The digestive enzymes market is projected to grow at a CAGR of 7.22% to reach US$1501.206 million in 2024 from US$988.176 million in 2018. Digestive enzymes are the complex proteins involved in breaking down complex macromolecules into their constituents for easy absorption and utilization by the body. Digestive enzymes need specific pH and temperature to work optimally. It is essential to maintain a healthy balance of digestive enzymes to optimize healthy digestion. Several digestive enzymes are commercially available as supplements for the management of digestive disorders. They are effective at relieving common issues, including occasional gas, bloating, indigestion, heartburn, and general discomfort. The market in digestive enzymes is estimated to show significant growth during the given forecast period owing to the rising prevalence of gastrointestinal and abdominal disorders. The shift from healthy eating habits will also propel the growth of the digestive enzymes market. Rising awareness among people regarding preventive health management will also have a significant positive on the growth of the market. However, the availability of alternatives such as probiotics and prebiotics will hamper the growth of the market.
DRIVERS
Rising prevalence of the gastrointestinal and abdominal disorders
Growing geriatric population
RESTRAINTS
Availability of alternatives
INDUSTRY UPDATES
In July 2019, USANA earns a seal of approval for a digestive enzyme supplement, which can help relieve occasional stomach discomfort and supports digestive systems after big meals.
The major players profiled in the Digestive Enzymes market include Enzymedica, Deerland Enzymes, Inc., AST Enzymes, Onnit Labs, Inc, Metagenics, National Enzyme Company Inc., Garden of Life Inc., Amway Corporation, and Country Life, LLC.
| Report Metric | Details |
| Market size value in 2018 | US$988.176 million |
| Market size value in 2024 | US$1501.206 million |
| Growth Rate | CAGR of 7.22% from 2018 to 2024 |
| Base year | 2018 |
| Forecast period | 2019–2024 |
| Forecast Unit (Value) | USD Million |
| Segments covered | Type, Source, Application, And Geography |
| Regions covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Companies covered | Enzymedica, Deerland Enzymes, Inc., AST Enzymes, Onnit Labs, Inc, Metagenics, National Enzyme Company Inc., Garden of Life Inc., Amway Corporation, Country Life, LLC |
| Customization scope | Free report customization with purchase |
Segmentation
The Digestive Enzymes market has been analyzed through the following segments:
By Type
Protease
Lipase
Lactase
Amylase
Others
By Source
Animal
Plant
Microbial
By Application
Sports Nutrition
Infant Nutrition
Medical Nutrition
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Other
Asia Pacific
China
Japan
South Korea
India
Others
Frequently Asked Questions (FAQs)
Q1. What will be the digestive enzymes market size by 2024?
A1. The digestive enzymes market is projected to reach a total market size of US$1501.206 million by 2024.
Q2. What is the size of the global digestive enzymes market?
A2. Digestive Enzymes Market was valued at US$988.176 million in 2018.
Q3. What are the growth prospects for the digestive enzymes market?
A3. The global digestive enzymes market is projected to grow at a CAGR of 7.22% during the forecast period.
Q4. What factors are anticipated to drive the digestive enzymes market growth?
A4. The digestive enzymes market is estimated to show significant growth during the given forecast period owing to the rising prevalence of gastrointestinal and abdominal disorders.
Q5. Who are the major players in the digestive enzymes market?
A5. The major players profiled in the digestive enzymes market include Enzymedica, Deerland Enzymes, Inc., AST Enzymes, Onnit Labs, Inc, Metagenics, National Enzyme Company Inc., Garden of Life Inc., Amway Corporation, and Country Life, LLC.
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