Market Research Future (MRFR) has published a cooked research report on the “Global Liver health supplements Market” that contains information from 2018 to 2032. The liver health supplements market is estimated to register a CAGR of 5.90% during the forecast period of 2023 to 2032.
Global Liver Health Supplements Market Highlights
The global liver health supplements market is accounted to register a CAGR of 5.90% during the forecast period and is estimated to reach USD 14.23 billion by 2032.
The liver, the most important organ in vertebrates, breaks down poisons and excretes them from the body through an excretion system. For a body to be healthy, the liver's condition and functionality must be good. Supplements for liver health can support healthy liver function by regenerating and purifying the liver. the rising frequency of liver disorders such as obesity, severe cirrhosis, fatty liver, and liver cancer among the World's population. The sector will also grow throughout the projection period due to the general population's propensity for alcohol use.
Additionally, the liver's health will be impacted and may suffer harm if you consume many salty and packaged foods and beverages with high sugar. The market is predicted to boom shortly due to the increase in people adopting such items. However, the lack of government oversight of health supplements may slow the market's expansion for liver supplements in the short term.
MRFR recognizes the following companies as the key players in the global liver health supplements market— NUTRALife, Himalaya Herbal Healthcare, Enzymedica, Gaia Herbs, Thompson’s (Integria Healthcare), Jarrow Formulas, Inc., NOW Foods, Swanson Health Products, Nature’s Way, Nature’s Bounty, Irwins Naturalueensland Nitrates Pty Ltd.
Segment Analysis
The global liver health supplements market has been segmented based on product and dosage form.
Based on product, the market is segmented into vitamins & minerals, herbal supplements, and others. The herbal supplements segment was attributed to holding the largest market share in 2022. It is especially useful in treating nonalcoholic fatty liver disease (NAFLD), a common hepatic symptom of metabolic syndrome. Millions of individuals use milk thistles to keep their livers healthy.
Based on dosage form, the global liver health supplements market has been segmented into capsules, tablets, powder, and others. The tablets segment was expected to hold the largest market share in 2022. The increased consumer knowledge of the benefits of capsule formulations is fueling demand for these supplements in capsule form, aiding the segment's growth.
Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Liver health supplements Market Research Report
Regional Analysis
Based on region, the global liver health supplements market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of US and Canada. The Europe liver health supplements market comprises Germany, France, the UK, Italy, Spain, and the Rest of Europe. Asia-Pacific's liver health supplements market has been segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia-Pacific. The Rest of the World's liver health supplements market comprises the Africa,Middle East, and Latin America.
The North American regional sector maintained the largest market share for liver health supplements. Increased healthcare spending, alcohol use and liver disease prevalence, and more consumer knowledge of nutritional goods. Thus, it is projected that an increase in the incidence of liver illnesses over the forecast period will drive the market. Moreover, 6.7% of American people had Alcohol Use Disorder (AUD) in 2022, according to data from the National Centre for Drug Abuse Statistics (NCDAS). Along with this, the prevalence of obesity is rising, and people are becoming more concerned about their health, accelerating market growth.
Moreover, the Europe market has been persistently growing over the forecast period. Increased dietary product consumption in nations like Germany and the U.K. would encourage using supplements for liver health. Additionally, the regional market is anticipated to increase significantly shortly due to the growing usage of vitamin products, particularly among the working population.
A few variables influencing regional growth include increased disposable income, rising digestive tract illness prevalence, and expanding consumer knowledge of nutritious products. Additionally, the rising consumer appeal of personalized nutrition is anticipated to influence the regional demand for liver health supplements.
Furthermore, the Rest of the World's liver health supplements market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's expansion due to concerns about the product's suitability and liver health.
Key Findings of the Study
- The global liver health supplements market is expected to reach USD 14.23 billion by 2032, at a CAGR of 5.90% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market due to the increasing digestive tract illness prevalence
- Based on dosage form, the capsule segment was attributed to holding the largest market in 2022, with an approximate market share of 45–65%.
- NUTRALife, Himalaya Herbal Healthcare, Enzymedica, Gaia Herbs, Thompson’s (Integria Healthcare), Jarrow Formulas, Inc., NOW Foods, Swanson Health Products, Nature’s Way, Nature’s Bounty, Irwins Naturalueensland Nitrates Pty Ltd.
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Companies Covered | 15 |
Pages | 128 |
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