Global demand for liver health supplements market was valued at USD 707.3 million in 2018, and is expected to generate revenue of USD 962.5 million by end of 2025, growing at a CAGR of 4.5% between 2019 and 2025
According to the report, global demand for liver health supplements market was valued at USD 707.3 million in 2018, and is expected to generate revenue of USD 962.5 million by end of 2025, growing at a CAGR of 4.5% between 2019 and 2025
The report covers forecast and analysis for the global liver health supplements market. The study provides historic data from 2016 to 2018 along with forecast from 2019 to 2025 based on revenue (USD Million). In-depth secondary research is used to ascertain overall market size, top industry players, top product, industry associations, etc. Macro-economic indicators such as healthcare industry outlook, healthcare spending, research funding, GDP along with company websites, company annual reports, white papers, financial reports and other saws have also been considered to arrive at the indicated market numbers.
Liver being the largest internal organ of the body collects all the toxins and break it down to release these out of the body. Liver functionality and its health is very important for healthy body functioning. Due to decreasing food quality, increased alcohol and fast food consumption chronic liver diseases like liver hepatitis, liver cirrhosis, non-alcoholic fatty liver diseases etc. are occurring prevalently due to which the consumption of liver health supplements has increased recently.
The study provides a decisive view on the liver health supplements market by segmenting the market based on product, nature, form, distribution channel, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The market for liver health supplements is segmented on the basis of product into vitamins & minerals, botanicals, and others. The botanicals or herbal supplements segment held major share of the market in 2018 due to rising demand for molecular profiling by the healthcare professionals Botanicals which contain herbal ingredients like dandelion, milk thistle, turmeric, artichoke leaf, and mushrooms are widely adopted for liver health. Milk thistle-based supplements are widely adopted by consumers as milk thistle since these have proved to be beneficial for liver health. Besides, growing benefits and awareness about natural products in countries like U.S. and India are also supporting segmental growth. Based on nature the market is segmented into organic, and conventional. Organic supplements are likely to grow at high CAGR in the forecast period. Mushroom based supplements are gaining momentum in terms of demand among consumers.
Based on form the market is bifurcated into liquid, and dry. Dry form supplements held major share of the market in 2018, however liquid supplements are likely to grow at high CAGR in the forecast period. Currently, domestic and international brands are developing liver supplements in the form of capsules and tablets. Besides, liquid supplements are gaining traction among the children with diseases of digestive system. Based on distribution channel the market is bifurcated into online retailers, supermarkets/ hypermarkets, and specialty stores. Online retailers are likely to grow at high CAGR in the forecast period. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries. North America and Europe combinedly held major share of the market in 2018 due to rising consumption of nutritional food products in countries like U.S., U.K., and Germany. Besides, growing adoption of vitamin products among working population has strongly impacted regional market growth.
The study also includes drivers and restraints for the liver health supplements along with the impact they have on the demand over the forecast period. Besides, the report includes the study of opportunities and trends available in the liver health supplements market on global level. Growth in alcohol consumption has resulted in many health issues, including liver problems. Besides, decreased quality of food and increased usage of chemical fertilizers and adulteration of food products has majorly affected liver functioning thus propelling market growth. Moreover, various programs initiated by government and non-government authorities for the betterment of the malnourished population across developing countries has further driven consumers towards healthy supplement products like liver health supplements.
The report also provides company market share analysis in order to give a broader view of the key players in the market. Industry insights and information is delivered in the required format. ZMR develops a list of industry players (manufacturers), distributors, retailers and industry experts. Some of the players in the market for liver health supplements include Enzymedica, Irwin’s Natural, Jarrow Formulas, Thompson's (Integria Healthcare), Swisse, Natures Craft, Nature's Bounty, NOW Foods, NUTRALife, Gaia Herbs and Himalaya Herbal Healthcare.
This report segments the global liver health supplements market as follows:
Global Liver Health Supplements Market: Product Segment Analysis
Global Liver Health Supplements Market: Nature Segment Analysis
Global Liver Health Supplements Market: Form Segment Analysis
Global Liver Health Supplements Market: Distribution Channel Segment Analysis
Global Liver Health Supplements Market: Regional Segment Analysis