Press release
Digestive Health Market 2023 : Trends, Business Growth And Major Driving Factors | Chr. Hansen Holdings A/S, Yakult Honsha Co. Ltd., Nestle SA, DuPont, PepsiCo Inc., Danone A.S., Cargill Inc.
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 Health Market Size, Growth Rate, And Forecast
The global digestive health market size grew from $49.3 billion in 2022 to $55.7 billion in 2023 at a compound annual growth rate (CAGR) of 13.0%. 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, causing inflation across goods and services and affecting many markets across the globe. The digestive health market size is expected to grow to $84.45 billion in 2027 at a CAGR of 11.0%.
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Digestive Health Market Drivers
The rising geriatric population is driving the digestive health market. The geriatric population consists of adults 65 years of age and older. The digestive system may not function as swiftly or as efficiently as it once did as people age because numerous biological processes slow down with advancing years.
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Digestive Health Market Segments
1) By Product Type: Functional Foods and Beverages, Vitamins and Dietary Supplements, Other Products
2) By Ingredient Type: Probiotics, Prebiotics, Digestive Enzymes, Other Ingredients
3) By Distribution Channel: Supermarkets/Hypermarkets, Hospital Pharmacies, Online Pharmacies, Other Distribution Channels
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Digestive Health market.
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Digestive Health Market Key Players
Major players in the digestive health market are Chr. Hansen Holdings A/S, Yakult Honsha Co. Ltd., Nestle SA, DuPont, PepsiCo Inc., Danone A.S., Cargill Inc., General Mills, Inc., Arla Foods, Inc., Mondelez International Inc., Deerland Probiotics & Enzymes, Inc., Sanofi, BASF SE, Bayer AG and AST Enzymes.
The Business Research Company's "Global Digestive Health 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 Health Market Include:
1. Executive Summary
2. Digestive Health Market Characteristics
3. Digestive Health Market Trends And Strategies
4. Digestive Health Market - Macro Economic Scenario
5. Digestive Health Market Size And Growth
……
27. Digestive Health Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Digestive Health Market
29. Digestive Health Market Future Outlook and Potential Analysis
30. Appendix
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