Digestive health products aim to strengthen the human immune system, improving the activities of the digestive system. The presence of various enzymes in digestive health products, such as lipase, amylase, and lactase, help maintain stomach acid levels and improve nutritional digestion. Furthermore, the products and supplements made by the major market players are also responsible for maintaining the health of the digestive system.
Furthermore, in Western democracies, probiotics, which are essential for maintaining a healthy gut microbiota, are becoming increasingly popular among consumers who take a holistic approach to healthy living. Therefore, it is expected that during the forecast period, the demand for digestive health products will increase as consumers’ awareness of gut health increases.
Additionally, the United States is expected to continue to see a sharp increase in the demand for digestive health, due to unhealthy dietary practices and high consumption of processed, high-sodium, and ready-to-eat foods, the prevalence of obesity, digestive disorders and lifestyle diseases. In addition, according to the World Health Organization, 39 million children under the age of 5 were overweight or obese in 2020, and obesity worldwide has nearly tripled since 1975. As digestive health plays an important role in weight control, more of the obese population are turning to digestive health management for the weight loss process, thus driving the growth of digestive health market trends. However, before launching products, manufacturers have to apply for a large number of certifications and tests which involve a large investment for product approval. In addition, the company’s materials development costs limit its ability to grow, hampering the growth of the digestive health market.
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the global digestive health market accounted for $38.8 billion in 2021, and is expected to reach $90.2 billion by 2031, growing at a CAGR of 8.8% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.
Covid-19 Scenario:
• The Covid-19 pandemic has changed eating patterns and other health-related behaviors of the population.
• Additionally, the market has experienced slow growth during the pandemic due to the impact of the pandemic on logistics and supply chain. The global digestive health market is segmented on the basis of type, shape, distribution channel, and region.
Based on type, the digestive enzymes segment is expected to account for the highest CAGR of 9.5% during the forecast period. However, the probiotics segment took the lion’s share in 2021, accounting for more than 90% of the market, and is expected to maintain its leading position throughout the forecast period.
Based on shape, the capsule segment is estimated to experience the highest CAGR of 9.5% during the forecast period. Furthermore, the segment dominated in 2021, contributing about 90% of the market, and is estimated to maintain its dominance by 2031.
Based on the distribution channel, the online merchant segment is expected to exhibit the highest CAGR of 10.9% during the forecast period. However, the drugstore and retail pharmacy segment held the largest share in 2021, accounting for nearly three-fifths of the market.
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The global Digestive Health market is analyzed across various regions such as North America, Europe, Asia-Pacific and LAMEA. The Asia-Pacific market is estimated to register the highest CAGR of 10.7% during the forecast period. However, the North American market held the largest share in 2021, contributing more than two-fifths of the market, and is expected to maintain its leading position between 2022 and 2031.
Global Digestive Health Market report includes in-depth analysis of major market players such as Bayer AG, GalaxoSmithKline PLC, Pfizer Inc., Sanofi, Nestle SA, Herbalife Nutrition Ltd., BASF SE, NOW Health Group Inc., Amway Corporation , The Generous Company (Nature’s Bounty)
The report analyzes these key players in the global digestive health market. These players have adopted various strategies such as expansion, new product launches, partnerships, and more to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio and developments of each market player..
The global digestive health market report includes an in-depth analysis of the major market players such as Bayer AG, GalaxoSmithKline PLC, Pfizer Inc., Sanofi, Nestle SA, Herbalife Nutrition Ltd., BASF SE, NOW Health Group Inc., Amway Corporation, The Bountiful Company (Nature’s Bounty)
Read more- https://www.alliedmarketresearch.com/press-release/digestive-health-market.html
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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