Global Sales of Digestive Health Supplements Market Are Expected to Top US$ 18 BN in 2030 | Register a Healthy CAGR of Over 7%

On the back of these factors, global sales of digestive health supplements market are expected to top US$ 18 Bn in 2030. According to the report by Persistence Market Research, the digestive health supplements market is estimated to register a healthy CAGR of over 7% during the forecast period of 2020-2030.

Globally, sedentary lifestyle and physical inactivity have resulted in an exponential growth in digestive issues. One of the major health concerns linked with a sedentary lifestyle is weight gain. According to WHO, sedentary lifestyle is a major underlying cause of death, disease, and disability. Every year, approximately 2 million deaths are attributable to physical inactivity.

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Key Takeaways from Digestive Health Supplements Market Study

The global digestive health supplements market represents a moderately consolidated competitive landscape, where a majority of key players maintain their strategic focus on pricing strategy, brand identity, product strategy, digital advertising of products, and remodelling the supply chain network.
Persistence Market Research identifies Europe as the largest market for digestive health supplements, with a share of 30% through 2030, followed by North America, attributable to the fact that, customers across these regions seek high quality products with satisfactory services, and are more health-conscious nowadays.
Globally, sedentary lifestyle has taken over a majority of the population, resulting in subsequent ailments and health issues. Thus, increasing demand for digestive health supplements aligned with growth of nutraceuticals is set to result in higher sales of digestive health supplements across the world.
By form, capsules account for a larger share (more than 4 in 10 sales) as compared to tablets and powder, majorly due to convenience of consumption. In fact, gummies and chews are garnering huge attention among the younger generation.
By type, at more than 40% share, demand for probiotics will be higher than prebiotics and enzymes.
After initial logistic hiccups due to the onset of COVID-19, demand for digestive health supplements is soaring on the back of increasing population giving high importance to health and wellness.

The report offers a close look at the evolving aspects of the market, and insights into the dynamics impacting market growth. It also focuses on key developments in the digestive health supplements market, especially due to the COVID-19 pandemic situation that has affected people, globally. The report includes various macro- and microeconomic factors responsible for a significant impact on market growth.

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The report on the digestive health supplements market extensively focuses on the key trends shaping its growth. Additionally, the included opportunity analysis underlines untapped corners for aspiring players. The report also offers a holistic view of the incremental opportunity, which can further help readers make effective decisions for the growth of their businesses.

All stakeholders in the digestive health supplements market can rely on the data offered in this report to make critical decisions. Moreover, the information offered in this report also can help new market entrants expand their bases in the digestive health supplements market.

The report elaborates on both, historical and current trends shaping the digestive health supplements market. The performance journey of the market has been drawn and analyzed to make the lucrative opportunities in the market evident to readers. The competitive landscape presented in the report gives a detailed outlook of the profiles of key companies operating in the digestive health supplements market, along with their differential strategies and key focus areas. Key Questions Answered in Report

The research study on the digestive health supplements market offers inclusive insights about the growth of the market in the most comprehensive manner. Key insights offered in the report answer some of the most salient questions that assist stakeholders in gauging all the emerging possibilities.

How is the rapidly changing business environment impacting the growth of the digestive health supplements market?
What are the key trends that are constantly shaping market growth?
Which are the prominent regions that offer plentiful opportunities for players in the digestive health supplements market?
How has the outbreak of COVID-19 pandemic affected the market, and what would the trend be like during the forecast period?
What are the differential strategies adopted by key players to hold a significant share in the global digestive health supplements market?

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Research Methodology

A unique and promising research methodology forms the base of the digestive health supplements market report for the forecast period. This report has been prepared after comprehensive analysis of market events, and riveting insights have been compiled meticulously. The research methodology is a two-step process comprising primary and secondary research. Key stakeholders, including suppliers, service providers, and experts of several designations, including executive vice presidents, directors, technical advisor, GM marketing professionals, and sales professionals have been interviewed. Secondary sources referred to obtain information include investor presentations of manufacturers, World Bank, IMF, and other credible sources

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