Press release
Digestive Enzymes Market 2024 - Size, Share, Trends, Technology, Challenges And Forecast By 2033
Digestive Enzymes Market
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%. 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.
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.
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Rising Prevalence Of Gastrointestinal Disorders Fuels Digestive Enzymes 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 diet*ary supple*ment 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.
Competitive Landscape -
Major companies operating 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., 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
Customized Enzyme Solutions For Enhanced Digestion
The companies in the digestive enzymes market are 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 die*t*ary supple*ments, formulated DigeZyme. DigeZyme is a multi-enzyme complex comprising five different enzymes, namely, cellulase, lactase, amylase, lipase, and protease. It is widely used by people who have difficulty in digesting carbohydrates, fats, and proteins, respectively. The companies are increasingly investing in developing customized digestive enzymes.
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Key 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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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