Market Size of Europe Digestive Health Supplements Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 7.85 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Digestive Health Supplements Market Analysis
Europe digestive health supplements market is projected to register a CAGR of 7.85 % during the forecast period, 2022-2027.
Due to busy lifestyles, consumers are more dependent on fast food and ready meals, which is resulting in different digestive issues, especially among the aged population. Therefore, this factor is influencing the health consciousness among the consumers, thereby, leading to a preference for products fortified with vitamins, antioxidants, probiotics, and fiber, which improve their digestion. Moreover, the growing pace of life and the stress associated with it are increasing the incidence of gastrointestinal problems amongst consumers who are expected to become increasingly exposed to stress in both their professional and personal lives. Thus, the rising importance of a healthy digestive system drives the demand for digestive health supplements in the worldwide market.
Moreover, consumers, especially from developed countries, have adopted a personalized approach to healthcare by investing in preventive products and services to deal with gut and other simpler metabolic disorders. This, in turn, has increased the demand for digestive health supplements.