The global digestive and intestinal remedies market size was US$ 18,250 million in 2021. The global digestive and intestinal remedies market size is estimated to reach US$ 25,090 billion by 2030, growing at a compound annual growth rate (CAGR) of 3.6% during the forecast period from 2022 to 2030.
Gastrointestinal (GI) symptoms such as indigestion, heartburn, bloating and constipation are commonly seen in digestive disorders. For example, diseases such as acid reflux show symptoms such as heartburn and nausea. Symptoms like abdominal pain, bloating, constipation, gas, and diarrhea are seen in diseases like irritable bowel syndrome.
The prognosis of these conditions differs widely depending on the type, cause, and stringency of the condition. Treatment of these situations may track the use of antibiotics. However, some over-the-counter medications are used to treat various digestive conditions including antacids for acid reflux, antidiarrheals for chronic diarrhea, and stool softeners or laxatives for chronic constipation.
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Factors Affecting Marketing Growth
The rise in cases of gastrointestinal disorders, changes in natural food habits, and high demand for related over-the-counter products are driving the growth of the global market.
The rise in the prevalence of digestive diseases such as inflammatory bowel disease, constipation, irritable bowel syndrome, and gastroesophageal reflux disease, and growing healthcare expenditure drive the growth of the global market.
The rise in consumption of complementary food products and the availability of alternative treatments for gastrointestinal diseases are expected to hinder the growth of the global market.
Impact on COVID-19 Analysis
The COVID-19 pandemic had a positive impact on the global market owing to the high research and development activities regarding the role of the gastrointestinal tract in the COVID-19 pandemic. Furthermore, the rising prevalence of certain gastrointestinal diseases also helped forecast the global market amid the pandemic situation.
Regional Analysis
Europe recorded the largest share of revenue in 2021 and is expected to maintain its dominance from 2022 to 2030 due to the presence of a large patient population, strong presence of key players, ease of drug availability, well-developed healthcare infrastructure, a higher number of research, development and innovation activities and greater adoption of advanced medical sciences.
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Leading Competitors
The prominent players in the global digestive and intestinal remedies market are:
Takeda Pharmaceutical Company Limited
Taisho Pharmaceutical Holdings Co Ltd
Reckitt Benckiser Group plc
Sanofi S.A.
Prestige Consumer Healthcare Inc.
Procter & Gamble Company
Menarini Group
Eli Lilly and Company
Jiang Zhong Pharmaceutical Co Ltd
Abbott Laboratories
Others
Segmentation Analysis
The global digestive and intestinal remedies market segmentation focus on Type, Age Group, Distribution Channel, and Region.
Segmentation on the basis of Type
Gastrointestinal Agents and Remedies
Digestive Medicines
Segmentation on the basis of Age Group
Adult
Pediatric
Segmentation on the basis of Distribution Channel
Offline
Online
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Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Digestive & Intestinal Remedies market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Digestive & Intestinal Remedies market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Digestive & Intestinal Remedies market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Digestive & Intestinal Remedies business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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