Digestive Health Supplements Market Size Worth $15.67 Billion by 2025: Grand View Research, Inc.

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23 Oct, 2019, 08:35 GMT

SAN FRANCISCO, Oct. 23, 2019 /PRNewswire/ -- The global digestive health supplements market size is projected to reach USD 15.67 billion by 2025, expanding at a CAGR of 8.8% during the forecast period, according to a new report by Grand View Research, Inc. Rising awareness about the effectiveness of probiotics on immunity coupled with increasing consumer disposable income is expected to fuel the growth. Changing eating habits and increased consumption of high-sodium foods are likely to contribute to the prevalence of gastrointestinal disorders in the developed, as well as emerging economies, which is anticipated to further boost the product sales.

Key suggestions from the report:

High prevalence of probiotic supplements in the form of tablets on account of easy dosage patterns is expected to drive the segment at a CAGR of 9.2% over the forecast period
Rising consumer willingness to pay premium price for supplements that contain prebiotic ingredients is projected to surge the demand of prebiotic supplements in the forthcoming years
Italy, Japan, and U.S. remained the key probiotic supplement manufacturing countries and contributed to more than 32% of the overall market share in 2018
Europe digestive health supplements market is anticipated to expand at a CAGR of 7.0% owing to the growing technological innovation offering new opportunities for the manufacturers
Government initiatives in healthcare infrastructure development along with favorable policies are anticipated to positively impact the preference for OTC digestive health supplements over the forecast period
Key market participants include Bayer, Amway, NBTY and NOW Foods among others

Read 155 page research report with ToC on "Digestive Health Supplements Market Size, Share & Trends Analysis Report By Product (Prebiotics, Probiotics, Enzymes), By Form, By Distribution Channel (OTC, Prescribed), By Region, And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/digestive-health-supplements-market

Growing health awareness has resulted in increasing per capita expenditure on digestive health supplements in the developed markets. High prevalence of digestive disorders in Japan, U.S., and several European countries has boosted the overall demand for digestive health supplements in recent years. Asia Pacific is expected to expand at the highest CAGR of 8.7% over the forecast period. Increasing geriatric population coupled with high demand for digestive health products is expected to fuel the regional market over the forecast period.

Awareness regarding the harmful chemicals coupled with rising preference for organic ingredients is anticipated to drive the demand for powdered supplements over tablets, capsules, and other such product types. Hence, manufacturers are focus on producing powders that can be added to any drink or smoothie for easy consumption. This factor is anticipated to create growth opportunities for the manufacturers in near future.

Grand View Research has segmented the global digestive health supplements market on the basis of product, form, distribution channel, and region:

Digestive Health Supplements Product Outlook (Revenue, USD Million, 2014 - 2025)

Prebiotics
Probiotics
Enzymes
Fulvic Acid
Others

Digestive Health Supplements Form Outlook (Revenue, USD Million, 2014 - 2025)

Capsules
Tablets
Powders
Liquids
Others

Digestive Health Supplements Distribution Channel Outlook (Revenue, USD Million, 2014 - 2025)

Supermarkets/ Hypermarkets/Food Stores
Drug Stores & Pharmacies
Convenience Stores
Online
Others

Prescribed

Digestive Health Supplements Regional Outlook (Revenue, USD Million, 2014 - 2025)

North America

U.S.
Canada
Mexico

Europe

Italy
Germany
U.K.
France
Spain
Sweden
Netherlands
Denmark

Asia Pacific

China
India
Japan
Hong Kong
Singapore
Australia & New Zealand

Central & South America

Brazil

Middle East & Africa

South Africa
UAE

Find more research reports on Nutraceuticals & Functional Foods Industry, by Grand View Research:

Egg Protein Market – Growing awareness among consumers towards nutritional food is expected to play a major role in driving egg protein market growth in the near future.
Chocolate Market – Global chocolate market witnessed substantial growth over the past decade and is expected to follow similar a growth trend over the forecast period owing to changing taste preferences and improving lifestyle of consumers especially in the Asia Pacific region.
Insoluble Dietary Fiber Market – Global insoluble dietary fiber market is expected to witness growth over the forecast period owing to increasing functional foods demand coupled with growing health & nutrition consciousness amongst the consumers.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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