Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 885.93 Million | USD 1341.73 Million | 4.72% | 2023 |
The global liver health supplements market size was worth around USD 885.93 Million in 2023 and is predicted to grow to around USD 1341.73 Million by 2032 with a compound annual growth rate (CAGR) of roughly 4.72% between 2024 and 2032. The report analyzes the global liver health supplements market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the liver health supplements industry.
The report covers forecasts and analyses for the global liver health supplements market. In-depth secondary research is used to ascertain the overall market size, top industry players, top products, industry associations, etc. Macroeconomic indicators such as healthcare industry outlook, healthcare spending, research funding, and GDP along with company websites, company annual reports, white papers, financial reports and other saws have also been considered to arrive at the indicated market numbers.
Liver Health Supplements Market: Overview
The liver being the largest internal organ of the body collects all the toxins and breaks them down to release these out of the body. Liver functionality and health are very important for healthy body functioning. Due to decreasing food quality, increased alcohol and fast food consumption chronic liver diseases like liver hepatitis, liver cirrhosis, non-alcoholic fatty liver diseases, etc. are occurring prevalently due to which the consumption of liver health supplements has increased recently.
Liver Health Supplements Market: Dynamics
The study also includes drivers and restraints for liver health supplements along with the impact they have on the demand over the forecast period. Besides, the report includes the study of opportunities and trends available in the liver health supplements market on a global level. Growth in alcohol consumption has resulted in many health issues, including liver problems. Besides, decreased quality of food and increased usage of chemical fertilizers and adulteration of food products have majorly affected liver functioning thus propelling market growth. Moreover, various programs initiated by government and non-government authorities for the betterment of the malnourished population across developing countries have further driven consumers towards healthy supplement products like liver health supplements.
Liver Health Supplements Market: Segmentation
The study provides a decisive view of the liver health supplements market by segmenting the market based on product, nature, form, distribution channel, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
The market for liver health supplements is segmented based on products into vitamins & minerals, botanicals, and others. The botanicals or herbal supplements segment held the major share of the market in 2023 due to rising demand for molecular profiling by healthcare professionals Botanicals which contain herbal ingredients like dandelion, milk thistle, turmeric, artichoke leaf, and mushrooms are widely adopted for liver health. Milk thistle-based supplements are widely adopted by consumers as milk thistle since these have proved to be beneficial for liver health. Besides, growing benefits and awareness about natural products in countries like the U.S. and India are also supporting segmental growth. Based on nature the market is segmented into organic, and conventional. Organic supplements are likely to grow at a high CAGR in the forecast period. Mushroom-based supplements are gaining momentum in terms of demand among consumers.
Based on form the market is bifurcated into liquid, and dry. Dry form supplements held the major share of the market in 2023, however, liquid supplements are likely to grow at a high CAGR in the forecast period. Currently, domestic and international brands are developing liver supplements in the form of capsules and tablets. Besides, liquid supplements are gaining traction among children with diseases of the digestive system.
Based on distribution channels the market is bifurcated into online retailers, supermarkets/ hypermarkets, and specialty stores. Online retailers are likely to grow at a high CAGR in the forecast period.
Liver Health Supplements Market: Regional Insights
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries. North America and Europe combinedly held the major share of the market in 2023 due to rising consumption of nutritional food products in countries like the U.S., U.K., and Germany. Besides, the growing adoption of vitamin products among the working population has strongly impacted regional market growth.
Report Attributes | Report Details |
---|---|
Report Name | Liver Health Supplements Market |
Market Size in 2023 | USD 885.93 Million |
Market Forecast in 2032 | USD 1341.73 Million |
Growth Rate | CAGR of 4.72% |
Number of Pages | 230 |
Key Companies Covered | Enzymedica, Irwin’s Natural, Jarrow Formulas, Thompson's (Integria Healthcare), Swisse, Natures Craft, Nature's Bounty, NOW Foods, NUTRALife, Gaia Herbs and Himalaya Herbal Healthcare |
Segments Covered | By Product, By Nature, By Form, By Distribution Channel, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The report also provides a company market share analysis to give a broader view of the key players in the market. Industry insights and information are delivered in the required format. ZMR develops a list of industry players (manufacturers), distributors, retailers and industry experts. Some of the players in the market for liver health supplements include :
This report segments the global liver health supplements market as follows:
Global Liver Health Supplements Market: Product Segment Analysis
Global Liver Health Supplements Market: Nature Segment Analysis
Global Liver Health Supplements Market: Form Segment Analysis
Global Liver Health Supplements Market: Distribution Channel Segment Analysis
Global Liver Health Supplements Market: Regional Segment Analysis
FrequentlyAsked Questions
Liver health supplements are dietary supplements designed to support liver function and overall well-being. While they are not a substitute for a healthy lifestyle or medical treatment for liver conditions, they can offer additional support.
According to a study, the global liver health supplements market size was worth around USD 885.93 million in 2023 and is expected to reach USD 1341.73 million by 2032.
The global liver health supplements market is expected to grow at a CAGR of 4.72% during the forecast period.
North America and Europe is expected to dominate the liver health supplements market over the forecast period.
Leading players in the global liver health supplements market include Enzymedica, Irwin’s Natural, Jarrow Formulas, Thompson's (Integria Healthcare), Swisse, Natures Craft, Nature's Bounty, NOW Foods, NUTRALife, Gaia Herbs and Himalaya Herbal Healthcare, among others.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed