The digestive health supplements market is forecasted to expand at 6% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 29,648.6 million by 2033.
According to a WHO study, sedentary living is one of the top causes of disability and mortality worldwide. However, many people are unaware that a sedentary lifestyle can cause constipation, bloating, and other digestive difficulties.
The vitamins are said to be useful not only for digestive difficulties, but also for increasing immunity. As a result, these supplements can be used widely for illness prevention.
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According to a WHO report, sedentary lifestyle is one of the leading causes of disability and mortality worldwide. However, many people are unaware that a sedentary lifestyle can lead to constipation, bloating, and other digestive issues.
A growing number of people are focusing on leading a healthy lifestyle these days. People are well-equipped to make better and healthier eating choices because to the quantity of information available on the internet. This will benefit the digestive health supplement industry.
People are always looking for strategies to improve their digestive health in order to avoid obesity and the negative consequences of being overweight. As a result, demand for digestive health supplements is likely to increase during the next few years.
Top Highlights from the FMI’s Analysis of Digestive Health Supplements Market:
- The United States digestive health supplements industry acquired a 29.8% market share in 2022.
- Germany’s digestive health supplements industry procured a 13.7% value share in the year 2022.
- Japan’s digestive health supplements industry gained a share of 2.4% in 2022.
- Australian market obtained a value share of 0.9% in the year 2022.
- China’s digestive health supplements industry is projected to expand at a CAGR of 5.7% from 2023 to 2033.
- India’s digestive health supplements industry is expected to register a CAGR of 4.5% over the forthcoming years.
- The United Kingdom’s digestive health supplements industry is anticipated to expand at a CAGR of 3.4% in the upcoming years.
- Based on the form, the capsule segment is expected to acquire more than 26.7% market share in 2023.
- Based on the distribution channel, the drugstore segment is projected to obtain above 32.5% in 2023.
Innovation Watch: Key Developments in the Market
- MegaFood, a corporation that manufactures superior quality supplements, widened its range of digestive health products by introducing new Digestive Health Water Enhancers in 2022. The product comes in three tasty fruit flavors, namely Guava Passion Fruit Kombucha, Pineapple Mango Kombucha, and Lemon Ginger Kombucha. Consumption of these probiotics and prebiotics help in reviving gut health.
- Soulfuel, a wellness company, launched Soulfuel protein powder in 2022. This product intends to better the gut with a cutting-edge mixture of digestive enzymes, post-biotic, and prebiotic inulin with Epicor.
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Key Companies Profiled
- Nestec S.A.
- Hamari Chemicals Ltd.
- Amway
- Bayer
- Herbalife
- Nature’s Bounty
- Garden of Life
- Zenwise
- HealthForce
- Nutricia NV
- Alimentary Health Limited
- Lonza Group Ltd
- NOW Foods
- Olly
- Other Players
Global Digestive Health Supplements Market by Category
By Product Type:
- Prebiotics
- Probiotics
- Enzymes
- Others
By Form:
- Capsules
- Tablets
- Powder
- Others
By Distribution Channel:
- Offline Channel
- Modern Trade
- Convenience Stores
- Specialty Stores
- Multi-brand Stores
- Other Sales Channel
- Online Channel
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East & Africa
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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