The liver health supplements global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Liver Health Supplements Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The liver health supplements market size has grown strongly in recent years. It will grow from $10.1 billion in 2023 to $10.63 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to rising prevalence of liver diseases, growing awareness of the importance of liver health, aging population, diet and lifestyle.
The liver health supplements market size is expected to see strong growth in the next few years. It will grow to $13.14 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to growing popularity of self-care, non-alcoholic fatty liver disease, personalized nutrition, increasing popularity of e-commerce, holistic health approach. Major trends in the forecast period include advancements in liver health supplement research and development, natural and herbal ingredients, clinical research and transparency, detoxification products, nutraceutical innovation.
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Scope Of Liver Health Supplements Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Liver Health Supplements Market Overview
Market Drivers –
The rising consumption of alcohol is expected to propel the growth of the liver health supplements market going forward. Consumption of alcohol refers to the practice of consuming alcoholic beverages, which include the active element ethanol. Liver health supplements can be helpful for people with high alcohol consumption by providing support to the liver, which is responsible for removing toxins from the body. Supplements containing ingredients such as milk thistle, dandelion root and kudzu root can help support liver function by promoting detoxification and reducing inflammation. For instance, in December 2022, according to a report published by Kirin Holdings Company Limited, a Japan-based beverages company, about 185.60 million kiloliters of beer were consumed worldwide in 2021, a rise of 4.0% from the previous year. Therefore, the rising consumption of alcohol is driving the growth of the liver health supplements market.
Market Trends –
Major companies operating in the liver health supplements market are developing innovative products to sustain their position in the market. Advancements in innovative supplements are increasing as they help to stimulate the growth of new liver cells, which can help improve liver function. For instance, in March 2023, Evogen Nutrition, a US-based healthy lifestyle nutrition company, launched Evogen Liver Longer, a new dietary supplement that supports the liver. The supplement is designed to help liver health comprehensively and contains various liver-supporting ingredients, including tauroursodeoxycholic acid (TUDCA), siphons and milk thistle extract. These ingredients provide powerful antioxidant support to protect and improve liver function.
The liver health supplements market covered in this report is segmented –
1) By Product: Vitamin And Minerals; Herbal Supplements; Other Products
2) By Nature: Organic; Conventional
3) By Form: Dry; Tablets; Powder; Liquid
4) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Online Pharmacies
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Regional Insights –
Asia-Pacific was the largest region in the liver health supplements market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in liver health supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major players in the liver health supplements market are The Archer-Daniels-Midland Company, Sanofi SA, Amway Corp., Balchem Corporation, Himalaya Wellness Company, NOW Foods Inc., Metagenics Inc., Aker BioMarine ASA, Enzymedica Inc., Jarrow Formulas Inc., Garden of Life, Designs for Health Inc., Nature’s Way Products LLC, Swanson Healthcare Products Inc., Irwins Natural, Integria Healthcare Pty Ltd., Integrative Therapeutics Inc., Premier Research Labs, Gaia Herbs Inc., Pure Encapsulations Inc., Solgar Inc., Renew Life, NutraBio, Nature’s Bounty Inc., Nutralife Health Products Inc., Organifi, Terry Naturally Vitamins, Natures Craft, Source Naturals Inc., America’s Finest Inc.
Table of Contents
1. Executive Summary
2. Liver Health Supplements Market Report Structure
3. Liver Health Supplements Market Trends And Strategies
4. Liver Health Supplements Market – Macro Economic Scenario
5. Liver Health Supplements Market Size And Growth
…..
27. Liver Health Supplements Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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