Digestive Health Market Poised for Growth, Digital Solutions Gain Traction
By 247sports.news Staff
Market Expansion and Key Trends
The U.S. Digestive health products market is experiencing robust growth, estimated at USD 13.53 billion in 2023
, and is projected to grow at a compound annual growth rate (CAGR) of 8.3% from 2024 to 2030. This expansion is fueled by a growing focus on overall health and increasing demand for nutritional food additives.
A significant trend driving the market is the increasing use of digestive health products, including probiotics, for the treatment of mental illness. This evolving application is contributing to the overall growth of the probiotics market within the U.S.
Digital Health Solutions Emerge
Digital programs are playing an increasingly important role in digestive health management. Companies like Vivante Health are offering digital programs, such as GIThrive, which include a 24-7 support line to a gastrointestinal care team
. Other companies, such as Oshi Health, are revolutionizing the diagnosis and treatment of digestive conditions through virtual-first medical practices.
Salvo Health provides a virtual clinic geared toward individuals with chronic gut problems, including conditions like irritable bowel syndrome (IBS) and gastroesophageal reflux disease (GERD).
Industry Landscape and Investment
The U.S. Digestive health products market accounted for 26.21% of the global market in 2023. Key players have a strong manufacturing presence in the U.S., alongside a growing number of new start-ups focused on protein sources. This competitive landscape is driving innovation and further market growth.
Investment in the sector is substantial, with companies like Vivante Health securing $58.8M
in funding and Seres Therapeutics receiving $537.8M
.
Business Opportunities
Opportunities exist for businesses focused on personalized nutrition and supporting health professionals. Meal Garden is partnering with Metabolic Balance to help coaches scale personalized nutrition, without burning out
.
Experts suggest that helping clients achieve results faster is key to success in the digestive wellness space.
FAQ
- What is driving the growth of the digestive health market? A growing focus on health and the increasing demand for nutritional and fortifying food additives are key factors.
- Are digital solutions becoming more important? Yes, digital programs and virtual clinics are gaining traction in the diagnosis, management, and treatment of digestive health conditions.
- What is the projected growth rate of the market? The market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
