Digestive Remedies Market by Product type (Capsules, Liquid, Drinkable, Powder, Gels)
Industry: Food and Beverages
Published Date: March-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 300
Report ID: PMRREP30469
The Global Market for Digestive Remedies is expected to be of valuation US$ 19,009.5 Million in the year 2023 which is set to reach a valuation of US$ 28,165.74 Million by the end of the forecast period by expanding at a value CAGR of ~4.0%.
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Digestive Remedies Market Size (2023E) |
US$ 19,009.5 Million |
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Projected Sales of Digestive Remedies (2033F) |
US$ 28,165.74 Million |
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Value CAGR (2023 to 2033) |
~4.0% |
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Value Share of Top 4 Countries (2023 E) |
~ 25 to 30% |
The global digestive remedies market has witnessed significant growth in the historical period registering a CAGR of ~3.7% in the historical period and is valued at US$ 19,009.5 Million in 2023. Growing consumer understanding of the acuteness of gastrointestinal disorders, combined with the need for excellent health, is anticipated to boost the global digestive remedies market during the forecast period of 2023 to 2033.
The growing commonness of gastrointestinal diseases, such as inflammatory bowel disease, irritable bowel syndrome, constipation, and gastroesophageal reflux illness, has raised concerns about stomach health, which, in turn, is expected to boost product development within the digestive remedies market.
Digestive remedies supplements must comply with the requirements of multiple regulatory bodies, including the United States Food and Drug Administration, Dietary Supplement Health and Education Act 1994, and Natural Health Products Regulations for manufacture and use. Increasing numbers of gymnasiums and fitness centres in emerging markets, including China and India, will boost demand for digestive remedy products due to increased awareness of muscle enhancement and reduced fat content among people.
Digestive remedies such as probiotics are used for the therapy of gastrointestinal (GI) illnesses. The most prevalent digestive disorders include indigestion, heartburn, irritable bowel syndrome (IBS), diarrhea, movement disease, heartburn, pediatric digestive illnesses, and constipation. The advent of online pharmacies is a trend that is allowing the global digestive remedies market to expand at a rapid rate. The popularity of self-medication has also increased as a result of easy access to the Internet, which offers a platform for users to interact with health researchers worldwide. Digestive remedies demand also surge with a renewed interest in clean-label products.
“Online Retail Channels to Permeate Digestive Remedies Market”
Digestive remedies like probiotics are used to treat gastrointestinal (GI) illnesses. The most common digestive disorders include indigestion, irritable bowel syndrome (IBS), diarrhoea, movement disease, heartburn, pediatric digestive illnesses, and constipation. The advent of online pharmacies is a trend that is allowing the global digestive remedies market to expand at a rapid rate. The popularity of self-medication has also increased as a result of easy access to the Internet, which offers a platform for users to interact with health researchers worldwide. Digestive remedies demand also surge with a renewed interest in clean-label products.
“Consumer Focus Shifts towards Healthy Living, Natural Digestive Remedies and Mental Health to Drive Market Growth”
In the recent past, the production of digestive remedy products has risen considerably. In addition to dietary advantages, digestive remedies provide a plethora of human health advantages. Of all the new digestive remedies products available, probiotics and prebiotics, integrated food products have gained significant market share in global digestive remedies, especially in Europe, followed by Asia and the United States.
Thus, the probiotic strategy and the prebiotic approach through the growth of functional foods are fundamentally distinct, although both contribute to the general improvement of intestinal health and fuel the demand for digestive remedies products worldwide.
“Increasing Awareness around Digestive Disorders Boosting the Demand for Digestive Remedies”
The awareness-raising campaigns of businesses such as Yakult continue to increase customer awareness of probiotic products, which in turn will continue to boost market growth for digestive remedies. In addition, growing dairy consumption in emerging economies is driving the demand for value-added dairy products. For example, China's reliance on imported dairy products decreases its ability to create its procedures and therefore it tends to replicate techniques established in Japan. Intellectual property protection for digestive remedies products must be regarded, as many imitator products are known to exist. The health advantages of digestive remedies and probiotics are presently unproven in China, which is why sales are typically driven by chemists/pharmacies during the forecast period.
“Pre & Probiotics Stimulating Strategic Developments”
There has been a lengthy debate among health experts over the health advantages of digestive remedies such as probiotics and prebiotics for many years, and which of them was the most effective product for improving human health.
Weighing each item for digestive remedies pros and cons, producers and scientists initially concentrated on probiotics, while prebiotics was not given much significance. This is reflected in the marketing styles of each item and thus sales of probiotics gained traction for the global digestive remedies market.
In the last few years, market competitors are turning to prebiotics as they think that probiotics alone are not enough for digestive health. The best technique is to use both probiotics and prebiotics in tiny amounts and to allow the multiplication of good bacteria by supplying them with food in the form of prebiotics and by replenishing the number of bacteria over a period with probiotics.
Endeavours by market players to enhance the efficacy of both prebiotics and probiotics by continuously investing time and money in research and development initiatives will propel the digestive remedies market to greater heights. The industry will further gain traction through well placed and well-timed marketing strategies.
What is the Demand Outlook in South Asia & Pacific Region Digestive Remedies market?
The market of South Asia & Pacific expected to witness a CAGR of ~5.7% in the global digestive remedies market in 2023. The increasing incidence of chronic gastrointestinal diseases, the rapid aging and obese population, the increasing demand for preventive medicine and the existence of significant market players are the main factors contributing to the big size of the industry. Apart from the elevated incidence of GI illnesses, demand for instant relief solutions has escalated the growth across the region. With the time-pressed working population seeking quick-fix solutions, well-established companies are increasingly offering innovative digestive remedies.
Why is Online Retail Expected to Project High Growth Rate in the Forecast Duration?
The market growth for online retail segment is expected to grow at a high CAGR of ~ 5.9% during the forecast period. Digestive remedies are inexpensive and can be purchased online. Such channels can provide a variety of benefits, such as coupons and other offers. Furthermore, the increasing popularity of app-based sellers is propelling the segment over the forecast period.
Leading manufacturers in the global digestive remedies market space are carrying out various partnerships and collaboration to gain synergy benefits and increase production capacity for high market share. Due to the existence of multiple big and small producers, the digestive remedies market is extremely fragmented and competitive. Some of the major competitors in the global digestive remedies market are Bayer Healthcare, Johnson & Johnson, GlaxoSmithKline Plc, Procter & Gamble Co, Sanofi, Abbott Laboratories Inc., and Reckitt Benckiser Group Plc (RB).
Adoption of innovative marketing strategies has allowed participants in the digestive remedies industry to grow at a significant rate. With adequate investment at each point of product development, companies have worked to increase awareness of the health advantages of digestive remedies. In order to increase product awareness, successful clinical trial results have been shared with target customers.
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Attribute |
Details |
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Forecast period |
2023 to 2033 |
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Historical data available for |
2018 to 2022 |
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Market analysis |
USD million for value |
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Key regions covered |
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Key countries covered |
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Key market segments covered |
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Key companies profiled |
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Report coverage |
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Customization & pricing |
Available upon request |
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The global market for digestive remedies has a value of US$ 19,009.5 Mn in 2023.
The global market for digestive remedies has a value CAGR of ~3.7% from 2018-2022.
The global market for digestive remedies has a value of US$ 28,165.74 Mn in 2033.
The global market for digestive remedies has a value CAGR of ~4.0% from 2023-2033.
The top players include Bayer AG, Abbott Laboratories Inc., Reckitt Benckiser Group Plc (RB), Takeda Pharmaceutical Co Ltd., and Pfizer with a market share of about ~35%-45%.
