Global Digestive Health Supplements Market size is expected to reach nearly US$ 84.25 Bn by 2029 with a CAGR of 7.2% during the forecast period.Digestive Health Supplements Market Overview:
The fast-paced lifestyle has resulted in increased working hours and little to no time for exercise. An increase in health concerns has resulted in increased demand for supplementary food products that provide the daily requirement of minerals to the body. Digestive Health Supplements are a type of supplementary food product that have a high presence of nutrients like proteins, vitamins, minerals, and carbohydrates. Digestive Health Supplements hold medicinal properties that help in resolving immunity and digestion-related issues.To know about the Research Methodology:- Request Free Sample Report Digestive Health Supplements are manufactured by breaking down specific food groups into smaller nutrients that the body can digest. An increase in the number of people preferring a healthy lifestyle has resulted in a growth in demand for Digestive Health Supplements. An increase in the number of people suffering from health-related issues along with the rising preference for supplementary food products with medicinal properties has resulted in a boom in the Global Digestive Health Supplements Market.
Digestive Health Supplements Market Dynamics:
A report by scientists from the University of Gothenburg published in August 2018 states that 4 out of 10 people living in this world suffer from digestion-related issues. The same report states that digestion-related issues are the reason for more than 24% of deaths happened due to gastrointestinal issues. Digestive Health Supplements helps in providing an efficient solution for issues related to digestion and has found a rapid increase in demand owing to rising health concerns. A report by WHO published in 2016 states that 1 in every 7 people in the age group of 18-45 years are overweight and more than 650 million people living in urban areas suffer from obesity. Digestive Health Supplements acts as a medicine in weight management treatment and provides a necessary solution for managing weight to athletes, celebrities, and people suffering from obesity and cholesterol-related issues. A report by Consumer Healthcare Products Association states that the OTC products Market generated a revenue of US $ 175 Billion in 2022. Digestive Health Supplements come under OTC or Over Counter category of products. An increase in demand for OTC products as supplementary products has resulted in a growth in demand for Digestive Health Supplements. Increased consumption of processed food products, especially by the young population has resulted in a rise in digestion, immunity, and bone strength-related issues on a large scale. Digestive Health Supplements consist of Calcium, Proteins, and Minerals that help in preventing the rise of these issues. Increased consumption of Snacks and rising preference for supplementary nutrient-rich food products has resulted in rising demand for Digestive Health Supplements. The high cost associated with the production of fermented and dairy-based probiotics that are preferred by a large number of people has resulted in a limited number of players in the European Market manufacturing Digestive Health Supplements. To tap the potential of this market, On November 27, 2018, Ireland-based Carbery Group announced its entry into the Digestive Health Products market by launching a new range of fermented protein ingredients. A rise in the issues related to digestion acts as the driving factor for the growth of the Global Digestive Health Supplements Market.Restraints:
The rising preference for the consumption of natural food products like fruits and vegetables act as the major restraining factor here.Digestive Health Supplements Market Segment Analysis:
By Form, It is observed that more than 40% of the Digestive Health Supplements sold by the Nutraceutical Industry is in powdered form. More than 48% of prebiotic products consumed under the category of Digestive Health Supplements are in liquid form. Increased demand for over-the-counter products has observed a 3.3% increase in demand for Digestive Health Supplements in tablet and capsule form. By Product, It is observed that rising demand for nutrient-rich Digestive Health Supplements has resulted in a 3.4% increase in demand for Probiotics. Increased preference for supplementary products for probiotic products has resulted in a 2.8% increase in demand for Prebiotics. The rising preference for biological catalysts to resolve digestion-related issues has resulted in a 2.3% increase in demand for Enzymes. Different types of Digestive Health Supplements like Fulvic Acid are consumed on a large scale by people. By Distribution Channel, It is observed that more than 45% of the sales of Digestive Health Supplements in the organized sector happened through the medium of Specialty Stores. Pharmacies that come under the organized sector have generated more than 22% of the revenue earned by the Global Digestive Health Supplements Market. An increase in the use of the internet for purchasing supplementary food products has resulted in a 7% increase in the number of people visiting different online platforms for purchasing Digestive Health Supplements. The presence of a range of medicinal products on digestion-related issues has resulted in a 3.5% increase in demand for Digestive Health Supplements from the Pharmacies that are part of the organized sector. The presence of a large number of products by different brands and attractive offers have resulted in a 2.3% increase in sales of Digestive Health Supplements through Supermarkets. Positioning of Digestive Health Supplements as OTC products by the manufacturing firms has resulted in a 1.8% increase in demand for them by convenience stores that come under the organized sector. Specialty Stores dealing in Supplementary Food Products have observed a rise of 2.8% in demand for Digestive Health Supplements. The presence of a large number of products and features like doorstep delivery has resulted in a 4.6% increase in the sales of Digestive Health Supplements through the medium of E-Commerce. Different mediums dealing in supplementary products are visited by people for purchasing Digestive Health Supplements.Regional Insights:
A report by the US-based International Foundation for Bowel Dysfunction published in 2022 states that more than 62 million Americans are diagnosed with Digestion-related issues every year. The presence of such a large population suffering from different gastrointestinal and appendicitis issues have resulted in a 3.2% increase in the consumption of Digestive Health Supplements in North America. The presence of a large health-conscious population has resulted in a 2.8% increase in demand for Digestive Health Supplements in Europe. A report by EurekAlert published in May 2021 states that increased consumption of processed food products and reduced consumption of nutritious food products has resulted in millions of people living in this region at risk of Chronic Digestive Diseases. An increase in the number of people following a healthy lifestyle has resulted in a 1.8% increase in demand for Digestive Health Supplements. South American Market is showing a growth rate of 2.1%, the reason for which is the rising preference for supplementary food products especially in countries like Brazil, Colombia, and Venezuela. The Middle East and Africa’s Market is showing a growth rate of 1.3%, the reason for which is the preference for conventional food products and medicines to treat digestion-related issues. The objective of the report is to present a comprehensive analysis of the global Digestive Health Supplements market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Digestive Health Supplements market dynamics, structure by analyzing the market segments and Project the global Digestive Health Supplements market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Digestive Health Supplements market make the report investor’s guide.Digestive Health Supplements Market Scope: Inquire before buying
Global Digestive Health Supplements Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2023: US $ 51.78 Bn. Forecast Period 2023 to 2029 CAGR: 7.2% Market Size in 2029: US $ 84.25 Bn. Segments Covered: by Form Powder Tablet Capsule Liquid Others by Product Prebiotics Probiotics Enzymes Fulvic Acid Others by Distribution Channel Supermarket Convenience Store Specialty Store Pharmacies E-Commerce Others Digestive Health Supplements Market, by Region:
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)aKey Players
1. Cargill, Inc. 2. Arla Foods, Inc. 3. Nestle S.A. 4. BioGaia AB 5. Abbott Laboratories 6. Danone S.A. 7. Alimentary Health Limited 8. Pfizer, Inc. 9. Bayer AG 10. Koninklijke DSM N.V. 11. Chr. Hansen Holding 12. Lallemand 13. Yakult Honsha Co., Ltd. 14. Danisco A/S 15. NOW Foods 16. Procter & Gamble 17. Nutrica NV 18. AMWAYFrequently Asked Questions:
1. Which region has the largest share in Global Digestive Health Supplements Market ? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Digestive Health Supplements Market? Ans: The Global Digestive Health Supplements Market is expected to grow at a CAGR of 7.2% during forecast period 2023-2029. 3. What is scope of the Global Digestive Health Supplements Market report? Ans: The Global Digestive Health Supplements Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What is the study period of this market? Ans: The Global Digestive Health Supplements Market is studied from 2022 to 2029
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Digestive Health Supplements Market Size, by Market Value (US$ Bn.) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Digestive Health Supplements Market 3.4. Geographical Snapshot of the Digestive Health Supplements Market, By Manufacturer share 4. Global Digestive Health Supplements Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Digestive Health Supplements Market 5. Supply Side and Demand Side Indicators 6. Global Digestive Health Supplements Market Analysis and Forecast, 2022-2029 6.1. Global Digestive Health Supplements Market Size & Y-o-Y Growth Analysis. 7. Global Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 7.1.1. Powder 7.1.2. Tablet 7.1.3. Capsule 7.1.4. Liquid 7.1.5. Others 7.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 7.2.1. Prebiotics 7.2.2. Probiotics 7.2.3. Enzymes 7.2.4. Fulvic Acid 7.2.5. Others 7.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 7.3.1. Supermarket 7.3.2. Convenience Store 7.3.3. Specialty Store 7.3.4. Pharmacies 7.3.5. E-Commerce 7.3.6. Others 8. Global Digestive Health Supplements Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 9.1.1. Powder 9.1.2. Tablet 9.1.3. Capsule 9.1.4. Liquid 9.1.5. Others 9.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 9.2.1. Prebiotics 9.2.2. Probiotics 9.2.3. Enzymes 9.2.4. Fulvic Acid 9.2.5. Others 9.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 9.3.1. Supermarket 9.3.2. Convenience Store 9.3.3. Specialty Store 9.3.4. Pharmacies 9.3.5. E-Commerce 9.3.6. Others 10. North America Digestive Health Supplements Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 12. Canada Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 13. Mexico Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 14. Europe Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 15. Europe Digestive Health Supplements Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 17. France Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 18. Germany Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 19. Italy Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 20. Spain Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 21. Sweden Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 22. CIS Countries Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 23. Rest of Europe Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 24. Asia Pacific Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 25. Asia Pacific Digestive Health Supplements Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 27. India Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 28. Japan Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 29. South Korea Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 30. Australia Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 31. ASEAN Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 32. Rest of Asia Pacific Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 33. Middle East Africa Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 34. Middle East Africa Digestive Health Supplements Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 36. GCC Countries Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 37. Egypt Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 38. Nigeria Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 39. Rest of ME&A Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 40. South America Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 41. South America Digestive Health Supplements Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 43. Argentina Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 44. Rest of South America Digestive Health Supplements Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Form, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Product, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Digestive Health Supplements Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Cargill, Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Arla Foods, Inc. 45.3.3. Nestle S.A. 45.3.4. BioGaia AB 45.3.5. Abbott Laboratories 45.3.6. Danone S.A. 45.3.7. Alimentary Health Limited 45.3.8. Pfizer, Inc. 45.3.9. Bayer AG 45.3.10. Koninklijke DSM N.V. 45.3.11. Chr. Hansen Holding 45.3.12. Lallemand 45.3.13. Yakult Honsha Co., Ltd. 45.3.14. Danisco A/S 45.3.15. NOW Foods 45.3.16. Proctor & Gamble 45.3.17. Nutrica NV 45.3.18. AMWAY 46. Primary Key Insights