Digestive Health Supplements Market to Reach $108.5 Billion by 2031-Exclusive Report by Meticulous Research®

In a fresh market analysis report entitled "Digestive Health Supplements Market," published by Meticulous Research®, it is projected that the market for such supplements will reach $108.5 Billion by 2031, with a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031. The growth is driven by increasing demand for nutritionally enhanced products, rising awareness of gut health, a growing elderly population, prevalence of digestive disorders, and ongoing innovations in product development. However, stringent regulations and high product costs may impede market expansion.

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The market is segmented by type (including probiotics, prebiotics, enzymes, and others), form (such as tablets, capsules, powders, liquids, and others), distribution channels (encompassing supermarkets, convenience stores, pharmacies, e-commerce, and others), and geography (covering North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The report evaluates industry competitors and analyzes regional and national market dynamics.

Among the types examined, the probiotics segment is expected to experience the highest CAGR due to increased use as an antibiotic alternative, rising adoption for children, growing research on probiotics, and high prevalence of digestive disorders.

Regarding forms, tablets are anticipated to generate the most revenue during the forecast period, attributed to their ease of consumption, preservation of nutritional value, palatability, affordability, and longer shelf life.

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In terms of distribution channels, e-commerce is forecasted to achieve the highest CAGR owing to its benefits like product variety, accessibility, affordability, discounts, and home delivery services.

North America is poised to dominate the market in 2024, driven by an aging population, lifestyle-related diseases, digestive disorders, and the presence of major players.

The market has witnessed numerous product launches, partnerships, agreements, and collaborations in recent years. Key players include Nestlé S.A., Bayer AG, Herbalife Nutrition Ltd., Pfizer Inc., Abbott Laboratories, Amway Corporation, Danone S.A., NOW Foods, PrecisionBiotics, and BioGaia.

To gain more insights into the market with a detailed table of content and figures, click here: @ https://www.meticulousresearch.com/product/digestive-health-supplements-market-5779

Scope of the Report:
Digestive Health Supplements Market Assessment by-Type
• Prebiotics
• Probiotics
• Enzymes
• Other Types

Digestive Health Supplements Market Assessment by-Form
• Tablets
• Capsules
• Powder Form
• Liquid Form
• Other Form

Digestive Health Supplements Market Assessment-by Distribution Channel
• Supermarkets & Hypermarkets
• Convenience Stores
• Specialty Stores
• Pharmacies & Drug Stores
• E-commerce
• Other Distribution Channels

Digestive Health Supplements Market Assessment-by Region
• North America
o U.S
o Canada
• Europe
o Germany
o France
o U.K
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
• Latin America
• Middle East & Africa

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This release was published on openPR.