The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s digestive health market report forecasts the digestive health market size to grow to $84.45 Billion by 2027, with a CAGR (compound annual growth rate) of 11%.

Learn More On The Digestive Health Market Report 2023 – https://www.thebusinessresearchcompany.com/report/digestive-health-global-market-report

Digestive Health Market Size Forecast
The global digestive health market is expected to grow from $49.3 billion in 2022 to $55.7 billion in 2023 at a compound annual growth rate (CAGR) of 13.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The digestive health market size is expected to grow to $84.45 billion in 2027 at a CAGR of 11.0%.

North America held the largest digestive health market share.

Key Digestive Health Market Driver ­– Rise In Geriatric Population
For instance, in June 2020, according to a study by the United Nations, the total number of people age 80 years and above is expected to increase from 143 million in 2019 to over 426 million in 2050. Therefore, the increasing geriatric population is expected to aid the growth of the compression therapy market.

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Key Digestive Health Market Trend – New Product Innovation
Detoxification is gaining popularity, which is being taken as an opportunity by major digestive health companies. A series of procedures known as detoxification is intended to treat acute intoxication and withdrawal. For instance, in August 2022, JP Holistic Nutrition, a UK-based online pet supplement store, launched Urban Retreat RESET. Urban Retreat Reset detox is a beverage for digestion and gut health. Digestive enzymes, probiotics, and prebiotics are all ingredients in this supplement for digestive health. It conatins alkalizing products that enhance wellbeing, sleep, mood regulation, and brain health.

Digestive Health Market Segment
1) By Product Type: Functional Foods and Beverages, Vitamins and Dietary Supplements, Other Products
2) By Ingredient Type: Probiotics, Prebiotics, Digestive Enzymes, Other Ingredients
3) By Distribution Channel: Supermarkets/Hypermarkets, Hospital Pharmacies, Online Pharmacies, Other Distribution Channels

Digestive Health Market Major Players and Strategies
Major players in the digestive health market are Chr. Hansen Holdings A/S, Yakult Honsha Co. Ltd., Nestle SA, DuPont, PepsiCo Inc., Danone A.S., Cargill Inc., General Mills, Inc., Arla Foods, Inc., Mondelez International Inc., Deerland Probiotics & Enzymes, Inc., Sanofi, BASF SE, Bayer AG and AST Enzymes.

In March 2021, PanTheryx, the colostrum-based nutrition and biotechnology company, acquired TruBiotics from Bayer HealthCare LLC for an undisclosed amount. Through this acquisition, PanTheryx will expand its product portfolio in the probiotics and microbiome category. TruBiotics is a probiotic brand of Bayer AG, a German multinational pharmaceutical and biotechnology company, that specialises in nutritional supplements, including probiotics.

The Digestive Health Global Market Report 2023 covers regional data on digestive health market size, digestive health market trends and drivers, opportunities, strategies, and digestive health market competitor analysis. The countries covered in the digestive health market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Digestive health is a system that enables the body to efficiently digest food and absorb nutrients, maintaining overall health. Constipation, heartburn, bloating, indigestion, and other digestive issues are less common in those with sound digestion, as are more severe digestive illnesses.

View More Reports Related To The Digestive Health Market –
Digestive Enzymes Global Market Report 2023
Digestive Health Supplements Global Market Report 2023
Nutritional Feed Additives Global Market Report 2023

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