Digestive Health Products Market 2022 Trends, Size, Growth and Industry Demand
According to the latest report of the IMARC group, entitled “Digestive Health Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027the global market for digestive health products reached a value of US$41.6 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$66.6 billion in 2021. by 2027, with a CAGR of 8.1% in 2022-2027. Digestive health products refer to products consumed to improve the absorption and digestion of nutrients in the body. They are widely used to improve the functioning of the digestive system and maintain a good level of stomach acid. They are a rich source of soluble and insoluble fiber, vitamins C, K and A, omega-3s and other fatty acids. Digestive health products consist of prebiotics, carotenoids, dairy products, baked goods and enzymes like amylases, lactase, lipase, pepsin and peptides obtained from plant, animal or microorganisms. These products help prevent and treat diarrhea, reduce the risk of developing cardiovascular disease (CVD), and protect against the damage of chronic inflammation.
Impact of COVID-19:
We regularly monitor the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
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Market trends:
The ever-increasing geriatric population across the globe that is more susceptible to developing gastrointestinal diseases is creating a positive outlook for the digestive health products market. Digestive health products are widely used to prevent diseases related to digestion, such as irritable bowel syndrome (IBS), inflammatory bowel disease, constipation, colic, and ulcerative colitis. In this light, the rise in unhealthy eating habits among the masses due to sedentary lifestyles and busy schedules augments the growth of the market. Apart from this, various product innovations, such as the launch of non-alcoholic digestive drinks in various flavor profiles that help rehydrate the body, improve cardiovascular health, and reduce anxiety and stress, are giving impetus to market growth. Additionally, the widespread adoption of prebiotics and enzymes in the daily diet to minimize the development of harmful bacteria in the gut and enhance immunity is positively impacting the growth of the market. Other factors including the easy availability of products through online retail channels, increasing consumer spending capacity on health and wellness products and supplements, and growing demand for food additives nutritional and fortifying ingredients, are expected to drive the market towards growth.
Competitive Analysis and Segmentation of the Digestive Health Products Market 2022-2027:
Competitive landscape with key players:
The competitive landscape of the Digestive Health Products market has been studied in the report with the detailed profiles of the major players operating in the market.
Some of these key players include:
- Abbott Laboratories
- Arla Foods
- Biogaia AB
- Cargill Inc.
- chr. Hansen Holding A/S
- Deerland Probiotics & Enzymes Inc.
- General Mills Inc.
- Lallemand Inc.
- Mondelez International Inc.
- Nestlé SA
- Pepsico Inc.
- Yakult Honsha Co. Ltd.
Key Market Segmentation:
The report has segmented the global digestive health products market on the basis of ingredient, form, product, distribution channel, and region.
Breakdown by ingredient:
- Prebiotics
- Probiotics
- enzymes
- Others
Breakdown by form:
- capsules
- Tablets
- Powders
- Liquid
- Others
Breakdown by product:
- Dairy products
- Baked goods and cereals
- Soft drink
- Others
Breakdown by distribution channel:
- Supermarkets and Hypermarkets
- Pharmacies
- Online stores
- Others
Breakdown by region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market trends
- Market drivers and success factors
- Impact of COVID-19
- Value chain analysis
- Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.
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