Digestive Enzymes Market: Global Industry Analysis and Forecast (2023-2029)

Digestive Enzymes Market was valued at US$ 0.99 Bn. in 2022, and it is expected to reach USD 1.73 Bn. by 2029, exhibiting a CAGR of 8.25% during the forecast period 2023-2029.
Digestive Enzymes Market Overview:
Digestive enzymes are those enzymes that help to break down the macromolecules of the foods that we consume. Some enzymes that emission into our body is natural. But as people grow older the rate of emission of enzymes become low and it causes so many health diseases, that time they need some external digestive enzyme supplements to digest their food in form of pills, capsule, powder, etc. are of various types including Maltase, Lipase, Lactase, Amylase, Protease, and Sucrase.To know about the Research Methodology :- Request Free Sample Report

The report explores the Global Laboratory developed test Market's segments (Origin, Application, Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). The MMR market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2020. The report investigates the Global Digestive Enzymes Market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Global Digestive Enzymes Market's contemporary competitive scenario.
Digestive Enzymes Market Dynamics:
When the body does not create enough enzymes naturally for the digestion of lipids, proteins, and carbohydrates, the digestive enzymes market commercially provides these enzymes as dietary supplements or medications to be taken orally.

Consumers are turning to packaged food as their lifestyles change, their work schedules become more stressful, and they work overtime, resulting in stomach difficulties. Digestive enzymes aid in the breakdown of food into nutritional form for absorption by the body. Over the following nine years, market growth is expected to be aided by rising demand for these goods as a result of their health benefits.

Because of lower birth rates and longer life expectancies, the world's population is quickly ageing. The increased need for the therapy of illnesses such GI tract blockages is driven by the demographic trend toward an ageing population. Digestive enzyme secretion typically declines with age, contributing to increased gastric discomfort, slower digestion, decreased food consumption, and/or a range of other GI diseases. As a result, the market of digestive enzymes is predicted to grow throughout the forecast period, owing to the growing geriatric population.

Drivers:

In current scenario there are so many countries where the older population is higher than the middle and low age group people because of their lower birth rate and their focus is on the increased longevity. According to study with the aging , the rate of discharging digestive enzymes into our bodies getting low, that time an external supplement digestive enzymes are really important to avoid the kind the diseases with are related to GI disease.

Positive attitudes toward sports nutrition and increased concerns about gastric health are two major drivers for the sector. A growing number of global sporting events, such as the Big Bash League, the English Premier League, the NBA, and the Indian Premier League, have forced sportsmen to focus on preserving their physical strength, which is projected to spur growth in the coming years.

Companies in the digestive enzymes sector are putting money into developing tailored enzymes. These tailored digestive enzymes are condition-specific enzymes that help digestive sensitive people digest their food. They may comprise various enzymes in one package. Customized digestive enzymes are being developed by digestive enzyme manufacturers to aid in the digestion of a variety of foods. DigeZyme was created by Sabinsa, a company based in the United States that sells herbal extracts, cosmeceuticals, minerals, and nutritional supplements. DigeZyme is a multi-enzyme complex that includes cellulase, lactase, amylase, protease and lipase among others. It is commonly used by those who have trouble digesting carbohydrates, proteins, lipids. Increasingly, firms are investing in the development of tailored digestive enzymes.

Restrain:

The potential negative effects of digestive enzyme products and medications are limiting the market's expansion. Consumption of digestive enzymes on a regular basis increases reliance on the enzymes, resulting in a weaker digestive system over time. Digestive distress, gas, nausea, bloating, low stomach acid, and allergic reactions with diarrhea and vomiting are all symptoms of a compromised digestive system. Bromelain, for example, is a digestive enzyme that thins the blood and raises the risk of excessive bleeding. The anti-platelet effect of the medication causes the blood to thin. As a result, the negative effects of excessive and continuous consumption of digestive enzymes have a negative impact on the digestive enzyme market's growth.

Opportunities:

The market for digestive enzymes is growing due to the rising frequency of gastrointestinal disorders among people of all ages. Gastrointestinal disorders include problems with the mouth, oesophagus, stomach, small intestine, large intestine, and anus, which are caused by a shortage of digestion enzymes. Digestive enzymes must be taken orally as a dietary supplement or as a medicine to treat gastrointestinal diseases. Smoking, nutrition and genetics, sanitation, increased antibiotic usage, and changing environmental conditions owing to industrialization and urbanisation are all associated to a rise in gastrointestinal problems.

Challenges:

Consumer knowledge of the negative effects of inorganic food on human health has moved the industry trend toward promoting the organic food market. Furthermore, when consumers become more aware of the nutritional benefits of organic foods, they are less likely to favour dietary supplements in the form pf capsule and tablets.

Animal origin products are not liked by vegetarians. Furthermore, over the projection period, challenges such as customer sensitivity and allergies to these goods are expected to stymie growth.
The ban of animal killing will affect the animal-based products.
Digestive Enzymes Market Segment Analysis:
Based on Origin, Animal Origin segment is dominating the market with highest during the forecast period. The major factor to dominate this segment is because of its efficiency than others. Plant and microbial segment is anticipated to grow.Digestive Enzymes Market Regional Insights: North American the market was valued highest market share XX% in 2022.

In terms of revenue, North America emerged as the most important regional market. The important factors contributing to the big market size are the rising occurrence of chronic gastrointestinal disorders, the rapidly ageing population, increased need for preventative medication, and the presence of prominent market competitors. Over the projection period, it is expected that rising knowledge of nutritional products in Mexico as a result of new product launches will encourage supplement use.

The use of digestive enzyme supplements is expected to increase as the demand for sports nutrition products among working professionals in the United States grows. In addition, new product advancements and appealing internet advertising by firms like Amway and Herbalife in the United States are expected to boost demand in the future years.

Due to poor eating habits among the population in nations such as India, China, and Japan, Asia Pacific is predicted to develop at the quickest rate in the future years. In addition, rising expenditure on health-enhancing components in light of increased physical fitness requirements and sports activities in the region is expected to drive demand throughout the forecast period.

The objective of the report is to present a comprehensive analysis of the Global Digestive Enzymes Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Global Digestive Enzymes Market dynamic, structure by analyzing the market segments and projecting the Global Digestive Enzymes Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Digestive Enzymes Market make the report investor’s guide.
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Digestive Enzymes Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US$ 0.99 Bn.


Forecast Period 2023 to 2029 CAGR:
8.25%
Market Size in 2029:
US$ 1.73 Bn.


 Segments Covered:
by Application
Additional supplements
Medical & infant nutrition
Sports nutrition


by Origin
Animal
Microbial
Plant
Others


by End-Use
Human Nutrition
Pharmaceuticals
Dietary Supplements
Animal Nutrition
Poultry Feed
Swine
Cattle Feeds
Aquaculture
Pet Food
Other



Digestive Enzymes Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Digestive Enzymes Market Key Players are:
1. AbbVie Inc.
2. Amway Corporation
3. AST Enzyme
4. Country Life LLC
5. Enzymedica
6. Biotics Research Corporation
7. Klaire Labs
8. Metagenics
9. Nestle SA
10.Integrative Therapeutics
11.Garden of Life Inc.
12.ProteoZymes
13.Zeus Biotech Limited
14.Abbott Nutrition
15.Matsun Nutrition
16.VEMO 99 OOD
17.Twinlab Corporation
18.Johnson & Johnson INC

Frequently Asked Questions:

1] What segments are covered in the Global Global Digestive Enzymes Market report?
Ans. The segments covered in the Global Digestive Enzymes Market report are based on Type, Application, End-Use.

2] Which region is expected to hold the highest share in the Global Global Digestive Enzymes Market?
Ans. North America region is expected to hold the highest share in the Global Digestive Enzymes Market.

3] What is the market size of the Global Global Digestive Enzymes Market by 2029?
Ans. The market size of the Global Digestive Enzymes Market by 2029 is expected to reach US$ 1.73 Bn.

4] What is the forecast period for the Global Global Digestive Enzymes Market?
Ans. The forecast period for the Global Digestive Enzymes Market is 2023-2029.

5] What was the market size of the Global Global Digestive Enzymes Market in 2022?
Ans. The market size of the Global Digestive Enzymes Market in 2022 was valued at US$ 0.99 Bn.