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07-Sep-2023

Digestive Health Market is Expected To Experience Significant Growth During 2022 to 2031, North America Garnered the Largest Revenue Share

• CAGR: 8.8%
• Current Market Size: USD 38.8 Billion
• Forecast Growing Region: APAC
• Largest Market: North America
• Projection Time: 2022 – 2031
• Base Year: 2022

The digestive health market size was valued at $38.8 billion in 2021, and is estimated to reach $90.2 billion by 2031, growing at a CAGR of 8.8% from 2022 to 2031.

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Trends Shaping the Digestive Health Market

  1. Probiotics Dominate: Probiotics, which are beneficial live bacteria, have been at the forefront of digestive health trends. They are commonly found in yogurt, kefir, and supplements. Probiotics promote a balanced gut microbiome, which is essential for good digestive health.
  2. Prebiotics Rising: Prebiotics, the non-digestible fibers that nourish the beneficial bacteria in the gut, have gained momentum. Foods rich in prebiotics, such as onions, garlic, and bananas, have become popular choices for those seeking digestive wellness.
  3. Functional Foods: The emergence of functional foods has also impacted the market. These are products infused with probiotics, prebiotics, and other gut-friendly ingredients. Consumers are increasingly seeking out these options to improve their digestive health.
  4. Digestive Enzymes: Digestive enzyme supplements are on the rise as they aid in the breakdown of food, making it easier for the body to absorb nutrients. These supplements cater to individuals with specific digestive issues.
  5. Awareness and Education: There is a growing awareness of the gut-brain connection and its impact on mental health. This has led to more interest in maintaining a healthy gut, as people realize the potential benefits for mood and cognitive function.

 

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Factors Driving Market Growth

Several key factors are fueling the growth of the digestive health market:

  1. Aging Population: With a growing elderly population, digestive issues are becoming more common. Older adults are more likely to seek products that support their digestive health.
  2. Rising Health Consciousness: Consumers are becoming increasingly health-conscious and proactive in managing their well-being. Digestive health is seen as a fundamental aspect of overall health.
  3. Stressful Lifestyles: Modern lifestyles often involve high levels of stress and poor dietary choices, which can negatively impact digestive health. As a result, more individuals are looking for ways to counteract these effects.
  4. Holistic Health Approach: A holistic approach to health has gained traction. People are understanding that digestive health is not just about addressing symptoms but nurturing the entire digestive system.

 

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Impact of COVID-19 on Digestive Health Market

The COVID-19 pandemic has presented an unparalleled global public health crisis that has left its mark on nearly every sector, with repercussions expected to reverberate across industries for the foreseeable future. The pandemic has ushered in a myriad of changes in consumer behavior, purchasing trends, supply chain adaptations, and substantial government interventions, all of which have had far-reaching implications worldwide. Notably, the COVID-19 pandemic has also wrought transformations in dietary patterns, substance consumption, and various health-related practices among the populace.

Furthermore, the market has faced certain restrictions due to its impact on logistics and supply chains. Nevertheless, the demand for essential products has remained unwavering throughout this crisis. To cater to consumer needs, prominent companies in the respective industries have prioritized optimizing their production and distribution networks.

 

Digestive Health Market Report Highlights

AspectsDetails
Market Size By 2031 USD 90.2 billion
Growth Rate CAGR of 8.8%
Forecast period 2021 – 2031
Report Pages 310
By Type
  • Prebiotics
  • Probiotics
  • Digestive Enzymes
By Form
  • Capsule
  • Tablet
  • Others
By Distribution Channel
  • Drug Stores and Retail Pharmacies
    • Type
      • Prescription
      • OTC
  • Online Providers
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest Of Europe)
  • Asia-Pacific  (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest Of LAMEA)
Key Market Players BASF SE, Bayer AG, The Bountiful Company (Nature’s Bounty), Herbalife Nutrition Ltd., Sanofi, NOW Health Group Inc., GalaxoSmithKline PLC, Pfizer Inc., Amway Corporation, Nestle SA

 

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Last Updated: 07-Sep-2023