Asia Pacific Digestive Health Products Market Size, Share & Industry Trends Analysis Report By Type (Dairy Products, Supplements, Non-Alcoholic Beverages, Bakery & Cereals), By Ingredient, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Digestive Health Products Market would witness market growth of 8.1% CAGR during the forecast period (2022-2028).
Sales of supplements for digestive health are anticipated to increase as the emphasis on weight loss owing to sedentary lifestyles. Insufficient exercise or long periods of sitting can cause bloating, constipation, and other health issues. People who work long hours struggle to maintain an exercise routine, which causes them to experience intestinal problems. Consumption of digestive health supplements is rising rapidly as a result of these issues. Additionally, other electronic devices like smart-watches are being used to monitor dietary consumption and physical activity.
Customers are looking for products that can help them digest food better and battle the negative impacts of being overweight or fat. As a result, it is anticipated that demand for digestive health supplements would grow during the projection period. Probiotics are well known for their capacity to either prevent or lessen diarrhoea. One typical negative effect of taking antibiotics is diarrhoea. It happens as a result of antibiotics' potential to disturb the equilibrium of good and bad bacteria in the gut.
Opportunities for probiotic-fortified foods and beverages with benefits for digestive health are being driven by rising demand amongst important consumer groups, such as the burgeoning 60+ population and families with young children. For instance, half of all Chinese mothers are concerned about digestive problems, and 42% of consumers in China purchase beverages with digestive advantages. Probiotic products are starting to appear in beverages, confections, chocolates, baked goods, and snacks in Asia as demand extends beyond conventional probiotic offerings, such as yoghurts.
The China market dominated the Asia Pacific Digestive Health Products Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5,593 million by 2028. The Japan market is estimated to grow a CAGR of 7.5% during (2022 - 2028). Additionally, The India market would experience a CAGR of 8.8% during (2022 - 2028).
Based on Type, the market is segmented into Dairy Products, Supplements, Non-Alcoholic Beverages, Bakery & Cereals, and Others. Based on Ingredient, the market is segmented into Probiotics, Prebiotics, and Food Enzymes (Microbial-based, Plant-based, and Animal-based). Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, Bayer AG, Danone S.A. (Sofina Group), DuPont de Nemours, Inc., Nestle S.A., Sanofi S.A., Cargill Corporation, Chr. Hansen Holding A/S, International Flavors & Fragrances, Inc., and Arla Foods, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Dairy Products
- Non-Alcoholic Beverages
- Bakery & Cereals
- Food Enzymes
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- BASF SE
- Bayer AG
- Danone S.A. (Sofina Group)
- DuPont de Nemours, Inc.
- Nestle S.A.
- Sanofi S.A.
- Chr. Cargill Corporation
- Hansen Holding A/S
- International Flavors & Fragrances, Inc.
- Arla Foods, Inc.
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