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Digestive & Intestinal Remedies Market Trends

  • Report ID: GMI11167
  • Published Date: Sep 2024
  • Report Format: PDF

Digestive & Intestinal Remedies Market Trends

  • The rising incidence of gastrointestinal diseases significantly drives the digestive and intestinal remedies market.
     
  • For example, the Canadian Digestive Health Foundation reports that almost 17% of Canadian adults suffer from GERD. Symptoms reported include chest pain, chronic cough, heartburn, sleep apnea, regurgitation, and belching. Factors like a high intake of processed foods and being overweight contribute to this condition, leading to increased demand for digestive and intestinal remedies.
     
  • Conditions such as Gastroesophageal Reflux Disease (GERD), irritable bowel syndrome (IBS), peptic ulcers, constipation, diarrhea, inflammatory bowel disease (IBD), and gastroenteritis often require remedies like digestive enzymes, anti-diarrheal medications, and fiber supplements, underscoring their importance in managing these ailments.
     
  • As global cases of gastrointestinal conditions rise, so does the demand for effective treatments, driving market expansion.
     
  • The over-the-counter availability of these remedies further boosts their adoption rate.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The digestive & intestinal remedies market was valued at USD 19.5 billion in 2023 and will witness a 3.5% CAGR between 2024 and 2032 driven by the rising incidence of gastrointestinal disorders.

The digestive medicines segment in the digestive & intestinal remedies industry will attain USD 10.3 billion by 2032, due to its specifically formulated to alleviate various digestive issues.

North America digestive & intestinal remedies market was worth USD 8 billion in 2023 and is expected to surpass USD 10.8 billion by 2032, owing to the popularity of over the counter (OTC) digestive solutions.

Abbott Laboratories, Bayer AG, C.H. Boehringer Sohn AG & Co. KG., China Resources Pharmaceutical Group Limited, and Eli Lilly and Company, among others.

Digestive & Intestinal Remedies Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 219
  • Countries covered: 22
  • Pages: 123
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