Digestive And Intestinal Remedies Market Dynamics and Forecast in 2023-2031: Trends and Opportunities | Takeda Pharmaceutical Company Limited, Taisho Pharmaceutical Holdings Co Ltd, Reckitt Benckiser Group plc

Report Ocean (150+ country's markets analyzed, function on 1,00000+ published and forthcoming reports every year.] presents a research report and top winning strategies for the Digestive And Intestinal Remedies. Best subject matter experts, researchers, and market research professionals organized this report in order to ensure that the information in it is compiled from the most authentic sources and that the forecast is of the highest accuracy. To forecast market growth, specialists employ a variety of methodologies and analytical approaches, including S.W.O.T. (analysis methods), P.E.S.T.E.L. analysis, and regression analysis. The Digestive And Intestinal Remedies study also looks at the various regulations and policies that the firm has implemented. This report discusses the industry in terms of research technology and precise prospective utilization, innovation, and future advancements in the Digestive And Intestinal Remedies.

The global digestive and intestinal remedies market size was US$ 18,250 million in 2021. The global digestive and intestinal remedies market size is estimated to reach US$ 25,090 billion by 2030, growing at a compound annual growth rate (CAGR) of 3.6% during the forecast period from 2022 to 2030.

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Gastrointestinal (GI) symptoms such as indigestion, heartburn, bloating and constipation are commonly seen in digestive disorders. For example, diseases such as acid reflux show symptoms such as heartburn and nausea. Symptoms like abdominal pain, bloating, constipation, gas, and diarrhea are seen in diseases like irritable bowel syndrome.
The prognosis of these conditions differs widely depending on the type, cause, and stringency of the condition. Treatment of these situations may track the use of antibiotics. However, some over-the-counter medications are used to treat various digestive conditions including antacids for acid reflux, antidiarrheals for chronic diarrhea, and stool softeners or laxatives for chronic constipation.

Factors Affecting Marketing Growth

The rise in cases of gastrointestinal disorders, changes in natural food habits, and high demand for related over-the-counter products are driving the growth of the global market.
The rise in the prevalence of digestive diseases such as inflammatory bowel disease, constipation, irritable bowel syndrome, and gastroesophageal reflux disease, and growing healthcare expenditure drive the growth of the global market.
The rise in consumption of complementary food products and the availability of alternative treatments for gastrointestinal diseases are expected to hinder the growth of the global market.

Impact on COVID-19 Analysis

The COVID-19 pandemic had a positive impact on the global market owing to the high research and development activities regarding the role of the gastrointestinal tract in the COVID-19 pandemic. Furthermore, the rising prevalence of certain gastrointestinal diseases also helped forecast the global market amid the pandemic situation.

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Regional Analysis

Europe recorded the largest share of revenue in 2021 and is expected to maintain its dominance from 2022 to 2030 due to the presence of a large patient population, strong presence of key players, ease of drug availability, well-developed healthcare infrastructure, a higher number of research, development and innovation activities and greater adoption of advanced medical sciences.

Leading Competitors

The prominent players in the global digestive and intestinal remedies market are:
Takeda Pharmaceutical Company Limited
Taisho Pharmaceutical Holdings Co Ltd
Reckitt Benckiser Group plc
Sanofi S.A.
Prestige Consumer Healthcare Inc.
Procter & Gamble Company
Menarini Group
Eli Lilly and Company
Jiang Zhong Pharmaceutical Co Ltd
Abbott Laboratories
Others

Segmentation Analysis

The global digestive and intestinal remedies market segmentation focus on Type, Age Group, Distribution Channel, and Region.

Segmentation on the basis of Type

Gastrointestinal Agents and Remedies
Digestive Medicines

Segmentation on the basis of Age Group

Adult
Pediatric

Segmentation on the basis of Distribution Channel

Offline
Online

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Segmentation on the basis of Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

Key questions answered in the global market report are:

- How does a global company acquire markets?
- What are its core strategies and policies?
- What factors will influence the market over the forecast period?
- What are the factors driving and restraining the market?
- What are the leading competitors in the global market?
- Which region is growing at a higher pace in the global market?

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This release was published on openPR.