Digestive Health Products Market Growth & Trends
The global digestive health products market size is expected to reach USD 89.9 billion by 2030, according to a new report by Grand View Research, Inc. expanding at a CAGR of 8.2% from 2022 to 2030. Rising geriatric population, increasing healthcare costs, changing lifestyle, and innovation in formulations of digestive health products are primary factors that have contributed towards market growth.
The rising awareness among consumers regarding diet and health is expected to trigger the overall demand. The growing awareness about the beneficial properties of probiotics globally is expected to drive their demand for digestive health products. High awareness, strong presence of manufacturers, and inclination toward digestive food are expected to boost the demand in near future.
The ability of digestive health products to improve the health of consumers by strengthening their immune system, condition of the gut, digestive system, along with offering additional nutritional value contributes towards its significant market growth. Additionally, increasing demand for natural and safe products is further expected to bolster the demand for digestive health products.
In North America, the market is characterized by the presence of major industry participants who majorly focus on R&D activities. In addition, companies are setting up manufacturing facilities in regions such as Asia Pacific to increase their regional footprint to capture the emerging opportunities in the market.
Digestive Health Products Market Report Highlights
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook