Global Digestive Health Food and Drinks Market Growth 2024-2030

Global Digestive Health Food and Drinks Market Growth 2024-2030

Digestive health food and drinks are products designed to ease the symptoms or discomfort associated with an overburdened digestive tract. These products improve the health of the digestive tract and help prevent many digestive health disorders such as gastroesophageal reflux disease, peptic ulcer disease, irritable bowel disease, ulcerative colitis, and Crohn's disease.

The global Digestive Health Food and Drinks market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Digestive Health Food and Drinks Industry Forecast” looks at past sales and reviews total world Digestive Health Food and Drinks sales in 2023, providing a comprehensive analysis by region and market sector of projected Digestive Health Food and Drinks sales for 2024 through 2030. With Digestive Health Food and Drinks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digestive Health Food and Drinks industry.

This Insight Report provides a comprehensive analysis of the global Digestive Health Food and Drinks landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Digestive Health Food and Drinks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Digestive Health Food and Drinks market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digestive Health Food and Drinks and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digestive Health Food and Drinks.

According to the Global Use of Medicines 2023 released by IQVIA Institute, the global drug expenditure in 2022 was about US$1.48 trillion (excluding COVID vaccine and treatment-related expenses), and it is predicted to grow at a rate of 3%-6% in the next few years. In terms of drug expenditure, this number in China was about 166 billion dollars in 2022. It is expected that the expenditure on medicines will increase in the next few years. From the perspective of demand, the trend of population aging, the increase of residents’ wealth and the improvement of health awareness will drive the demand for medicines.

Global Use of Medicines 2023 shows that the U.S. market spent about US$ 62.9 billion on medicines in 2022 on a net ex-factory basis. Overall growth slows as the Inflation Reduction Act (IRA) spends US$64 billion to reduce prescription drug prices, and the adoption of new treatments is expected to increase over the next few years. Besides, ex-factory discounts and rebates in drug distribution, the impact of patent expiration, and generic or biosimilar competition will also affect the U.S. pharmaceutical market.

This report presents a comprehensive overview, market shares, and growth opportunities of Digestive Health Food and Drinks market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Probiotics
Prebiotics
Food Enzymes
Others

Segmentation by application
Online Sales
Offline Sales

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Danisco
Danone
General Mills
Nestle
Yakult Honsha
Attune Foods
Arla Foods
Beneo
TATE & LYLE
FrieslandCampina
Meiji
Bailong Chuangyuan
Baolingbao Biologg
Chr. Hansen
Lallemand
Clover Industries
China-Biotics
BioGaia AB
BioGaia AB
Glory Biotech
Ganeden

Key Questions Addressed in this Report

What is the 10-year outlook for the global Digestive Health Food and Drinks market?

What factors are driving Digestive Health Food and Drinks market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Digestive Health Food and Drinks market opportunities vary by end market size?

How does Digestive Health Food and Drinks break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.