India Digestive Health Products Market Size & Outlook
India digestive health products market, 2017-2030 (US$M)
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India digestive health products market highlights
- The India digestive health products market generated a revenue of USD 1,093.5 million in 2021 and is expected to reach USD 2,804.2 million by 2030.
- The India market is expected to grow at a CAGR of 11% from 2022 to 2030.
- In terms of segment, dairy products was the largest revenue generating product in 2021.
- Bakery & Cereals is the most lucrative product segment registering the fastest growth during the forecast period.
Digestive health products market data book summary
| Market revenue in 2021 | USD 1,093.5 million |
| Market revenue in 2030 | USD 2,804.2 million |
| Growth rate | 11% (CAGR from 2021 to 2030) |
| Largest segment | Dairy products |
| Fastest growing segment | Bakery & Cereals |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dairy Products, Supplements, Non-Alcoholic Beverages, Bakery & Cereals |
| Key market players worldwide | Basf SE, Nestle SA, International Flavors & Fragrances Inc, DuPont de Nemours Inc, Bayer AG, Danone SA, Arla Foods, Sanofi SA, Cargill, Chr. Hansen |
Other key industry trends
- In terms of revenue, India accounted for 2.5% of the global digestive health products market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China digestive health products market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,804.2 million by 2030.
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Digestive Health Products Market Scope
Digestive Health Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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India digestive health products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digestive health products market will help companies and investors design strategic landscapes.
Dairy products was the largest segment with a revenue share of 74.29% in 2021. Horizon Databook has segmented the India digestive health products market based on dairy products, supplements, non-alcoholic beverages, bakery & cereals covering the revenue growth of each sub-segment from 2017 to 2030.
Rapid advances in product development coupled with the government mandated fortification are the key factors driving functional food industry growth in India. The shift in trend to prefer food items based on nutritional value, taste and in terms of their ability to improve the well-being and health has led to increased consumption of digestive food items.
One in every five people in the population of over 1.3 billion in India are suffering from at least one chronic disease such as respiratory, metabolic and cardiovascular. The increasing epidemic of other chronic diseases including diabetes and various other nutritional challenges has also led to extensive promotion of natural functional foods in India, subsequently driving the market growth.
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Our clientele includes a mix of digestive health products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India digestive health products market , including forecasts for subscribers. This country databook contains high-level insights into India digestive health products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India digestive health products market size, by product, 2017-2030 (US$M)
India Digestive Health Products Market Outlook Share, 2021 & 2030 (US$M)
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