Digestive Health Supplements Market is anticipated to grow at a significant CAGR of around 8.6% during the forecast period. The market is highly competitive with the presence of many players. High investments in R&D activities and product innovation have led them to gain major market share in the global mark. For instance, in March 2021, Pantheryx Inc announced that it had acquired TruBiotics, a probiotic supplement brand, and its trademarks from Bayer HealthCare LLC. The TruBiotics brand joined PanTheryx’s current brands and ingredient offerings, including Life’s First Natural, dairy colostrum, and prebiotics, to create a full spectrum of nutritional supplements that support comprehensive digestive and immune health at all stages of life. Manufacturers are doing many experiments with new formulations and production of probiotics, incorporating multiple strains, especially in supplements to offer consumers high-quality products with the added benefit of immunity.
Also, to add specific benefits, multi-strain formulations and their advantages are highly dependent on the final blend and the clinical research associated with it. For instance, Bio-Kult is a unique multi-strain live bacteria supplement with 14 strains of live bacteria, this can help a more diverse range of digestive disorders. It is a powerful formulation that targets the digestive system, and it can be stored at any place at room temperature without the need for refrigeration. Manufactures or brands those who have multiple products under their name, to fulfill the demands of the consumers primarily companies are categorizing their products into enzymes and probiotics.
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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 Supplements Market Report by Segment
By Type
- Prebiotics
- Probiotics
- Enzymes
- Others
By Market Form
- Powder
- Capsules
- Tablets
- Others
A full report of Digestive Health Supplements Market available @ https://www.omrglobal.com/industry-reports/digestive-health-supplements-market-size
Digestive Health Supplements Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Abbott Laboratories
- Balance One Supplements Inc
- Bayer AG
- Healthy Hey LLP
- Herbalife International Inc
- Klaire Labs
- Now Helath Group Inc
- Otsuka Pharmaceuticals
- Pfizer Inc
- Procter & Gamble Co
- Pure Encapsulations Inc
- The Nature’s Bounty Co
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/digestive-health-supplements-market-size
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
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Contact Person: Mr. Anurag Tiwari
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Article source: https://article-realm.com/article/Food-Beverage/63125-Digestive-Health-Supplements-Market-to-Signify-Strong-Growth-by-2024-2031.html
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