Digestive Health Products Market to Grow Nearly 8.5% through 2030: Precedence Research

The digestive health products market was exceeded US$ 37.7 billion in 2020 and is projected to reach US$ 72.5 billion by 2030, expanding at an annual CAGR of 8.5 percent, according to a 2021 study by Precedence Research, the Canada-based market Insight Company. The report contains 150+ pages with detailed analysis.

The base year for the study has been considered 2021, the historic year 2019 and 2020, the forecast period considered is from 2021 to 2030. The dairy products market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).

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Market Report Scope

Competition Landscape

In the final section of the research report, Precedence Research provided the global digestive health products market structure and a detailed competition landscape to provide a dashboard view of key players operating in the digestive health products market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.

Some of the major players in the digestive health products market include:

• Cargill, Inc.
• Arla Foods, Inc.
• Danone A.S.
• PepsiCo, Inc.
• Yakult Honsha Co.
• Nestle SA
• AST Enzymes
• Beroni Group
• Danisco AS
• Chr. Hansen Holding

Crucial factors accountable for market growth are:

• Growing incidence of gastrointestinal diseases
• Growing geriatric population
• Unhealthy food habits
• Busy and hectic lifestyle of the consumers
• Growing popularity of e-commerce
• Growing consumer expenditure of healthcare products and supplements
• Frequent product launches by the market players
• Rising consumer awareness regarding the intestinal diseases

Report Highlights

• Probiotics segment led the global digestive health products market with 75% revenue share in 2020. Rising awareness regarding the health benefits of consuming probiotics among the consumer is augmenting the growth of the segment.
• By Product, in 2020, Dairy Products dominated the market 55% in terms of revenue of the total market. The sedentary lifestyle of the consumers, demand for healthy food habits, and increased consumer awareness regarding the nutritional benefits of dairy products has led the dairy product segment to become the leading segment in the past few years.
• By Delivery Format, in 2020, capsules dominated the market in terms of revenue of the total market. The busy and hectic lifestyle of the consumers is resulting in unhealthy food habits. Hence the consumption of capsules increased due to its easy availability, convenience, and intestinal benefits.
• By Distribution Channel, in 2020, pharmacy stores dominated the 60% revenue share of the total market. This is attributable to the high demand for the capsules and tablets of digestive health products among the population.

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Regional Snapshots

North America dominated the global digestive health products market in 2020 and projected to augment the market in the coming years. The major factors attributed for its growth includes high disposable income, increased consumer awareness regarding the availability of various digestive health products, and higher penetration of internet and e-commerce platforms. The presence of few major manufacturers and their aggressive marketing strategies had augmented the digestive health products market in the region.

Asia Pacific is projected to be the fastest growing market in the forthcoming years. The prime factor attributed to this is proliferating penetration of smart phones, rising number of internet users, growing penetration of e-commerce, along with the developing infrastructure for distribution. Asia Pacific is highly populated, providing a huge number of customers. Furthermore, the food & beverages industry is growing rapidly in the region, which is expected to propel the growth of the digestive health products market during the forecast period.

Market Dynamics

Driver

Rising demand for nutritional supplements is one of the key factors driving the growth of the digestive health products. The rising participation of women in corporate and other work fields is an important factor due to which consumers are unable to maintain healthy diet. Further, the growing penetration of fast food restaurant chains have resulted in growing unhealthy food habits among the consumers. Therefore, to cater the basic nutritional and dietary needs, consumers are opting for dietary supplements. These dietary supplements fulfil the fiber needs of the consumers and help to prevent intestinal disorders.

Restraint

There are certain strict government norms regarding the use of prebiotics and probiotics that the manufacturers have to face. The manufacturing of digestive health products needs to be approved by the regulatory authorities undergoing some trials and approval of the product before reaching to the market. The strict and stringent government norms may restrain the growth of the market. Moreover, the lack of awareness regarding the products in developing markets is another restraining factor.

Opportunities

The probiotics are providing opportunities for growth. Probiotics are linked with the innovation in functional food & beverages and new delivery formats. Probiotics is enabling the consumers to include it in their regular diets at low cost. Probiotics like LactoSpore can remain stable for upto three years thus providing long shelf life to the digestive health products.

Challenges

The lack of awareness regarding the different digestive health products especially in the developing market such as India, China, and Brazil is a major challenge that needs to be tackled by the market players. The marketing and promotional activities may help in tackling this challenge.

Recent Developments

• In April 2018, SundyotaNumandis, a key player in the healthcare solutions industry partnered with an Italian company to launch Lactobacillus rhamnosus in India. Lactobacillus rhamnosus is a probiotic product that led to the growth of the digestive health products market in Asia pacific region.
• In August 2020, OptiBiotix Health renewed its agreement with its partners for promoton and marketing of probiotics supplements.
• In September 2020, GT Living Foods, declared its participation in the functional beverages industry with Aqua Kefir.

Market Segmentation

By Ingredients

• Probiotics
• Prebiotics
• Food Enzymes

By Product

• Dairy Products
• Cereals
• Non-Alcoholic Beverages
• Others

By Delivery Format

• Tablets
• Capsules
• Chewable
• Drops
• Others

By Distribution Channel

• Supermarkets & Hypermarkets
• Pharmacy Stores
• E-commerce
• Others

Regional Segmentation

– North America (U.S. and Canada)

 – Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

 – Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)

 – Latin America (Brazil and Rest of Latin America)

– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us recognize financial information, structure of the market participants and industry competitive landscape.

The secondary research sources referred in the process are as follows:

• Governmental bodies, and organizations creating economic policies
• National and international social welfare institutions
• Company websites, financial reports and SEC filings, broker and investor reports
• Related patent and regulatory databases
• Statistical databases and market reports
• Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to face interviews, online surveys, and telephonic interviews.

• Means of primary research: Email interactions, telephonic discussions and

Questionnaire based research etc.

• In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Most Asked Questions –

What was the market size value of the digestive health products in 2020?

What is the expected market size by 2030?

What is the digestive health products market growth?

What are the key factors that positively influence market growth?

Who are the prominent players in the digestive health products market?

Why should you invest in this report?

If you are aiming to enter the global digestive health products market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for digestive health products are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Digestive Health Products Market, By Product

7.1. Digestive Health Products Market, by Product Type, 2021-2030

7.1.1. Dairy Products

7.1.1.1. Market Revenue and Forecast (2017-2030)

7.1.2. Cereals

7.1.2.1. Market Revenue and Forecast (2017-2030)

7.1.3. Non-Alcoholic Beverages

7.1.3.1. Market Revenue and Forecast (2017-2030)

7.1.4. Others

7.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 8. Global Digestive Health Products Market, By Ingredients

8.1. Digestive Health Products Market, by Ingredients, 2021-2030

8.1.1. Probiotics

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Prebiotics

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Food Enzymes

8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Digestive Health Products Market, By Delivery Format

9.1. Digestive Health Products Market, by Delivery Format Type, 2021-2030

9.1.1. Tablets

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Capsules

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Chewable

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Drops

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Others

9.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Digestive Health Products Market, By Distribution Channel

10.1. Digestive Health Products Market, by Distribution Channel Type, 2021-2030

10.1.1. Supermarkets & Hypermarkets

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Pharmacy Stores

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. E-commerce

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. Others

10.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Digestive Health Products Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Product (2017-2030)

11.1.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.1.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.1.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.1.5. U.S.

11.1.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.1.5.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.1.5.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.1.5.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.1.6. Rest of North America

11.1.6.1. Market Revenue and Forecast, by Product (2017-2030)

11.1.6.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.1.6.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.1.6.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.2.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.2.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.2.5. UK

11.2.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.5.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.2.5.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.2.5.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.2.6. Germany

11.2.6.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.6.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.2.6.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.2.6.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.2.7. France

11.2.7.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.7.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.2.7.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.2.7.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.2.8. Rest of Europe

11.2.8.1. Market Revenue and Forecast, by Product (2017-2030)

11.2.8.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.2.8.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.2.8.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.3.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.3.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.3.5. India

11.3.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.5.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.3.5.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.3.5.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.3.6. China

11.3.6.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.6.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.3.6.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.3.6.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.3.7. Japan

11.3.7.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.7.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.3.7.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.3.7.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.3.8. Rest of APAC

11.3.8.1. Market Revenue and Forecast, by Product (2017-2030)

11.3.8.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.3.8.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.3.8.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.4.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.4.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.4.5. GCC

11.4.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.5.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.4.5.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.4.5.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.4.6. North Africa

11.4.6.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.6.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.4.6.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.4.6.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.4.7. South Africa

11.4.7.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.7.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.4.7.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.4.7.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.4.8. Rest of MEA

11.4.8.1. Market Revenue and Forecast, by Product (2017-2030)

11.4.8.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.4.8.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.4.8.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.5.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.5.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.5.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.5.5. Brazil

11.5.5.1. Market Revenue and Forecast, by Product (2017-2030)

11.5.5.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.5.5.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.5.5.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

11.5.6. Rest of LATAM

11.5.6.1. Market Revenue and Forecast, by Product (2017-2030)

11.5.6.2. Market Revenue and Forecast, by Ingredients (2017-2030)

11.5.6.3. Market Revenue and Forecast, by Delivery Format Type (2017-2030)

11.5.6.4. Market Revenue and Forecast, by Distribution Channel Type (2017-2030)

Chapter 12. Company Profiles

12.1. Cargill, Inc.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Arla Foods, Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Danone A.S.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. PepsiCo, Inc.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Yakult Honsha Co.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Nestle SA

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. AST Enzymes

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Beroni Group

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Danisco AS

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Chr. Hansen Holding

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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