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Digestive And Intestinal Remedies Market 2023 Size, Share, Industry Scope, Growth Analysis, Top Players, Growing Demand and Forecasts 2032: Bayer AG, Johnson & Johnson, GlaxoSmithKline Plc., Procter & Gamble Company
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Digestive And Intestinal Remedies Market Size, Growth Rate, And Forecast
The global digestive and intestinal remedies market size is expected to grow from $19.49 billion in 2022 to $20.46 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The digestive and intestinal remedies market size is expected to reach $24.44 billion in 2027 at a CAGR of 4.5%.
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Digestive And Intestinal Remedies Market Drivers
The increase in gastrointestinal disorder cases is expected to propel the digestive and intestinal remedy market going forward. Gastrointestinal disorders refer to a collective term of diseases such as nausea, vomiting, food poisoning, and diarrhea that impact the overall biological functioning of the gastrointestinal (GI) tract. The rising incidence of gastrointestinal disorders has resulted in a growing demand for digestive and intestinal remedies that can treat gastrointestinal diseases effectively. For instance, in April 2020, according to a survey by the American Gastroenterological Association covering 33 countries on 6 continents regarding the prevalence of and factors associated with functional gastrointestinal disorders, among the 73,076 adult respondents, more than 40% of persons worldwide have FGIDs, which affect the quality of life and health care use.
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Digestive And Intestinal Remedies Market Segments
• By Type: Digestive Medicines, Remedies Against Gastrointestinal Complaints, Natural And Synthetic Agents
• By Age Group: Pediatric, Adults
• By Distribution Channel: Online, Offline
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the digestive and intestinal remedies market.
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Digestive And Intestinal Remedies Market Key Players
Major competitors in the digestive and intestinal remedies market are Bayer AG, Johnson & Johnson, GlaxoSmithKline Plc., Procter & Gamble Company, Sanofi SA, CH Boehringer Sohn AG & Co KG, Reckitt Benckiser Group plc.
The Business Research Company's "Global Digestive And Intestinal Remedies Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Digestive And Intestinal Remedies Market Include:
1. Executive Summary
2. Digestive And Intestinal Remedies Market Characteristics
3. Digestive And Intestinal Remedies Market Trends And Strategies
4. Digestive And Intestinal Remedies Market - Macro Economic Scenario
5. Digestive And Intestinal Remedies Market Size And Growth
………………
27. Digestive And Intestinal Remedies Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Digestive And Intestinal Remedies Market
29. Digestive And Intestinal Remedies Market Future Outlook and Potential Analysis
30. Appendix
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