Press release
Digestive Health Products Market Soars: Projected to Hit USD 72,953 Million by 2030
● The global digestive health products market size is projected to expand to USD 72,953 million by 2030, growing at a CAGR of 7.6% from 2022 to 2030.
● North America accounted for over 34% of the market shares in 2021.
● The Asia-Pacific region is expected to observe the highest CAGR from 2022 to 2030.
● The probiotics segment accounted for over 86% of the overall market share in 2021.
● Dairy products engaged more than 73% of the total market share among applications.
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Digestive Health Products Market Overview and Analysis:
The market is driven by increasing demand for nutritious food ingredients, growing prevalence of gastrointestinal ailments, and rising public awareness of the benefits of probiotics. However, strict regulatory restrictions and expensive R&D for developing new probiotic strains pose challenges.
Latest Digestive Health Products Market Trends and Innovations
The digestive health products market is witnessing a number of trends and innovations, including:
● Increase in geriatric population: The global population is aging, and this is leading to an increase in the number of people who are suffering from digestive problems. This is creating a demand for digestive health products that are specifically designed for older adults.
● Rising consciousness among customers: Consumers are becoming more aware of the importance of digestive health, and this is driving demand for products that can help to improve digestion and gut health.
● Growing importance of active lifestyles: People are increasingly leading active lifestyles, and this is putting a strain on their digestive systems. This is creating a demand for products that can help to support digestive health in people who are physically active.
● Positive prospects for nutrition and health: Consumers are becoming more interested in nutrition and health, and this is driving demand for digestive health products that are backed by scientific evidence.
Major Growth Drivers of the Digestive Health Products Market
The growth of the digestive health products market is being driven by a number of factors, including:
● Increasing demand for nutritional and food supplements: Consumers are increasingly looking for ways to improve their overall health and well-being, and this is driving demand for nutritional and food supplements. Digestive health products are a popular choice for consumers who are looking for ways to improve their digestive health.
● Awareness of the positive effects of probiotics: Probiotics are live microorganisms that can provide a number of health benefits, including improving digestive health. The growing awareness of the positive effects of probiotics is driving demand for digestive health products that contain probiotics.
● Significant increase in food expenditure in emerging economies: Emerging economies are experiencing a significant increase in food expenditure, and this is driving demand for digestive health products. As consumers in emerging economies have more disposable income, they are increasingly looking for ways to improve their health and well-being.
Key Challenges Facing the Digestive Health Products Industry
The digestive health products industry faces a number of challenges, including:
● Lack of awareness regarding the benefits of digestive health products in developing regions: In developing regions, there is a lack of awareness regarding the benefits of digestive health products. This is a challenge for the industry, as it limits the growth potential of the market.
● Limitations in the growth of the global digestive products market: The global digestive products market is limited by a number of factors, including the high cost of research and development, the long regulatory approval process, and the limited availability of natural ingredients.
Despite these challenges, the digestive health products market is expected to continue to grow in the coming years. The growth of the market will be driven by the increasing demand for nutritional and food supplements, the growing awareness of the positive effects of probiotics, and the significant increase in food expenditure in emerging economies.
Market Segmentation Insights:
● By Ingredient: Probiotics, Prebiotics, Food Enzymes
● By Application: Dairy Products, Non-Alcoholic Beverages, Bakery & Cereals, Supplements, Others
Overview by Region of the Digestive Health Products Market:
North America dominates the global market, with significant growth expected in the Asia-Pacific region due to increasing demand for probiotics and fortified beverages.
Digestive Health Products Market Table of Content:
CHAPTER 1. Industry Overview of Digestive Health Products Market
CHAPTER 2. Research Approach
CHAPTER 3. Market Dynamics And Competition Analysis
CHAPTER 4. Digestive Health Products Market By Ingredient
CHAPTER 5. Digestive Health Products Market By Application
CHAPTER 6. North America Digestive Health Products Market By Country
CHAPTER 7. Europe Digestive Health Products Market By Country
CHAPTER 8. Asia Pacific Digestive Health Products Market By Country
CHAPTER 9. Latin America Digestive Health Products Market By Country
CHAPTER 10. Middle East & Africa Digestive Health Products Market By Country
CHAPTER 11. Player Analysis Of Digestive Health Products Market
CHAPTER 12. Company Profile
List of Key Players in the Digestive Health Products Market:
Nestle SA, BASF SE, Arla Foods Inc., Bayer AG, E. I. DuPont Nemours and Company, Danone SA, Hansen Holding, Yakult Honsha Co. Ltd., PepsiCo Inc., Cargill Inc. and General Mills.
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