Global Digestive Enzymes Market Share Analysis 2024, Forecast To 2033
10 Jan, 2024
The market size for digestive enzymes has experienced rapid growth, surging from $0.99 billion in 2023 to $1.1 billion in 2024, with a CAGR of 10.8%. Contributing factors include increasing awareness of digestive health, changing dietary habits, and an aging population. The forecast indicates continued growth, with the market expected to reach $1.73 billion in 2028, driven by health-conscious consumers, mainstream healthcare integration, and a preference for plant-based and natural products. Key trends include innovation in formulations, customized enzyme formulations, clean label and natural ingredients, personalized nutrition and testing, as well as ongoing research and innovation.
Global Digestive Enzymes Market Key Driver
The rise in gastrointestinal disorders among various age groups propels the digestive enzymes market. These disorders, affecting the gastrointestinal tract, result from insufficient digestive enzymes. Oral intake of these enzymes becomes essential for treatment. Approximately 60-70 million Americans suffer from gastrointestinal diseases, contributing to the growth of the digestive enzymes market.
Get A Free Sample Of The Global Digestive Enzymes Market ReportGlobal Digestive Enzymes Market Segments
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
By Geography: The regions covered in the digestive enzymes market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
Western Europe was the largest region in the global diagnostic imaging equipment market in 2023. North America was the second largest region in the global diagnostic imaging equipment market. Africa. was the smallest region in the global diagnostic imaging equipment market. The regions covered in the diagnostic imaging equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major Digestive Enzymes Industry Players
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
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Digestive Enzymes Market Overview
Digestive enzymes refer to compounds that aid in digestion by assisting with food breakdown. These proteins accelerate the chemical processes that transform food into compounds that can be absorbed by the digestive system. The salivary glands and the cells lining the stomach, pancreas, and small intestine produce (release) them.
Digestive Enzymes Global Market Report 2023 provides data on the global digestive enzymes market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The digestive enzymes market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.