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Liver Health Supplements Market

Market Insights on Liver Health Supplements covering sales outlook, demand forecast & up-to-date key trends

Liver Health Supplements Market By Form (Dry, Tablet, Powder, Liquid), Nature (Organic, Conventional), End User (Human Nutrition, Animal Nutrition), Source (Vitamins, Minerals, Botanicals), Distribution Channel (Online Retailers, Specialty Stores, Supermarkets/Hypermarkets) & Region - Forecast 2022-2032

Liver Health Supplements Market Overview

The global liver health supplements market size is set to exhibit growth at a CAGR of 5.6% in the forecast period. It is anticipated to be valued at US$ 9.4 Billion in 2022 and US$ 14.7 Billion in 2032. The increasing prevalence of liver diseases owing to the surging consumption of alcohol and fast food is set to propel the sales of liver health supplements in the upcoming years.

Report Attribute

Details

Liver Health Supplements Market Estimated Base Year Value (2021)

US$ 8.1 Billion

Liver Health Supplements Market Expected Market Value (2022)

US$ 9.4 Billion

Liver Health Supplements Market Anticipated Forecast Value (2032)

US$ 14.7 Billion

Liver Health Supplements Market Projected Growth Rate (2022-2032)

5.6% CAGR

Liver health and its functionality plays an important role in maintaining an individual’s body functions. The emergence of a large number of liver health supplements that can promote healthy liver function by cleansing and rejuvenating the liver is projected to augur well for the market.

These supplements help the liver in healing from harms caused by alcohol, trans-fat, sugar, and other toxins. Besides, these supplements aid in improving the blood flow of the liver, depolluting it, and accelerating the growth of new liver cells.

The increasing awareness about the availability of various health supplements and rising concerns regarding liver diseases are estimated to bode well for the global market. The surging cases of obesity and the rising incidence of fatty liver disease are some of the other factors that are likely to augment the market. 

Which are Some Prominent Drivers Spearheading Liver Health Supplements Market Growth?

The surging popularity of supplements with herbal ingredients, such as turmeric, milk thistle, mushrooms, artichoke leaf, and dandelion to maintain one’s liver health is projected to bolster the demand for liver health supplements in the forthcoming years. The rising adoption of milk thistle-based supplements among consumers owing to their ability to repair cells and ease symptoms of liver diseases, such as cancer, cirrhosis, and jaundice is also set to drive the market.

The rising consumption of vitamin supplements to maintain one’s wellbeing and body health backed by the rapid adoption of sedentary lifestyles is estimated to augur well for the global market. Powder-based supplements are also gaining immense popularity because of the ease of consumption and quick absorbability.

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What are the Challenges Faced by the Liver Health Supplements Industry?

Consuming too much of liver health supplements can increase the toxicity in an individual’s body. Some of the supplements may cause diarrhea as the body might not absorb them properly. These cannot completely replace nutrition as they often contain artificial ingredients. These can also cause various side-effects, such as dizziness, liver damage, headaches, and nausea. Spurred by the aforementioned factors, the live health supplements market growth may decline in the evaluation period.

Why is Europe Emerging as an Opportunistic Liver Health Supplements Market?

The rising consumption of alcohol and the increasing prevalence of chronic liver diseases in the U.K. and Germany are projected to boost the liver health supplements market in Europe. The rising healthcare expenditure by governments of these countries is another vital factor that is anticipated to drive the Europe live health supplements market share in future years.

As per the British Liver Trust, deaths due to liver disease in the U.K. surged by 400% and more than 40 people die every day from liver disease in this country. These numbers are expected to grow at a fast pace in the forthcoming years, thereby propelling the market across Europe.

Nandini Roy Choudhury
Principal Consultant
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How is Asia Pacific Contributing to Growth of the Liver Health Supplements Market?

The rising geriatric population and increasing expendable income in China and India are set to augment the Asia Pacific liver health supplements market growth in the assessment period. The surging adoption of a sedentary lifestyle is leading to the occurrence of various diseases associated with the liver. This factor is anticipated to bode well for the Asia Pacific market.

Many public and private organizations operating in developing countries are taking several initiatives to create more awareness among consumers regarding the availability of liver health supplements. The entry of numerous start-up companies in Asia Pacific is another crucial factor that is projected to aid the growth.

Market Competition

Some of the leading companies present in the global liver health supplements market include Balchem Corporation, Amway Corp., Aker Biomarine, GNC, Enzymedica, Sanofi, America’s Finest Inc., ADM Company, and Banyan Botanicals among others.

Majority of the reputed companies are focusing on expanding their geographic presence by developing new manufacturing facilities in various parts of the world. Meanwhile, a few other key players are aiming to enhance their pre-existing portfolios by introducing state-of-the-art products. Some of the other companies are investing huge sums in research and development activities to come up with innovative products to cater to the high unmet consumer demand.

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Report Scope

Report Attribute

Details

Growth Rate

CAGR of 5.6% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Form
  • Nature
  • End User
  • Source
  • Distribution Channel
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Balchem Corporation
  • Amway Corp.
  • Aker Biomarine
  • GNC
  • Enzymedica
  • Sanofi
  • America’s Finest Inc.
  • ADM Company
  • Banyan Botanicals

Customization

Available Upon Request

Key Segments Profiled in the Liver Health Supplements Industry Survey

By Form:

  • Dry
  • Tablet
  • Powder
  • Liquid

By Nature:

  • Organic
  • Conventional

By Source:

  • Vitamins
  • Minerals
  • Botanicals
  • Others

By End User:

  • Human Nutrition
  • Animal Nutrition

By Distribution Channel:

  • Online Retailers
  • Specialty Stores
  • Supermarkets/Hypermarkets

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Frequently Asked Questions

The global liver health supplements market is expected to surpass US$ 14.7 Billion in 2032.

Europe is set to lead the liver health supplements market in the forecast period.

Balchem Corporation, Amway Corp., Aker Biomarine, GNC, Enzymedica, Sanofi, America’s Finest Inc., ADM Company, and Banyan Botanicals are some of the renowned companies in the liver health supplements market.

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Nandini Roy Choudhury
Principal Consultant
LinkedIn
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Liver Health Supplements Market