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New York, US, Sept. 06, 2022 (GLOBE NEWSWIRE) — Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Digestive Health Products Market Information by Product Type, Delivery Format, Specialty Diet, Application and Region – Forecast till 2027”, the market is estimated to acquire a size of over USD 33.67 Bn by the end of 2027. The report further predicts the market to thrive at a healthy CAGR of over 6.70% during the review timeframe.
Market Scope:
Today, using probiotics to treat infections has proven to be the most successful method available. Probiotics also work as a potent preventative measure against the bad bacteria that reside in the gut, providing beneficial health advantages. Because they have no adverse effects, digestive health products are utilized to treat gastrointestinal issues.
Natural supplements for the digestive system can help people’s digestive health by enhancing gut function. Goods for digestive health include foods, functional foods, and supplements made from organically grown plants, animals, or microbes. These products aid in the prevention of digestive system issues.
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Report Scope:
| Report Attribute | Details |
| 2027 Market Size | USD 33.67 Billion |
| CAGR | 6.70% (2020–2027) |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | by Product-type, Delivery Format, Specialty Diet, Application |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Market Drivers | Rising problems regarding gut health |
| Demand for digestive enzyme supplements |
Competitive Dynamics:
Products for digestive health are sold worldwide, and the market is dominated by major companies with well-established distribution networks. Many of these players rely on different commercial tactics, like establishing long-term supply contracts with distributors. Due to the presence of a target consumer base in the region, key firms have turned their attention more and more toward the Southeast Asian market over time. The producers of digestive health products are always monitoring the shifting consumer preferences in the food and beverage business, which motivates them to raise their efforts in research and development as well as in the regular release of new goods. 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.)
- Abbott Laboratories (U.S.)
Market Dynamics:
Market Drivers:
Digestive health products are used to treat gastrointestinal problems because they don’t have any negative side effects. As a result of these digestive products’ expanding popularity and safety attributes, the global market will profit from them. The increasing use of these goods in medicine and in certain medical conditions will also be a major factor in driving the global market for digestive health products.
The growing global awareness of digestive health is one of the key factors driving the market for items related to it. As a result, digestive health products support overall health by maintaining gut health. Due to the growing issues with gut health, there has been an increase in the use of digestive health products, which is another market-driving factor.
Global demand for natural digestive supplements is rising as a result of rising population. It is anticipated that this will open up chances for the market for digestive health products. The market for digestive health products now has more opportunities because to advanced production technologies. Numerous food products contain digestive supplements, and rising consumer desire for nutritious foods will create opportunities for the global market for digestive health products.
Browse In-depth Market Research Report (110 Pages) on Digestive Health Products: https://www.marketresearchfuture.com/reports/digestive-health-products-market-2519
Market Restraints:
Regulations that manufacturers of vitamins and supplements must adhere to in order to introduce a product are one of the main obstacles.
COVID-19 Analysis:
Organizations in the public and private sectors are impacted by the covid-19 outbreak. It has a detrimental effect on the world economy. The manufacture of goods has been impacted by the adoption of lockdown and social distance regulations in numerous nations. Due to the Covid-19 outbreak, the market for digestive health goods experienced mixed results. Despite the limitations that the nations must adhere to, the market for natural digestive health supplements is quickly rising.
People are making an effort to keep up healthy routines and consume nutritive health items in light of the coronavirus outbreak. The health advantages of core health supplements for digestive health during this epidemic are now widely known. The 2020 report on beverages and supplements indicates a rise in the consumption of healthy beverages. However, the lack of production as a result of the labor shortage and shutdown decreased demand for digestive health goods. So the covid-19 pandemic’s effects on the market were uneven. However, due to the demand for digestive health supplements, the market for digestive health products will experience tremendous increase during the forecast period.
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Market Segmentation:
By Product Type
The sector for digestive health products worldwide is dominated by dairy products. The market is fueled by rising consumer interest in preventive healthcare along with the creation of effective probiotic strains for dairy products to reduce intestinal inflammation, boost immunity, and enhance gut health.
By Ingredient
The segment for food enzymes is expanding more quickly. Food enzymes are appealing to food and beverage firms because of their versatility. Additionally, food enzymes are frequently employed in dairy products to give consumers greater gut health and immunity, supporting the segment’s expansion.
By Delivery Type
Over the course of the review period, the capsules segment is anticipated to lead the market.
Regional Analysis:
Due to the rising need for digestive supplements to maintain a healthy gut in this region, North America now maintains the largest market share.
Due to aggressive expansion methods used by international competitors and rising consumer awareness of health-beneficial products, the market in Asia Pacific is anticipated to grow at the highest CAGR. The regional market is anticipated to expand as a result of the expanding population, rising disposable income, and rising standard of living, particularly in China and India. The demand for digestive supplements in nations like China, India, and Japan is accelerating market expansion in this area.
The market in the European region is expected to grow significantly due to the rising patient population and preference for natural supplements for better digestive health over pharmaceutical therapies. The increased prevalence of gastrointestinal issues among people and the rising number of producers will fuel global demand for digestive health goods.
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About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
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