The global digestive health products market size is projected to reach USD 57.54 billion by 2025 registering a CAGR of 7.3%, according to a new report by Grand View Research, Inc. Increasing demand for nutritional and fortifying food additives is one of the key factors driving market growth. Rising inclination of consumers toward digestive food products due to their health benefits is also expected to boost the market growth over the forecast period. Furthermore, growing geriatric population, increasing healthcare costs, changing lifestyles, and innovation in food formulations have aided the overall market development. Digestive ingredients, such as probiotics, are widely used in food products to reduce the risk of Cardiovascular Diseases (CVDs) and improve the quality of intestinal microflora.
This trend is expected to fuel the demand for digestive health products over the next few years. These products help improve the overall health by strengthening immune system and by improving the condition of the gut, digestive system, and nutritional value. Rising awareness regarding these health benefits will propel the overall market. North America 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 and capture the emerging opportunities in the market.
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Further key findings from the study suggest:
In terms of revenue, the food enzymes ingredient type anticipated to reach USD 3.08 billion by 2025 at a CAGR of 8.4% from 2018 to 2025
In terms of revenue, the dairy products segment is expected to witness a steady growth over the forecast period due to rising awareness regarding healthy food and importance of regular consumption of digestive foods
The supplements segment is anticipated to reach at USD 7.08 billion by 2025, owing to increasing demand for food and nutritional supplements in developing countries
Key companies in the digestive health products market are Chr. Hansen Holding A/S; Cargill, Inc.; Nestle S.A.; Danone A.S.; Arla Foods, Inc.; Yakult Honsha Co.; Mondelēz International, Inc.; PepsiCo, Inc.; General Mills; Deerland Enzymes, Inc; AST Enzymes
Grand View Research has segmented the global digestive health products market on the basis of ingredient, product, and region:
Digestive Health Products Ingredient Outlook (Revenue, USD Million, 2014 - 2025)
Digestive Health Product Outlook (Revenue, USD Million, 2014 - 2025)
Bakery & Cereals
Digestive Health Products Regional Outlook (Revenue, USD Million, 2014 - 2025)
Central & South America
Middle East & Africa
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