The digestive bitters market size has grown strongly in recent years. It will grow from $1.5 billion in 2023 to $1.62 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. During the historic period, growth in the use of digestive bitters can be attributed to the evolution and popularization of these remedies, historical practices such as infusing medicinal herbs in wine, increasing prevalence of self-medication trends, growing reliance on self-diagnosis practices, and rising consumption of fast food leading to greater interest in digestive aids.
The digestive bitters market size is expected to see strong growth in the next few years. It will grow to $2.18 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The forecasted growth can be attributed to several factors including the development of commercial aromatic bitters, which have experienced a resurgence in popularity as health aids. Additionally, the growing availability of e-commerce channels has expanded access to these products. There is also increasing consumer preference for natural and organic products, which has further bolstered demand. Moreover, the expanding geriatric population has contributed to increased interest in digestive health products. Major trends expected in the forecast period include innovations in herbal extracts and botanicals used in traditional medicine, which are influencing new business development and investment in the sector. There is also a trend towards creating novel products and leveraging technology to enhance the effectiveness and appeal of digestive bitters.
The digestive bitters market is set to grow driven by increasing demand for natural and organic products. Natural products use ingredients sourced from nature, while organic products adhere to stringent standards in organic agriculture, reflecting consumer preferences for sustainable and eco-friendly choices. This trend is fueled by heightened awareness of health and environmental issues. Digestive bitters play a vital role in this market by offering plant-based solutions that support digestive health, enhancing the appeal and effectiveness of natural and organic offerings. For example, the UK government reported an increase in organically grown cereal crops and vegetables in 2022, underscoring the rising demand for natural and organic products that drives the digestive bitters market.
Leading companies in the digestive bitters market are innovating with products such as cocoa bitters to meet the needs of health-conscious consumers seeking flavorful and functional options. Cocoa bitters, introduced by Spain-based Angostura in September 2021, infuse the rich flavors of cocoa and chocolate into cocktails and beverages. Crafted with Trinitario cocoa and a blend of herbs, spices, and botanicals, these bitters offer a luxurious, indulgent taste profile ideal for enhancing both sweet and savory culinary creations. Designed to complement aged spirits such as whiskey, rum, cognac, and tequila, cocoa bitters add depth and complexity to cocktails, appealing to those who enjoy sophisticated flavor experiences.
In October 2021, Evonik, a specialty chemicals company based in Germany, acquired Botanica to strengthen its position in sustainable botanical extracts and active ingredients. This strategic move underscores Evonik's commitment to providing high-quality solutions for the personal care market and solidifies its reputation as a preferred partner in the industry. Botanica, a US-based company specializing in digestive bitters, aligns with Evonik's focus on sustainability and innovation in botanical-based products.
Major companies operating in the digestive bitters market are Jagermeister, Aperol, Steadfast Herbs, Gruppo Montenegro, Quicksilver Scientific Inc., SALUS-Haus, Mountain Rose Herbs, Napiers the Herbalists, Harmonic Arts, Urban Moonshine, Zwack Unicum Plc, St. Francis Herb Farm, OWL Venice, Natural Hope Herbals, King Floyd, Josh Gitalis, Areté Herbs, Avena Botanicals, Granary Herbs Ltd., Botanica.
Europe was the largest region in the digestive bitters market in 2023. The regions covered in the digestive bitters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the digestive bitters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Digestive bitters are herbal preparations or tinctures derived from bitter-tasting plants and herbs, traditionally utilized to stimulate and enhance digestive function. These formulations typically feature extracts or infusions of bitter herbs, roots, and spices, which are believed to promote the secretion of digestive juices and enzymes in the stomach and pancreas.
The primary types of digestive bitters include aromatic bitters, nutritive bitters, and true bitters. Aromatic bitters combine a blend of aromatic herbs, spices, and botanicals to create a complex and bittersweet flavor profile. These products are packaged in various forms such as plastic bottles, tetra packs, cans, and glass bottles, and are distributed through supermarkets, convenience stores, over-the-counter outlets, and online platforms. They find diverse applications including use in restaurants and retail settings.
The digestive bitters market research report is one of a series of new reports that provides digestive bitters market statistics, including the digestive bitters industry global market size, regional shares, competitors with a digestive better market share, detailed chain triglycerides market segments, market trends, and opportunities, and any further data you may need to thrive in the digestive bitters industry. This digestive bitters market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The digestive bitters market consists of the sales of aromatic bitters, orange bitters, and cocoa bitters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The digestive bitters market size is expected to see strong growth in the next few years. It will grow to $2.18 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The forecasted growth can be attributed to several factors including the development of commercial aromatic bitters, which have experienced a resurgence in popularity as health aids. Additionally, the growing availability of e-commerce channels has expanded access to these products. There is also increasing consumer preference for natural and organic products, which has further bolstered demand. Moreover, the expanding geriatric population has contributed to increased interest in digestive health products. Major trends expected in the forecast period include innovations in herbal extracts and botanicals used in traditional medicine, which are influencing new business development and investment in the sector. There is also a trend towards creating novel products and leveraging technology to enhance the effectiveness and appeal of digestive bitters.
The digestive bitters market is set to grow driven by increasing demand for natural and organic products. Natural products use ingredients sourced from nature, while organic products adhere to stringent standards in organic agriculture, reflecting consumer preferences for sustainable and eco-friendly choices. This trend is fueled by heightened awareness of health and environmental issues. Digestive bitters play a vital role in this market by offering plant-based solutions that support digestive health, enhancing the appeal and effectiveness of natural and organic offerings. For example, the UK government reported an increase in organically grown cereal crops and vegetables in 2022, underscoring the rising demand for natural and organic products that drives the digestive bitters market.
Leading companies in the digestive bitters market are innovating with products such as cocoa bitters to meet the needs of health-conscious consumers seeking flavorful and functional options. Cocoa bitters, introduced by Spain-based Angostura in September 2021, infuse the rich flavors of cocoa and chocolate into cocktails and beverages. Crafted with Trinitario cocoa and a blend of herbs, spices, and botanicals, these bitters offer a luxurious, indulgent taste profile ideal for enhancing both sweet and savory culinary creations. Designed to complement aged spirits such as whiskey, rum, cognac, and tequila, cocoa bitters add depth and complexity to cocktails, appealing to those who enjoy sophisticated flavor experiences.
In October 2021, Evonik, a specialty chemicals company based in Germany, acquired Botanica to strengthen its position in sustainable botanical extracts and active ingredients. This strategic move underscores Evonik's commitment to providing high-quality solutions for the personal care market and solidifies its reputation as a preferred partner in the industry. Botanica, a US-based company specializing in digestive bitters, aligns with Evonik's focus on sustainability and innovation in botanical-based products.
Major companies operating in the digestive bitters market are Jagermeister, Aperol, Steadfast Herbs, Gruppo Montenegro, Quicksilver Scientific Inc., SALUS-Haus, Mountain Rose Herbs, Napiers the Herbalists, Harmonic Arts, Urban Moonshine, Zwack Unicum Plc, St. Francis Herb Farm, OWL Venice, Natural Hope Herbals, King Floyd, Josh Gitalis, Areté Herbs, Avena Botanicals, Granary Herbs Ltd., Botanica.
Europe was the largest region in the digestive bitters market in 2023. The regions covered in the digestive bitters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the digestive bitters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Digestive bitters are herbal preparations or tinctures derived from bitter-tasting plants and herbs, traditionally utilized to stimulate and enhance digestive function. These formulations typically feature extracts or infusions of bitter herbs, roots, and spices, which are believed to promote the secretion of digestive juices and enzymes in the stomach and pancreas.
The primary types of digestive bitters include aromatic bitters, nutritive bitters, and true bitters. Aromatic bitters combine a blend of aromatic herbs, spices, and botanicals to create a complex and bittersweet flavor profile. These products are packaged in various forms such as plastic bottles, tetra packs, cans, and glass bottles, and are distributed through supermarkets, convenience stores, over-the-counter outlets, and online platforms. They find diverse applications including use in restaurants and retail settings.
The digestive bitters market research report is one of a series of new reports that provides digestive bitters market statistics, including the digestive bitters industry global market size, regional shares, competitors with a digestive better market share, detailed chain triglycerides market segments, market trends, and opportunities, and any further data you may need to thrive in the digestive bitters industry. This digestive bitters market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The digestive bitters market consists of the sales of aromatic bitters, orange bitters, and cocoa bitters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Digestive Bitters Market Characteristics3. Digestive Bitters Market Trends and Strategies32. Global Digestive Bitters Market Competitive Benchmarking33. Global Digestive Bitters Market Competitive Dashboard34. Key Mergers and Acquisitions in the Digestive Bitters Market
4. Digestive Bitters Market - Macro Economic Scenario
5. Global Digestive Bitters Market Size and Growth
6. Digestive Bitters Market Segmentation
7. Digestive Bitters Market Regional and Country Analysis
8. Asia-Pacific Digestive Bitters Market
9. China Digestive Bitters Market
10. India Digestive Bitters Market
11. Japan Digestive Bitters Market
12. Australia Digestive Bitters Market
13. Indonesia Digestive Bitters Market
14. South Korea Digestive Bitters Market
15. Western Europe Digestive Bitters Market
16. UK Digestive Bitters Market
17. Germany Digestive Bitters Market
18. France Digestive Bitters Market
19. Italy Digestive Bitters Market
20. Spain Digestive Bitters Market
21. Eastern Europe Digestive Bitters Market
22. Russia Digestive Bitters Market
23. North America Digestive Bitters Market
24. USA Digestive Bitters Market
25. Canada Digestive Bitters Market
26. South America Digestive Bitters Market
27. Brazil Digestive Bitters Market
28. Middle East Digestive Bitters Market
29. Africa Digestive Bitters Market
30. Digestive Bitters Market Competitive Landscape and Company Profiles
31. Digestive Bitters Market Other Major and Innovative Companies
35. Digestive Bitters Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Digestive Bitters Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on digestive bitters market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
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- Understand customers based on the latest market shares.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for digestive bitters? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The digestive bitters market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Aromatic Bitter; Nutritive Bitter; True Bitte2) By Packaging: Plastic Bottle; Tetra Pack; Cans; Glass Bottle
3) By Distribution Channel: Supermarket; Convenience Store; Over-The-Counter; Online Store
4) By Application: Restaurant Service; Retail Service
Key Companies Mentioned: Jägermeister; Aperol; Steadfast Herbs; Gruppo Montenegro ; Quicksilver Scientific Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Jägermeister
- Aperol
- Steadfast Herbs
- Gruppo Montenegro
- Quicksilver Scientific Inc.
- SALUS-Haus
- Mountain Rose Herbs
- Napiers the Herbalists
- Harmonic Arts
- Urban Moonshine
- Zwack Unicum Plc
- St. Francis Herb Farm
- OWL Venice
- Natural Hope Herbals
- King Floyd
- Josh Gitalis
- Areté Herbs
- Avena Botanicals
- Granary Herbs Ltd.
- Botanica
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | August 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.62 Billion |
Forecasted Market Value ( USD | $ 2.18 Billion |
Compound Annual Growth Rate | 7.8% |
Regions Covered | Global |
No. of Companies Mentioned | 20 |