Digestive Health Products Market Overview
The digestive health products market is expected to reach USD 33.67 billion by the end of 2027, with a CAGR rate of 6.70%.
When it comes to treating illnesses in the current age, nothing works better than probiotics, and they also serve as a preventative measure against the bad bacteria in the stomach.
Because they don’t have any adverse effects, digestive health products are utilized to treat gastrointestinal issues. As a result, the global market will benefit from the increased popularity of these digestive products because of their cost-effective and safe qualities. In addition, the global market for digestive health products will be driven by an increase in the usage of these products in medical settings and for specific medical disorders.
The primary goal 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 digestive health core health goods can be boosted by changing eating habits and consuming high-sodium diets.
Other health benefits of these items include an improvement in nutrient absorption and a rise in immune system function. Digestive health core health goods are being boosted by the increasing prevalence of digestive issues, health issues among the public, the aging population, and the growing demand for natural products to improve digestive health. People are becoming increasingly aware of the advantages of digestive health products, and as a result, these goods are in high demand. Aside from that, health product companies benefit from government healthcare programs.
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Product, ingredient, delivery method, and region are the four main divisions of the Global Digestive Health Products Market.
Dairy products, baked goods, cereals, and non-alcoholic beverages make up the digestive health products industry. Dairy products account for the largest portion of the global market for digestive health goods.
There are probiotics, prebiotics, and food enzymes in the digestive health products market. Food enzymes are one of the fastest-growing markets in this group.
By method of delivery, the market is split into capsules (tablets), tablets (chewable), drops (liquid), and others.
Global digestive health product markets are dominated by North America, Europe, Asia-Pacific, Europe, and the rest of the globe, with smaller markets in Latin America and the Middle East.
Due to the rising demand for digestive supplements in North America, this region maintains the largest market share. This is due to reasons such as the expanding senior population, the presence of a large number of manufacturers, and a well-informed public.
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In 2019, the Asia Pacific digestive health products market was valued at $17.63 billion. India, Japan, and China are driving the expansion of this region’s digestive supplement industry.
Increasing patient numbers and a preference for natural supplements for better digestive health over pharmaceuticals are driving the rapid expansion of the European digestive health market. The global market for digestive health products will be driven by rising consumer awareness of digestive health issues, as well as an increase in the number of companies producing digestive health products.
The Latin American and Middle Eastern & African markets are still in their infancy. It is expected to expand during the projection period as expenditure by consumers and the penetration of market participants both increase.
The major key players in the global digestive health products market are Danisco A/S (Denmark), Danone S.A. (France), Nestle S.A. (Switzerland), Yakult Honsha Co. Ltd. (Japan), Arla Foods Inc. (Denmark), BioGaia AB (Sweden), Lallemand (Canada), Hansen Holding (Denmark), Cargill Incorporated (U.S.), and Abbott Laboratories (U.S.).
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