The buyer may better understand the different drivers and restraints and how they will affect the market over the projected term with the use of a Liver Health Supplements Market research study. It also sheds light on recent advancements, new product releases, partnerships, mergers, and acquisitions that a number of important companies and brands have embraced. The best Liver Health Supplements Market study provides CAGR estimates for the base year 2022, the historic year 2021, and the forecast period of 2023–2030 in addition to evaluations of all the market drivers and constraints, which are primarily derived from SWOT analysis.
The superior Liver Health Supplements Market research study has been organized using the knowledge and creativity of a group of analysts, managers, forecasters, and researchers. The company profile, product details, capacity, production value, and market shares for each company from 2023 to 2030 are shown in this market report. This market study includes company profiles of major industry participants, a detailed examination of their core strengths, and a competitive landscape drawing. This expertly written study goes into great detail and focuses on major segments, market share, primary and secondary drivers, and geographic analysis. In order to create a great Liver Health Supplements Market business report, excellence and intelligibility are two of the most important criteria that must be met.
Explore Further Details about This Research Liver Health Supplements Market Report https://www.databridgemarketresearch.com/reports/global-liver-health-supplements-market
According to the Centers for Disease Control and Prevention (CDC), almost 4.5 million persons in the U.S. were diagnosed with liver disease in 2018. As a result, the rising prevalence of liver illnesses has increased consumer worries about liver health, pushing supplement adoption. The liver is the body's largest organ and is responsible for eliminating poisons from the body. It can detect hazardous compounds in the body and convert them to harmless material that may be eliminated. Vitamins, minerals, and herbal supplements can aid in increasing liver health and capacity to perform various activities.
Data Bridge Market Research analyses that the global liver health supplements market, which was USD 846.54 million in 2022, would rocket up to USD 1213.11 million by 2030 and is expected to undergo a CAGR of 4.60% during the forecast period. "Vitamin" of the product segment is dominating the market owing to technological advancements. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Market Definition
Liver health supplements are dietary products and formulations designed to support and promote the well-being and proper functioning of the liver. The liver is a vital organ responsible for various critical functions in the body, including detoxification, metabolism of nutrients, and the synthesis of important proteins. Liver health supplements typically contain a combination of vitamins, minerals, antioxidants, and herbal ingredients that are believed to benefit the liver.
Drivers
- Increasing Prevalence of Liver Diseases
The rising prevalence of liver diseases such as liver cancer, fatty liver disease, and others is estimated to enhance the market's growth. According to the European Association for the Study of the Liver, liver disorders cause roughly two million fatalities yearly, with one million deaths caused by cirrhosis complications and one million deaths caused by hepatocellular carcinoma and viral hepatitis.
- Increasing Investment in Healthcare Infrastructure
Another significant factor influencing the growth rate of the liver health supplements market is the rising healthcare expenditure, which helps improve its infrastructure. Also, various government organizations aim to improve the healthcare infrastructure by increasing funding, further influencing the market dynamics.
Recent Developments
- In July 2021, GNC Holdings Inc., a leading global health and wellness brand, announced the launch of its new liver health supplement called "Liver Health Formula". The supplement is formulated with ingredients like milk thistle extract, N-acetyl cysteine, and alpha-lipoic acid, which are known for their potential benefits in supporting liver health
- In March 2021, Nature's Way, a well-known herbal supplement brand, introduced a new liver health supplement called "Liver Health". The product is formulated with a blend of herbs, including milk thistle, dandelion, and turmeric, which are traditionally used to support liver function and detoxification
Global Liver Health Supplements Market Scope
The liver health supplements market is segmented on the basis of product, type, dosage form, end-users, and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Vitamins
- Minerals
- Herbal Supplements
- Plant-based antioxidants.
- Others
Type
- Over-the-Counter (OTC)
- Prescribed
- Homemade
- Others
Dosage Form
- Capsules
- Tablets
- Liquid
- Others
End-Users
- Hospitals
- Specialty Clinics
- Homecare
- Others
Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
Some of the major players operating in the liver health supplements market are:
- Himalaya Herbal Healthcare (India)
- Nutralife Health Products Inc. (U.S.)
- Herbalife International Inc. (U.S.)
- Dabur (India)
- Enzymedica (U.S.)
- Nature's Way Products, LLC. (U.S.)
- Danone India (India)
- Nestlé S.A (Switzerland)
- Swisse (Australia)
- Integria (Australia)
- Irwin Naturals (U.S.)
- Jarrow Formulas, Inc (U.S.)
- NOW Foods (U.S.)
- Swanson (U.S.)
- THE BOUNTIFUL COMPANY (U.S.)
- Gaia Herbs (U.S.)
- NUTRA HEALTHCARE PRIVATE LIMITED (India)
- BioThrive Sciences (U.S.)
Key Insights Of Liver Health Supplements Market Report
- The report comprises a detailed analysis of different segments and offers market valuations between 2023 to 2030.
- This study presents the analytical depiction of the Liver Health Supplements Market with the current trends and future estimations to determine the imminent investment pockets
- The report also reveals information with respect to key drivers, restraints, and opportunities coupled with a comprehensive analysis of the global Liver Health Supplements Market
- The forecast period of the market is assessed from 2024 to 2030 to highlight the Liver Health Supplements Marketgrowth scenario.
- Porter’s five forces analysis establishes the effectiveness of the buyers and suppliers in the business line.
- The key players in the industry are profiled to gain an understanding of the strategies adopted by them.
- This report provides the current trends and future estimations during the forecast period, which in turn aids in identify the prevailing market opportunities.
The company portfolio includes company synopsis, operating business sectors, business overview, product/service categories, and recent growth strategies adopted by them.
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