Global Digestive Health Supplements Market

Report ID : 1273 | Published : 2022-06-20 | Pages: | Format: PDF/EXCEL

The Global Digestive Health Supplements Market is estimated to reach over USD 20.38 billion by 2030, exhibiting a CAGR of 9.0% during the forecast period. Digestive vitamins are typically taken with meals to aid digestion. Changing eating patterns and greater consumption of high-sodium meals are predicted to increase the prevalence of gastrointestinal problems in developed and emerging nations, boosting the digestive health supplements industry. The growing desire for digestive supplements to decrease healthcare costs is also expected to increase market expansion. The advent of innovative delivery modes, scientific proof to back up claims, and improved consumer awareness are all likely to drive probiotic supplement sales.

Furthermore, stringent regulatory standards are posing challenges to the global digestive health supplements industry. Manufacturers must submit their products to a series of tests and certifications before releasing them. On the other hand, the company's expansion is hampered by its material development expenses.

Market Segmentation:

The Digestive Health Supplements market is segmented on the basis of Product, Forms and Sales channels. Based on product, the market is segmented as Probiotics, Prebiotics, Enzymes and Other Products. The forms segment includes Capsules, Tablets, Liquid and Other Forms. By sales channel, the market is categorized into Modern Trade, Convenience Stores, Specialty Stores, Multi-brand Stores, Online Retailing and Other Sales Channels.

Based on product, the probiotics segment is accounted as a major contributor in the Digestive Health Supplements market.

The probiotic segment of the digestive health supplements market is expected to grow as consumer awareness of gut health grows. Supplements are becoming more popular as a way to cut healthcare expenditures, which is expected to help the market grow. Probiotic supplement sales are likely to be boosted by the introduction of new delivery forms, scientific data to back up claims, and increasing consumer awareness. Probiotics fill the body with naturally occurring soil-based organisms that improve immune system response. Insomnia, allergies, exhaustion, and chronic ailments can all benefit from these organisms. Small Intestinal Bacterial Overgrowth (SIBO), Irritable Bowel Syndrome (IBS), leaky gut, chronic constipation, and diarrhoea can all be treated with these nutrients. These factors are expected to increase demand for probiotics over the forecast period.

The liquid segment witnessed growth at a rapid rate.

Growing demand for clinical nutrition products as a result of increased knowledge about malnutrition prevention is predicted to push nutraceutical companies to produce liquids and syrups. The segment is anticipated to register the fastest CAGR over the forecast period. Liquid supplement particles are around 6000 times smaller than human cells, allowing for maximum nutrient absorption. Because they are more effective than ordinary pills, they are used in lower quantities. In comparison to other items, the device is also cost-effective, which is likely to help the segment grow even faster.

In the region, the North America Digestive Health Supplements market holds a significant revenue share.

North America is projected to expand at a significant rate for the global digestive health supplements market over the forecast period. Obesity, digestive disorders, and lifestyle-related diseases are predicted to boost demand due to poor eating habits and high intake of processed, high-sodium, and ready-to-eat meals. Many firms are increasing their efforts to expand their operations in established regions such as North America and Europe. Rising usage of probiotic supplements among middle-aged adults is likely to benefit probiotics segment growth throughout the forecast period. Moreover, Asia Pacific is expected to see high demand for digestive health products as key players implement strategies such as the introduction of their brands in underdeveloped markets in Southeast Asia. Due to their vast consumer bases, China, Japan, and India are among the largest regional markets for digestive health supplements. Over the projection period, rising product demand from countries such as Japan and Australia is likely to boost the regional market growth.

Competitive Landscape

The key players in the Digestive Health Supplements market have shifted their focus on initiating significant strategies such as mergers, acquisitions, and joint ventures of major and domestic players to enhance product portfolio and strengthen their market footprint across the globe. Some of the major key players in the Digestive Health Supplements market are Nestec SA, Nutrica NV, Alimentary Health Limited, Lonza Group Ltd, Amway, Bayer, Herbalife, NOW Foods, Nature’s Bounty, Garden of Life, Zenwise, HealthForce, Olly and Other Prominent Player.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Digestive Health Supplements Market Snapshot

Chapter 4. Global Digestive Health Supplements Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis of Key AI in Healthcare Companies

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

Chapter 5. Market Segmentation 1: By Products, Estimates & Trend Analysis

5.1. By Products, & Market Share, 2020 & 2030

5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2030 for the following By Products:

5.2.1. Probiotics

5.2.2. Prebiotics

5.2.3. Enzymes

5.2.4. Other Products

Chapter 6. Market Segmentation 2: By Forms Estimates & Trend Analysis

6.1. By Forms & Market Share, 2020 & 2030

6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2030 for the following By Forms:

6.2.1. Capsules

6.2.2. Tablets

6.2.3. Liquid

6.2.4. Other Forms

Chapter 7. Market Segmentation 3: By Sales Channels Estimates & Trend Analysis

7.1. By Sales Channels & Market Share, 2020& 2030

7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2030 for the following By Sales Channels:

7.2.1. Modern Trade

7.2.2. Convenience Stores

7.2.3. Specialty Stores

7.2.4. Multi-brand Stores

7.2.5. Online Retailing

7.2.6. Other Sales Chennels

Chapter 8. Digestive Health Supplements Market Segmentation 3: Regional Estimates & Trend Analysis

8.1. North America

8.1.1. North America Digestive Health Supplements Market revenue (US$ Million) estimates and forecasts By Products, 2020-2030

8.1.2. North America Digestive Health Supplements Market revenue (US$ Million) estimates and forecasts By Forms, 2020-2030

8.1.3. North America Digestive Health Supplements Market revenue (US$ Million) estimates and forecasts By Sales Channels, 2020-2030

8.1.4. North America Digestive Health Supplements Market revenue (US$ Million) estimates and forecasts by country, 2020-2030

8.2. Europe

8.2.1. Europe Digestive Health Supplements Market revenue (US$ Million) By Products, 2020-2030

8.2.2. Europe Digestive Health Supplements Market revenue (US$ Million) By Forms, 2020-2030

8.2.3. Europe Digestive Health Supplements Market revenue (US$ Million) By Sales Channels, 2020-2030

8.2.4. Europe Digestive Health Supplements Market revenue (US$ Million) by country, 2020-2030

8.3. Asia Pacific

8.3.1. Asia Pacific Digestive Health Supplements Market revenue (US$ Million) By Products, 2020-2030

8.3.2. Asia Pacific Digestive Health Supplements Market revenue (US$ Million) By Forms, 2020-2030

8.3.3. Asia Pacific Digestive Health Supplements Market revenue (US$ Million) By Sales Channels, 2020-2030

8.3.4. Asia Pacific Digestive Health Supplements Market revenue (US$ Million) by country, 2020-2030

8.4. Latin America

8.4.1. Latin America Digestive Health Supplements Market revenue (US$ Million) By Products, (US$ Million)

8.4.2. Latin America Digestive Health Supplements Market revenue (US$ Million) By Forms, (US$ Million)

8.4.3. Latin America Digestive Health Supplements Market revenue (US$ Million) By Sales Channels, (US$ Million)

8.4.4. Latin America Digestive Health Supplements Market revenue (US$ Million) by country, (US$ Million) 2020-2030

8.5. Middle East & Africa

8.5.1. Middle East & Africa Digestive Health Supplements Market revenue (US$ Million) By Products, (US$ Million)

8.5.2. Middle East & Africa Digestive Health Supplements Market revenue (US$ Million) By Forms, (US$ Million)

8.5.3. Middle East & Africa Digestive Health Supplements Market revenue (US$ Million) By Sales Channels, (US$ Million)

8.5.4. Middle East & Africa Digestive Health Supplements Market revenue (US$ Million) by country, (US$ Million) 2020-2030

Chapter 9. Competitive Landscape

9.1. Major Mergers and Acquisitions/Strategic Alliances

9.2. Company Profiles 

9.2.1. Nestec SA

9.2.2. Nutrica NV

9.2.3. Alimentary Health Limited

9.2.4.  Lonza Group Ltd

9.2.5. Amway

9.2.6. Bayer

9.2.7. Herbalife

9.2.8. NOW Foods

9.2.9. Nature’s Bounty

9.2.10. Garden of Life

9.2.11. Zenwise

9.2.12. HealthForce`

9.2.13. Olly

9.2.14. Other Prominent Player

Segmentation of Digestive Health Supplements Market-

By Products

  • Probiotics
  • Prebiotics
  • Enzymes
  • Other Products

By Forms

  • Capsules
  • Tablets
  • Liquid
  • Other Forms

By Sales Channels

  • Modern Trade
  • Convenience Stores
  • Specialty Stores
  • Multi-brand Stores
  • Online Retailing
  • Other Sales Channels

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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Global Digestive Health Supplements Market is estimated to reach over USD 20.38 billion by 2030

CAGR of 9.0% during the forecast period

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