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Digestive enzymes help break down proteins, carbohydrates, and fats during digestion. The supplement forms of these enzymes are gaining widespread popularity for supporting digestive health. Issues like acid reflux, bloating, indigestion and irritable bowel syndrome (IBS) are leading more people to use enzyme supplements to improve absorption of nutrients from food.
The global Digestive Enzyme Market is estimated to be valued at US$ 569 Mn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends driving the growth of the digestive enzyme market is the growing awareness about digestive health issues. Various factors like changes in lifestyle and diet habits have increased the prevalence of digestive disorders in recent years. People are increasingly recognizing the connection between digestive problems and overall well-being. As more information is available online and through health experts, there is better understanding of the role of digestive enzymes in digestion. Enzyme supplements are considered a natural and side-effect free solution to support digestion. The market players are expected to leverage this increased awareness by educating more consumers about the benefits of digestive enzymes through various marketing campaigns. This will help further increase the demand.
SWOT Analysis
Strength: Digestive enzyme supplements offer a natural solution to improve digestion. They help break down proteins, carbohydrates, and fats, allowing for optimal nutrient absorption.
Weakness: Over-the-counter products may not provide accurate dosage levels. Some people also experience side effects like gas and bloating from certain enzyme blends.
Opportunity: A growing awareness of digestive health presents opportunities to educate consumers. As lifestyles get busier, demand is rising for products that support efficient digestion of meals.
Threats: Misinformation could undermine the market if non-credible claims are made. Stricter regulations may be imposed on supplement labeling and composition.
Key Takeaways
The global digestive enzyme market is expected to witness high growth over the forecast period of 2023 to 2030. The global Digestive Enzyme Market is estimated to be valued at US$ 569 Mn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030.
Regional analysis reveals North America currently dominates due to widespread supplement consumption. Europe and Asia Pacific are fast emerging regions with health-conscious populations open to such products.
Key players operating in the digestive enzyme market are National Enzyme Company, Garden of Life LLC, Country Life LLC, Rainbow Light Nutritional System Inc., Food State Inc., Matsun Nutrition, Metagenics, Inc., TwinLab Corporation, Abbott Nutrition, Amway Corporation, Klaire Labs, Zenwise Health LLC, Integrative Therapeutics, LLC, Douglas Labs, Enzymedica Inc., Thorne Research Inc., Pure Encapsulations, LLC, Ortho Molecular Products Inc., Allergy Research Group, and Biotics Research Corp.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
