Global Digestive Enzymes Market
Pharmaceuticals

What Is The Digestive Enzymes Market Overview In 2022?

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The digestive enzymes market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 9 %, as per The Business Research Company’s market report!

 

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The Digestive Enzymes Market Size In 2022 And Forecast

The global digestive enzymes market 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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The digestive enzymes market is expected to reach $1.17 billion in 2026 at a CAGR of 9.3%.

 

The digestive enzymes market consists of sale of digestive enzymes and related services used to ease up the digestion of food in stomach.

 

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An Increase In The Prevalence Of Digestive Diseases Is Driving The Growth Of The Digestive Enzymes Market

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 disorder (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.

 

Competitive Landscape And The Regional Analysis Of The Digestive Enzymes Market

Major players in the digestive enzymes market are 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.

 

Additionally, as per TBRC’s research – North America was the largest region in the digestive enzymes market in 2021 holding the largest market share and Middle East is expected to be the fastest-growing region in the forecast period.

 

The Digestive Enzymes Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the digestive enzymes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the digestive enzymes market.

 

Developing Customized Digestive Enzymes – A Key Trend In The Digestive Enzymes Market

Companies in the digestive enzymes market are investing in developing customized digestive enzymes. These customized digestive enzymes are condition-specific enzymes to support digestion for digestive sensitive patients and may contain multiple enzymes in the same product. The companies involved in manufacturing digestive enzymes are developing customized digestive enzymes to ease the digestion of different types of food.

 

Digestive Enzymes Market Segmentation By The Business Research Company

1) By Enzyme Type: Carbohydrates, Protease, Lipase, Other Enzyme Types

2) By Origin: Animal, Fungi, Microbial, Plant

3) By Application: Indigestion, Chronic Pancreatitis, Irritable Bowel Syndrome, Other Applications

4) By Distribution Channel: Retail Stores, Online Stores

 

Here Are Some Reports Related To The Digestive Enzymes Market –

Enzymes Global Market Report 2022

Gastrointestinal Drugs Global Market Report 2022

Gastric Cancer Drugs Global Market Report 2022

 

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