Gut and Digestive Health Ingredients Market Worldwide anticipated to grow at a CAGR of 7.4% by Forecast to 2023 | Assets to MRFR

September 11 22:10 2019
Gut and Digestive Health Ingredients Market Global Information by Type (Prebiotics, Probiotics, Digestive Enzymes, Polyphenols and others), Application (Pharmaceuticals, Supplements, Beverages, Oils and Fats, Bakery and Confectionery, Dairy and Frozen Desserts and others) and Region – Forecast till 2023

Gut and Digestive Health Ingredients are essential for digestion in the stomach.  Supplements prescribed by doctors and clinicians include probiotics, prebiotics, and digestive foods which can aid the gut and boost immunity levels. The global gut and digestive health ingredients market report by Market Research Future (MRFR) contains a list of trends, drivers, and opportunities which can be beneficial to investors interested in the sector.

Market Outlook

The global Gut and Digestive Health Ingredients Market is bound to expand on the back of heavy demand for fortifying and nutritional foods. Inclination towards digestive health supplements by consumers due to their health benefits can spur the market demand till 2023. Rising cases of indigestion in the stomach and gut can also be a vital driver of the market.

Changing consumer lifestyles, technological breakthroughs in supplement formulations, new production techniques, rising healthcare costs, and geriatric population explosion are factors which can spur the market growth. This is exemplified by the prescription of prebiotics-based foods to patients to minimize the risk of cardiovascular diseases (CVDs).

But strict policies for its production and late approvals of products may impede its growth.

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Competitive Outlook

Prominent names include

  • Beneo BV,
  • Novotech Nutraceuticals,
  • UAS Labs, LLC,
  • Archer Daniels Midland Company,
  • Tate & Lyle PLC,
  • Chr. Hansen Holding A/S,
  • DuPont Nutrition & Health

Segmentation

The global gut and digestive health ingredients market is segmented by type and application.

By type, it is segmented into prebiotics, probiotics, polyphenols, dietary enzymes, and others. Among them, the prebiotics segment is likely to maintain its top position till 2023 due to its ability to ferment natural bacteria in the gut. On the other hand, dietary enzymes can enjoy a lucrative growth due to its capacity to break down foods in the gut and aid in digestion. Probiotics segment can generate significant revenue due to being considered as pivotal for female wellness. Physical and emotional changes experience by women which can extend to vaginal, digestive, and immune support can trigger the demand in the gut and digestive health ingredients market.

By application, it is segmented into dairy and frozen desserts, bakery and confectionery, oil & fats, beverages, supplements, pharmaceuticals, and others. The supplements segment is likely to exhibit superlative growth in the market due to its popularity among consumers. Emphasis on health and a new outlook of consumers can drive the sales of supplements. Dairy and frozen desserts are presumed to gain a high share by 2023. This can be attributed to rise in sedentary lifestyles, consumer awareness of these products, and unhealthy food habits.

Regional Analysis

Geographically, the global gut and digestive health ingredients market is segmented into Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW).

Europe is expected to be the dominant region of the market followed by APAC. Inclination towards functional foods, availability of healthy beverages, and rising healthy lifestyle demographic are factors which can drive the market growth in the region.

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The North America region has latent potential due to presence of major pharmaceutical companies and their subsequent investments in research and development. Launch of novel products with immunity boosting content is likely to drive the regional growth till 2023. Demand for bakery and dairy products due to need for flavored and inexpensive foods can drive the regional market growth.

The APAC region can exhibit a stupendous growth rate due to the large consumer demographic with expendable income levels and rapid urbanization. China, India, and Singapore offer high potential for the market due to high awareness of these products. Within RoW, the Middle East holds promise due to demand for such products and the high purchasing power of its citizens.

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