The global liver health supplements market is estimated to grow at a CAGR of 4.5% during the forecast period (2024-2031). The market growth is driven by the growing incidences of liver diseases (such as Non-Alcoholic Fatty Liver Disease (NAFLD), liver cancer, and more), increasing demand for dietary supplements, and the shift towards a healthy lifestyle. New product launches are also supporting the industry's growth. The market is segmented into the product (into vitamins and minerals, herbal supplements, and others), dosage form (into capsule, tablet, powder, liquid, and others), distribution channel (into online and offline), and geographies (into North America, Europe, Asia-Pacific, and the Rest of the World). Offline is further sub-segmented into specialty stores, supermarkets hypermarkets, and others.
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Market Highlights and Recent Developments
The major players in the global liver health supplements market include Amway Corp., The Himalaya Drug Co., BASF SE, General Nutrition Corp., Vitaco Health Ltd., and others. The market players are contributing considerably to the market growth by the adoption of various market strategies. For instance, in November 2019, BASF Nutrition & Health declared to launch an omega 3 fatty acid solution, Hepacor in Switzerland. It is manufactured with proprietary technology which aims to support patients to manage NAFLD. With this launch in Switzerland, BASF is bringing Hepacor to the first market in continental Europe.
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