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Liver Health Supplements Market Size

  • Report ID: GMI9890
  • Published Date: Jun 2024
  • Report Format: PDF

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Liver Health Supplements Market Size

Liver Health Supplements Market size was valued at USD 9.5 billion in 2023 growing at a CAGR of 5.6% between 2024 and 2032, driven by factors such as the rising prevalence of liver disease.

 

Liver Health Supplements Market

As liver diseases such as fatty liver disease, hepatitis, and cirrhosis become more prevalent globally due to factors such as sedentary lifestyles, obesity, excessive alcohol consumption, and viral infections, there is a growing need for supplements that support liver health. For instance, as per the report published by World Health Organization it has been estimated that 254 million people were living with chronic hepatitis B infection in 2022, with 1.2 million new infections each year.
 

In 2022, hepatitis B resulted in an estimated 1.1 million deaths, mostly from cirrhosis and hepatocellular carcinoma (primary liver cancer).  Thus, the rapid increase in the prevalence of liver disease such as hepatitis globally is the major factor that is anticipated to increase the demand for liver health supplements, thereby boosting the growth of the market. Liver health supplements are dietary supplements specifically formulated to support and maintain the health and function of the liver. These supplements typically contain a combination of vitamins, minerals, herbs, amino acids, and other nutrients known for their beneficial effects on liver function.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Liver health supplements industry size was USD 9.5 billion in 2023 and will grow at 5.6% CAGR between 2024 and 2032 due to increasing awareness of liver diseases, rising prevalence of conditions like fatty liver disease and hepatitis, and growing adoption of unhealthy lifestyles.

The herbal supplements segment in the market recorded 3.4 billion in 2023, driven by the rising preference for organic and plant-based products, coupled with extensive research validating the benefits of herbal ingredients.

North America liver health supplements industry held 38.1% share in 2023, attributed to the robust healthcare infrastructure, high prevalence of liver diseases, and growing consumer awareness regarding preventive healthcare measures.

Key players operating in the liver health supplements industry are AdvaCare Pharma, Carbamide Forte, Dabur, Gaia Herbs, Himalaya Wellness Company, Irwin Naturals, Jarrow, Formula, Inc., Life Extension, Metagenics Pvt. Ltd., Nature

Liver Health Supplements Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 18
  • Tables & Figures: 180
  • Countries covered: 22
  • Pages: 252
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