Global Digestive Enzymes Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Digestive Enzymes Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Enzyme Type (Carbohydrase, Protease, Lipase, and Other Enzyme Origins), Origin (Animal, Microbial, and Plant), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Digestive Enzymes Market was valued at USD 783.7 million in 2023 and is expected to reach USD 1,631.8 million by 2031 while growing at a CAGR of 9.6% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global digestive enzymes market growth. Specialized proteins known as digestive enzymes, produced by the digestive system in the salivary glands, stomach, pancreas, and small intestine, play a vital role in breaking down food into smaller, absorbable components. Their primary function is to facilitate the digestion and absorption of nutrients from the food we consume.
Growing awareness of digestive health, along with the rising incidence of digestive disorders like indigestion, irritable bowel syndrome (IBS), and lactose intolerance, is anticipated to drive the digestive enzymes market. However, challenges such as a stringent regulatory environment and limited awareness and understanding may impede market expansion.
Furthermore, the global digestive enzymes industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Enzyme Type Analysis
The Global Digestive Enzymes Market is segmented among Carbohydrase, Protease, Lipase, and Other Enzyme Origins, based on Enzyme Type. In 2023, Carbohydrase accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Origin Analysis
The Global Digestive Enzymes Market is segmented among Animal, Microbial, and Plant, based on Origin. In 2023, Animals accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Digestive Enzymes Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are AbbVie Inc., Amway Corporation, AST Enzyme, Biotics Research Corporation, Country Life LLC, Enzymedica, Enzymes Inc., Garden of Life Inc., Integrative Therapeutics, and Klaire Labs.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Digestive Enzymes Market Dynamics
Drivers
Restraints
Opportunity
4. Global Digestive Enzymes Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Digestive Enzymes Market Segmentation, By Enzyme Type
Global Digestive Enzymes Market Share Analysis, By Enzyme Type
Global Digestive Enzymes Market Growth Analysis, By Enzyme Type
Global Digestive Enzymes Market Trends, By Enzyme Type
o Carbohydrase
o Protease
o Lipase
o Other Enzyme Types
6. Global Digestive Enzymes Market Segmentation, By Origin
Global Digestive Enzymes Market Share Analysis, By Origin
Global Digestive Enzymes Market Growth Analysis, By Origin
Global Digestive Enzymes Market Trends, By Origin
o Animal
o Microbial
o Plant
7. Global Digestive Enzymes Market Segmentation, By Region
Global Digestive Enzymes Market Share Analysis, By Region
Global Digestive Enzymes Market Growth Analysis, By Region
Global Digestive Enzymes Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
AbbVie Inc.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Amway Corporation
AST Enzyme
Biotics Research Corporation
Country Life LLC
Enzymedica
Enzymes Inc.
Garden of Life Inc.
Integrative Therapeutics
Klaire Labs
*Similar analysis will be provided for each company listed above.