Latin America Digestive Health Supplements Market Size & Outlook
The digestive health supplements market in Latin America is expected to reach a projected revenue of US$ 1,149.9 million by 2030. A compound annual growth rate of 8.3% is expected of Latin America digestive health supplements market from 2024 to 2030.
Revenue, 2023 (US$M)
$656.2
Forecast, 2030 (US$M)
$1,149.9
CAGR, 2024 - 2030
8.3%
Report Coverage
Latin America
Latin America digestive health supplements market, 2018-2030 (US$M)
Related Markets
Latin America digestive health supplements market highlights
- The Latin America digestive health supplements market generated a revenue of USD 656.2 million in 2023.
- The market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, probiotics was the largest revenue generating product in 2023.
- Enzymes is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 656.2 million |
| Market revenue in 2030 | USD 1,149.9 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Probiotics |
| Fastest growing segment | Enzymes |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Prebiotics, Probiotics, Enzymes, Fulvic Acid |
| Key market players worldwide | Bayer AG, Herbalife Ltd, Pfizer Inc, NOW Foods, Koninklijke DSM NV, Amway Corporation |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.0% of the global digestive health supplements market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 1,606.9 million by 2030.
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Digestive Health Supplements Market Scope
Digestive health supplements market segmentation & scope
Supermarkets/ Hypermarkets/Food Stores
Drug Stores & Pharmacies
Convenience Stores
Online
Others
Prescribed
Digestive Health Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America digestive health supplements 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 supplements market will help companies and investors design strategic landscapes.
Probiotics was the largest segment with a revenue share of 81.18% in 2023. Horizon Databook has segmented the Latin America digestive health supplements market based on prebiotics, probiotics, enzymes, fulvic acid covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Digestive Health Supplements Product Outlook (Revenue, USD Million, 2018-2030)
- Prebiotics
- Probiotics
- Enzymes
- Fulvic Acid
- Others
- Latin America Digestive Health Supplements Form Type Outlook (Revenue, USD Million, 2018-2030)
- Capsules
- Tablets
- Powders
- Liquids
- Others
- Latin America Digestive Health Supplements Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- OTC
- Supermarkets/ Hypermarkets/Food Stores
- Drug Stores & Pharmacies
- Convenience Stores
- Online
- Others
- Prescribed
- OTC
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Target buyers of Latin America digestive health supplements market databook
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Our clientele includes a mix of digestive health supplements market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America digestive health supplements market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America digestive health supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America digestive health supplements market size, by country, 2018-2030 (US$M)
Latin America Digestive Health Supplements Market Outlook Share, 2023 & 2030 (US$M)
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