Digestive Health Market |2021 Analysis, Key Opportunities Major Players, Impact of COVID-19 and Size, Growth, Share, Regional Analysis With Global Industry Forecast To 2027, The global “digestive health market” size is expected to reach USD 71.95 billion by 2027, exhibiting a CAGR of 7.9% during the forecast period. The growing awareness regarding the prominence of dietary supplements, probiotics, and functional will have a tremendous impact on the the market, states Fortune Business Insights, in a report, titled “Digestive Health Market Size, Share & COVID-19 Impact Analysis, By Ingredient Type (Probiotics, Prebiotics, Digestive Enzymes/Food Enzymes, and Others), By Product Type (Functional Foods & Beverages, Vitamins & Dietary Supplements, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Hospital Pharmacies, Online Pharmacies, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 37.93 billion in 2019.
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The report on themarket incorporates:
- Wide-ranging inspection of the industry
- Significant information about segments
- Leading regions in the market
- Competitive landscape
- Recent developments and drivers
- COVID-19 impact
Digestive Health Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market
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Heavy R&D Investments by Industry Players to Incite Development
The growing concerns regarding gut health among consumers have impelled manufacturers to invest heavily in research and development of digestive health products. According to a large-scale multinational research study conducted in 2020, more than 40% of the people worldwide have functional gastrointestinal disorders, affecting the quality of life and healthcare use. Thus, the surging demand for natural and safe products will create opportunities for the digestive health industry. Furthermore, the development of innovative products by key players can have an exceptional effect on the market. For instance, in November 2020, Beroni Group, an Australia-based diversified biopharmaceutical enterprise, announced a new product Beilemei in China. It is a probiotic health product aimed at modulating the balance of human intestinal flora.
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Surging Demand for Health Productsto Boost Business Amid COVID-19
The market has faced limitations due to the disruption caused by COVID-19 in the logistics and supply chain. However, the demand for functional products has remained steady throughout the epidemic. The prominent companies operating in the market focus on their distribution network and production lines to cater to consumers’ demands. According to Yakult U.S.A. Inc.’s annual report, in their overseas food and beverage business, average daily sales rose by 1.6% from the prior year to 31,624 bottles in 2020. Moreover, the growing cognizance about dietary supplements and healthy products will subsequently uplift the digestive health market growth during the coronavirus pandemic. According to the Food & Beverage and Supplements Report 2020, almost one-third of consumers consume more supplements (31%), functional foods, or beverages (29%).
Adoption of Organic Products to Propel Market in Europe
The market in Asia Pacific is expected to hold the largest share in the global digestive health market. The rising prevalence of digestive disorders is the factor contributing to the growth of this market. The demand for digestive health products is burgeoning, especially in countries such as Japan, India, and China. This has further given tailwinds to the market in this region. Followed by this, the market in North America is anticipated to hold the second-largest share in the global market. The growth is attributed to the rising geriatric population in the US and Canada. The surging number of gastrointestinal issues coupled with the presence of a large number of manufacturers in the region. Europe is expected to expand exponentially due to the rising adoption of natural and safe digestive health products. The Middle East & Africa is expected to proliferate owing to the increasing consumer spending.
Key Development:
April 2018: Sundyota Numandis, a major leader in clinically proven and safe healthcare solutions, announced its partnership with an Italian firm to launch the world’s most researched probiotic product, Lactobacillus rhamnosus GG, in the Indian market.
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The Report Lists the Key Players in the Market:
- Yakult Honsha Co., Ltd. (Tokyo, Japan)
- Cie Gervais Danone (Paris, France)
- Sanofi (Paris, France)
- BASF SE (Ludwigshafen, Germany)
- Bayer AG (Leverkusen, Germany)
- Hansen Holding A/S (Hørsholm, Denmark)
- Nestle S.A. (Vevey, Switzerland)
- Deerland Probiotics & Enzymes, Inc (United States)
- DuPont (Delaware, United States)
- Other Prominent Players
Table of Content:
1 Digestive Health Market Overview
1.1 Digestive Health Product Overview
1.2 Digestive Health Market Segment by Type
1.3 Global Digestive Health Market Size by Type (2015-2027)
1.3.1 Global Digestive Health Market Size Overview by Type (2015-2027)
1.3.2 Global Digestive Health Historic Market Size Review by Type (2015-2021)
1.3.2.1 Global Digestive Health Sales Market Share Breakdown by Type (2015-2027)
1.3.2.2 Global Digestive Health Market Share Breakdown by Type (2015-2027)
1.3.2.3 Global Digestive Health Average Selling Price (ASP) by Type (2015-2027)
1.3.3 Global Digestive Health Market Size Forecast by Type (2021-2027)
1.3.3.1 Global Digestive Health Sales Market Share Breakdown by Application (2021-2027)
1.3.3.2 Global Digestive Health Revenue Market Share Breakdown by Application (2021-2027)
1.3.3.3 Global Digestive Health Average Selling Price (ASP) by Application (2021-2027)
1.4 Key Regions Market Size Segment by Type (2015-2021)
1.4.1 North America Digestive Health Sales Breakdown by Type (2015-2027)
1.4.2 Europe Digestive Health Sales Breakdown by Type (2015-2027)
1.4.3 Asia-Pacific Digestive Health Sales Breakdown by Type (2015-2027)
1.4.4 Latin America Digestive Health Sales Breakdown by Type (2015-2027)
1.4.5 Middle East and Africa Digestive Health Sales Breakdown by Type (2015-2027)
2 Global Digestive Health Market Competition by Company
2.1 Global Top Players by Digestive Health Sales (2015-2021)
2.2 Global Top Players by Digestive Health Revenue (2015-2021)
2.3 Global Top Players Digestive Health Average Selling Price (ASP) (2015-2021)
2.4 Global Top Company Digestive Health Manufacturing Base Distribution, Sales Area, Product Type
2.5 Digestive Health Market Competitive Situation and Trends
2.5.1 Digestive Health Market Growth Rate (2015-2021)
2.5.2 Global 5 and 10 Largest Company by Digestive Health Sales and Revenue in 2019
2.6 Global Top Company by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Digestive Health as of 2019)
2.7 Date of Key Company Enter into Digestive Health Market
2.8 Key Company Digestive Health Product Offered
2.9 Mergers and Acquisitions, Expansion
3 Global Digestive Health Status and Outlook by Region (2015-2027)
3.1 Global Digestive Health Market Size and CAGR by Region: 2015 VS 2021 VS 2027
3.2 Global Digestive Health Market Size Market Share by Region (2015-2021)
3.2.1 Global Digestive Health Sales Market Share by Region (2015-2021)
3.2.2 Global Digestive Health Revenue Market Share by Region (2015-2021)
3.2.3 Global Digestive Health Sales, Revenue, Price and Gross Margin (2015-2021)
3.3 Global Digestive Health Market Size Market Share by Region (2021-2027)
3.3.1 Global Digestive Health Sales Market Share by Region (2021-2027)
3.3.2 Global Digestive Health Revenue Market Share by Region (2021-2027)
3.3.3 Global Digestive Health Sales, Revenue, Price and Gross Margin (2021-2027)
3.4 North America Digestive Health Market Size By Growth (2015-2027)
3.4.1 North America Digestive Health Revenue By Growth (2015-2027)
3.4.2 North America Digestive Health Sales By Growth (2015-2027)
3.5 Asia-Pacific Digestive Health Market Size By Growth (2015-2027)
3.5.1 Asia-Pacific Digestive Health Revenue By Growth (2015-2027)
3.5.2 Asia-Pacific Digestive Health Sales By Growth (2015-2027)
3.6 Europe Digestive Health Market Size By Growth (2015-2027)
3.6.1 Europe Digestive Health Revenue By Growth (2015-2027)
3.6.2 Europe Digestive Health Sales By Growth (2015-2027)
3.7 Latin America Digestive Health Market Size By Growth (2015-2027)
3.7.1 Latin America Digestive Health Revenue By Growth (2015-2027)
3.7.2 Latin America Digestive Health Sales By Growth (2015-2027)
3.8 Middle East and Africa Digestive Health Market Size By Growth (2015-2027)
3.8.1 Middle East and Africa Digestive Health Revenue By Growth (2015-2027)
3.8.2 Middle East and Africa Digestive Health Sales By Growth (2015-2027)
4 Global Digestive Health by Application
4.1 Digestive Health Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.2 Global Digestive Health Sales by Application: 2015 VS 2021 VS 2027
4.3 Global Digestive Health Historic Sales by Application (2015-2021)
4.4 Global Digestive Health Forecasted Sales by Application (2021-2027)
4.5 Key Regions Digestive Health Market Size by Application
4.5.1 North America Digestive Health by Application
4.5.2 Europe Digestive Health by Application
4.5.3 Asia-Pacific Digestive Health by Application
4.5.4 Latin America Digestive Health by Application
4.5.5 Middle East and Africa Digestive Health by Application
5 North America Digestive Health Market Size by Country (2015-2027)
5.1 North America Market Size Market Share by Country (2015-2021)
5.1.1 North America Digestive Health Sales Market Share by Country (2015-2021)
5.1.2 North America Digestive Health Revenue Market Share by Country (2015-2021)
5.2 North America Market Size Market Share by Country (2021-2027)
5.2.1 North America Digestive Health Sales Market Share by Country (2021-2027)
5.2.2 North America Digestive Health Revenue Market Share by Country (2021-2027)
5.3 North America Market Size By Growth by Country
5.3.1 U.S. Digestive Health Market Size By Growth (2015-2027)
5.3.2 Canada Digestive Health Market Size By Growth (2015-2027)
6 Europe Digestive Health Market Size by Country (2015-2027)
6.1 Europe Market Size Market Share by Country (2015-2021)
6.1.1 Europe Digestive Health Sales Market Share by Country (2015-2021)
6.1.2 Europe Digestive Health Revenue Market Share by Country (2015-2021)
6.2 Europe Market Size Market Share by Country (2021-2027)
6.2.1 Europe Digestive Health Sales Market Share by Country (2021-2027)
6.2.2 Europe Digestive Health Revenue Market Share by Country (2021-2027)
6.3 Europe Market Size By Growth by Country
6.3.1 Germany Digestive Health Market Size By Growth (2015-2027)
6.3.2 France Digestive Health Market Size By Growth (2015-2027)
6.3.3 U.K. Digestive Health Market Size By Growth (2015-2027)
6.3.4 Italy Digestive Health Market Size By Growth (2015-2027)
6.3.5 Russia Digestive Health Market Size By Growth (2015-2027)
7 Asia-Pacific Digestive Health Market Size by Country (2015-2027)
7.1 Asia-Pacific Market Size Market Share by Country (2015-2021)
7.1.1 Asia-Pacific Digestive Health Sales Market Share by Country (2015-2021)
7.1.2 Asia-Pacific Digestive Health Revenue Market Share by Country (2015-2021)
7.2 Asia-Pacific Market Size Market Share by Country (2021-2027)
7.2.1 Asia-Pacific Digestive Health Sales Market Share by Country (2021-2027)
7.2.2 Asia-Pacific Digestive Health Revenue Market Share by Country (2021-2027)
7.3 Asia-Pacific Market Size By Growth by Country
7.3.1 China Digestive Health Market Size By Growth (2015-2027)
7.3.2 Japan Digestive Health Market Size By Growth (2015-2027)
7.3.3 South Korea Digestive Health Market Size By Growth (2015-2027)
7.3.4 India Digestive Health Market Size By Growth (2015-2027)
7.3.5 Australia Digestive Health Market Size By Growth (2015-2027)
7.3.6 Taiwan Digestive Health Market Size By Growth (2015-2027)
7.3.7 Indonesia Digestive Health Market Size By Growth (2015-2027)
7.3.8 Thailand Digestive Health Market Size By Growth (2015-2027)
7.3.9 Malaysia Digestive Health Market Size By Growth (2015-2027)
7.3.10 Philippines Digestive Health Market Size By Growth (2015-2027)
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SECONDARY RESEARCH IS CONDUCTED TO DERIVE THE FOLLOWING INFORMATION:
- Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies
- Details in relation to prevalence, incidence, patient numbers, distribution of patients, average price of treatment, etc.
- Number of end user facilities by region/country and average annual spending or procurement of devices by type of end user facility
- Number of procedures and average price of procedures
- Replacement rate and pricing of capital equipment
- Market dynamics in relation to the market under focus – Drivers, restraints, trends, and opportunities
- Market & technological trends, new product developments, product pipeline.
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