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 supplements market report forecasts the digestive health supplements market size to grow to $22.69 Billion by 2027, with a CAGR (compound annual growth rate) of more than 10%.

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

Digestive Health Supplements Market Size Forecast
The global digestive health supplements market is expected to grow from $14.02 billion in 2022 to $15.46 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. 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 supplements market size is expected to grow to $22.69 billion in 2027 at a CAGR of 10.1%.

North America held the largest digestive health supplements market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Digestive Health Supplements Market Driver ­– Rise In The Prevalence Of Digestive Diseases
For instance, according to the International Foundation for Gastrointestinal Disorders, irritable bowel syndrome is the most common functional GI disorder, with a prevalence rate of 10–15% globally. Additionally, it is one of the most common conditions that require a visit to the doctor. Thus, the rising prevalence of digestive diseases will increase sales and awareness of digestive health supplements, thereby, driving the growth of the digestive health supplement market.

Request for A Sample Of The Global Digestive Health Supplements Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7292&type=smp

Key Digestive Health Supplements Market Trend – Product Innovation
Major companies operating in the market are introducing technological innovations such as new ingredients and exploring innovative administration forms to cater to the needs of various age groups to sustain their position in the market. For instance, in April 2021, Bausch Health Companies Inc., a US-based pharmaceutical company, launched a unique proprietary blend of five probiotic strains ingredients, ENVIVE, an over-the-counter probiotic supplement that is formulated to strengthen and protect the digestive system.

Digestive Health Supplements Market Segment
1) By Product: Prebiotics, Probiotics, Enzymes, Fulvic Acid, Other Product
2) By Form: Capsules, Tablets, Powders, Liquids, Other Form
3) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Store, Specialty Store, Pharmacies, E-Commerce, Other Distribution Channels

Digestive Health Supplements Market Major Players and Strategies
Major players in the digestive health supplements market are Amway Corp, Bayer AG, Pfizer Inc., NOW Foods, Alimentary Health Limited, Nestle, Nutricia, Lonza, Nature’s Bounty, Garden of Life, Zenwise, OLLY Public Benefit Corporation, BASF SE, Herbalife International, and GlaxoSmithKline PLC.

In May 2022, Glanbia Nutritionals, an Ireland-based nutrition company, acquired Sterling Technology for an amount of $60 million. Through this acquisition, Glanbia Nutritionals aims to scale and strengthen its bioactive solutions portfolio to cater to the needs of its customers. Sterling Technology is a US-based bioactive solution manufacturing company, which offers product solutions in digestive health, Tegricel, a solution that uses NSAIDs to keep the digestive tract healthy.

The Digestive Health Supplements Global Market Report 2023 covers regional data on digestive health supplements market size, digestive health supplements market trends and drivers, opportunities, strategies, and digestive health supplements market competitor analysis. The countries covered in the digestive health supplements 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 supplements refer to a nutritional supplement that aids in the breakdown of food and liquids into their chemical constituents—carbohydrates, lipids, proteins, and the like—so that the body may absorb them as nutrients and utilise them for energy, cell growth, and repair, and other functions.

View More Reports Related To The Digestive Health Supplements Market –
Digestive Enzymes Global Market Report 2023
Healthcare Services Global Market Report 2023
Bone And Joint Health Supplements Global Market Report 2023

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: