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Digestive Enzyme Market Trends

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

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Digestive Enzyme Market Trends

The digestive enzyme industry is propelled by ongoing innovation in delivery formats such as chewable tablets, capsules, and powders, catering to diverse consumer preferences for convenience and efficacy.

Besides, intensive research and development efforts enhance enzyme stability, potency, and application in various formulations. This dual approach meets evolving consumer demands and expands the market by offering effective digestive health solutions that are accessible and appealing to a broad audience. For instance, in September 2022, Creative Enzymes introduced recombinant Kex2 protease from Saccharomyces cerevisiae for cleaving secreted peptides in yeast-based protein expression, enhancing capabilities in exogenous protein production.

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.