant penetration increase.
The major key players in the global digestive health products market are Danisco A/S (Denmark), Danone SA (France), Nestlé SA (Switzerland), Yakult Honsha Co. Ltd. (Japan), Arla Foods Inc. (Denmark), BioGaia AB (Sweden), Lallemand (Canada), Hansen Holding (Denmark), Cargill Incorporated (USA) and Abbott Laboratories (USA).
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