Global Digestive Enzyme Supplement Market

Digestive Enzyme Supplement Market Size, Share, Growth Analysis, By Origin(Animal, Plants, Microbial, Others), By Application(Additional Supplements, Medical & Infant Nutrition, Sports Nutrition), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15E2363 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 64 | Figures: 77

Digestive Enzyme Supplement Market Insights

Digestive Enzyme Supplement Market size was valued at USD 3.56 billion in 2021 and is poised to grow from USD 3.63 billion in 2022 to USD 4.14 billion by 2030, at a CAGR of 1.9% during the forecast period (2023-2030).

Over the next nine years, market growth is predicted to be aided by an increase in demand for these goods due to their health benefits. The elderly population is growing, gastrointestinal disorders are more common, people are becoming more aware of GI health, and there is a greater emphasis on preventive health management, all of which are driving the market's expansion. Increasing life expectancy and lower birth rates are causing a rapid ageing of the world's population. There is an increasing demand for the management of illnesses, such as GI tract blockages, as a result of the demographic trend towards an elderly population. In 2030, there will be 1.4 billion people who are 60 years of age or older, up from 1 billion in 2020, according to a report released by the World Health Organization in October 2021. The number of individuals in the globe who are 60 years of age and older will roughly quadruple to 2.1 billion by 2050, according to the analysis. Hence, given the growing elderly population, it is anticipated that the market for digestive enzymes would expand during the forecast period. The belief that probiotic and prebiotic supplements might replace digestive enzymes as well as strict regulatory standards are projected to impede market expansion over the forecast period.

US Digestive Enzyme Supplement Market is poised to grow at sustainable CAGR for the next forecast year.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Digestive Enzyme Supplement Market size was valued at USD 3.56 billion in 2021 and is poised to grow from USD 3.63 billion in 2022 to USD 4.14 billion by 2030, at a CAGR of 1.9% during the forecast period (2023-2030).

Due to a lack of significant product differentiation in the market, the industry is highly competitive. In both the U.S. and Canada, there are a lot of market participants. A few of the top players on the market are Klaire Laboratories, National Enzyme Company, ProteoZymes, Metagenics, Douglas Labs, and Integrative Therapeutics. 'National Enzyme Company (USA)', 'Metagenics, Inc. (USA)', 'Klaire Labs (USA)', 'Enzymedica, Inc. (USA)', 'Thorne Research Inc. (USA)', 'Douglas Laboratories (USA)', 'Pure Encapsulations, Inc. (USA)', 'Integrative Therapeutics, LLC (USA)', 'Garden of Life, LLC (USA)', 'NOW Foods (USA)', 'Solgar Inc. (USA)', 'Enzyme Science (USA)', 'BioGaia AB (Sweden)', 'Enzymotec Ltd. (Israel)', 'Chr. Hansen Holding A/S (Denmark)', 'Nature's Sunshine Products, Inc. (USA)', 'Biotics Research Corporation (USA)', 'Nutricology (USA)', 'Rainbow Light Nutritional Systems (USA)', 'Advanced Naturals (USA)', 'Source Naturals, Inc. (USA)', 'Irwin Naturals (USA)'

The prevalence of digestive problems such lactose intolerance, inflammatory bowel disease, and irritable bowel syndrome has significantly increased. Due to this, there is an increase in demand for supplements that help with digestion and lessen the symptoms of certain disorders.

Athletes and fitness enthusiasts are increasingly using digestive enzyme supplements to improve performance and lessen pain in their muscles. This has caused the market for digestive enzyme supplements to increase in the sports nutrition sector.

With a volume share of 46.3% in 2021, North America was the largest market. This region is predicted to continue to lead the market due to rising usage, a decrease in calorie content, and excellent nutritional value. Over the projected period, it is expected that growing consumer awareness of nutritional products in Mexico as a result of the introduction of new products will encourage the use of supplements.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Digestive Enzyme Supplement Market

Report ID: SQMIG15E2363

$5,300
BUY NOW GET FREE SAMPLE