Market News
Recent Developments
New product launches
- In 2021, IFF launches new milk product enzyme in the US. The enzyme, called LactoFerm LBC, is designed to help break down lactose in milk, thus making it easier for people with lactose intolerance to digest.
- In 2020, Sanofi (multinational pharmaceutical and healthcare company) to launch Diorabyota as a replacement for its previous product. Diorabyota is a probiotic that is designed to help improve gut health and reduce the risk of diarrhea.
- In August 2023, Herbalife Nutrition launches new line of digestive health products. The new line includes probiotics, prebiotics, and digestive enzymes.
Acquisition and partnerships
- In 2022, GI Alliance (GIA), a private equity-backed gastroenterology platform, acquired Digestive Health Specialists, the largest independent practice in Missouri.
- Also in 2022, GI Alliance (GIA) acquired Gastroenterology Consultants, a U.S.-based practice with nine physicians and six advanced practice providers
- In 2021, Unio Health Partners, a healthcare services company, acquired Insite Digestive Health Care, a digestive health practice in the Midwest