Digestive Health Market: Detailed Analysis of Growth Factors and Distribution Channels Forecast to 2024-2031 | Bayer AG, NOW Foods, BASF SE.

Digestive Health Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Digestive Health market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the global market, all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the Global Digestive Health market from 2024 to 2031, and what is the market value expected to change by 2031?

Global Digestive Health Market reached US$ 49.1 billion in 2023 and is expected to reach US$ 94.3 billion by 2031, growing with a CAGR of 8.5% during the forecast period 2024-2031.

What is Digestive Health Market?

The digestive health market encompasses a range of products and services aimed at promoting and maintaining gastrointestinal health. This includes probiotics, prebiotics, dietary supplements, functional foods, and medications designed to address issues such as bloating, constipation, and irritable bowel syndrome (IBS). The market is driven by increasing consumer awareness of gut health's role in overall well-being, rising demand for natural and plant-based products, and growing interest in preventative healthcare. As people seek effective solutions for digestive issues, innovation in formulations and delivery methods is fueling market growth and diversification.

Growth Driver

Growing Importance of Digestive Health Care

The digestive system is crucial for breaking down food and beverages into essential nutrients that the body requires for energy, growth, and cell repair. When the digestive system is not functioning properly, it can lead to a range of uncomfortable symptoms, including heartburn, bloating, and irregular bowel movements. These issues can escalate into more serious conditions, potentially resulting in dehydration and malnutrition. As awareness of the importance of digestive health increases, there is a growing emphasis on maintaining a healthy digestive system to prevent these complications and support overall well-being.

Key Players:

Profiles of some of the major players in the global Digestive Health market, which include Bayer AG, NOW Foods, BASF SE, Pfizer Inc., Yakult Honsha Co., Ltd, Nestle S.A., Sanofi, Danone, AMD and Haleon Group of Companies.

Industry Development:

In February 2022, Organic India, a company known for its halal-certified organic herbal and Ayurvedic health products, launched its Daily Pack Supplements. These supplements are designed for convenience and feature whole herb formulas tailored to address specific health needs, including stress and mood management, immunity enhancement, cognitive health, and digestive health.

Later, in August 2022, GoodBelly Probiotics, a company specializing in probiotic beverages and supplements, announced the launch of its new Immune Support Product Line. This line includes a variety of new probiotic drinks offered in three refreshing flavors: pineapple, passionfruit, and citrus guava, aimed at boosting immune health through delicious and effective formulations.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Digestive Health market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.

By Ingredients: Probiotics, Prebiotics, Digestive Enzymes, Other.

By Product: Non-Alcoholic Beverages, Dairy Products, Bakery and Cereals, Supplements, Others.

By Form: Capsules, Tablets, Chewable, Drops, Others.

By Distribution Channel: Supermarket & Hypermarkets, Drug Stores and Pharmacies, E-Commerce, Others.

By Application: Intestinal Disorders, Gut Health.

Regional Break out:

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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➧ Identify and target specific market segments with detailed intelligence on customer preferences and behaviours.

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