Digestive Health Market Top Manufactures, Future Plans, Industry Size And outlook

Digestive Health Market is expected to grow by 5% from 2023 to 2029, reaching nearly USD 59.09 Bn.

Digestive Health Market Report Scope and Research Methodology

Report Scope:

The Global Digestive Health Market Research Report offers an extensive analysis of the digestive health industry, covering market drivers, restraints, research methodology, and regional insights. This report explores market segmentation based on region, ingredient, product, and distribution channel.

Research Methodology:

Our research methodology employs a comprehensive approach, encompassing macro and micro perspectives of potential customers, revenue, and the prevailing market conditions. Secondary research is conducted to identify segment specifications, both qualitative and quantitative data, and factors contributing to market growth. The report also scrutinizes market dynamics, including drivers and constraints, and employs PESTEL factors for analysis.

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What are Digestive Health Market Dynamics?

Market Drivers:

Growing demand for vitamins and proteins drives dietary changes, promoting a high-fiber diet.
Consumers are increasingly health-conscious, seeking supplements like probiotics, magnesium, digestive enzymes, and herbs to enhance digestion and gut health.

Market Restraints:

Excessive consumption of probiotics can lead to adverse stomach effects.
Some probiotic compounds may contain hidden allergens, posing risks to individuals with allergies.

Digestive Health Market Segmentation?

Ingredient:

In 2022, probiotics dominated the digestive health market for digestive health products, commanding the largest revenue share of 87.5%. Probiotics are renowned for their positive effects on immunity, diarrhea prevention, allergy and inflammation management, and irritable bowel syndrome prevention. The increasing supply of prebiotic ingredients from organizations like ADM, Cargill, Inc., and BENEO GmBH in North America and Europe is expected to drive prebiotics' broader applications.

Product:

Dairy products held the largest revenue share in 2022, accounting for 75.8% of the digestive health market for products that promote digestive health. The rising consumer interest in preventive healthcare and the development of effective probiotic dairy product strains to enhance gut health, reduce intestinal inflammation, and boost immunity have propelled this segment's growth. The popularity of functional beverages, including kombucha, sports drinks, and relaxation drinks, has contributed to their increased usage of prebiotics and probiotics. Non-alcoholic beverages are anticipated to incorporate prebiotics and probiotics more frequently, further promoting digestive health.

Distribution Channel:

Supermarkets/hypermarkets led the distribution channels in 2022, capturing 45% of the digestive health market share. This segment's widespread acceptance is attributed to the availability of a wide range of digestive care products at substantial discounts and the convenience it offers to shoppers. Online pharmacies are projected to experience rapid growth due to their convenience in providing various digestive health products.

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Who are Digestive Health Market Key Players?

1.Yakult Honsha Co., Ltd.
2. Cie Gervais Danone
3.Sanofi
4. BASF SE
5. Bayer AG
6.Chr. Hansen Holding A/S
7. Nestle S.A.
8. Deerland Probiotics & Enzymes, Inc
9.DuPont
10. Pfizer Inc.
11.Bayer AG
12.NOW Health Group Inc.
13.Alimentary Health Limited
14.Herbalife International of America Inc.
15.Amway Corporation
16. PanTheryx Inc.
17. The Nature's Bounty Co.
18. Organic India
19.General Nutrition Centers Inc.

Table of content for the Digestive Health Market includes:

Part 01: Executive Summary

Part 02: Scope of the Digestive Health Market Report

Part 03: Global Digestive Health Market Landscape

Part 04: Global Digestive Health Market Sizing

Part 05: Global Digestive Health Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

In 2022, North America accounted for 48% of the total revenue in the Digestive Health Market. The region's leadership in the plant-based Digestive Health Market can be attributed to heightened consumer awareness of digestive health products. An unhealthy lifestyle, along with rising digestive problems, has fueled demand for such products. According to the World Gastroenterology Organization (WGO), GERD affects 15.8% to 27.8% of the North American population. Favorable regulations in the United States regarding health product usage have created growth opportunities. Bakery and dairy products are expected to maintain dominance in the US market, driven by demand for flavorful, low-cost food items.

The Asia-Pacific Digestive Health Market is projected to experience substantial growth, driven by increased consumption of probiotics and prebiotics and the introduction of new digestive health products. Market participants have introduced their brands to untapped markets in Southeast Asia. China and India, with their large populations, are pivotal markets in the Asia-Pacific region. The awareness of health benefits associated with these products will further fuel regional growth during the forecast period.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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