Digestive Enzyme Supplements Market Growth Sales Revenue Analysis 2033
Digestive Enzyme Supplements Market Growth Sales Revenue Analysis 2033
Digestive Enzyme Supplements Market

The digestive enzyme supplements market size is experiencing a surge in popularity, driven by a confluence of consumer trends and health concerns. This market, valued at US$ 1.9 billion in 2023, is projected to reach a staggering US$ 3.5 billion by 2033, reflecting a compelling CAGR of 6.1%. This growth trajectory presents a lucrative opportunity for B2B investors seeking exposure to the thriving digestive health sector.

Demand on the Rise: Consumers Craving Digestive Wellness

The demand for digestive enzyme supplements is being fueled by several key factors:

  • Growing Focus on Digestive Health: Consumers are increasingly prioritizing digestive health and are actively seeking solutions to manage common digestive issues like lactose intolerance, bloating, and occasional heartburn. Digestive enzyme supplements offer a natural and convenient way to support healthy digestion.
  • Rising Prevalence of Digestive Disorders: The incidence of digestive disorders like irritable bowel syndrome (IBS) and chronic pancreatitis is on the rise globally. This is creating a significant demand for digestive enzyme supplements as a complementary therapy alongside conventional treatment methods.
  • Aging Population: The global population is aging rapidly, and with age comes a decline in the body’s natural production of digestive enzymes. This demographic shift is further propelling the demand for digestive enzyme supplements.

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Growing Factors: A Promising Future for Digestive Enzyme Supplements

  • Product Innovation and Diversification: Manufacturers are constantly innovating and expanding their product lines to cater to diverse consumer preferences. This includes introducing new enzyme combinations, delivery formats (capsules, chewable tablets, etc.), and flavors to enhance product appeal.
  • Focus on Plant-Based and Microbe-Derived Enzymes: Advancements in enzyme research are leading to the development of novel plant-based and microbe-derived enzymes. These enzymes offer potential advantages such as broader functionality and improved efficacy compared to traditional animal-derived enzymes.
  • Rising E-commerce Penetration: The growing popularity of online shopping is creating new avenues for the distribution and marketing of digestive enzyme supplements. E-commerce platforms offer increased convenience and wider product selection for consumers, further fueling market growth.

Key Takeaways from the Digestive Enzyme Supplements

  • The digestive supplement market in the US is expanding at a rate of 5.2% as a result of important product launches, increased research activity and a high concentration of manufacturers or market players, in the country.
  • With a revenue share of USD 113.5mn, U.K has contributed a sizeable share in the global market. The growing online sales channel and expansion of sports nutrition is proliferating market growth.
  • Currently, China holds dominance with a growth rate of 7.1% in Asia Pacific region. The high prevalence of chronic disorders had let regulating authorities to initiate various awareness programs which highly includes the incorporation of digestive support.
  • Animal derived segments dominates the market and would expand substanitialy at a CAGR of 4.9%. Increases in gastrointestinal illnesses are predicted to have a favourable effect on the segment’s growth because animal-derived digestive enzymes are one of the most effective treatments for these conditions.
  • Due to the increased frequency of digestive problems globally and the adoption of conventional ways for the disease’s care, conventional dietary supplements will grow exponentialy at a rate of 5.6%.
  • Due to rising public awareness of fitness and wellbeing, the sports nutrition industry is expected to develop at the highest pace of 9.4%. Increase in sporting events and activities will further expand market reach.

Competitive Landscape

Due to the existence of several businesses operating both internationally and regionally, the digestive enzymes market is fragmented in character. A few well-known, internationally operating as well as domestically based businesses are examined in the competitive landscape, including Zeus Biotech Limited, Klaire Labs, Amway Corporation, AbbVie Inc., and Biotics Research Corporation, among others.

Latest Developments

  • The University of Illinois at Urbana-Champaign will host a clinical trial in February 2022 that Bio-Cat Inc. is funding to examine the effectiveness of a digestive enzyme combination designed to enhance protein digestion and gastrointestinal tolerance.
  • Mimi’s Rock Corp. announced in February 2022 that its supplements brand, Dr. Tobias, is extending the range of products it offers by adding digestive enzymes, prebiotics, and probiotics to support gut health. This move is being made in response to the rising demand for products in the digestive health sector.

Key Segments Covered in the Digestive Enzyme Supplements Market Report

By Origin:

  • Animal
  • Plant
  • Microbial

By Application:

  • Additional supplements
  • Medical & infant nutrition
  • Sports Nutrition

By Type:

  • Carbohydrase
  • Protease
  • Lipase
  • Other Enzyme Types

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Japan
  • Middle East & Africa (MEA)

 

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