Digestive Enzyme Supplements Market - Forecast(2023 - 2028)

The Digestive Enzyme Supplements Market size is estimated to reach $1.27 billion by 2027. Furthermore, it is poised to grow at a CAGR of 8.9% over the forecast period of 2022-2027. The digestive enzyme's role for the body is to help the system digest food. More commonly they are released by the salivary gland and from the cell lining of the stomach-pancreas-and small intestine. The entire process is completed by breaking the large molecules or complex molecules into smaller ones. The smaller molecule can be taken throughout the body, and thereby helping the functionality. Amylase, as an enzyme is secreted by salivary glands and pancreas and helps in the digestion of carbohydrates. Similarly, lipase is conjured by the mouth-stomach-pancreas and helps in breaking fats into fatty acids and glycerol. Similarly, pepsin is secreted by the stomach and helps break off proteins to peptides and amino acids. Cholecystokinin is a peptide hormone that also helps in stimulating the digestion of fats and proteins. Similarly, trypsin also aids in the digestion of protein. Lactase is responsible for breaking down lactose, and many of the people suffering from such incidence are turned into lactose intolerant. The tendency of consumers for eating outdoor or packaged food owing to the rising urbanization trends along with the rise in digestive relative procedures amongst the growing geriatric population have been the key factors driving the Digestive Enzyme Supplements Industry for the projected period of 2022-2027.

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Report Coverage

The report: “Digestive Enzyme Supplements Market Forecast (2022-2027)", by Industry ARC covers an in-depth analysis of the following segments of the Digestive Enzyme Supplements Market.

By Source- Animal, Plant, Microbial, and Others. 
By Product Type- Tablets and Capsules, Powder, and Others.
By Distribution Channel – Offline and Online.
By Geography- North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, and Rest of South America), and Rest of the World (the Middle East, and Africa).

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Key Takeaways

• Geographically, North America’s digestive enzyme supplements market held a dominant market share in the year 2021. It is owing to the rising ailments pertaining to digestive health and other metabolic disorders caused by old age. However, Asia-Pacific is estimated to offer lucrative growth opportunities to the marketers owing to the recent product launches, and the awareness pertaining to the beneficial effects of consuming such enzymes.
• The tendency of consumers for eating outdoor or packaged food owing to the rising urbanization trends along with the rise in digestive relative procedures amongst the growing geriatric population have been the key factors driving the Digestive Enzyme Supplements Market. However, regulations and the growing market competition has narrowed down the earning potential.
• A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Digestive Enzyme Supplements Market Report. 
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  An intense market competition brings out the best for consumers, however, is an impending market growth factor

  Competition has been growing within the dietary supplements market, which comes as a boon for the consumers, however is a challenge for marketers as with high competition the profitability matrix can take a deep hit. Consumers, while purchasing supplements would try a minimum of two brands for them to gauge advantage. However, marketers claim that benefits can not be reaped within a short span of time, the consumer decisions are often short spaced. And marketers always believe- one loyal customer is far greater than 100 floating consumers. The following theory stands true for the discussed market as well. Loyalty is extremely low as the competition is extremely high. For example, 90 capsule digestive supplements across brands cost between INR 650-750.

  Digestive Enzyme Supplements Industry Outlook

  Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Digestive Enzyme Supplements Market. Digestive Enzyme Supplements top 10 companies include:

  1. Klaire Labs,
  2. National Enzyme Company,
  3. ProteoZymes,
  4. Metagenics,
  5. Douglas Labs,
  6. Integrative Therapeutics,
  7. Amway.
  8. Advanced Enzyme Technologies
  9. Klaire Laboratories
  10. VOX Nutrition
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  Recent Developments

  • In July 2020, FRISKA a new health and wellness brand would launch ten innovative dietary supplements which would work on improving gut health. FRISKA's proprietary blend of digestive enzymes and a clinically-proven probiotic anchor each of the unique formulations. FRISKA launched in May at CVS Pharmacy, CVS.com, Whole Foods stores nationwide as well as Amazon, retailing at $29.99. The finished product is a month's supply packaged in a cobalt blue glass bottle within a modern paperboard tube that is recyclable and biodegradable.
  • In November 2020, Vital Plan launched its product line- Active Enzymes. The product has been derived by using 15-plant based digestive enzymes. The product has a blend of cardamom and fennel which provides GI Support and comfort. The product is -> gluten-free, GMO-free, soy-free, peanut-free, dairy-free, and from other artificial colors and fragrances. The plant-based enzyme formula contains Amylase, Alpha Galactosidase, Protease, Lipase, Bromelain, Lactase, and other advanced, time-tested enzymes that are essential for combating occasional excess gas, bloating, and difficulty with regularity.
  • In January 2019, Healthy Hey launched its Digestive Enzymes- Multi Enzyme Complex Formula. It contains all the necessary enzymes such as amylase-proteas-lipase-cellulase- and lactase. The packaging would vary according to the need, but the commonly sold packaging is 60-90-120days. Healthy-hey multi-enzyme complex is made from plant-derived enzymes, which means it is not an animal-derived enzyme. Healthy-hey manufacturing facility is FSSAI, ccl GMP, fssc 22000, and halal certified.

  
  

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