Digestive Health Market Industry Overview
The “Digestive Health Market” industry’s market overview provides a comprehensive analysis of its intricate dynamics. This report offers global, regional, and national revenue forecasts, with a focus on segment and region-specific sales projections. Notably, the report underscores the intense competition within the industry, making it essential reading for industry stakeholders aiming to maintain a competitive edge.
Expected Revenue Growth:
Digestive Health Market size was valued at USD 42 Bn. in 2022 and the total Digestive Health revenue is expected to grow by 5% from 2023 to 2029, reaching nearly USD 59.09 Bn.
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Scope of the Digestive Health Market Report and Research Methodology
This report offers an extensive market-oriented and commercial analysis of the Digestive Health market, employing a variety of research methodologies. The analysis encompasses various facets of the market, including region, revenue, financial status, portfolio, technological advancements, and mergers and acquisitions. Additionally, the report conducts research on both newcomers and established players in the Digestive Health market to identify their growth potential and future business prospects.
The insights provided in this report serve as a valuable guide for stakeholders, investors, market participants, and observers, as well as newcomers, providing them with a comprehensive perspective on the Digestive Health market for devising investment strategies and marketing approaches. The report employs a bottom-up approach to estimate the size of the Digestive Health market, involving the aggregation of data from individual segments to derive a total market size estimate.
Digestive Health Market Segmentation
Global Digestive Health Market Size, by Ingredient (2022-2029)
• Prebiotics
• Probiotics
• Food Enzymes
• Animal-based
• Plant-based
• Microbial-based
According to Ingredient In terms of digestive health goods, the probiotics category led the market in 2022 with the highest revenue share of 87.5%. This is a result of increased awareness of the benefits of probiotics for treating and preventing diarrhoea, preventing allergies and inflammation, and preventing irritable bowel syndrome. ADM, Cargill, Inc., and BENEO GmBH are just a few of the North American and European companies that produce and export prebiotic ingredients to nations across the globe. Because more natural herbs containing prebiotics are being harvested and grown, notably in North America and Europe, prebiotics should be used in more applications.
Global Digestive Health Market Size, by Product (2022-2029)
• Dairy Products
• Bakery & Cereals
• Non-Alcoholic Beverages
• Supplements
• Others
In light of the Product, With a 75.8% revenue share in 2022, the dairy products sector dominated the market for items that support digestive health. Growing consumer interest in preventative healthcare and the development of probiotic dairy product strains that effectively lower intestinal inflammation, improve gut health, and strengthen immunity are driving the digestive health market. Functional drinks like kombucha, sports drinks, and relaxation drinks have become increasingly popular due to their distinct flavours and health benefits. Thus, it is anticipated that non-alcoholic beverages would utilise prebiotics and probiotics among other functional ingredients more frequently, which will aid in the growth of the digestive health market.
Global Digestive Health Market Size, by Distribution Channel (2022-2029)
• Supermarkets/Hypermarkets
• Pharmacies and Drugstores
• Online Retailers
In terms of distribution channel, the industry that specialises in supermarkets and hypermarkets held the biggest market share of 45% for digestive health in 2022. The market segment’s growth has been aided by the great popularity this product category has gained as a result of the large selection of digestive system care products available at significant discounts and the provision of pleasant shopping environments for consumers. However, internet pharmacies usually expand at the fastest rate because they make it easy and comfortable for customers to purchase any kind of merchandise.
Regional Insights for the Digestive Health Market
The report offers a thorough analysis of growth drivers, constraints, future prospects, and the competitive landscape across all regions. The market is categorized into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa, with the report providing forecasts for each specific region. Furthermore, the report identifies the leading countries within each region and includes market projections for these nations.
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Key Competitors
1.Yakult Honsha Co., Ltd. 2. Cie Gervais Danone 3.Sanofi 4. BASF SE 5. Bayer AG 6.Chr. Hansen Holding A/S 7. Nestle S.A. 8. Deerland Probiotics & Enzymes, Inc 9.DuPont 10. Pfizer Inc. 11.Bayer AG 12.NOW Health Group Inc. 13.Alimentary Health Limited 14.Herbalife International of America Inc. 15.Amway Corporation 16. PanTheryx Inc. 17. The Nature’s Bounty Co. 18. Organic India 19.General Nutrition Centers Inc.
Key Questions Addressed in the Digestive Health Market Report:
- Which trends are poised to generate additional revenue for Digestive Health market growth?
- What recent industry trends can be harnessed to create additional revenue streams for the Digestive Health market?
- What growth strategies are market players contemplating to bolster their presence in the Digestive Health market?
- Who held the largest market share in the Digestive Health market?
Key Offerings:
- Historical Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and Price Trends by Region (2018 to 2021)
- Market Size, Share, and Forecast by Different Segments | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – Detailed Analysis by Segment and Sub-segments, by Region
- Competitive Landscape – Profiles of Selected Key Players by Region from a Strategic Perspective
- Competitive Landscape – Market Leaders, Market Followers, Regional Players
- Competitive Benchmarking of Key Players by Region
- PESTLE Analysis
- PORTER’s Analysis
- Value Chain and Supply Chain Analysis
- Legal Aspects of Business by Region
- Lucrative Business Opportunities with SWOT Analysis
- Recommendation
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