- Consumption of digestive health products is anticipated to increase at a steady CAGR of 7% during 2016-2022.
- The North American region has the major market share followed by Europe.
- Increasing health concerns regarding digestive disorders have raised consumption of digestive supplements, fibers and live gut-friendly microorganisms.
The consumption of Digestive Health Products is anticipated to experience a surge based on increasing cases of mal-digestion in the present population. The food and beverage application of digestive health nutrition is expected to grow at a higher growth rate based on the convenience usage and ready-to-eat (ready-to-drink) properties.
Based on the significant health benefits of the product including proper gut functioning and weight loss, the consumption of digestive health products is anticipated to increase at a steady CAGR of 7% during 2016-2022.
The increasing sale of digestive health products is driven by the increasing health concerns regarding digestive disorders which in turn have raised consumption of digestive supplements, fibers and live gut-friendly microorganisms. Changing consumers’ preferences and healthy consumption trends are supporting product sales. Consumption of digestive health products is increasing among various regions of North America, which is having a positive influence on the market share of Digestive health products. U.S.A. is one of the major markets for digestive health products.
The key players profiled in the Digestive Health Products market are Danisco A/S (Denmark), Danone S.A. (France), Nestle S.A. (Switzerland), Yakult Honsha Co. Ltd. (Japan), Arla Foods Inc. (Denmark), BioGaia AB (Sweden), Lallemand (Canada), Chr. Hansen holding (Denmark), Cargill Incorporated (U.S.), and Abbott Laboratories (U.S.).
Consumption of probiotics is growing at a higher rate. The top five exporters of Digestive Health Products include U.S., Mexico, Italy, China and France.
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The Digestive Health Product Market has been segmented based on product-type, which comprises probiotics, prebiotics, multi-vitamins, lactase nutritional supplements, digestive nutritional supplements and others.
The Digestive Health Product Market has been segmented based on delivery format, which comprises capsules, tablets, chewable, drops, caplets, sticks, liquids, soft gels, suppositories, gels and others.
Digestive Health Products have been segmented based on type of specialty diet which comprises natural, vegetarian, gluten-free, dairy-free, high-fibre and others.
The Digestive Health Product Market has been segmented based on application which comprises functional foods, functional beverages, breakfast cereals, supplements, pharmaceuticals and others.
The Global digestive health products Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, the North American region has the major market share followed by Europe. U.S. is among the major producers of Digestive Health Products. Changing food preferences is supporting market growth in developed countries of North America and the European region. Canada, China, U.S. and U.K. and Japan are the major importers of Digestive Health Products.