Global Digestive Enzymes Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Protease, Lipase, Lactase, Amylase, Others), By Source (Animal, Plant, Microbial), By Application (Sports Nutrition, Infant Nutrition, Medical Nutrition, Others), And By Geography - Forecasts From 2019 To 2024

Published:  May 2021 Report Code: KSI061611927 Pages: 128

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.

Global Digestive Enzymes Market Scope:

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.

1. Introduction
1.1. Market Overview
1.2. Market Definition
1.3. Scope Of The Study
1.4. Currency
1.5. Assumptions
1.6. Base, And Forecast Years Timeline
2. Research Methodology 
2.1. Research Design
2.2. Secondary Sources
3. Executive Summary
4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. Digestive Enzymes Market By Type
5.1. Protease
5.2. Lipase
5.3. Lactase
5.4. Amylase
5.5. Others
6. Digestive Enzymes Market By Source
6.1. Animal
6.2. Plant
6.3. Microbial
7. Digestive Enzymes Market By Application
7.1. Sports Nutrition
7.2. Infant Nutrition
7.3. Medical Nutrition
7.4. Others
8. Digestive Enzymes Market By Geography
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East And Africa
8.4.1. Saudi Arabia
8.4.2. Other
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. Competitive Intelligence
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments And Deals
9.3. Strategies of Key Players
10. Company Profiles
10.1. Enzymedica
10.2. Deerland Enzymes, Inc.
10.3. AST Enzymes
10.4. Onnit Labs, Inc
10.5. Metagenics
10.6. National Enzyme Company Inc.
10.7. Garden Of Life Inc.
10.8. Amway Corporation
10.9. Country Life, LLC
LIST OF FIGURES
LIST OF TABLES
Enzymedica
Deerland Enzymes, Inc.
AST Enzymes
Onnit Labs, Inc
Metagenics
National Enzyme Company Inc.
Garden of Life Inc.
Amway Corporation
Country Life, LLC

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