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The Digestive Enzyme Market is shifting towards Probiotic Supplementation through 2031

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Prachi
The Digestive Enzyme Market is shifting towards Probiotic Supplementation through 2031


The digestive enzyme market consists of a range of enzymes that aid in the breakdown of food during digestion and absorption of nutrients in the body. These enzymes help digest carbohydrates, proteins, and fats. With the increasing prevalence of gastrointestinal disorders worldwide due to sedentary lifestyle and consumption of junk food, the demand for digestive enzyme supplements is growing substantially.


The Global digestive enzyme market is estimated to be valued at US$ 715.1 Mn in 2023 and is expected to exhibit a CAGR of 9.5% over the forecast period 2024 to 2030.


Key Takeaways

Key players operating in the digestive enzyme market are National Enzyme Company, Garden of Life LLC , Country Life LLC, Rainbow Light Nutritional System Inc., Food State Inc., Matsun Nutrition , Metagenics, Inc., TwinLab Corporation, Abbott Nutrition, Amway Corporation, Klaire Labs, Zenwise Health LLC, Integrative Therapeutics, LLC , Douglas Labs , Enzymedica Inc., Thorne Research Inc., Pure Encapsulations, LLC, Ortho Molecular Products Inc., Allergy Research Group, and Biotics Research Corp.


Digestive Enzyme Market Growth is witnessing high growth owing to the rising incidences of gastroesophageal reflux disease, irritable bowel syndrome, and other gastrointestinal disorders. The growth can also be attributed to growing awareness regarding digestive health and the various benefits of enzyme supplements. With growing health awareness, the market for probiotic and digestive enzyme supplements is expanding globally with demand coming from countries across North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.


Market key trends

One of the major trends gaining traction in the digestive enzyme market is the increasing popularity of probiotic supplements. Probiotics promote the growth of good bacteria in the gut and hence improve overall digestive health. Many new product launches in the digestive enzyme market are focusing on combining enzymes with probiotics to maximize their health benefits. The synergistic action of digestive enzymes and probiotics helps maintain a balanced gut microflora and alleviate common digestive issues more effectively. This trend towards probiotic supplementation is expected to continue in the coming years and boost the growth of the overall digestive enzyme market.


Porter’s Analysis

Threat of new entrants: Low complex and costly regulatory procedures limits new companies.


Bargaining power of buyers: Large buyers can negotiate lower prices and demand high quality standards.


Bargaining power of suppliers: Few major suppliers and proprietary ingredients gives them bargaining power over customers.


Threat of new substitutes: New plant and food-based alternatives pose threats. Competitive rivalry: Intense competition and focus on new product innovations and expansions.


Geographical Regions

North America currently holds the largest share of the global digestive enzyme market, accounting for more than 35% of the total market value. Easy availability and accessibility of digestive enzymes supplements along with rising incidences of digestive disorders has been driving the market. Asia Pacific is identified as the fastest growing regional market, projected to expand at a CAGR of around 11% during the forecast period. Rising health consciousness, burgeoning middle class population and increased per capita healthcare expenditure in countries like China and India is expected to propel the demand for digestive enzymes in the region.


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About Author:


Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement. (LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)



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