North America Digestive Health Products Market Size & Outlook
North America digestive health products market, 2017-2030 (US$M)
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North America digestive health products market highlights
- The North America digestive health products market generated a revenue of USD 14,780.4 million in 2021.
- The market is expected to grow at a CAGR of 8.3% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 14,780.4 million |
| Market revenue in 2030 | USD 30,261.4 million |
| Growth rate | 8.3% (CAGR from 2021 to 2030) |
| Largest segment | Dairy products |
| Fastest growing segment | Bakery & Cereals |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, North America region accounted for 33.3% of the global digestive health products market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 23,664.4 million by 2030.
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Digestive Health Products Market Scope
Digestive Health Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 73.42% in 2021. Horizon Databook has segmented the North America 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.
North America has a vast population facing rising obesity, digestive distress, tooth decay, and high blood pressure, and lifestyle-related diseases on account of their dietary habits, and the availability of several processed & ready-to-eat foods, which are not necessarily good for consumer health.
Major driver including technological advancement coupled with science support, real time product delivery and abundance of specialty health products has boosted North American digestive health products market.
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Target buyers of North America digestive health products market databook
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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 continent-level data and insights on the North America digestive health products market , including forecasts for subscribers. This continent databook contains high-level insights into North America digestive health products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America digestive health products market size, by country, 2017-2030 (US$M)
North America Digestive Health Products Market Outlook Share, 2021 & 2030 (US$M)
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