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29-Dec-2022

Digestive Enzymes Market is estimated to augment growth by 2032, owing to growing to prevalence of gastrointestinal diseases across the world | insightSLICE

The market for Digestive Enzymes was valued at US$ 750 million in 2020 and is anticipated to grow to US$ 1.75 billion by 2031 at a CAGR of 8%.

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The key players of the Global Digestive Enzymes Market are:

The main companies covered in this report for the global digestive enzymes market are Matsun Nutrition, Amway India Enterprises Pvt. Ltd., Johnson & Johnson Services, Inc., Metagenics, Inc., Biotics Research Corporation, Rainbow Light Nutritional Systems LLC, National Enzyme Co Inc., Abbott, Twinlab Consolidated Corporation, and Allergan, and others.

Driving factors for the growth of Global Digestive Enzymes Market

The market is expected to grow as a result of the overt increase in the elderly population and the increased prevalence of gastrointestinal issues. Due to lower birth rates and increased life expectancy due to improved medical and healthcare systems around the world, the population of those 50 and older is growing significantly.

The prevalence of disorders like GERD and IBS is becoming more and more common as a result of the aging population. Additionally, as people age, their ability to produce digestive enzymes declines, which can lead to high levels of gastric discomfort, reduced absorption, lower food intake, or perhaps a variety of other GI difficulties.

In this way, it is anticipated that the market for digestive enzymes will grow throughout the specified forecast period primarily due to the growing elderly population.

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Benefits of using digestive enzymes:

Digestive enzymes, often known as stomach enzymes, are a broad category that includes pancreatic enzymes, as well as enzymes derived from plants, and Fungal sources.

Digestive enzymes are essentially divided into three classes: proteolytic enzymes- which break down protein, lipases- which break down fat, and amylases- which break down starches and polysaccharides.

These enzymes help break down the large molecules in the food we eat into smaller less complex biochemicals that can be digested through our body and used to retain nutrients. These digestive enzymes promote gut health and ensure that the supplements are delivered to the body for the overall prompt health of the human body.

Several factors will act as major drivers:

One of the main factors driving the growth of the global market for digestive enzymes at the moment is the increasing emphasis being paid to gastrointestinal problems.

The growing prevalence of digestive symptoms and the increase in consumer awareness of gastrointestinal health are the main factors driving the growth of the global digestive enzymes market over the forecast period of 2023–2032.

Another factor driving demand for the global digestive compound market is growing interest in muscle development and stomach health. The rapid pace of modern life and consumers’ growing inclination for dietary supplements will also have an impact on the growth of the global digestive compound market between 2023 and 2032.

The digestive enzymes’ health advantages, such as lowering the risk of conditions like chronic pancreatitis, weight gain, and heartburn along with enhanced cell generation, skin, and tissue repair, will also support market growth in the years to come.

Additionally, a growing number of consumers who are concerned about their health look for over-the-counter enzymes to improve their dietary habits and fitness routines, which will hasten the growth of this market. Currently, animal-based enzyme is preferred as a convenient option for treating these infections.

Comparable physiology between humans and animals may be the reason for it. For instance, the pancreatic physiology of swine and humans are remarkably similar. However, in some cases, moral objections to products made from animals are predicted to restrain the segment’s growth in the years to come.

Global Digestive Enzymes Market Key Segments:

By Origin  

  • Animal
  • Plant
  • Microbial
  • Other

By Application

  • Additional supplements
  • Medical nutrition
  • Infant nutrition
  • Sports nutrition
  • Other

By Enzyme Type

  • Carbohydrase
  • Protease
  • Lipase
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa
    • UAE
    • South Africa
    • Saudi Arabia
    • Rest of Middle East & Asia
  • South America
    • Brazil
    • Rest of South America

insightSLICE’s report for Digestive Enzymes Market will cover important statistics:

This global Digestive Enzymes Market report will provide significant data that will support entrepreneurs, competitors, and start-ups in making business decisions. Market estimates and forecasts from 2023 to 2032 are included in our full analysis for the decade.

Target markets, patterns, analyses, and revenue estimates are all part of our study. Share of the market and strategic planning studies for the leading companies will be carried out. Development, research, product descriptions, and market knowledge can help you keep one step ahead of the competition.

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It will also be explored how COVID-19 has affected the market and how resilient it has been through this difficult time. The market data is offered in PDF, Excel, PPT, and online dashboard editions, depending on the client’s preferences.

This study provides an analytical representation of the Digestive Enzymes Market together with existing trends and future estimates in order to pinpoint the most attractive investment possibilities.

The research offers details on significant drivers, restraints, and opportunities in addition to a complete study of the market share for products containing digestive enzymes. To illustrate the growth scenario for all Digestive Enzymes companies, the current market is quantitatively examined from 2023 to 2032.

The research also offers a thorough analysis of the market based on the level of competition and forecasts the corporate structure that might emerge in the upcoming years. Our research is divided into numerous sections that offer in-depth analysis for various categories and support the discovery of important prospects.

For targeted delivery, we also offer global, regional, and national statistics. Customization requests can be made by customers, who can also mention them when placing orders.

Regional performance of Digestive Enzymes Market

Due to the increased number of people having digestive problems, as well as the region’s growing propensity for spicy food and a fatty diet, Asia-Pacific is predicted to dominate the market from 2023 to 2032. This will spur the growth of the digestive enzyme market in the region.

Because of rising gastrointestinal disease difficulties, poor lifestyle and eating habits, and growing interest in preventive medicine, the North American region is anticipated to grow at a faster CAGR during the evaluated evaluation period.

Additionally, new product advancements and appealing web e-commerce by firms like Amway and Herbalife in the United States are some important drivers driving the demand between 2023 and 2032.

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Last Updated: 29-Dec-2022