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Diamine Oxidase Enzyme Market Size
Diamine Oxidase Enzyme Market size was valued at USD 21.86 million in 2022 and is anticipated to register a CAGR of over 5.7% between 2023 and 2032.
Growing awareness of histamine intolerance and its associated symptoms, such as headaches, gastrointestinal discomfort, and skin issues, has driven the demand for diamine oxidase enzyme supplements. As more people become aware of this condition, they seek relief through dietary supplements.
| Report Attributes | Details |
|---|---|
| Base Year: | 2022 |
| Market Size in 2022: | USD 21.86 Million |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 5.7% |
| 2032 Value Projection: | USD 38.13 Million |
| Historical Data for: | 2018 - 2022 |
| No. of Pages: | 180 |
| Tables, Charts & Figures: | 282 |
| Segments covered: | Form, Distribution, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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The regulatory environment for dietary supplements can be complex, and the approval process varies from one country to another. This can create challenges for companies operating in the market. In addition, supplements are not as widely available as other dietary supplements, which can limit access for some consumers. Distribution and availability constraints may hinder market growth in certain regions.
COVID-19 Impact
Economic uncertainties and reduced consumer spending during the pandemic led to decreased demand for dietary supplements, some consumers prioritized essential goods over non-essential health supplements. In addition, clinical trials and studies related to the market and histamine intolerance were also affected. Many research activities were postponed or delayed due to the focus on COVID-19 research and the restrictions on conducting clinical trials.
Diamine Oxidase Enzyme Market Trends
Companies are investing in the development of more effective supplements and innovative formulations, addressing the needs of individuals with histamine intolerance. On the flip side, the market has encountered regulatory challenges, particularly concerning dietary supplement regulations, which can vary across regions, leading to uncertainties for businesses in this sector.
Diamine Oxidase Enzyme Market Analysis
Based on form, liquid diamine oxidase enzyme segment dominated around USD 10.5 million revenue in 2022. It is often considered to be more easily absorbed by the body compared to solid dosage forms like capsules or tablets. This quicker absorption can provide faster relief for individuals with histamine intolerance, which is a condition these supplements are primarily designed to address.
Based on application, food and beverage segment accounted for 43.2% of the diamine oxidase enzyme market share in 2022. Personalized nutrition is on the rise, and DAO enzyme supplements fit well into this trend. Individuals with histamine intolerance may require tailored dietary solutions, and the food and beverage industry are responding by offering products that cater to specific dietary needs.
Based on distribution channel, the pharmacies and drugstore segment held over 50.2% of the market share in 2022, fueled by the healthcare industry's increasing emphasis on preventive and integrative medicine. Healthcare professionals are recognizing the importance of managing histamine intolerance as part of a holistic approach to health and wellness. This recognition translates into more frequent recommendations of DAO enzyme supplements, further boosting the demand for these products in pharmacies and drugstores.
The North America diamine oxidase enzyme market size reached USD 8.8 million in 2022. There has been an increased awareness of histamine intolerance and related conditions, prompting a growing demand for DAO enzyme supplements as individuals seek effective solutions to manage their symptoms. Additionally, the region has witnessed a surge in health and wellness trends, with consumers becoming more health-conscious and turning to natural supplements for their well-being, potentially including DAO enzymes.
Diamine Oxidase Enzyme Market Share
Major companies operating in the diamine oxidase enzyme industry includes:
- DR Healthcare
- Seeking Health, LLC
- Eat All (Stada Group)
- Pure Encapsulations, LLC
- Enzymedica, Inc.
- Swanson
- XYMOGEN
- Klaire Labs
- NOW Foods
- Nature's Way
- Jarrow Formulas, Inc.
- Himalaya Herbal Healthcare
- Thompson's (Integria Healthcare)
The companies are undergoing various strategic initiatives, such as mergers and acquisitions, partnerships, collaborations.
Himalaya is known for producing a diverse range of herbal and natural healthcare and wellness products. Their commitment to using natural ingredients and avoiding harmful chemicals underscores their dedication to holistic well-being. They offer pharmaceuticals, personal care items, nutritional supplements, and even veterinary care products. Popular products like the Neem Face Wash and Liv.52 have garnered international acclaim.
Diamine Oxidase Enzyme Industry News
- In June 2023. Enzymedica, Inc. introduced, Berberine Phytosome it harnesses the power of berberine to provide a natural and effective solution for blood sugar metabolism support, healthy weight management and heart, circulatory and immune health support.
The diamine oxidase enzyme market research report includes in-depth coverage of the industry with estimates & forecast in terms of transactional value (USD Billion) and transactional volume (Kilo Tonnes) from 2018 to 2032, for the following segments:
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Market, By Form
- Liquid Diamine Oxidase Enzyme
- Powder Diamine Oxidase Enzyme
- Capsule Diamine Oxidase Enzyme
- Tablet Diamine Oxidase Enzyme
- Others
Market, By Distribution Channel
- Pharmacies and Drugstores
- Health Food Stores
- Online Retailers
- Others
Market, By Application
- Food and Beverage
- Healthcare & Pharmaceuticals
- Industrial
- Cosmetics and Personal Care
- Others
The above information has been provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Australia
- Malaysia
- Latin America
- Brazil
- Mexico
- Argentina
- MEA
- UAE
- Saudi Arabia
- South Africa
- Egypt
Frequently Asked Questions (FAQ) :