The prevalence of gastrointestinal disorders contributes to the growth of the digestive enzymes market
The Business Research Company Global Digestive Enzymes Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026
LONDON, GREATER LONDON, UK, Feb. 11, 2022 /EINPresswire.com/ — Rising prevalence of gastrointestinal disorders among different age groups is driving the growth of the digestive enzymes market. Gastrointestinal disorders include disorders of the gastrointestinal tract starting from the mouth, esophagus, stomach, small intestine, large intestine and anus due to lack of enzymes digestive. Gastrointestinal disorders require digestive enzymes to be taken by mouth as a dietary supplement or as a medication. Increased rates of gastrointestinal disorders are linked to smoking, diet and genetics, sanitation, increased use of antibiotics, and changing environmental factors due to industrialization and urbanization. According to the American Gastroenterological Association survey published in April 2020 on the worldwide prevalence and burden of functional gastrointestinal disorders, among 73,076 adult respondents, approximately 40.3% of people met the diagnostic criteria for at least 1 functional gastrointestinal disorder (FGID). FGIDs were more common in women than in men. A large-scale multinational study found that more than 40% of the population has FGID worldwide. Hence, the increase in the prevalence of digestive diseases is contributing to the growth of the digestive enzymes market.
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The global digestive enzymes market size is expected to grow from USD 0.75 billion in 2021 to USD 0.82 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The market growth is mainly driven by businesses resuming operations and adapting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive lockdown measures involving social distancing , remote working and closing business activities. which resulted in operational difficulties. The digestive enzymes market share is expected to reach $1.17 billion in 2026 with a CAGR of 9.3%.
Digestive enzymes market trends include companies investing in the development of customized digestive enzymes. These personalized digestive enzymes are condition-specific enzymes to support the digestion of sensitive digestive patients and may contain multiple enzymes in the same product. Companies involved in the manufacturing of digestive enzymes are developing custom digestive enzymes to aid in the digestion of different types of food. For example, Sabinsa, an American supplier of herbal extracts, cosmeceuticals, minerals and dietary supplements, formulated DigeZyme. DigeZyme is a multi-enzyme complex composed of five different enzymes, namely cellulase, lactase, amylase, lipase and protease. It is widely used by people who have difficulty digesting carbohydrates, fats and proteins respectively. Companies are increasingly investing in the development of personalized digestive enzymes.
The major players covered in the global digestive enzymes industry are Garden of Life, Biotics Research Corporation, Klaire Laboratories, Abbott Nutrition, AbbVie Inc., Allergan PLC, Johnson & Johnson Inc. Amway Corporation, Food State Inc., Matsun Nutrition, Metagenics Inc., Twinlab Corporation, Food State Inc., AST Enzymes, VEMO 99 OOD, Advanced Vital Enzymes Pvt. Ltd., Zeus Biotech Limited, Vox Nutrition Inc., Enzyme Bioscience Pvt. Ltd., Metagenics, XYMOGEN Inc., Douglas Laboratories, Thorne Research, Integrative Therapeutics LLC, Pure Encapsulations, Ortho Molecular Products Inc., Designs for Health Inc., Master Supplements Inc. and Proteozymes.
Global TBRC Digestive Enzymes market segmentation is split by Enzyme Type into Carbohydrate, Protease, Lipase, Other Enzyme Types, by Animal, Fungal, Microbial, Plant Origin, by Application in Indigestion, Chronic Pancreatitis , irritable bowel syndrome, other applications, by distribution channels in retail stores, online stores.
Global Digestive Enzymes Market Report 2022 – By Enzyme Type (Carbohydrate, Protease, Lipase, Other Enzyme Types), By Origin (Animal, Fungus, Microbial, Plant), By Application (Indigestion, Chronic Pancreatitis, Syndrome Irritable Bowel Disease, Other Applications), By Distribution Channel (Retail Stores, Online Stores) – Global Market Size, Trends and Forecasts 2022-2026 is part of a series of new reports from The Business Research Company that provides a Digestive Enzymes Market overview, forecasts Digestive Enzymes Market size and Digestive Enzymes Market growth for overall market, Digestive Enzymes Market segments, geographies, Digestive Enzymes Market trends, market drivers digestive enzymes, restraints, revenue, profiles and market shares of major competitors.
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