Global Digestive Health Supplements Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Digestive Health Supplements Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Type (Prebiotics, Probiotics, Enzymes, and Other Types), Distribution Channel (Supermarkets/Hypermarkets, Pharmacies/Drugstores, Online Retailers, and Other Distribution Channels), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Digestive Health Supplements Market was valued at USD 9,781.2 million in 2023 and is expected to reach USD 15,755.3 million by 2031 while growing at a CAGR of 6.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global digestive health supplements market growth. Digestive health supplements, in various forms like capsules, tablets, powders, and liquids, are crafted to support and enhance the gastrointestinal tract's function, aiding digestion and alleviating common issues. They typically include a blend of vitamins, minerals, enzymes, fibers, and probiotics for overall digestive well-being.
Increasing awareness of digestive health and the rising incidence of disorders like irritable bowel syndrome (IBS), constipation, and indigestion drive the growth of the digestive health supplements market. However, regulatory challenges, compliance issues, and limited scientific evidence for some ingredients may impede market expansion.
Furthermore, the global digestive health supplements industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Type Analysis
The Global Digestive Health Supplements Market is segmented among Prebiotics, Probiotics, Enzymes, and Other Types, based on type. In 2023, Probiotics accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Distribution Channel Analysis
The Global Digestive Health Supplements Market is segmented among Supermarkets/Hypermarkets, Pharmacies /Drugstores, Online Retailers, and Other Distribution Channels, based on Distribution Channels. In 2023, Supermarkets/Hypermarkets accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Digestive Health Supplements Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Bayer AG, NOW Health Group Inc., Herbalife Nutrition Ltd, Amway Corporation, PanTheryx Inc., Organic India, HALEON PLC, Novozymes A/S, GNC Holdings LLC, and Nestlé SA.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Digestive Health Supplements Market Dynamics
Drivers
Restraints
Opportunity
4. Global Digestive Health Supplements Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Digestive Health Supplements Market Segmentation, By Type
Global Digestive Health Supplements Market Share Analysis, By Type
Global Digestive Health Supplements Market Growth Analysis, By Type
Global Digestive Health Supplements Market Trends, By Type
o Prebiotics
o Probiotics
o Enzymes
o Other Types
6. Global Digestive Health Supplements Market Segmentation, By Distribution Channel
Global Digestive Health Supplements Market Share Analysis, By Distribution Channel
Global Digestive Health Supplements Market Growth Analysis, By Distribution Channel
Global Digestive Health Supplements Market Trends, By Distribution Channel
o Supermarkets/Hypermarkets
o Pharmacies /Drugstores
o Online Retailers
o Other Distribution Channels
7. Global Digestive Health Supplements Market Segmentation, By Region
Global Digestive Health Supplements Market Share Analysis, By Region
Global Digestive Health Supplements Market Growth Analysis, By Region
Global Digestive Health Supplements Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Bayer AG*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
NOW Health Group Inc.
Herbalife Nutrition Ltd
Amway Corporation
PanTheryx Inc.
Organic India
HALEON PLC
Novozymes A/S
GNC Holdings LLC
Nestlé SA
*Similar analysis will be provided for each company listed above.