Digestive Health Supplements Market size is expected to reach nearly US$ 84.25Bn by 2029 with a CAGR of 7.2% during the forecast period.
Market Overview
The globally recognised market intelligence and business consulting firm has published a report on the Digestive Health Supplements market. The report consists of the description of key players and the most successful marketing tactics and strategies used by them and the analysis of the key drivers of the Digestive Health Supplements market. A high end analysis of the important market sectors and opportunities in the market is included in the report.
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Market Scope
The research looks at the forecasted data, revenues generated and the major events in the Digestive Health Supplements market. Leading analysts and industry specialists have scrutinised the data and the results. It also focuses on the key methods used by the well-known Digestive Health Supplements sector firms. The report identifies the future key trends that would influence the demand throughout the projected period. The research includes the micro and macro variables of the market and gives the factors that are propelling the Digestive Health Supplements market growth and impeding the Digestive Health Supplements market growth. Using analogical methodologies gives a good perspectives and deep insights of the market.
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Segmentation:
By Form, It is observed that more than 40% of the Digestive Health Supplements sold by the Nutraceutical Industry is in powdered form. More than 48% of prebiotic products consumed under the category of Digestive Health Supplements are in liquid form. Increased demand for over-the-counter products has observed a 3.3% increase in demand for Digestive Health Supplements in tablet and capsule form.
By Product, It is observed that rising demand for nutrient-rich Digestive Health Supplements has resulted in a 3.4% increase in demand for Probiotics. Increased preference for supplementary products for probiotic products has resulted in a 2.8% increase in demand for Prebiotics. The rising preference for biological catalysts to resolve digestion-related issues has resulted in a 2.3% increase in demand for Enzymes. Different types of Digestive Health Supplements like Fulvic Acid are consumed on a large scale by people.
By Distribution Channel, It is observed that more than 45% of the sales of Digestive Health Supplements in the organized sector happened through the medium of Specialty Stores. Pharmacies that come under the organized sector have generated more than 22% of the revenue earned by the Global Digestive Health Supplements Market. An increase in the use of the internet for purchasing supplementary food products has resulted in a 7% increase in the number of people visiting different online platforms for purchasing Digestive Health Supplements.
Key Players:
• Cargill, Inc.
• Arla Foods, Inc.
• Nestle S.A.
• BioGaia AB
• Abbott Laboratories
• Danone S.A.
• Alimentary Health Limited
• Pfizer, Inc.
• Bayer AG
• Koninklijke DSM N.V.
• Chr. Hansen Holding
• Lallemand
• Yakult Honsha Co., Ltd.
• Danisco A/S
• NOW Foods
• Procter & Gamble
• Nutrica NV
• AMWAY
Regional Analysis
The regional analysis is provided in the MMR’s Digestive Health Supplements market report which gives the in depth analysis of the Digestive Health Supplements market specific region wise. Every region has different factors like political, geographic and economic, etc. which affects the market. Government’s local and regional developments plans also have diverse effects on the performance of the market. Each regions market is researched in depth for discovering the Digestive Health Supplements market trends constraints and growth potential.
Key Questions answered in the Digestive Health Supplements Market Report are:
Key offerings:
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Mar 09, 2023