Digestive Health Supplements Market Report 2024 - Market Size, Growth Rate, Major Drivers And Key Trends | Amway Corp., Bayer AG, Pfizer Inc., NOW Foods, Alimentary Health Limited, Garden of Life LLC

"The digestive health supplements market size has grown rapidly in recent years. It will grow from $15.69 billion in 2023 to $17.39 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to growing awareness of digestive health, increased incidence of digestive disorders, aging population and digestive health concerns, consumer interest in probiotics and prebiotics, rise in functional food and beverage consumption.

The digestive health supplements market size is expected to see rapid growth in the next few years. It will grow to $26.61 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to rising demand for personalized nutrition, expansion of e-commerce platforms for supplement sales, research advances in gut microbiome science, increasing focus on preventive healthcare, adoption of digestive health supplements in developing markets. Major trends in the forecast period include innovation in formulations, incorporation of digestive enzymes in supplements, collaboration between supplements and gut health testing, emphasis on natural and organic ingredients, marketing strategies emphasizing gut-brain connection.

Market Overview -
Digestive health supplements refer to a nutritional supplement that aids in the breakdown of food and liquids into their chemical constituents, such as carbohydrates, lipids, proteins, and others, so that the body may absorb them as nutrients and utilize them for energy, cell growth, repair, and other functions.

Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=7292&type=smp

Elevating Demand For Digestive Health Supplements Driven By The Surge In Digestive Disease Prevalence
The rising prevalence of digestive diseases is expected to propel the growth of the digestive health supplement market going forward. A digestive disease is any health problem that affects the digestive tract. These problems can range from mild to severe. Digestive health supplements such as probiotics, prebiotics, and enzymes help with digestive problems including diarrhea, constipation, inflammatory bowel disease, irritable bowel disease, urinary tract infections, and other gastrointestinal-related digestive problems. For instance, according to the International Foundation for Gastrointestinal Disorders, irritable bowel syndrome is the most common functional GI disorder, with a prevalence rate of 10-15% globally. Additionally, it is one of the most common conditions that requires a visit to the doctor. Thus, the rising prevalence of digestive diseases will increase sales and awareness of digestive health supplements, thereby driving digestive health supplement market growth.

Competitive Landscape -
Major companies operating in the digestive health supplements market report are Amway Corp., Bayer AG, Pfizer Inc., NOW Foods, Alimentary Health Limited, Garden of Life LLC, Better Body Co., Florastor - Biocodex, Culturelle - i-Health Inc., Pure Encapsulations LLC, Bio K Probiotic Inc., Renew Life Formulas Inc., The Nature's Bounty Co., Nature Made - Pharmavite LLC, Align -The Procter & Gamble Company, Nature's Way Products LLC, Schiff Nutrition International, Inc., SmartyPants Inc., Rainbow Light Nutritional systems, Jarrow Formulas Inc., Enzymedica Inc., Thorne Research Inc., New Chapter Inc., Solgar Inc., Gaia Herbs Inc., MegaFood, Country Life LLC, Bluebonnet Nutrition Corporation, Nature's Plus - Natural Organics Inc., Carlson Laboratories Inc., Irwin Naturals

Increasing Emphasis On Product Innovation Driving Growth In The Digestive Health Supplements Market
Product innovation is the key trend gaining popularity in the digestive health supplement market. Major companies operating in the market are introducing technological innovations such as new ingredients and exploring innovative administration forms to cater to the needs of various age groups and sustain their position in the market. For instance, in April 2021, Bausch Health Companies Inc., a US-based pharmaceutical company, launched a unique proprietary blend of five probiotic strain ingredients, ENVIVE, an over-the-counter probiotic supplement that is formulated to strengthen and protect the digestive system.

Browse Full Report @
https://www.thebusinessresearchcompany.com/report/digestive-health-supplements-global-market-report

Key Segments -
The digestive health supplements market covered in this report is segmented
1) By Product : Prebiotics, Probiotics, Enzymes, Fulvic Acid, Other Product
2) By Form : Capsules, Tablets, Powders, Liquids, Other Form
3) By Distribution Channel : Supermarkets/Hypermarkets, Convenience Store, Specialty Store , Pharmacies , E-Commerce, Other Distribution Channels

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model "

Want To Know More About The Business Research Company?

The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database

The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.