Digestive Health Products Market Research Report on Industry Dynamics With Growth Forecast To 2027
The Global Digestive Health Products market size is estimated to reach USD 57.29 billion by 2027 from USD 32.73 billion in 2019, delivering a CAGR of nearly 7.7% through the forecast period. The market growth is driven by the growing focus on improving gut health along with the availability of a variety of nutritional and fortifying food additives and supplements in the market.
In the modern world, busy schedules and changing lifestyles have led to abnormal eating habits and patterns among the masses. This has led to increased demand for supplements or health products for maintaining nutritional levels to attain a healthy body and mind. The growing prevalence of diseases digestive tract disorders like malabsorption, bacterial overgrowth, and other gastrointestinal diseases have fuelled the adoption of digestive health products.
Growing awareness regarding gut health with the accessibility of healthcare data on the Internet is contributing significantly towards digestive health products market growth. In addition, increasing focus of healthcare organizations on outreach programs to increase health care responsiveness among the masses has also boosted product adoption, thereby supplementing digestive health products market share.
Probiotic products hold the largest share of 82% in the digestive health market revenue, followed by prebiotic beverages at 12.5% and digestive enzymes at 6%. Masses suffering from chronic digestive health issues spend extensively on high-potency probiotic products, which is leading to the robust growth of probiotics.
In terms of ingredient, the probiotics segment is estimated to exhibit a CAGR of nearly 6.7%, contributing to a revenue generation of USD 83.22 billion in the digestive health products market share by 2027. The robust growth can be attributed to growing awareness regarding the health benefits of probiotics, such as improved immune system and a healthier gut.
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There are two key segments in the food and beverage industry. The production and distribution of edible commodities are the two segments in question. The processing of meats and cheeses, as well as the creation of soft drinks, alcoholic beverages, packaged foods, and other modified foods, are all part of production. Foods that were directly produced through farming and other forms of agriculture are not included in the production portion of food and beverage industry because they are covered by agriculture. The term “distribution” refers to the process of getting a finished food product into the hands of customers.
In comparison to agriculture, the industry is significantly more focused on technology and mechanical modification of raw materials to create higher value-added food products. Companies that ship food to retail shops, restaurants, or customers directly are considered distribution.
The Digestive Health Products market has been segmented into key regions of the world and offers an analysis of growth rate, market share, market size, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Digestive Health Products market.
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The Digestive Health Products Market report focuses on global major leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.
Key Players covered in this report are
- Hansen Holding,
- Nestle SA,
- I. DuPont Nemours and Company,
- Yakult Honsha Co. Ltd.,
- Danone SA
Based on Ingredient Type market is segmented into:
- Digestive Enzymes
Based on Application market is segmented into:
- Non-Alcoholic Beverages
- Bakery & Cereals
Based on Region market is segmented into:
- North America
- South America
- Middle East & Africa
Major Points covered in this report are as below:
• The Digestive Health Products industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.
• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
• The Digestive Health Products Market report provides key statistics on the market status of the Digestive Health Products manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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