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Digestive Enzymes Market Growth Outlook Through 2024-2033

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Uday Kiran
Digestive Enzymes Market Growth Outlook Through 2024-2033

 The digestive enzymes market size is expected to see rapid growth in the next few years. It will grow to <b>$1.73 billion in 2028 at a compound annual growth rate (CAGR) of 12.0%. </b> The growth in the forecast period can be attributed to health-conscious consumers, mainstream healthcare integration, plant-based and natural products. Major trends in the forecast period include innovation in formulations, customized enzyme formulations, clean label and natural ingredients, personalized nutrition and testing, research and innovation.

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Segmentation & Regional Insights

The digestive enzymes market covered in this report is segmented –

1) By Enzyme Type: Carbohydrates, Protease, Lipase, Other Enzyme Types

2) By Origin: Animal, Fungi, Microbial, Plant

3) By Application: Indigestion, Chronic Pancreatitis, Irritable Bowel Syndrome, Other Applications

4) By Distribution Channel: Retail Stores, Online Stores

<b>North America</b> was the largest region in the digestive enzymes market in 2023. <b>Middle East</b> is expected to be the largest growing region in the digestive enzymes market report during the forecast period. The regions covered in the digestive enzymes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth

The rising prevalence of gastrointestinal disorder among different age groups drives the growth of the digestive enzymes market. Gastrointestinal disorders include disorders in the gastrointestinal tract starting from the mouth, oesophagus, stomach, small intestine, large intestine, and anus caused due to lack of digestive enzymes. Gastrointestinal disorders require the digestive enzymes to be taken orally as a dietary supplement or as a drug. The increased rates of gastrointestinal disorders are linked to smoking, diet and genetics, sanitation, increased use of antibiotics, and the changing environmental factors due to industrialization and urbanization. According to the American Gastroenterological Association’s survey published in September 2022, according to American Gastroenterological Association, a US-based organization, 60-70 million Americans are suffering from gastrointestinal (GI) diseases that can create serious disruptions to daily life, data also shows that nearly 40% of Americans stopped routine activities in the last year due to uncomfortable bowel symptoms . FGID was more prevalent among women than men. A large-scale multinational study found that more than 40% of the population is having FGIDs across the globe. Therefore, the increase in the prevalence of digestive diseases contributes to the growth of the digestive enzymes market.

Key Industry Players

Major companies operating in the digestive enzymes market include <b>Garden of Life LLC, Biotics Research Corporation, Klaire Laboratories, Abbott Nutrition, AbbVie Inc., Johnson & Johnson Inc., Amway Corporation, Food State Inc., Matsun Nutrition, Metagenics Inc., Twinlab Corporation, AST Enzymes, Vemo Corp., Advanced Vital Enzymes Pvt. Ltd., Zeus Biotech Limited, Vox Nutrition Inc., Enzyme Bioscience Pvt. Ltd., XYMOGEN Inc., Douglas Laboratories, Thorne Research Inc., Integrative Therapeutics LLC, Pure Encapsulations Inc., Ortho Molecular Products Inc., Designs for Health Inc., Master Supplements Inc., Proteozymes Pvt Ltd., Chr. Hansen Holding A/S, Danone S.A., DSM Nutritional Products AG, DuPont de Nemours Inc., Kerry Group plc, Koninklijke DSM N.V., Lonza Group AG, Nestle S.A., Pfizer Inc., Sanofi S.A., Specialty Enzymes & Biotechnologies Co., Thermo Fisher Scientific Inc., Wacker Chemie AG</b>

The digestive enzymes market report table of contents includes:

  1. Executive Summary
  2.    Diagnostic Imaging Equipment Market       Characteristics
  3.    Diagnostic Imaging Equipment Market       Trends And Strategies
  4.    Diagnostic Imaging Equipment Market       - Macro Economic Scenario
  5. Global   Diagnostic Imaging Equipment Market       Size and Growth

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  1. Global   Diagnostic Imaging Equipment Market       Competitive Benchmarking
  2. Global   Diagnostic Imaging Equipment Market       Competitive Dashboard
  3. Key Mergers And Acquisitions In   Diagnostic Imaging Equipment Market       
  4.    Diagnostic Imaging Equipment Market       Future Outlook and Potential Analysis
  5. Appendix

 

Top Major Players :

  • Garden of Life LLC
  • Biotics Research Corporation
  • Klaire Laboratories
  • Abbott Nutrition
  • AbbVie Inc.


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