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North America Digestive Health Products Market By Ingredient (Prebiotics, Probiotics, Food Enzymes), By Product (Non-Alcoholic Beverages, Bakery & Cereals, Dairy), and By Region- Growth, Size, Share, Trends, Impact of COVID-19 and Forecast (2022 to 2027)

Published: March, 2023
ID: 12224
Pages: 140
Formats: report pdf report excel report power bi report ppt

North America Digestive Health Products Market Size Growth Trends 2022 - 2027:

North America Digestive Health Products Market was worth USD XX million in 2020, so it is estimated to reach USD XX million by 2026, growing at a CAGR of XX%. Due to their sensitive nature, the numerous components of the digestive system necessarily involve specific care. The use of digestive health products can help maintain a healthy stomach by restoring healthy gut flora and managing acid levels. Increased health consciousness and a growing senior population are predicted to increase demand for probiotics that aid in the appropriate maintenance of gut flora, hence propelling the market of the digestive product forward.

Recent Developments 

  1. Kellogg launched a new HI! Series. Prebiotics, probiotics, and fibers make you feel good on the inside. CPG, situated in Michigan, stated that its new solution would allow it to receive digestive health care readily.
  2. International Flavours & Fragrances, Inc. (IFF) agreed to buy DuPont de Nemours Inc.'s Nutrition and Biosciences business in December 2019. This enables businesses to broaden their product portfolios in the food, beverage, health, wellness, home markets, and personal care sectors.

Market Growth

Drivers

The industry is being driven by increased demand for nutritional and food supplements. Advanced knowledge of the beneficial effects of probiotics will boost demand for digestive health products, hence promoting the market growth. Yogurt and other probiotics control intestinal flora, cardiovascular diseases (CVD) are cured in products rich in omega-3 and other fatty acids, and carotenoids such as beta-carotene claim to have anti-carcinogenic properties to help prevent conditions associated with oxidative damage such as cancer. This will help the market flourish even more. Furthermore, a significant increase in food expenditure is boosting the market. Digestive health products help tackle pathogens and strengthen the immune system by improving gut health. Customers are ready to spend more on a healthy lifestyle, therefore increased awareness of digestive health products' advantages promotes overall growth. Increasing population, growing awareness, and expendable income are expected to drive market expansion in the coming years.

Restraints

Due to tight regulatory standards for probiotics and prebiotics, the digestive health products market is facing challenges. Several testing and approvals must be completed before the maker may put the product on the market. Furthermore, the high development costs of materials can stifle corporate growth. Also, the digestive product market will be limited in its expansion due to a lack of understanding about the benefits of digestive health products and probiotics products.

Market Segmentation

The North America Digestive Health Products Market is segmented by Ingredient and Product.

By Ingredient 

  • Prebiotics
  • Probiotics
  • Food Enzymes

The market can be categorized into Prebiotics, Probiotics, and Food Enzymes.

Because of increased customer demand, the probiotics segment has turned into an essential raw material component. Improvements in manufacturing technology and increased R&D spending by large corporations will expand the category even further. Additionally, increased knowledge of the therapeutic advantages generated by these items, including a strengthened immune response, will accelerate the profit in the coming years.

The market is expected to rise fast during the forecast period due to the rising demand for digestive enzyme products that replenish degraded enzymes within the body. Furthermore, the market would grow over the forecast years due to the multiple functions of dietary enzymes and the growing demand for crop-based enzymes. In addition, food enzymes are commonly employed in the dairy industry for products such as yogurt, ice cream, etc. However, the segment's expansion is hindered since safety requirements are inconsistent.

By Product

  • Non-Alcoholic Beverages
  • Bakery & Cereals
  • Dairy

The market is segmented into Non-Alcoholic Beverages, Bakery & Cereals, and Dairy.

The dairy products industry has been led by rising demand for goods such as yogurt and milk. Furthermore, bad eating habits, poor diets, and improved consumer knowledge and understanding of healthful dairy products have contributed to rising demand. As a result, supplements have been the second-largest market and are predicted to continue expanding throughout this forecast period. The growing relevance of active lives and improved nutritional possibilities together play an essential role in encouraging supplements.

Due to circumstances such as beverages without liquor becoming more appealing considering they do not have detrimental effects, non-alcoholic drinks have a significant market proportion. They are expected to expand at a rapid pace throughout the projected timeframe. They provide a healthier substitute for their alcoholic equivalents. The benefits of non-alcoholic beers while lactating are well recognized. It also relieves stress and improves sleep. In addition, it has exhibited clues of cancer control, which is favorable to cardiovascular health.

Regional Analysis

  • U.S
  • Canada
  • Rest of North America

An increase in knowledge of digestive health products has boosted demand in North America. Furthermore, the government has provided various chances for growth in the region to support the development and technical developments, such as favorable rules in the United States regulating the use of health products to assure the well-being of their residents. Technological advancements, quick product delivery, and an abundance of health specialists have bolstered North American marketplaces. Bakery and dairy goods are likely to remain the significant segments of the US market due to strong demand for customized, flavored, and low-cost food products. The aging population, increased health awareness, and higher disposable money is the top three growth drivers. People in Mexico take vitamin and mineral supplements to improve their overall health. Women consume specialist supplements at a far higher rate than males. All of these elements contribute to a significant increase in the forecasting timeframe.

Impact of COVID-19 on North America Digestive Health Products Market

COVID-19 has impacted possibly every business, and the long-term consequences are expected to influence business growth over the coming years. Despite a severe economic downturn, the Digestive Health Products Industry has recovered by implementing new tactics and developing new capabilities. To remain viable on both a global and regional scale, the industry has begun to look for other revenue sources and marketing strategies.

Key Players

Major Players in the North America Digestive Health Products Market are 

  • AST Enzymes Hansen Holding A / S
  • Cargill Inc.
  • Nestle S.A.
  • Danone
  • A.S Arla Foods Inc.
  • Yakult Honsha Co.
  • Mondelěz International Inc.
  • PepsiCo, Inc
  • General Mills

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