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Global Liver Health Supplements Market – Industry Trends and Forecast to 2029

  • Pharmaceutical
  • Upcoming Report
  • Apr 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Pharmaceutical
  • Upcoming Report
  • Apr 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Liver Health Supplements Market, By Product (Vitamins, Minerals, Herbal Supplements, Others), Type (Over-the-Counter (OTC), Prescribed, Homemade, Others), Dosage Form (Capsules, Tablets, Liquid), Route of Administration (Oral, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others) – Industry Trends and Forecast to 2029

Liver Health Supplements Market

Market Analysis and Size

In recent years, the liver health supplements market is anticipated to grow rapidly during the forecast period. According to the Centers for Disease Control and Prevention (CDC), almost 4.5 million persons in the United States 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 has the ability to detect hazardous compounds in the body and convert them to harmless material that may then be eliminated. Vitamins and minerals and herbal supplements can aid in increasing liver health and capacity to perform various activities.

Data Bridge Market Research analyses that the liver health supplements market was valued at USD 809.31 million in 2021 and is expected to reach USD 1,159.75 million by 2029, registering a CAGR of 4.60% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Definition

External items that may be herbal or chemical compounds derived for medical purposes include liver health supplements. Because the liver is the largest organ in the human body, it plays a critical role in the system. The liver assists the individual in detecting hazardous compounds in the body, converting them to harmless material and allowing the body to eliminate them. The liver's primary purpose is to maintain a healthy blood supply and improve blood flow throughout the circulatory system. It has the potential to have a more positive impact on the other organs involved in this process, such as the stomach, spleen, and gall bladder.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product (Vitamins, Minerals, Herbal Supplements, Others), Type (Over-the-Counter (OTC), Prescribed, Homemade, Others), Dosage Form (Capsules, Tablets, Liquid), Route of Administration (Oral, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Himalaya Herbal Healthcare (India), Nutralife Health Products Inc. (US), Herbalife International Inc. (US), Dabur (India), Enzymedica (US), Nature's Way Products, LLC. (US), Danone India (India), Nestlé S.A (Switzerland), Swisse (Australia), Integria (Australia), Irwin Naturals (US), Jarrow Formulas, Inc (US), NOW Foods (US), Swanson (US), THE BOUNTIFUL COMPANY (US), Gaia Herbs (US), NUTRA HEALTHCARE PRIVATE LIMITED (India), BioThrive Sciences (US)

Market Opportunities

 

  • Increase in the number of emerging markets
  • Increase in the number of research and development activities
  • Rising investment for the development of advanced technologies
  • Surging drug approvals and launches

Liver Health Supplements Market Dynamics

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 worldwide each year, with one million deaths caused by cirrhosis complications and one million deaths caused by hepatocellular carcinoma and viral hepatitis.

  • Increasing investment for healthcare infrastructure

Another significant factor influencing the growth rate of liver health supplements market is the rising healthcare expenditure which helps in improving its infrastructure. Also, various government organizations aims to improve the healthcare infrastructure by increasing funding and this will further influence the market dynamics.

Furthermore, rising initiatives by public and private organizations to spread awareness will expand the Liver health supplements market. Additionally, changing lifestyles of people such as high consumption of fast food and alcohol and rising level of disposable income, will result in the expansion of liver health supplements market. Along with this, rising incidence of obesity and growing health awareness among people will enhance the market's growth rate.

Opportunities

  • Increase in the number of research and development activities       

Moreover, the market's growth is fueled by an increase in the number of research and development activities. This will provide beneficial opportunities for the liver health supplements market growth. Along with this, rising drug approvals and launches will further propel the market's growth rate. 

Moreover, rising investment for the development of advanced technologies and increase in the number of emerging markets will further provide beneficial opportunities for the Liver health supplements market growth during the forecast period.

Restraints/Challenges

On the other hand, high cost associated with the supplements will obstruct the growth rate of market. The dearth of skilled professionals and lack of healthcare infrastructure in developing economies will challenge the liver health supplements market. Additionally, patient's self-medication without consulting to physician and lack of awareness among people will act as restrain and further impede the growth rate of market during the forecast period of 2022-2029.

This liver health supplements market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Liver health supplements market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Patient Epidemiology Analysis

Liver health supplements market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analyses of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.

COVID-19 Impact on Liver Health Supplements Market

Since its emergence in December 2019, the COVID-19  virus has spread to nearly every country on the planet, prompting the World Health Organization (WHO) to declare it a public health emergency. COVID-19, a new coronavirus, was identified as the causal agent in the pneumonia cases. This virus spread quickly over the world, killing a large number of people. COVID-19 was labelled a global pandemic by the World Health Organization (WHO) in March 2020, and rigorous measures to prevent the disease's spread were recommended. Since then, the pandemic has delayed the expansion of the healthcare sector and disrupted the supply chain. Furthermore, governments in many nations had imposed nationwide lockdowns to halt the spread of COVID-19. Similarly, healthcare organizations in numerous nations throughout the world were having difficulty continuing their supply chain activities. The supply chain slowness hampered the liver health supplements market.

Global Liver Health Supplements Market Scope

The liver health supplements market is segmented on the basis of product, type, dosage form, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze 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

Dosage Form

  • Capsules
  • Tablets
  • Liquid

Route of Administration

End-Users

  • Hospitals
  • Specialty Clinics
  • Homecare
  • Others

Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy
  • Others

Liver Health Supplements Market Regional Analysis/Insights

The liver health supplements market is analysed and market size insights and trends are provided by country, product, type, dosage form, route of administration, end-users and distribution channel as referenced above.

The countries covered in the liver health supplements market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

North America dominates the liver health supplements market because of the rising number of research and development activities in this region. Additionally, rising healthcare expenditure and presence of major key players and skilled professionals will further propel the market's growth rate in this region.

Asia-Pacific are expected to grow during the forecast period due to the increasing level of disposable income and increased use of health supplements in this region. Also, the development of healthcare infrastructure and easily availability of herbal supplements will further propel the market's growth rate in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Liver Health Supplements Market Share Analysis

The Liver health supplements market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Liver health supplements market.

Some of the major players operating in the liver health supplements market are:

  • Himalaya Herbal Healthcare (India)
  • Nutralife Health Products Inc. (US)
  • Herbalife International Inc. (US)
  • Dabur (India)
  • Enzymedica (US)
  • Nature's Way Products, LLC. (US)
  • Danone India (India)
  • Nestlé S.A (Switzerland)
  • Swisse (Australia)
  • Integria (Australia)
  • Irwin Naturals (US)
  • Jarrow Formulas, Inc (US)
  • NOW Foods (US)
  • Swanson (US)
  • THE BOUNTIFUL COMPANY (US)
  • Gaia Herbs (US)
  • NUTRA HEALTHCARE PRIVATE LIMITED (India)
  • BioThrive Sciences (US)


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Frequently Asked Questions

The market value for Liver Health Supplements Market is expected USD 1,159.75 million by 2029.
The Liver Health Supplements Market is to grow at a CAGR of 4.60% during the forecast by 2029.
On the basis of product, the Liver Health Supplements Market is segmented into Vitamins, Minerals, Herbal Supplements, Others.
The major players operating in the Liver Health Supplements Market are Himalaya Herbal Healthcare (India), Nutralife Health Products Inc. (US), Herbalife International Inc. (US), Dabur (India), Enzymedica (US), Nature's Way Products, LLC. (US), Danone India (India), Nestlé S.A (Switzerland), Swisse (Australia), Integria (Australia), Irwin Naturals (US), Jarrow Formulas, Inc (US), NOW Foods (US), Swanson (US), THE BOUNTIFUL COMPANY (US), Gaia Herbs (US), NUTRA HEALTHCARE PRIVATE LIMITED (India), BioThrive Sciences (US).