The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

According to The Business Research Company’s Digestive Enzymes Global Market Report 2024, the digestive enzymes market is expected to show promising growth in the forecast period.

The digestive enzymes market has experienced rapid growth, with the market size reaching $0.99 billion in 2023 and projected to grow to $1.1 billion in 2024, reflecting a Compound Annual Growth Rate (CAGR) of 10.8%. Looking ahead, the market is poised for continued expansion, with a forecasted size of $1.73 billion in 2028, indicating a CAGR of 12.0%. Key contributors to this growth include increasing awareness of digestive health, changing dietary habits, an aging population, gastrointestinal disorders, and the growth of the nutraceutical industry.

Factors Driving Historic Growth

• Increasing digestive health awareness
• Changing dietary habits
• Aging population
• Gastrointestinal disorders
• Nutraceutical industry growth
• Research and development
• E-commerce expansion

Emerging Trends in the Forecast Period

• Innovation in formulations
• Customized enzyme formulations
• Clean label and natural ingredients
• Personalized nutrition and testing
• Research and innovation

Unhealthy Lifestyles and Digestive Health
The growth of the digestive enzymes market is closely tied to the rise in unhealthy lifestyles. Unhealthy habits, including poor diet, lack of exercise, excessive alcohol consumption, smoking, and inadequate sleep, contribute to an increased risk of chronic diseases and overall health deterioration. Digestive enzymes play a crucial role in mitigating the adverse effects of these unhealthy lifestyles by improving digestion and nutrient absorption, promoting overall digestive health.

Impact of Unhealthy Lifestyles

• Poor diet choices
• Lack of exercise
• Excessive alcohol consumption
• Smoking
• Inadequate sleep

Key Players in the Digestive Enzymes Market
Several major companies operate in the digestive enzymes market, contributing to its growth and development. Key players include Garden of Life LLC, Biotics Research Corporation, Abbott Nutrition, Johnson & Johnson Inc., Amway Corporation, and many others. The market is characterized by a diverse range of companies committed to addressing digestive health challenges.

View More On The Digestive Enzymes Market Report 2024 – https://www.thebusinessresearchcompany.com/report/digestive-enzyme-global-market-report

Growing Focus On Natural And Plant-Based Digestive Enzymes Supplements

Embracing Natural and Plant-Based Solutions
Companies in the digestive enzymes market are increasingly investing in the development of natural and plant-based digestive enzyme supplements. These supplements offer gentle digestion support, aid in nutrient absorption, and reduce digestive discomfort. Notably, Wellbeing Nutrition, an India-based organic plant-based nutrition company, launched a plant-based Probiotic + Prebiotic in January 2021, promoting healthy digestion, detoxification, and improved metabolism.

Features of Natural and Plant-Based Supplements

• Gentle digestion support
• Aid in nutrient absorption
• Reduce digestive discomfort
• Promote overall gut health
• Easily absorbed by the body

Biogaia’s Strategic Acquisition Advancing Probiotic Development

BioGaia’s Acquisition
In June 2021, BioGaia, a Swedish probiotic brand, acquired MetaboGen, a Sweden-based biotechnology company manufacturing digestive enzymes, for an undisclosed amount. This strategic move aims to accelerate the development of new probiotic strains, particularly strict anaerobic bacteria, enhancing BioGaia’s position in the digestive health market.

Advancing Probiotic Development

• Accelerated development of new probiotic strains
• Focus on strict anaerobic bacteria
• Strengthening BioGaia’s position in digestive health

Market Segmentation and Regional Dynamics

Segmentation Overview

The digestive enzymes market is segmented based on enzyme type, origin, application, and distribution channel.

1. Enzyme Type:
   • Carbohydrates
   • Protease
   • Lipase
   • Other Enzyme Types
2. Origin:
   • Animal
   • Fungi
   • Microbial
   • Plant
3. Application:
   • Indigestion
   • Chronic Pancreatitis
   • Irritable Bowel Syndrome
   • Other Applications
4. Distribution Channel:
   • Retail Stores
   • Online Stores

Regional Insights

• North America emerged as the largest region in the digestive enzymes market in 2023.
• The Middle East is expected to be the largest growing region during the forecast period, highlighting the global nature of the digestive enzymes market’s expansion.

In conclusion, the digestive enzymes market’s growth is fueled by unhealthy lifestyles, emphasizing the importance of digestive health. As companies innovate with natural and plant-based solutions, and strategic acquisitions enhance probiotic development, the market is positioned for continued growth, offering solutions to individuals seeking improved digestive well-being.

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