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Pulished Date October, 2021
ID: 12224
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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 (2021-2026)

Pulished: October, 2021
ID: 12224
Pages: 140

North America Digestive Health Products Market Size Growth Trends 2021-2026:

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

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 North America Digestive Health Products Market , By Ingredient                        

                                6.1.1 Prebiotics

                                6.1.2 Probiotics

                                6.1.3 Food Enzymes       

                                6.1.4 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.5 Y-o-Y Growth Rate Analysis              

                                6.1.6 Market Attractiveness Index           

                6.2 North America Digestive Health Products Market , By Product                             

                                6.2.1 Non-Alcoholic Beverages  

                                6.2.2 Bakery & Cereals  

                                6.2.3 Dairy          

                                6.2.4 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.5 Y-o-Y Growth Rate Analysis              

                                6.2.6 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 North America Digestive Health Products Market, by Region                

                7.2 North America - Market Analysis (2021 - 2026)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Ingredient         

                                7.2.3 By Product              

8. Key Player Analysis                                    

                8.1 AST Enzymes Hansen Holding A / S                   

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Cargill Inc.                   

                8.3 Nestle S.A.                  

                8.4 Danone                        

                8.5 A.S Arla Foods Inc.                   

                8.6 Yakult Honsha Co.                   

                8.7 Mondelěz International Inc.                

                8.8 PepsiCo, Inc               

                8.9 General Mills                             

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of By Ingredient, by Product and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. North America Digestive Health Products Market By Ingredient, From 2021-2026 ( USD Billion )
  2. North America Prebiotics Market By Region, From 2021-2026 ( USD Billion )
  3. North America Probiotics Market By Region, From 2021-2026 ( USD Billion )
  4. North America Food Enzymes Market By Region, From 2021-2026 ( USD Billion )
  5. North America Digestive Health Products Market By Product, From 2021-2026 ( USD Billion )
  6. North America Non-Alcoholic Beverages Market By Region, From 2021-2026 ( USD Billion )
  7. North America Bakery & Cereals Market By Region, From 2021-2026 ( USD Billion )
  8. North America Dairy Market By Region, From 2021-2026 ( USD Billion )
  9. United States Digestive Health Products Market By Ingredient, From 2021-2026 ( USD Billion )
  10. United States Digestive Health Products Market By Product, From 2021-2026 ( USD Billion )
  11. Canada Digestive Health Products Market By Ingredient, From 2021-2026 ( USD Billion )
  12. Canada Digestive Health Products Market By Product, From 2021-2026 ( USD Billion )

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