The global digestive health supplements market size is projected to reach USD 19 billion by 2031, expanding at a CAGR of 7% during the forecast period, according to a new report by Persistence Market Research (PMR).
Growing awareness amongst the consumers about the benefits of probiotics regarding immunity, along with the rising disposable income of consumers, is likely to drive growth. Evolving dietary habits and greater intake of high-sodium meals are predicted to contribute to the incidence of gastrointestinal diseases, boosting product sales even more. The growing health-consciousness of consumers, along with their desire to explore, has led to the inclusion of digestive health supplements into routine health regimes around the world.
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North America to Hold the Largest Market Share
During the forecast period, North America is likely to continue to have a high demand for digestive health supplements. Obesity, digestive problems, lifestyle-related illnesses, poor dietary habits, and excessive consumption of processed, high-sodium, and ready-to-eat meals are predicted to fuel the demand for digestive health supplements. North America leads the world in vitamins and dietary supplements.
Vitamins and dietary supplements stand to benefit in the United States from the growing trend of healthy lifestyles and the growth in healthcare expenditures, particularly among the elderly. Probiotic supplements are the most important product impacting growth in North America.
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PMR has presented a comprehensive report based on Digestive Health Supplements Market as per Product Type (Probiotics, Prebiotics, and Enzymes), Form (Capsules, Tablets, Liquid, and Others), Sales Channel (Modern Trade, Convenience Stores, Specialty Stores, Multi-brand Stores, Online Retailing, and Others) based on seven regions.
Key Companies Profiled:
- Nestec S.A.
- Nutrica NV
- Alimentary Health Limited
- Lonza Group Ltd
- Amway
- Bayer
- Herbalife
- NOW Foods
- Nature’s Bounty
- Garden of Life
- Zenwise
- HealthForce
- Olly
- Others (As per Request)
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