South America Digestive Health Supplements Market Size (2024 - 2029)

South America Digestive Health Supplements Market Analysis

The South American Digestive Health Supplements Market is projected to register a CAGR of 7.2% during the forecast period.

The ongoing increase in lifestyle diseases, such as obesity, high cholesterol, gastro intestine problems, and diabetes, due to sedentary lifestyles is driving the growth of the South American digestive health supplements market. Additionally, consumers are open to spending on preventive healthcare products and improved medical services due to the rise in disposable income. Consumer spending is further fueled by the increase in awareness about digestive health, innovations in digestive health supplements, and the availability of products across key distribution channels.

Furthermore, the health claims provided by the manufacturers of digestive health supplements are anticipated to accelerate the demand for digestive health supplements during the forecast period. Manufacturers are restricted from using health claims or labels unless approved by their respective country's government regulatory bodies. For instance, in Brazil, all the products subject to health surveillance, such as medicines, supplements, and food, are approved and controlled by the ANVISA, an autonomous regulatory body of the Brazilian government. Thus, the health claims regulated by stringent government regulations boost the confidence of consumers in digestive supplements, thereby escalating the demand in the market studied.

South America Digestive Health Supplements Industry Segmentation

Digestive health supplements are additional nutrition added by consumers to their diet to lower digestion problems and improve gut health. These supplements primarily function by helping the body to break down carbohydrates, fats, and proteins, resulting in better absorption of nutrients and digestion of food. 

The South American digestive supplements market is segmented by type, form, distribution channel, and geography. By type, the market is segmented into prebiotics, probiotics, enzymes, and other types. By form, the market is segmented into capsules, tablets, powders, gummies, and others. By distribution channel, the market is segmented into supermarkets/hypermarkets, pharmacies and drugstores, online retailers, and other distribution channels. It provides an analysis of emerging and established economies across the region, including Brazil, Argentina, and the Rest of South America. The report provides the market sizes and forecasts in terms of value in USD million for the above segments.