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 |
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.
Europe Digestive Health Supplements Industry Segmentation
Digestive Health Supplements are meant to help ease issues with digestion caused by Crohn's disease, celiac disease, heartburn, irritable bowel syndrome (IBS), ulcerative colitis, and indigestion.
Europe Health Supplement Market (henceforth referred to as the market studied) is segmented by Product Type (Probiotics, Prebiotics, Enzymes, and Others), Distribution Channel (Supermarkets/Hypermarkets, Pharmacies and Drug Stores, Online Retailer, Other Distribution Channel).
It provides an analysis of emerging and established economies across the region, comprising United Kingdom, Germany, Spain, Italy, France, Russia and Rest of Europe. For each segment, the market sizing and forecasts have been done based on value (in USD million).
By Product Type | |
Prebiotics | |
Probiotics | |
Enzymes | |
Other Types |
By Distribution Channel | |
Supermarkets/Hypermarkets | |
Pharmacies and Drugstores | |
Online Retailers | |
Other Distribution Channel |
By Geography | |
United Kingdom | |
Germany | |
Spain | |
France | |
Italy | |
Russia | |
Rest of Europe |
Europe Digestive Health Supplements Market Size Summary
The Europe digestive health supplements market is experiencing significant growth, driven by increasing health consciousness among consumers due to busy lifestyles and the prevalence of digestive issues, particularly among the elderly. The demand for supplements fortified with vitamins, antioxidants, probiotics, and fiber is rising as consumers seek to improve their digestion and overall health. The stress associated with modern life is contributing to gastrointestinal problems, further fueling the market's expansion. Post-COVID-19, there is a heightened focus on healthy nutrition and preventive healthcare, with a growing awareness of the link between gut health and immunity. This trend is encouraging consumers to invest in digestive health supplements as a proactive measure to maintain energy levels, physical health, and weight management.
The market is characterized by intense competition, with key players like Bio Gaia, Amway, Probi AB, Bulk Powders, and Herbalife Nutrition Ltd leading the charge through extensive research and development. These companies are introducing innovative products, such as vegan gummies and probiotic capsules, to cater to the evolving consumer preferences for natural and effective solutions. The market is also witnessing strategic partnerships and expansions, as seen with Probi and Perrigo's pan-European agreement. Additionally, the popularity of herbal and traditional remedies is on the rise, particularly in countries like Italy, where there is a growing emphasis on prevention over cure. This trend is expected to continue, bolstering the demand for digestive health supplements across Europe.
Europe Digestive Health Supplements Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Force Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Prebiotics
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2.1.2 Probiotics
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2.1.3 Enzymes
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2.1.4 Other Types
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2.2 By Distribution Channel
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2.2.1 Supermarkets/Hypermarkets
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2.2.2 Pharmacies and Drugstores
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2.2.3 Online Retailers
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2.2.4 Other Distribution Channel
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2.3 By Geography
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2.3.1 United Kingdom
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2.3.2 Germany
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2.3.3 Spain
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2.3.4 France
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2.3.5 Italy
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2.3.6 Russia
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2.3.7 Rest of Europe
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Europe Digestive Health Supplements Market Size FAQs
What is the current Europe Digestive Health Supplements Market size?
The Europe Digestive Health Supplements Market is projected to register a CAGR of 7.85% during the forecast period (2024-2029)
Who are the key players in Europe Digestive Health Supplements Market?
Amway, Probi AB, BioGaia, Herbalife Nutrition Ltd and Bulk Powders are the major companies operating in the Europe Digestive Health Supplements Market.