PUBLISHER: Polaris Market Research | PRODUCT CODE: 1449484
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1449484
The global Digestive Health Products market size is expected to reach USD 107.68 billion by 2032, according to a new study by Polaris Market Research. The report "Digestive Health Products Market Share, Size, Trends, Industry Analysis Report, By Ingredient (Food Enzymes, Probiotics, Prebiotics, Others); By Product; By Distribution Channel; By Region; Segment Forecast, 2024- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The digestive health products market is thriving due to growing consumer interest in functional foods. As awareness regarding overall well-being expands, individuals are actively seeking food products that provide both nutrition and specific health benefits. This increased demand for digestive health products, including those infused with probiotics, prebiotics, and fiber, reflects a proactive approach to maintaining digestive well-being. Functional foods like yogurt, kombucha, and fortified cereals are gaining popularity for their potential to support digestive health. Manufacturers are introducing diverse functional food options tailored to specific dietary needs, catering to health-conscious consumers.
The digestive health products market is thriving due to a rising consumer interest in functional foods. A growing focus on health and wellness has led individuals to seek out products that offer not only nutritional value but also specific benefits for digestive health. Functional foods, enriched with probiotics, prebiotics, fibers, and bioactive compounds, are gaining popularity as consumers recognize the connection between gut health and overall well-being. Yogurt with live cultures, kombucha, and dietary supplements designed for gut support are witnessing increased demand.
Significant investments in research and development (R&D) are driving the digestive health products market. R&D efforts focus on creating solutions not only for digestive issues but also for immune system support and overall health enhancement. This commitment to innovation allows companies to stay competitive by continually improving their offerings and incorporating cutting-edge technologies like personalized nutrition and microbiome analysis. Prioritizing R&D positions companies to meet the rising demand for functional and scientifically validated digestive health products, ensuring a promising future for the industry through continuous innovation.
E-commerce and online retailing is further driving the digestive health products market by providing convenient global access to a diverse range of solutions. The ease of digital platforms empowers consumers to explore and purchase digestive health products, from probiotics to supplements, fostering informed decision-making through reviews and detailed information. This shift in consumer behavior towards online shopping has revolutionized the market, expanding its reach and meeting the growing demand for digestive wellness solutions.
In 2023, the probiotics segment held significant revenue share owing to its benefits associated with digestive health, immune system, and skin health
In 2023, the dairy products segment held significant revenue share owing to greater popularity of yogurt, kefir, buttermilk, and probiotic milk among other dairy products.
The e-commerce segment is expected to experience significant growth during the forecast period owing to convenience, diverse range of digestive health products, and ease of online transactions.
In 2023, North America region dominated the global market due to surge in consumer awareness, greater demand for functional foods, and rising aging population.
The market is highly competitive owing to the existence of market players with a global presence, including Abbott Nutrition, Bayer AG, Cargill, Danone, DuPont Nutrition & Biosciences, Johnson & Johnson, Kerry Group, Nestle Health Science, and Yakult Honsha Co., Ltd. among others.
Polaris Market Research has segmented the Digestive Health Products market report based on ingredient, product, distribution channel, and region: