PUBLISHER: Market Research Future | PRODUCT CODE: 1624243
PUBLISHER: Market Research Future | PRODUCT CODE: 1624243
Europe Gut and Digestive Health Ingredients Market Research Report Data by Type (Prebiotics, Probiotics, Digestive Enzymes and Polyphenols), By Application (Dairy & Frozen, Desserts, Functional Foods, Functional Beverages, Dietary Supplements and Pharmaceuticals & Nutraceuticals), By End User (Commercial and Residential), By Distribution Channel (Direct and Indirect), and By Country (Germany, France, UK, Italy, Spain and Rest of Europe) Forecast Till 2032
In 2023, the European market for gut and digestive health ingredients was estimated to be worth USD 15,597.54 million. It is anticipated that the market for gut and digestive health ingredients will expand at a compound annual growth rate (CAGR) of 9.48% from 2024 to 2032, reaching USD 35,243.59 million. The market for gut and digestive health ingredients in Europe will expand because to the growing incidence of digestive illnesses.
Consumers of all ages in Europe, including Millennials, Generation Z, Baby Boomers, and Generation X, are looking for ways to learn more about probiotics and prebiotics. Across all age categories, 72% of consumers who understand the distinction between probiotics and prebiotics on average select products that combine the two. Customers place a high priority on immunological health because they understand how closely this aspect of health is related to mental and digestive health.
Perspectives on Market Segments
Based on their kind, the European market for gut and digestive health ingredients has been divided into four segments: polyphenols, digestive enzymes, probiotics, and prebiotics.
The European market for gut and digestive health ingredients has been divided into several segments based on their respective applications. These include dairy and frozen products, sweets, functional foods, functional beverages, dietary supplements, and pharmaceuticals and nutraceuticals.
The market segmentation for gut and digestive health ingredients in Europe The gut and digestive health ingredients market in Europe has been divided into two segments based on the end user: commercial and residential.
Direct and indirect distribution channels are included in the market segmentation for gut and digestive health ingredients in Europe.
National Perspectives
Germany, France, the United Kingdom, Italy, Spain, and the rest of Europe are the countries into which the study divides the market. Germany The market for gut and digestive health ingredients holds the biggest share (22.59%) in 2023 and is anticipated to increase at a compound annual growth rate (CAGR) of 8.74% as a result of Germany's expanding working population. Europe has the second-largest market share for gut and digestive health ingredients due to consumers' growing acceptance of healthy diets and lifestyles, which include the intake of probiotics, prebiotics, and other gut-friendly components. Furthermore, due to digestive health difficulties, the demand for these substances is being driven by the aging population of the European Union. Additionally, the UK had the fastest-growing market in Europe, while Germany held the greatest market share in the gut and digestive health ingredients industry. Additionally, businesses are concentrating on strategic alliances and mergers and acquisitions to increase their market position and geographic reach throughout Europe. To introduce probiotic concepts in 14 European countries, for instance, Probi and Perrigo formed a comprehensive pan-European cooperation in 2021.
In the market for gut and digestive health ingredients, ADM, Ingredion, Friesland Campina, Hansen Holding A/S, BioCare Copenhagen (DSM), and Tate & Lyle are important players.