The Digestive Health Products market comprises dietary supplements, prebiotics and probiotics, foods and beverages aiming to improve gastrointestinal health. Dietary supplements include vitamins, minerals, fibers and herbal extracts that support digestion. Prebiotics and probiotics such as Lactobacillus and Bifidobacterium help maintain a healthy gut microbiome. Foods and beverages containing prebiotic fibers like FOS and GOS promote the growth of beneficial bacteria. The Global Digestive Health Products Market is estimated to be valued at US$ 47.02 Bn in 2024 and is expected to exhibit a CAGR of 7.2% over the forecast period 2023 to 2030.
Key Takeaways
Key players operating in the Digestive Health Products are Danone S.A., Arla Foods amba, Nestlé, Chr. Hansen Holding A/S, Yakult Honsha Co., Ltd., General Mills Inc., Meiji Holdings Co., Ltd, MondelĒ“z International, PepsiCo, Inc., and Kellogg NA Co. The rising prevalence of digestive issues like irritable bowel syndrome, constipation and acid reflux is driving the demand for products offering gut support. Technological advancements have allowed manufacturers to develop precision probiotics targeting specific health conditions.
Market Trends
The digestive health products market is witnessing increased demand for probiotic drinks and snacks containing live cultures. Manufacturers are focusing on natural prebiotics from sources like chicory root fiber, garlic and onions to appeal health-conscious consumers. Plant-based and gluten-free options are gaining traction to cater to a wider customer base.
Market Opportunities
The expanding elderly population vulnerable to gastrointestinal disorders creates lucrative opportunities. Online retail channels provide a platform to reach more customers. Manufacturers can invest in R&D to develop personalized prebiotic-probiotic combinations tailored as per individual needs. Launch of digestive health products with immunity-boosting ingredients will strengthen market position.
Impact of COVID-19 on Digestive Health Products Market
The COVID-19 pandemic significantly impacted the digestive health products market globally. During the initial lockdown phases, supply chain disruptions hampered product manufacturing and distribution channels. However, heightened health awareness led to increased demand for probiotic and prebiotic supplements to boost immunity against the virus. Research indicates that gut and digestive health play a key role in strengthening an individual's overall health resilience. As fears of contracting the infection continued, more people turned to digestive supplements to derive holistic health benefits. The industry adapted to these changing dynamics by accelerating online sales and launching affordable immunity-boosting product ranges. While production and sales declined during peak lockdown periods, the post-lockdown recovery saw robust growth surpassing pre-pandemic volumes. Producers focused on expanding e-commerce platforms to cater to sustained demand from consumers practicing social distancing. The long term trend indicates that preventive healthcare and digestive wellness will receive increased investment as immunity and resilience become priority health goals.
Europe accounts for the largest share by value in the digestive health products market. This is attributed to rising health consciousness of European consumers and increasing prevalence of lifestyle diseases like obesity, diabetes, and cardiovascular illnesses prompting preventive care. Per capita spending on digestive care supplements continues to be highest across key Western European countries. Asia Pacific has been the fastest growing region driven by population growth, changing diets, economic development and shifting attitudes towards preventive healthcare in emerging countries like China, India and Southeast Asia. While North America remains another major revenue generator, developing markets across Asia, South America, Middle East and Africa offer expanded opportunities for industry players in the coming years.
The digestive health products market experienced both opportunities and challenges due to COVID-19. While early lockdowns disrupted distribution, heightened immunity concerns boosted demand in the long run. Industry players need strategies to sustain the accelerated online sales, focus on preventive care offerings and tap developing markets through innovative affordable product ranges and multiple sales channels.
