Digestive Enzymes Supplements Market by Sources (Animal, Plant, Microbial and Others) by Applications (Additional Supplements, Medical and Infant Nutrition and Sports Nutrition) - Market Growth, Future Prospects & Competitive Analysis, 2017 – 2025.
The human body is known to produce 22 different types of enzymes; however, shortage of digestive enzymes may occur in the human body. Lactase deficiency is the best known example that affects 70% of the world population. Aging also has an impact in the body’s ability to produce digestive enzymes resulting in 50% loss of digestive activity. Digestive enzymes are beneficial in easing the stress on stomach, gallbladder, liver, small intestine and pancreas to digest starch, fats and proteins.
For the purpose of this study, the various sources studied includes animal, plant, microbial and others. The applications are classified as additional supplements, medical and infant nutrition and sports nutrition. Market size estimates and forecast for these segments for the period 2015 to 2025 are provided in terms of US$ Mn along with the respective CAGRs for the period 2017 to 2025, considering 2016 as the base year.
Market size estimates and forecast for these segments for the period 2015 to 2025 are provided in terms of US$ Mn along with the respective CAGRs for the period 2017 to 2025, considering 2016 as the base year.
This report also includes qualitative assessment factors such as market dynamics (drivers, restraints and opportunities) to have a good understanding of the current and anticipated trends in the global digestive enzymes supplements market. Competition assessment tools such as Porter’s five forces analysis, market attractiveness assessment and competitive landscape analysis by key players are also presented in the study. Furthermore, this report concludes with profiling of key market players currently enjoying prominent position in the global digestive enzymes supplements market. The key players profiled in this report are Amway, Douglas Labs, Herbalife, Integrative Therapeutics, Klaire Labs, Lonza Group Ltd., Metagenics, National Enzymes Company, Nestec SA, Nutrica NV. ProteoZymes and other notable players.
The digestive enzymes supplements market is driven by factors such as rising public awareness to maintain healthy lifestyle, increased consumption for junk food items leading to gastrointestinal disturbances and stress-inducing hectic lifestyle. In addition the technological revolution in the dietary supplements industry over the past decade with excellent results and patient compliance will propel the deep market penetration for digestive enzymes supplements. In 2016 animal sources held the largest market share chiefly due to factors such as technological advancement in the formulation of pancreatic enzymes such as pancreatin, trypsin, and chymotrypsin which are active at high pH levels are now enteric coated so they are functional in alkaline pH of the small intestine. However they are likely to face restraints due to reported sensitivity and allergies to the animal derived enzymes. Plant sources will be the fastest growing segment throughout the forecast period 2017-2025 as it finds huge application in reducing acid indigestion, heartburn, reflux and other digestive disturbances. In addition the plant derived enzymes are functional at a much broader pH range. Microbial enzymes will have an excellent growth trend throughout the forecast period as fermented microbes exhibit broad pH activity and substrate specificity. The major players in digestive enzymes supplements market are Amway, Douglas Labs, Herbalife, Integrative Therapeutics, Klaire Labs, Lonza Group Ltd., Metagenics, National Enzymes Company, Nestec SA, Nutrica NV. ProteoZymes and other notable players.
Digestive issues arise from a number of factors such as decreased food intake, malabsorption, diarrhea and bacterial overgrowth. Increasing number of patients suffering with obesity, gastro esophageal disease and rising consumer preference for over the counter digestive supplements will boost the market penetration for the digestive enzyme supplements. In 2016, medical and infant nutrition dominated the market chiefly due to factors such as rising prevalence of patients suffering with gastrointestinal complications. Probiotics are helpful in building defensive mechanism of the immune system in infants and maintain a healthy gut flora to prevent diarrhea, irritable bowel syndrome and ulcerative colitis in the adults. Fiber dietary supplements help to maintain a healthy colon and promote nutrient absorption in the small intestine. Prebiotics have medicinal values such as it maintains the blood sugar and cholesterol to healthy levels. However the stringent regulatory norms regarding the prebiotics labeling varying region wise will hinder the market growth for medical and infant nutrition. Sports nutrition segment is anticipated to register faster growth through the forecast period 2017-2025, majorly due to increased consumption of these products by athletes, bodybuilders and patients as a dietary ingredient. Additionally the rising number of fitness centers, gymnasiums are resulting into growing health consciousness and will propel the demand for sports nutrition supplements.
North America was observed to be the largest regional market for digestive enzymes supplements in the base year 2016. According to the Centers for Disease Control and Prevention statistics in 2015, the number of U.S. citizens diagnosed with gastrointestinal ulcers were 14.8 million which represents 6.1% of the population. The dominance of North America is mainly attributed to rising prevalence of patients with gastrointestinal complications, rising public consciousness regarding healthy lifestyle, and presence of key nutraceutical players focusing on developing digestive enzymes dietary supplements. As per the United European Gastroenterology 2016 report, 1 in 3 children are obese in 46 European countries who have increased risk of suffering with gastrointestinal disease. The market growth in Europe is chiefly attributed to the factors such as increased consumption of junk food items, increased prevalence of gastrointestinal complications such as GERD, flatulence, inflammatory bowel disease etc., and supportive regulatory approval for dietary fiber and prebiotic products.
Asia Pacific will be the fastest growing regional segment throughout the forecast period 2017-2025. Factors that propel the market growth are presence of baby boomer population suffering with digestive disorders, rising demand for sports nutrition products among athletes, bodybuilders, fitness enthusiasts etc. In addition rapidly growing nutraceutical dietary supplements industry and large disposable incomes in these regions will propel dietary enzymes supplements market growth. Factors such as developing health infrastructure, government agencies combating malnutrition and hunger in poor nations by providing free food and medical aid are going to fuel the rapid growth of digestive enzymes supplements market in Latin America, and Middle East and Africa in the near future.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Digestive Enzymes Supplements market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
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Application
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report