Liver Health Supplements Market Report 2024: Strategies And Recent Developments | The Archer-Daniels-Midland Company, Sanofi SA, Amway Corp., Balchem Corporation, Himalaya Wellness Company

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Liver Health Supplements Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The liver health supplements market size has grown strongly in recent years. It will grow from $10.1 billion in 2023 to $10.63 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to rising prevalence of liver diseases, growing awareness of the importance of liver health, aging population, diet and lifestyle.

The liver health supplements market size is expected to see strong growth in the next few years. It will grow to $13.14 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to growing popularity of self-care, non-alcoholic fatty liver disease, personalized nutrition, increasing popularity of e-commerce, holistic health approach. Major trends in the forecast period include advancements in liver health supplement research and development, natural and herbal ingredients, clinical research and transparency, detoxification products, nutraceutical innovation.

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Market Segmentation:
The main products of liver health supplements are vitamins and minerals, herbal supplements and others. Vitamins and minerals are essential micronutrients that the human body requires in small amounts to maintain optimal health and function. They are designed to provide nutrients that may contribute to liver health and help the liver perform its essential functions. They are organic and conventional in nature available in the form of dry, tablets, powder and liquid. These are distributed by various channels such as hospital pharmacies, retail pharmacies and online pharmacies.
Liver Health Supplements Global Market Report 2023 provides data on the global liver health supplements market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors' revenues, profiles and market shares. The liver health supplements market report identifies opportunities and strategies based on market trends and leading competitors' approaches.

Major Driver - Rising Global Alcohol Consumption Fuels Demand For Liver Health Supplements
The rising consumption of alcohol is expected to propel the growth of the liver health supplements market going forward. Consumption of alcohol refers to the practice of consuming alcoholic beverages, which include the active element ethanol. Liver health supplements can be helpful for people with high alcohol consumption by providing support to the liver, which is responsible for removing toxins from the body. Supplements containing ingredients such as milk thistle, dandelion root and kudzu root can help support liver function by promoting detoxification and reducing inflammation. For instance, in December 2022, according to a report published by Kirin Holdings Company Limited, a Japan-based beverages company, about 185.60 million kiloliters of beer were consumed worldwide in 2021, a rise of 4.0% from the previous year. Therefore, the rising consumption of alcohol is driving the growth of the liver health supplements market.

Competitive Landscape:
Major players in the liver health supplements market are The Archer-Daniels-Midland Company, Sanofi SA, Amway Corp., Balchem Corporation, Himalaya Wellness Company, NOW Foods Inc., Metagenics Inc., Aker BioMarine ASA, Enzymedica Inc., Jarrow Formulas Inc., Garden of Life, Designs for Health Inc., Nature's Way Products LLC, Swanson Healthcare Products Inc., Irwins Natural, Integria Healthcare Pty Ltd., Integrative Therapeutics Inc., Premier Research Labs, Gaia Herbs Inc., Pure Encapsulations Inc., Solgar Inc., Renew Life, NutraBio, Nature's Bounty Inc., Nutralife Health Products Inc., Organifi, Terry Naturally Vitamins, Natures Craft, Source Naturals Inc., America's Finest Inc.

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Top Trend - Market Leaders Introduce Breakthrough Products To Boost Liver Health
Major companies operating in the liver health supplements market are developing innovative products to sustain their position in the market. Advancements in innovative supplements are increasing as they help to stimulate the growth of new liver cells, which can help improve liver function. For instance, in March 2023, Evogen Nutrition, a US-based healthy lifestyle nutrition company, launched Evogen Liver Longer, The supplement is designed to help liver health comprehensively and contains various liver-supporting ingredients, including tauroursodeoxycholic acid (TUDCA), siphons and milk thistle extract. These ingredients provide powerful antioxidant support to protect and improve liver function.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Liver Health Supplements Market Characteristics
3. Liver Health Supplements Market Trends And Strategies
4. Liver Health Supplements Market - Macro Economic Scenario
5. Liver Health Supplements Market Size And Growth
…..
27. Liver Health Supplements Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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