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NEW YORK, USA, Sept. 06, 2022 (GLOBE NEWSWIRE) — Market overview
According to a comprehensive research report by Market Research Future (MRFR) “Digestive health products market Information by product type, delivery format, Specialty Nutrition, Application and Region – Forecast to 2027”, the market is estimated to gain over USD 33.67 billion by the end of 2027. The report predicts that it will thrive at a healthy CAGR of over 6.70% during the forecast period.
Market Scope:
Today, the use of probiotics has been found to be the most successful method of treating infections. Probiotics act as a powerful defense against bad bacteria in the gut, providing important health benefits. Since they have no side effects, digestive products are used to treat gastrointestinal issues.
Natural supplements for the digestive system help people’s digestive health by improving bowel function. Digestive health products include foods made from organically grown plants, animals or microbes, functional foods and supplements. These products help prevent digestive system problems.
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Scope of Report:
| Report behavior | Details |
| 2027 market size | 33.67 billion dollars |
| CAGR | 6.70% (2020-2027) |
| Foundation year | 2019 |
| Forecast time | 2020-2027 |
| Historical data | 2018 |
| Prediction classes | Value (USD billion) |
| Report coverage | Revenue forecast, competitive landscape, growth factors and trends |
| Covered parts | By product type, delivery format, special diet, application |
| Covered geographies | North America, Europe, Asia-Pacific and Rest of the World (RoW) |
| Key market drivers | Problems with gut health are on the rise. |
| The need for digestive enzyme supplements |
Competitive dynamics:
Digestive health products are sold worldwide, and the market is dominated by major companies with well-established distribution networks. Most of these players rely on different business strategies, such as establishing long-term supply contracts with distributors. Key companies have increasingly turned their attention to the Southeast Asian market due to the presence of a target consumer base in the region. Digestive health product manufacturers are always in control of consumer preferences in the food and beverage business, prompting them to increase their efforts in research and development and to regularly release new products. Major Key Players in the Global Digestive Health Products Market:
- Dansko A/S (Denmark)
- Danone SA (France)
- Nestle SA (Switzerland)
- Yakult Honsha Co. Ltd. (Japan)
- Arla Foods Inc. (Denmark)
- BioGaia AB (Sweden)
- Lallmand (Canada)
- Hansen Holding (Denmark)
- Cargill Incorporated (USA)
- Abbott Laboratories (USA)
Market volatility:
Market Drivers:
Digestive health products are used to treat gastrointestinal problems as they have no negative side effects. Due to the increasing popularity and safety features of these digestive products, the global market profits from them. The increasing use of these products in medicine and in some medical conditions will be a major factor driving the global digestive health products market.
Growing global awareness of digestive health is one of the key factors driving the market for its related products. As a result, digestive health products support overall health by maintaining gut health. Due to the increasing problems related to gut health, an increase in the use of digestive health products has been observed, which is another factor driving the market.
Global demand for natural digestive supplements is increasing due to population growth. This is expected to open up market opportunities for digestive health products. The market for digestive health products now has many opportunities because of advanced manufacturing technologies. A number of food products include digestive supplements, and increasing consumer appetite creates opportunities for the global market for digestive health products.
Browse our in-depth market research report (110 pages) on Digestive Health Products: https://www.marketresearchfuture.com/reports/digestive-health-products-market-2519
Market Limits:
One of the biggest hurdles is the regulations that vitamin and supplement manufacturers have to follow in order to promote a product.
Analysis of Covid-19:
Organizations in both the public and private sectors have been affected by the Covid-19 pandemic. It has a harmful effect on the world economy. The impact of commodity production has been influenced by the adoption of lockdown and social distancing rules in many countries. Due to the Covid-19 pandemic, the market for digestive health products has experienced mixed results. Despite the restrictions that nations must follow, the market for natural digestive health supplements is growing rapidly.
In view of the corona virus epidemic, people are trying to follow a healthy daily routine and eat nutritious health products. During this pandemic, the health benefits of mainstream health supplements for digestive health are widely recognized. The 2020 Report on Beverages and Supplements shows growth in consumption of healthy beverages. However, the lack of production due to labor shortages and shutdowns has reduced demand for digestive health products. Therefore, the impact of the Covid-19 outbreak on the market has been disproportionate. However, due to the demand for digestive health supplements, the digestive health products market will witness a significant increase during the forecast period.
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Market segmentation:
By product type
Globally, the digestive health products sector is dominated by dairy products. The market has been fueled by increasing consumer demand for preventive health care and the creation of effective probiotics for dairy products to reduce intestinal inflammation, boost immunity and improve gut health.
In substance
The field of food enzymes is expanding rapidly. Food enzymes are attractive to food and beverage organizations because of their versatility. Additionally, food enzymes are frequently employed in dairy products to provide consumers with greater gut health and immunity, supporting the segment’s expansion.
By type of supply
During the forecast period, the capsules segment is expected to lead the market.
Regional analysis:
North America now accounts for the largest market share due to the increasing demand for digestive supplements to maintain a healthy gut in this region.
The market in Asia Pacific is expected to grow at the highest CAGR due to aggressive expansion strategies used by global competitors and increasing consumer awareness of health-promoting products. The region’s market is expected to expand, particularly in China and India due to expanding population, rising disposable incomes and rising living standards. Demand for digestive supplements in countries such as China, India, and Japan is accelerating market expansion in this area.
The market in the European region is expected to grow significantly due to increasing patient population and preference for natural supplements for better digestive health over pharmaceutical treatments. Prevalence of gastrointestinal issues among people and increasing number of manufacturers will fuel the global demand for digestive health products.
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About future market research:
Market Research Future (MRFR) is a global market research company that prides itself on providing comprehensive and accurate analysis of various markets and consumers around the world. Future Market Research has the unique objective of providing the best quality research to clients. Our market research on products, services, technologies, applications, end users and market players for global, regional and country level market segments enables our clients to see more, know more and do more, helping to provide the answers that matter most to you. Questions.
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