Digestive enzymes are substances produced by human bodies that help in the digestion of food. These enzymes are secreted by the various parts of digestive system and they help to break down food components such as proteins, carbohydrates, and fats. This breakdown allows the nutrients from foods to be absorbed into our bloodstreams so that they can support the functioning of all of the cells in bodies.
DIGESTIVE ENZYMES MARKET DYNAMICS
The key factor boosting the growth of the market is increasing ageing population coupled with the increasing prevalence of gastrointestinal disorders. The world’s 65-plus population, already at a historical high of over 600 million people, it’s projected to hit a full billion by 2030, and 1.6 billion by 2050. The secretion of digestive enzymes usually decreases with age, which contributes to high levels of gastric discomfort, lower digestion rates, reduced food consumption, and/or a variety of other GI disorders. Therefore, with the increasing geriatric population, the market for digestive enzymes is expected to increase over the forecast.
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DIGESTIVE ENZYMES MARKET SEGMENTAL OVERVIEW
The report analyses the global digestive enzymes market based on type, origin, application and geography.
DIGESTIVE ENZYMES MARKET BY TYPE
The various types of digestive enzymes incorporated in this study are carbohydrase, protease and lipase. Their supplementation may play a role in the management of digestive disorders, from lactose intolerance to cystic fibrosis. To date, several formulations of digestive enzymes are available on the market, being different each other in terms of enzyme type, Protease permits the breakdown of protein molecules and thus improves protein digestion. Likewise lipase accelerates the digestion of large molecules by breaking them down into smaller lipids.
DIGESTIVE ENZYMES MARKET BY ORIGIN
Animal source originated digestive enzymes have the huge demand owing to the efficiency of these animal-derived enzymes in various diseases or conditions, such as pancreatitis, exocrine pancreatic insufficiency, and pancreatic cancer. Hence, rising prevalence of these diseases would influence the market growth. The reason behind it could be the similar pathophysiology of humans and animals.
DIGESTIVE ENZYMES MARKET BY APPLICATION
The global Digestive Enzymes market finds application in Dietery supplements, Medical & infant nutrition and Sports nutrition. Increasing awareness to weight loss and maintaining healthy lifestyle among adults & old-age people is likely to have a positive impact on the digestive enzyme supplements market. The sports nutrition application is likely to gain importance due to increasing consumption of these products by athletes, sportsmen, bodybuilders, and patients as a dietary ingredient.
DIGESTIVE ENZYMES MARKET BY GEOGRAPHY
Based on geography, the global digestive enzymes market is segmented into North America, Europe, Asia Pacific and Rest of the World. North America accounted for the largest market share owing to the increaing growing geriatric population along with rising incidences of chronic diseases and disorders, growing demand for preventive medicine, and the presence of major market players
DIGESTIVE ENZYMESMARKET KEY PLAYERS
The key competitors of this market include Johnson & Johnson Inc., Klaire Laboratories, Enzymes, Inc., Amano Enzyme Inc., Amway Corporation, Biotics Research Corporation, Country Life LLC, Garden of Life Inc., National Enzyme Company Inc., AST Enzymes, Advanced Vital Enzymes Pvt. Ltd, Zeus Biotech Limited, Vox Nutrition Inc., and Metagenics among others.
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