Global Digestive Health Supplements Market to reach USD XX billion by 2027.Global Digestive Health Supplements Market is valued approximately at USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.96% over the forecast period 2021-2027. The digestive system consists of the esophagus, stomach, and intestines, which are the primary organs that serve to digest food and supply nutrients to the body. Good digestive health is essential since it impacts both the mind and the body. Proper protein, vitamin, and nutrient intake keeps the stomach healthy and supplies energy to the entire body. The market is driven by rising number of weight management programs and rising prevalence of digestive diseases. As per the U.S. Department of Health and Human Services, 60 to 70 million people are affected by all digestive diseases in US. Furthermore, rise in chronic diseases propel the market of digestive health supplements. For instance, According to the National Center for Biotechnology Information at the National Library of Medicine, gastroesophageal reflux disease (GERD) is a chronic and common condition, with age being a major risk factor. Women are much more likely than males to suffer from GERD. Changing food habits and increased consumption of high-sodium foods are projected to add to the incidence of gastrointestinal diseases in both established and emerging nations, boosting the digestive health supplements market. However, high ingredient development cost and stringent government regulations may impede market growth over the forecast period of 2021-2027.
During the forecast period, North America is projected to continue to have high demand for digestive health supplements. Obesity, digestive problems, and lifestyle-related illnesses are projected to boost demand for digestive health supplements, owing to poor eating habits and a high consumption of processed, high-sodium, and ready-to-eat meals. Many manufacturers are increasing their attempts to expand their operations in established regions such as North America
Major market player included in this report are:
Herbalife International of America Inc
Alimentary Health Limited
The Nature's Bounty Co.
Amway Corporation
General Nutrition Centers
Koninklijke DSM NV
Bayer AG
NOW Health Group Inc.
Pfizer Inc.
PanTheryx Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Prebiotics
Probiotics
Enzymes
Other Types
By Distribution Channel:
Supermarket/Hypermarket
Pharmacies and Drugstores
Online Retailers
Other Distribution Channels
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Digestive Health Supplements Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors