Digestive Enzymes Global Market Sees Growth Rate Of 9% Through 2022

21 Mar, 2022

The global digestive enzymes market size is expected to grow from $0.75 billion in 2021 to $0.82 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The digestive enzymes market is expected to reach $1.17 billion in 2026 at a CAGR of 9.3%.

What is the Global Digestive Enzymes Market?

The digestive enzymes market consists of sale of digestive enzymes and related services used to ease up the digestion of food in stomach. Digestive enzymes are enzymes in the digestive system that break large molecules into smaller digestible molecules to be absorbed by the body. The digestive enzymes market commercially provides these enzymes as dietary supplements or drugs to be taken orally when the body fails to produce enough enzymes naturally for the digestion of fats, proteins and carbohydrates.

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What drives the Global Digestive Enzymes Market?

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 mouth, esophagus, stomach, small intestine, large intestine, and anus caused due to lack of digestive enzymes. The gastrointestinal disorders require the digestive enzymes to be taken orally as a dietary supplement 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 April 2020 on worldwide prevalence and burden of functional gastrointestinal disorder, among 73,076 adult respondents, about 40.3% people met diagnostic criteria for at least 1 functional gastrointestinal disorders (FGIDs). FGID were more prevalent among women than men. A large-scale multinational study found that more than 40% of population is having FGIDs across the globe. Therefore, the increase in the prevalence of digestive diseases contributes to the growth of the market.

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Global Digestive Enzymes Market Segments
The global digestive enzymes market is segmented:
By Enzyme Type: Carbohydrates, Protease, Lipase, Other Enzyme Types
By Origin: Animal, Fungi, Microbial, Plant
By Application: Indigestion, Chronic Pancreatitis, Irritable Bowel Syndrome, Other Applications
By Distribution Channel: Retail Stores, Online Stores
By Geography: The regions covered in the digestive enzymes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Digestive Enzymes Global Market Report 2022provides market size and growth forecasts for the global digestive enzymes market, global digestive enzymes market share, digestive enzymes market segments and geographies, digestive enzymes market competitive landscape including leading competitors’ revenues, profiles and market shares. The digestive enzymes market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Digestive Enzymes Industry Playersinclude Garden of Life, Biotics Research Corporation, Klaire Laboratories, Abbott Nutrition, AbbVie Inc., Allergan PLC, Johnson & Johnson Inc. Amway Corporation, Food State Inc., Matsun Nutrition, Metagenics Inc., Twinlab Corporation, Food State Inc., AST Enzymes, VEMO 99 OOD, Advanced Vital Enzymes Pvt. Ltd., Zeus Biotech Limited, Vox Nutrition Inc., Enzyme Bioscience Pvt. Ltd., Metagenics, XYMOGEN Inc., Douglas Laboratories, Thorne Research, Integrative Therapeutics LLC, Pure Encapsulations, Ortho Molecular Products Inc., Designs for Health Inc., Master Supplements Inc., and Proteozymes. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.