The global digestive enzymes market size was US$ 699.4 million in 2021. The global digestive enzymes market size is estimated to reach US$ 1,481.8 million by 2030, growing at a compound annual growth rate (CAGR) of 8.7% during the forecast period from 2022 to 2030.
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Digestive enzyme medicine has earned rage for its stakes of treating the standard state of heartburn, irritable bowel syndrome, and other disorders. They are enzymes that break down polymeric macromolecules into smaller building blocks to facilitate their absorption by the body.
Factors Influencing Market Growth
• The growth in the majority of digestive problems, the increase in the geriatric population, and the rise in the unhealthy lifestyle of the population drive the overall market growth.
• The increase in the number of gymnasiums and fitness centers has also boosted demand for dietary supplements, a rise in awareness about GI health, and stress on preventive disease management drive the overall market growth.
• Lack of understanding about proper dosage quantities and the existence of replacements for digestive enzyme supplements are anticipated to restrict the overall market growth.
Effect of the COVID-19 Pandemic
The COVID-19 outbreak had an adverse impact on the overall market growth due to different limitations implemented on the production and transport of products and several other enzyme sectors were impacted. Thus, this situation is anticipated to hinder the growth of the overall market.
Regional Insights
North America recorded the highest revenue in the overall market growth in 2021. This is attributed to the fast development of enzyme products, a rise in acquisitions in research and development activities, an increase in the patient pool, and growing incidences of digestive disorders in the region.
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Leading Competitors
The prominent players in the global digestive enzymes market are:
• Archer Daniels Midland Company
• Johnson & Johnson
• Abbott Nutrition
• Metagenics
• Biotics Research Corporation
• Garden Of Life
• Amway Corporation
• Country Life LLC
• Allergan PLC
• Abbvie Inc
• Others
Segmentation Analysis
The global digestive enzymes market segmentation focuses on Origin, Enzyme Type, Application, and Region.
Segmentation on the basis of Origin
• Microbial
• Plant
• Animal
Segmentation on the basis of Enzyme Type
• Carbohydrase
• Protease
• Lipase
• Other Enzyme Types
Segmentation on the basis of Application
• Infant Nutrition
• Prescription Medicine
• Sports Nutrition
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Segmentation on the basis of Region
• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America
Key questions answered in the global market report are:
— How does a global company acquire markets?
— What are its core strategies and policies?
— What factors will influence the market over the forecast period?
— What are the factors driving and restraining the market?
— What are the leading competitors in the global market?
— Which region is growing at a higher pace in the global market?
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