As indicated by Acumen Research and Consulting, the global digestive health products market size is evaluated to grow at CAGR around 7% over the estimate time frame. Escalating demand for healthy and nutritional food additives, increasing preferences toward digestive food products, growing awareness regarding various health benefits, increasing geriatric population, ever-increasing healthcare costs, changing lifestyle patterns and ease of availability of various digestive health products are some of the key factors that are fueling the digestive health products market growth across the globe. Digestive health products are playing major role in the growth of the healthcare industry due to the growing consciousness towards the importance of digestive healthcare as these products provide various health benefits. The North America market is likely to grow at remarkable CAGR due to the growing awareness towards the availability of digestive health products, improved consciousness about health benefits and technological advancements. Continuously changing lifestyle is playing the major role in the growth of regional digestive health products market.
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Dairy Products Segment is Also Anticipated to Witness a High Demand over the Forecast Period
On the basis of product, the digestive health products market is segmented into non-alcoholic beverages, bakery and cereals, dairy. Dairy products segment is anticipated to dominate the global digestive health products market over the forecast period owing to the rising demand for these foods. Furthermore, unhealthy food habits, inactive lifestyle, and rising consumer consciousness about the advantages offered by various nutritional dairy products are some of the key factors boosting the demand for digestive health dairy product, thereby increasing the growth of the segment. Escalating demand for healthy and nutritional food preservatives is one of the main factors influencing the growth of the global market. Growing awareness towards the favourable properties of probiotics is also anticipated to spur the demand for dairy products, thereby supplementing the overall digestive health products market. Various probiotics such as Yogurt and other are used to control intestinal flora. Fatty acids and various Products rich in Omega-3 are also used to treat the cardiovascular diseases. Positive attitude towards the health and nutrition due to the growing importance of active lifestyle is also helping the growth of the segment.
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Asia Pacific to Continue to Grow at Maximum Growth Rate during the Forecast Period
Geographically, the global digestive health products market has been divided into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Asia Pacific is expected to accumulate highest market share in the global digestive health products market. Asia Pacific is expected to grow at ample growth rate over the forecast period owing to the growing awareness towards the availability of digestive health products, improved consciousness about health benefits and technological advancements. Continuously changing lifestyle is playing the major role in the growth of regional digestive health products market. Growth in the adoption of digestive health products and ongoing technological advancements in the region are also helping the growth of the regional market. Growth in the aged population and inclination towards more healthy digestive health products are supplementing the regional market growth. Digestive health products providers from the region are also focusing on the offering various advanced products to customers. Government support for new product developments, real time delivery of products, and plenty of specialty health products are some of the fundamental factors driving the regional market growth. Asia Pacific is also anticipated to growth at considerable pace during the forecast period owing to the increasing product demand, increased awareness towards health issues and huge population. Increasing focus of healthcare organizations on outdoor programs in order to promote health care awareness is also further propelling the growth of the regional market.
Arla Foods Inc., Nestle SA and Yakult Honsha Co. Ltd. Company are Likely to Continue to Lead the Global Digestive health products Market
The digestive health products market is consolidated with limited number of manufacturers. The company profiling of key players in the market includes company overview, major business strategies and revenues. The key players of the market are Arla Foods Inc., Nestle SA, Chr. E. I. DuPont Nemours and Company, Danone SA, Yakult Honsha Co. Ltd., Hansen Holding, Cargill Inc., Mondelez International Inc., PepsiCo Inc. and General Mills.
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