2024 Liver Health Supplements Market Summary: 5 Key Findings
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What is the Expected Growth Rate of the Liver Health Supplements Market from 2024 to 2033?
The liver health supplements market has grown strongly, expected to rise from $10.1 billion in 2023 to $10.63 billion in 2024, reflecting a CAGR of 5.3%. The market growth is attributed to the rising prevalence of liver diseases, growing awareness of liver health, aging populations, and dietary and lifestyle changes.
The liver health supplements market is expected to experience strong growth, reaching $13.14 billion by 2028, at a CAGR of 5.4%. The growth is fueled by the growing popularity of self-care, the rise of non-alcoholic fatty liver disease, personalized nutrition, and e-commerce’s increasing role. Trends in the forecast period include advancements in liver health supplement R&D, the use of natural and herbal ingredients, clinical research and transparency, detoxification products, and nutraceutical innovations.
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Rising alcohol consumption is expected to propel the liver health supplements market. Liver supplements, with ingredients like milk thistle and dandelion root, support detoxification and reduce inflammation, aiding people with high alcohol intake. For instance, a report by Kirin Holdings revealed a 4.0% increase in global beer consumption, totaling 185.60 million kiloliters in 2021. This rise in alcohol consumption is thus driving the liver health supplements market.
1) By Product: Vitamin And Minerals, Herbal Supplements, Other Products
2) By Nature: Organic, Conventional
3) By Form: Dry, Tablets, Powder, Liquid
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Companies in the liver health supplements market are developing innovative products to maintain their position. For instance, in March 2023, Evogen Nutrition, a US-based nutrition company, launched Evogen Liver Longer, a dietary supplement designed to support liver health. The supplement contains ingredients like tauroursodeoxycholic acid (TUDCA), milk thistle extract, and siphons, which provide antioxidant support to protect and enhance liver function.
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North America was the largest region in the text-to-video AI market in 2023. The regions covered in the text-to-video ai market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Liver Health Supplements Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the liver health supplements market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Liver Health Supplements Market Include
1. Liver Health Supplements Market Executive Summary
2. Liver Health Supplements Market Segments
3. Liver Health Supplements Market Size And Template Market Growth Rate
4. Key Liver Health Supplements Market Trends
5. Major Liver Health Supplements Market Drivers
……
25. Key Mergers And Acquisitions In The Liver Health Supplements Market
26. Top Liver Health Supplements Companies
27. Liver Health Supplements Market Opportunities And Strategies
28. Liver Health Supplements Market, Conclusions And Recommendations
29. Appendix
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