Digestive Health Supplements Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0195207
  • Format: Electronic (PDF)
  • Number of Pages: 184
  • Author(s): Joshi, Madhavi

Report Overview

The Digestive Health Supplements Market size was estimated at USD 12 billion in 2023 and is projected to reach USD 25 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 11.50% during the forecast period (2024-2030).

Digestive Health Supplements Market

(Market Size)
$12 billion
$25 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 11.50%
2023 Market Size USD 12 billion
2030 Market Size USD 25 billion
Key Players Nestlé, Danone, Bayer, Pfizer, Amway

Market Summary

The digestive health supplements market represents a dynamic and rapidly expanding segment within the global food and beverages industry. This market is primarily driven by a growing consumer consciousness regarding the critical link between gut health and overall wellness. A significant shift towards preventive healthcare, as opposed to reactive treatments, has fueled demand for products that support digestive function. Consumers are increasingly seeking natural and scientifically-backed solutions to manage conditions like bloating, indigestion, and irritable bowel syndrome (IBS). The product landscape is diverse, encompassing probiotics, prebiotics, enzymes, and fiber-based supplements, each targeting specific digestive concerns. Manufacturers are continuously innovating, developing new delivery formats such as gummies, powders, and fortified foods and beverages to enhance consumer convenience and appeal. The market is characterized by intense competition, with both established pharmaceutical giants and agile niche players vying for market share through product differentiation, strategic marketing, and extensive distribution networks across online and offline retail channels.

Key Highlights

The digestive health supplements market is distinguished by several pivotal factors that underscore its current trajectory and future potential. A paramount highlight is the robust scientific validation supporting the efficacy of key ingredients, particularly probiotics, which has moved these products from niche health food stores into mainstream retail and pharmaceutical outlets. The market demonstrates a strong trend towards personalization, with companies offering tailored solutions based on individual gut microbiome analyses, a development that is revolutionizing consumer engagement. Another significant highlight is the strategic expansion into untapped demographic segments; while traditionally popular among older adults, marketing efforts are now successfully targeting younger consumers, including millennials and Gen Z, who are proactive about wellness. The blurring of lines between supplements and functional foods presents a major opportunity, leading to a proliferation of digestive health-enhanced products like yogurts, juices, and snacks. Furthermore, the e-commerce channel has emerged as a dominant and highly influential sales platform, providing consumers with unparalleled access to a wide array of products and detailed information, thereby fueling market growth.

Drivers, Opportunities & Restraints

The growth of the digestive health supplements market is propelled by a confluence of powerful drivers. The most significant driver is the escalating global prevalence of digestive disorders and growing awareness of the gut-brain axis, linking mental well-being to gastrointestinal health. Rising disposable incomes, especially in emerging economies, allow consumers to invest more in premium health and wellness products. An aging global population, which is more susceptible to digestive issues, further sustains demand. The market presents substantial opportunities, particularly in the development of targeted formulations for specific health conditions and the integration of advanced technologies like microbiome testing to offer personalized nutrition plans. The expansion into emerging markets in Asia-Pacific and Latin America, where health consciousness is rising, represents a vast, largely unsaturated growth frontier. However, the market faces notable restraints. Stringent and varying regulatory frameworks across different countries can impede product launches and claims. Consumer skepticism and confusion due to a lack of standardization and some products making exaggerated health claims can hinder trust and adoption. Furthermore, the high cost of research, development, and clinical trials for novel ingredients poses a significant challenge for market players.

Concentration Insights

The competitive landscape of the digestive health supplements market is a mix of high fragmentation and concentrated influence. The market is populated by a vast number of small to medium-sized enterprises that often focus on niche segments, organic ingredients, or specific consumer demographics, contributing to a fragmented lower tier. However, the top of the market is highly concentrated, dominated by a few multinational corporations with extensive resources, strong brand recognition, and global distribution capabilities. Key players such as Procter & Gamble, Nestl?, Bayer AG, and Pfizer Inc. leverage their established consumer trust and significant investment in research and development to maintain a competitive edge. These industry leaders often grow through strategic acquisitions of promising smaller brands, thereby consolidating their market position and expanding their product portfolios. This structure creates an environment where large corporations set industry standards and trends, while smaller companies drive innovation and cater to specialized demands, making the overall market both competitive and collaborative.

Type Insights

The digestive health supplements market is segmented by type, with probiotics standing as the undisputed leader and most widely recognized category. Probiotics, comprising live beneficial bacteria and yeasts, are acclaimed for their role in restoring and maintaining a healthy balance of gut flora. Strains from the Lactobacillus and Bifidobacterium genera are particularly prevalent in commercial products. Prebiotics, which are non-digestible fibers that act as food for beneficial gut bacteria, represent another crucial and growing category, often used in synergy with probiotics in symbiotic formulations. Digestive enzymes, such as amylase, protease, and lactase, form a vital segment, aiding the breakdown of macronutrients and proving essential for individuals with specific enzyme deficiencies or conditions like lactose intolerance. Fiber supplements, including psyllium husk and inulin, constitute a well-established category focused on promoting regularity and supporting overall digestive function. Each type addresses distinct consumer needs, and the trend is increasingly moving towards combination products that offer a comprehensive approach to digestive wellness.

Application Insights

Digestive health supplements find application across a spectrum of consumer needs, ranging from general wellness to the management of specific medical conditions. The largest application segment is preventive health and general well-being, where consumers use supplements proactively to maintain optimal digestive function and support their immune system, which is closely tied to gut health. A significant application is the management of common digestive ailments, including irritable bowel syndrome (IBS), acid reflux, bloating, and constipation. Supplements tailored for these conditions often contain targeted probiotic strains or enzymes. Another growing application area is nutritional deficiency management, where supplements help individuals with malabsorption issues or those following restrictive diets to better assimilate nutrients. Furthermore, there is an emerging application linked to mental health, driven by research on the gut-brain axis, with products designed to alleviate symptoms of stress and anxiety by improving gut health. The application landscape is becoming increasingly specialized, with products developed for specific age groups, from infants to seniors, and for lifestyle-related digestive stress.

Regional Insights

The demand for digestive health supplements exhibits distinct regional patterns influenced by cultural attitudes, healthcare infrastructure, and economic development. North America, particularly the United States, represents a mature and dominant market, characterized by high consumer awareness, robust disposable income, and a strong presence of leading manufacturers. Europe follows closely, with countries like Germany and the United Kingdom showing high adoption rates, supported by a well-established regulatory environment and a growing aging population. The Asia-Pacific region is identified as the fastest-growing market, fueled by rising health consciousness, increasing disposable incomes in countries like China and India, and a growing middle class. Urbanization and the adoption of Western lifestyles in these regions are contributing to a higher incidence of digestive issues, thereby driving market growth. Latin America and the Middle East and Africa are emerging as promising markets with significant growth potential, though they currently represent smaller shares due to lower awareness and economic constraints in certain areas.

Company Insights

The competitive arena features a blend of global conglomerates and specialized health-focused companies. Prominent players exert considerable influence through their extensive product portfolios and global reach. Nestl? Health Science leverages its massive research capabilities and brand power to offer a range of scientifically-backed products under brands like Garden of Life. Procter & Gamble maintains a strong position with its Metamucil brand, a leader in the fiber supplement category. Bayer AG offers a portfolio of digestive health solutions, often marketed through its pharmaceutical channel. Danone, with its Activia yogurt brand, has successfully blurred the lines between food and supplements. Alongside these giants, specialized companies like Amway and Herbalife Nutrition have built significant market presence through direct-selling models focused on wellness. The landscape is also enriched by innovative smaller firms and startups, such as Seed Health and Ritual, which are driving trends in personalized probiotics and clean-label, transparent formulations, constantly challenging the established players.

Recent Developments

The digestive health supplements market is witnessing a wave of innovation and strategic movements. A prominent recent trend is the intense focus on microbiome research, leading to the development of next-generation probiotics with more targeted and clinically proven strains for specific health outcomes. Companies are heavily investing in clinical trials to substantiate health claims and differentiate their products in a crowded marketplace. There is a significant surge in mergers and acquisitions, as large corporations seek to acquire innovative startups with unique technologies or strong brand loyalty to quickly expand their market share and product offerings. Sustainability has become a critical development focus, with leading brands adopting eco-friendly packaging, transparent sourcing of ingredients, and promoting ethical production practices to appeal to environmentally conscious consumers. Furthermore, the digital transformation continues to accelerate, with brands leveraging artificial intelligence for personalized recommendations and strengthening their direct-to-consumer e-commerce platforms to build stronger customer relationships and gather valuable data.

Report Segmentation

This comprehensive market research report provides a detailed analysis segmented across multiple dimensions to offer a granular understanding of the industry landscape. The segmentation by type delves into the market dynamics of key product categories including probiotics, prebiotics, digestive enzymes, and fiber supplements, analyzing the growth, trends, and consumer preference for each. Application segmentation examines the various usage scenarios, covering areas such as general wellness, disease prevention, nutritional deficiency management, and other specific digestive health concerns. The report further breaks down the market by distribution channel, evaluating the performance and reach of supermarket/hypermarkets, pharmacies and drugstores, online retailers, and specialty stores. Geographically, the analysis is presented for key regions and major countries within North America, Europe, Asia-Pacific, and the rest of the world, providing insights into regional trends, growth potential, and competitive environments. This multi-faceted segmentation allows for a strategic assessment of opportunities and aids stakeholders in making informed decisions.

FAQs

What are the benefits of taking probiotics?

Probiotics are live microorganisms that provide numerous health benefits when consumed in adequate amounts. They are primarily known for helping to restore and maintain a healthy balance of gut bacteria. Key benefits include improved digestion and nutrient absorption, enhanced immune system function, and potential relief from digestive disorders like irritable bowel syndrome and diarrhea. Some research also suggests links between probiotic consumption and improved mental health, better skin condition, and a reduced risk of certain allergies.

What is the difference between probiotics and prebiotics?

Probiotics and prebiotics play complementary but distinct roles in gut health. Probiotics are live beneficial bacteria that directly add to the population of good microbes in your digestive system. Prebiotics, on the other hand, are specialized plant fibers that act as food for these beneficial bacteria. They are essentially non-digestible compounds that stimulate the growth and activity of probiotics already present in the colon. Consuming both together, known as symbiotics, can be particularly effective for digestive wellness.

Which digestive enzyme is best for bloating?

While individual needs can vary, alpha-galactosidase is widely recognized as one of the most effective digestive enzymes for reducing bloating and gas, particularly that caused by eating gas-producing foods like beans and cruciferous vegetables. This enzyme helps break down complex carbohydrates that are otherwise difficult to digest. Other enzymes like lactase (for dairy digestion) and a broad-spectrum enzyme blend can also be beneficial for overall bloating relief, depending on the specific dietary triggers an individual may have.

How long does it take for digestive supplements to work?

The time it takes for digestive supplements to produce noticeable effects can vary significantly based on the type of supplement, the specific health concern being addressed, and individual body chemistry. For instance, digestive enzymes typically work immediately, aiding with the digestion of the meal with which they are taken. Probiotics, however, may take several days to a few weeks to colonize the gut and show effects on overall digestive regularity and comfort. Fiber supplements for regularity can often show results within a few days to a week of consistent use.

What region has the largest market for digestive health products?

North America, led by the United States, currently holds the largest share of the global digestive health supplements market. This dominance is attributed to several factors including high consumer awareness about the importance of gut health, a strong culture of dietary supplementation, high disposable income levels, and the presence of major market players and advanced distribution networks. The region has a well-established infrastructure for product innovation, marketing, and retail, making it the most mature and lucrative market for these products.

Citius Research has developed a research report titled “Digestive Health Supplements Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Digestive Health Supplements Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Digestive Health Supplements Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Digestive Health Supplements Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Digestive Health Supplements Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Digestive Health Supplements Market
• Research Methodology
• Executive Summary
• Market Dynamics of Digestive Health Supplements Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Digestive Health Supplements Market
• Cost and Gross Margin Analysis of Digestive Health Supplements Market
• Digestive Health Supplements Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Digestive Health Supplements Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Digestive Health Supplements Market Key Stakeholders

Below are the key stakeholders for the Digestive Health Supplements Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Digestive Health Supplements Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Digestive Health Supplements Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Digestive Health Supplements Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Digestive Health Supplements Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Digestive Health Supplements Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Digestive Health Supplements Market is expected to grow at a CAGR of XX% from 2023 to 2030.
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Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Digestive Health Supplements Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Digestive Health Supplements Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Digestive Health Supplements Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Digestive Health Supplements Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Digestive Health Supplements Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Digestive Health Supplements Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Digestive Health Supplements Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Digestive Health Supplements Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Digestive Health Supplements Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Digestive Health Supplements Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Digestive Health Supplements Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

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