Digestive Health Products Market Overview:
The global digestive health products market is set to reach an envious valuation owing to the consumption of supplements for betterment of health. Rising number of cases of digestive disorders and the large geriatric pool are main drivers of the market. Rise of health awareness and shift of attitudes of people towards foods can bode well for the market. Preference of healthier lifestyles and demand of probiotics can favor the global market growth. Fortification of foods and essential elements is likely to lead to a spike in production.
Canada Digestive Health Products Market is characterized by its diverse range of supplements, probiotics, fibers, and enzymes aimed at supporting gastrointestinal well-being and overall health. Factors such as changing dietary habits, increasing prevalence of digestive disorders, and rising health consciousness contribute to the growth of the digestive health products market in Canada. Consumers in Canada seek out natural and organic products, as well as innovative formulations targeting specific digestive issues such as bloating, gas, and irregularity. Moreover, regulatory initiatives promoting health claims and labeling transparency contribute to consumer trust and confidence in digestive health products. Businesses operating in the Canadian market must understand consumer preferences, regulatory requirements, and emerging trends to effectively compete and succeed in the dynamic landscape of digestive health products.
Digestive Health Products Market Size was valued at USD 22.1 billion in 2022. The Digestive Health Products market industry is projected to grow from USD 23.58 Billion in 2023 to USD 34.79 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.7% during the forecast period (2023 - 2030).
Digestive health products are supplements available in liquid or solid form which can assist in gut health. The sources of these products are microorganisms, plants, and animals. The global digestive health products market report comprises qualitative and quantitative research made after careful research in conjunction with projections for the period of 2023 to 2030 (forecast period).
Products rich in carotenoids and fighting bad bacteria will find space in the market. Awareness of these products as well as interest in health products can lead to procurement in high volumes by customers. Rising health expenditure of nations such as Brazil, China, and India and the rise in standard income levels can act as a catalyst for growth in the market.
Sales of supplements via social media channels or endorsements via influencers can have a direct impact on the market. Differentiation of product according to the ingredients will bode well for the market. Collaboration opportunities between companies to cross-sell products are likely to spell good returns. Customer experience is focused by companies to gain exposure and reach a wider audience. Glocalization of food focused on digital wellness will favor the market greatly.
Segmentations:
The global digestive health products market has been segmented by product type, delivery format, product type, specialty diet, and application.
Products within the market include digestive nutritional supplements, probiotics, prebiotics, lactase nutritional supplements, multi-vitamins, and others.
By delivery format, the formulation takes the form of chewable, capsules, caplets, tablets, drops, sticks, liquids, soft gels, suppositories, gels and others.
By specialty diet, it comprises high-fiber, natural, vegetarian, gluten-free, dairy-free, and others.
Key applications include breakfast cereals, functional foods, functional beverages, supplements, pharmaceuticals, and others.
Competition Outlook:
Cargill Incorporated, Danone S.A., Arla Foods Inc., Danisco A/S, Yakult Honsha Co. Ltd., Chr. Hansen Holding, Abbott Laboratories, Nestle S.A., Lallemand, and BioGaia AB are key players of the global Digestive Health Products Market Companies.
Related Reports:
Breakfast Cereals Market Research Report Information By Source (Wheat, Rice, Corn, Barley And Others), By Packaging (Boxes, Pouches And Others), By Distribution Channel (Store-based And Non-store based) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032
Informations sur le marché mondial de la gomme à la nicotine - par type de dosage (2 mg, 4 mg et autres) et prévisions régionales jusqu'en 2027
Informationen zum Käsemarkt nach Quelle (Ziegenmilch, Schafmilch, Kuhvollmilch, Magermilch, Büffelmilch, andere), nach Typ (frisch, gereift, weich weiß, halbweich, hart, aromatisiert, andere), nach Produkttyp (Cheddar, Mozzarella, Parmesan, Amerikaner, Blau, andere), nach Anwendung (Käseverarbeitung, Käse Aufstriche, Käse-Dips, Fast-Food-Snacks, Alkoholbeilagen, Backwaren, verarbeitete Lebensmittel, herzhafte Snacks, andere) und Region - Prognose bis 2027
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact Us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071