Rise in health awareness among consumers boosts Global Digestive Health Products
Posted by shanigaramkarthik on March 16th, 2020
The global digestive health products market is foreseen to grow from US$ 31.2 billion in 2020 to US$ 59.3 billion in 2025, with an annual growth rate of 8.4% during the 2020-2025 forecast period.
Digestive health products are a variety of commodities intended to promote the work of the human digestive system. The various elements of the gastrointestinal tract require vital maintenance by maintaining their health due to their soft properties and the use of digestive health products. It has become an essential health trend in many parts of the world. Digestive health products are basically designed to recharge healthy intestinal bacteria that maintain healthy acids in the stomach and play an important role in the absorption and digestion of all nutrients present in food.
In February 2017, Kellogg's Special K launched Special digestive health products.
Market Drivers and Restraints:
One of the main contributors to the growth of the global digestive health products market is the increasing awareness of the world's population about the importance of digestive health. As the population of urban consumers increases, the introduction of modern diets is expected to maintain significant support for the global digestive health products market. In addition, greater access to medical data on the Internet and the growing importance of medical institutions so that social assistance programs increase the therapeutic response to the public have benefited the market for digestive health products. The government's continued support for new inventions in the pharmaceutical and healthcare industries, together with the development of the nutraceutical sector that represents new revenue generation channels, will be an essential driver of the global digestive health products market in the near future.
On the other hand, low awareness of the importance of a healthy digestive tract and strict regulations on the labeling of probiotics and prebiotics can act as a significant obstacle to market growth.
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Report Segmented as:
The global digestive health products market may be branched by sales channel, product type, ingredient and region. Sales channels in the digestive health products market can be classified into modern commerce, online retailers and convenience stores. The product type segment of the market can be divided into bakery products and grains, dairy products and non-alcoholic beverages. The ingredient segment of the digestive health products market can be classified into prebiotics, food enzymes and probiotics.
By regions, the global digestive health products market can be divided into Latin America, North America, Asia Pacific, Europe and the Middle East and Africa. North America is expected to dominate the global digestive health products market. In the future, even the Asia-Pacific region is predicted to grow in the worldwide market. Growth in this region may be due to increased population awareness, higher disposable income and a more significant population of the elderly.
Key market players:
The main players in the global digestive health market include Nestle SA, Cargill Inc. and Chr. Hansen Holding, Mondelez International Inc., General Mills, Yakult Honsha Co. Ltd., EI DuPont Nemours and Company, PepsiCo Inc, Arla Foods Inc And Danone SA.
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The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
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