Global Liver Health Supplements Market by Product (Vitamins & Minerals, Herbal Supplements), by Dosage Form (Tablets, Capsules, Liquid) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2018, the global market for liver health supplements was worth USD 707.16 millions. The forecast period will see a CAGR rate of 4.32%. The rise in alcohol consumption and fast food has contributed to the increase in liver diseases like liver cancer and fatty liver disease. The Centers for Disease Control & Prevention reported that liver disease was diagnosed in almost 4.5 million Americans in 2018. The rising incidence of liver disease has led to increased concern among consumers about their liver health and prompted the growth of supplements.

Americans are more likely to consume supplements for liver health than those who don't drink. The market is expected to grow in the coming years due to a rising preference for nutritional supplements. According to data from the Council for Responsible Nutrition (CRN), nearly 77% of Americans have reported consuming dietary supplements in September 2019.

The market is expected to grow due to various initiatives by both the private and public sectors to raise awareness about liver health. The Kiss & Click campaign was launched by Amsety, a nutrition business, and Fatty Liver Foundation in March 2019. This campaign is intended to raise awareness about improving liver health. The British Liver Trust also runs campaigns to encourage early diagnosis and intervention, as well as increasing awareness about all types liver diseases. India's Institute of Liver and Biliary Sciences, based in Delhi (ILBS), runs various campaigns to raise awareness about hepatitis and improve the overall health of the organ.

Many developing countries like India and China have experienced significant economic growth in recent years. This has led to an increase in their GDP at Purchasing Power Parity. Due to their increased purchasing power and GDP-PPP, a middle class has developed. This has led to the middle-class adopting high quality supplements and health products. This will contribute to the market growth for liver health supplements.

Manufacturers have been focusing more on product launches in recent years to expand their market reach. Livwell Products LLC introduced drinkSMART in December 2016. This is a hangover and liver vitamin with vitamins. Gaia Herbs introduced a line of products called Mushroom Plus Herbs Collection in March 2017. It featured five products: Everyday Immune and Mental Clarity, Reishi+Turmeric and Cordyceps+, as well as Liver Defense.

Products Insights

The market share for herbal supplements was 61.1% in 2018. Supplements containing herbal ingredients such as milk thistle and dandelion, artichoke leaves, turmeric, and mushrooms, are popularly used for liver health. Because milk thistle is known to be good for your liver, consumers are embracing this milk thistle-based supplement. The segment is also growing because of the increasing awareness about natural products in India and the U.S., which has helped to increase its popularity. Consumer demand for mushroom-based supplements is expected to increase. Reishi and Chaga mushrooms are considered ideal herbs for detoxification.

The highest expected CAGR for vitamins and minerals will be 4.81% during the forecast period. Vitamins such as Vitamin A and Vitamin D, Vitamin E, Vitamin B12, and Vitamin E are all beneficial for the health of the digestive organs. Market growth is expected to be supported by an increase in vitamin supplement consumption to maintain health and well-being, as a result of people living sedentary lives.

Dosage form insights

The largest revenue share was 41.0% for capsules in 2018, Because the capsule allows ingredients to be mixed in one dosage form, it is widely accepted. This segment is projected to grow at the fastest rate of CAGR during the forecast period. Capsules protect sensitive ingredients in the stomach lining and minimize gastrointestinal irritation. Consumer awareness about the benefits of capsule-based supplements is increasing, which in turn drives the segment's growth.

Because of their long shelf life, tablets are preferable as a dosage form. There are many international and domestic brands that produce liver supplements in tablets and capsules. Supplements in the form liquids are also becoming more popular with children who have diseases of the digestive system.

The Powders segment will experience a CAGR in excess of 4.51% during the forecasted time. This dosage form is expected to have many benefits, including its quick absorption and ease of use. These supplements can be added to smoothies and other beverages. These products are being developed by key market players like Himalaya Herbal Health Care.

Regional Insights

Asia Pacific held the largest revenue share at nearly 35.5%, with the largest market share in 2018. The region's growth is due to rising disposable income, increasing prevalence of digestive tract disorders, and increased awareness about nutritional products. The demand for liver health supplements will also grow due to growing consumer interest in personalized nutrition. The majority of regional market share was held by the U.S. in 2018, due to the rising number of digestive tract diseases and the consumer's high interest in nutritional products. The North American market will be helped by the presence of many nutritional product manufacturers.

Over the next few years, Europe is expected to see a rise in the consumption of nutritional products, including those from Germany and the U.K. This will encourage the use of liver health supplements. The regional market's growth will be impacted by the rising popularity of vitamin products, especially among the working population.

Liver Health Supplements Market Insights

Key players operating in the market are Himalaya Herbal Healthcare; Natures Craft,Swisse;Thompson's (Integria Healthcare);Enzymedica; Nature's Bounty; Jarrow Formulas, Inc.;NOW Foods; Irwin's Natural; Gaia Herbs; and NUTRALife. These companies use key strategies to gain a competitive advantage in the market, including product launches, product differentiation and geographic expansion.

Market Report on Liver Supplements Scope

The report covers segments

This report predicts revenue growth at the global, regional, or country level and offers an analysis of industry trends for each sub-segment from 2014 to 2025. Grand View Research, Inc. analyzed the global market for liver health supplements based on product, dosage form, region.

• Product Outlook (Revenue USD Million, 2014-2025)

  • Vitamin & Minerals

  • Herbal Supplements

  • Other

• Outlook for Dosage Form (Revenue, USD million, 2014-2025)

  • Capsules

  • Tablets

  • Liquid

  • Powder

  • Other

• Regional Outlook (Revenue USD Million , 2014-2025)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • Spain

    • Italy

    • France

    • Russia

    • China

  • Asia Pacific

    • Japan

    • India

    • Australia

    • Singapore

    • South Korea

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

    • UAE

These are the most frequently asked questions about this report

b. Global market for liver health supplements was valued at USD 735.95 Million in 2019. It is projected to grow to USD 766.44 Million in 2020.

b. Global liver health supplements market will grow at a compound annual rate of 4.3% between 2019 and 2025, reaching USD 948.6 millions.

b. With a market share of 60.9%, herbal supplements dominated the liver supplements market in 2019. This is due to growing awareness of the health benefits of natural products worldwide.

b. Some of the key players in the liver supplements market are Himalaya Herbal Healthcare, Natures Craft, Swisse, Thompson's (Integria Healthcare); Enzymedica, Nature's Bounty, Enzymedica, Enzymedica, Enzymedica, Enzymedica, Enzymedica, Nature's Bounty, Jarrow Formulas, Inc., NOW Foods, Irwin's Natural.

b. Market growth is driven by the rising prevalence of liver diseases like liver cancer and fatty liver disease and the growing interest of consumers in dietary supplements.

Up Market Research published a new report titled “Liver Health Supplements Market research report which is segmented by Product (Vitamins & Minerals, Herbal Supplements), by Dosage Form (Tablets, Capsules, Liquid), By Players/Companies Himalaya Herbal Healthcare; Natures Craft, Swisse; Thompson's (Integria Healthcare); Enzymedica; Nature's Bounty; Jarrow Formulas, Irwin’s Natural, Inc; NOW Foods”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Liver Health Supplements Market Report Segments:

The market is segmented by Product (Vitamins & Minerals, Herbal Supplements), by Dosage Form (Tablets, Capsules, Liquid).

Liver Health Supplements Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Liver Health Supplements Market

Overview of the regional outlook of the Liver Health Supplements Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Liver Health Supplements Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Liver Health Supplements Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Vitamins & Minerals

                2. Herbal Supplements

                1. Tablets

                2. Capsules

                3. Liquid

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Liver Health Supplements Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Liver Health Supplements Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.