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Digestive Enzymes Market Analysis: Navigating Trends and Developments || Garden of Life LLC, Biotics Research Corporation, Klaire Laboratories, Abbott Nutrition
Digestive Enzymes Market
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company's Digestive Enzymes Global Market Report 2023 identifies 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, esophagus, stomach, small intestine, large intestine, and anus caused due to lack of digestive enzymes.
The digestive enzymes market size has grown rapidly in recent years. It will grow from $0.99 billion in 2023 to $1.1 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to increasing digestive health awareness, changing dietary habits, aging population, gastrointestinal disorders, nutraceutical industry growth, research and development, e-commerce expansion. The digestive enzymes market size is expected to see rapid growth in the next few years. It will grow to $1.73 billion in 2028 at a compound annual growth rate (CAGR) of 12.0%.
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Major competitors in the digestive enzymes market include 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.
A key trend in the digestive enzymes market includes investing in developing customized digestive enzymes. These customized digestive enzymes are condition-specific enzymes to support digestion for digestive sensitive patients and may contain multiple enzymes in the same product. The companies involved in manufacturing digestive enzymes are developing customized digestive enzymes to ease the digestion of different types of food. For instance, Sabinsa, a USA-based provider of herbal extracts, cosmeceuticals, minerals, and dietary supplements, formulated DigeZyme.
Read More On The Global Digestive Enzymes Market Report Here: https://www.thebusinessresearchcompany.com/report/digestive-enzyme-global-market-report
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
5) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the digestive enzymes market.
The Business Research Company's "Global Digestive Enzymes Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Digestive Enzymes Market Include:
1. Executive Summary
2. Digestive Enzymes Market Characteristic
3. Digestive Enzymes Market Trends And Strategies
4. Digestive Enzymes Market - Macro Economic Scenario
5. Digestive Enzymes Market Size And Growth
……………
27. Digestive Enzymes Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Digestive Enzymes Market
29. Digestive Enzymes Market Future Outlook And Potential Analysis
30. Appendix
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