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Digestive health products market is growing at a significant CAGR of around 7.0% during the forecast period. Digestive health products intend to boost the immune system of the body, by maintaining the proper functioning of the gastrointestinal tract. The demand for digestive health products is increasing with the rise in the consumption of convenience food and increase in workplace stress. Though, these factors will increase with the rising urbanization and disposable income, leading to the uptake of nutritional supplements, including digestive health products. Along with this, there are several other pivotal factors that are driving the digestive health products market, such as the continuous increase in new market players coupled with the R&D and introduction of newer ingredients and products for digestive health.
Moreover, with the outbreak of COVID-19 pandemic, the concern for health has considerably increased across the globe. The demand for digestive health products to increase immunity and enable the proper functioning of digestive system is expected to project a considerable growth rate in 2020 and during the forecast period. However, high development cost of ingredients and stringent regulatory approvals are few factors that may hamper the market growth during the forecast period.
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Market Coverage
- Market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Digestive health products Market-Segmentation
By Ingredient
- Prebiotics
- Probiotics
- Enzymes
- Others (Fulvic Acid)
By Product
- Dairy Products
- Non-Alcoholic Beverages
- Supplements
- Others (Bakery & Cereals)
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Digestive health products Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
Company Profiles
- Abbott Laboratories
- AMVILAB
- Amway Corp.
- Balance One Supplements Inc.
- Bayer AG
- Carlyle Nutritionals LLC
- Danone SA
- Doctor's Best, Inc.
- GlaxoSmithKline PLC
- Healthy Hey LLP
- Herbalife International, Inc.
- Klaire Labs
- Koninklijke DSM N.V.
- Nestle SA
- Now Health Group Inc.
- Otsuka Pharmaceuticals Co., Ltd.
- Pfizer Inc.
- Procter & Gamble Co.
- Pure Encapsulations, Inc.
- RB Health (US) LLC (Schiff Vitamins)
- The Nature's Bounty Co.
- Yakult Honsha Co., Ltd.
- Zenwise Health
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Article source: https://article-realm.com/article/Food-Beverage/63122-Digestive-Health-Products-Market-to-Witness-Astonishing-Growth-by-2031.html
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