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Digestive Enzyme Market Size

  • Report ID: GMI5346
  • Published Date: Jun 2024
  • Report Format: PDF

Digestive Enzyme Market Size

Digestive Enzyme Market size was worth USD 644.32 million in 2023 and is projected to grow at a 9.4% CAGR between 2024 and 2032, driven by advancements in enzyme technology, enhancing stability and effectiveness, and increasing health consciousness among consumers. These innovations cater to the rising demand for natural digestive health solutions. As awareness of gut health benefits spreads, consumers increasingly seek enzyme supplements to support digestion, driving market growth and prompting further development of targeted formulations to meet diverse dietary and health needs.

 

For instance, in May 2023, DSM-Firmenich introduced Maxilact®Next, the fastest and purest lactase enzyme in the market, enhancing lactose-free dairy production efficiency. This latest addition to the Maxilact® range sets a new benchmark in enzyme technology.
 

The growth of the digestive enzyme industry is fueled by increasing digestive disorders such as lactose intolerance and gluten sensitivity. As more individuals seek relief from these conditions, the demand for enzyme supplements that aid digestion rises. Additionally, the expanding functional foods sector integrates digestive enzymes into products like yogurt and granola bars, offering convenient solutions for consumers looking to support their digestive health through everyday dietary choices.
 

For instance, in February 2022, Mimi's Rock Corp. announced that Dr. Tobias, its popular supplements brand, is launching Digestive Enzymes with Prebiotics and Probiotics to meet increasing demand for digestive health products, enhancing their portfolio in this growing market segment.
 

The digestive enzymes industry faces challenges due to high production costs for top-tier formulations and rigorous regulatory hurdles. However, these obstacles also ensure that products meet stringent quality standards and safety requirements. Overcoming these challenges stimulates innovation and promotes the development of reliable digestive health solutions. This process ultimately benefits consumers by providing effective products they can trust to support and maintain their digestive wellness.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of digestive enzyme reached USD 644.32 million in 2023 and is set to witness 9.4% CAGR from 2024 to 2032, led by advancements in enzyme technology for enhancing stability and effectiveness, and increasing health consciousness among consumers.

The carbohydrases product segment in the digestive enzyme industry accounted for USD 356.05 million in 2023, attributed to its extensive application in breaking down carbohydrates into simple sugars, essential for energy production.

The microbial source segment in the digestive enzyme market held over USD 386.27 million in 2023 and is estimated to depict 9.4% CAGR between 2024 and 2032, owing to its superior efficiency and stability under diverse conditions.

Europe market size recorded USD 173.12 million in 2023 and is poised to grow at 9.4% CAGR from 2024 to 2032, driven by the increasing health consciousness, rising incidences of digestive disorders, and well-established healthcare infrastructure in the region.

Digestive Enzyme Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 532
  • Countries covered: 25
  • Pages: 300
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