Market Size of North America Digestive Health Supplements Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 7.50 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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North America Digestive Health Supplements Market Analysis
North America Digestive Health Supplements Market is projected to register a CAGR of 7.5% during the forecast period, 2022-2027.
The consumer shift toward preventive digestive health management practices, owing to the rising healthcare costs and the increasing burden of lifestyle diseases, is the major factor driving the digestive health supplements market in the region. Further, a significant prevalence of gastrointestinal problems, such as heartburn, constipation, and diarrhea, resulted in an increasing number of consumers seeking digestive supplements regularly. For instance, a recent study published by the American College of Gastroenterology states that in the U.S., around 10-15% adult population suffers from IBS (Irritable bowel syndrome) symptoms and it is the most common intestinal disorder diagnosed by the nation's gastroenterologists.
Probiotics are a driving force within the booming digestive health supplement category, followed by enzymes. Probiotics and enzymes are being consumed by people of all age groups. However, the major consumption is observed among millennials, due to the growing awareness regarding health and wellness through multi-channel publicity, which has influenced their consumption pattern to a large extent.