Digestive Enzymes Market size to exceed $1.2bn by 2030

Digestive Enzymes Market size will be worth more than USD 1.2 billion by 2030, according to a new research report published by Global Market Insights Inc.
 

Rapid urbanization, sedentary lifestyles, unhealthy dietary habits, and gradual degradation of environmental variables are significantly affecting the human immune system. This has increased the demand for digestive enzyme supplements to treat heartburn, gut irritation, and other ailments arising from the evolving habits. These enzymes can be administered orally as medications or as dietary supplements for treating gastrointestinal disorders, making consumption easier. Both human nutrition and animal nutrition applications will foster the market trends over the coming years.
 

Surging consumption of meat products to increase demand for lipases

In terms of product, the digestive enzymes market is fragmented into proteases, lipases, carbohydrases, alpha-galactosidase, maltase, and others. The lipases segment was valued at over USD 40 million in 2021. This is credited to the growing demand for lipases in animal feed and dairy sectors, with the increased demand for processed dairy and meat products. Lipases are a group of enzymes that catalyze fat breakdown. The dairy, animal feed, and confectionery sectors are heavily reliant on these ingredients, which may stimulate product demand and in turn drive digestive enzymes industry progress.
 

Advantages offered by plant-sourced enzymes to bolster market forecasts

Plant sourced digestive enzymes segment registered a value of over USD 80 million in 2021. Plant sources for food enzymes comprise fig, malted barley, kiwi, and pineapple latex. Yeast enzymes such as lactases and lipases are also crucial in confectionery and bakery production. Furthermore, plant-based enzymes are prominently used in the dairy industry for making cheese, as they improve crumb firmness, increase volume, prolong shelf life, and improve flavors. Besides, the ingredient is also used in baking applications as an emulsifier.
 

Improved production efficiency to favor the use of digestive enzymes in animal nutrition

Based on end-use, the digestive enzymes market is categorized into human nutrition and animal nutrition. Of these, the animal nutrition segment is anticipated to register a CAGR of over 9% through 2022-2030. The growth can be credited to the ability of animal feed enzymes to lower feed costs while maintaining livestock performance. Additionally, improving the digestibility of food increases the nutritional density of diets, offering ample nutrition for animals. With such effective properties, animal producers are encouraged to include feed enzymes in the feed ingredients.
 

Browse key industry insights spread across 200 pages with 366 market data tables & 15 figures & charts from the report, “Digestive Enzymes Market Size By Product (Proteases, Lipases, Carbohydrases [Amylases, Cellulase, lactases], Alpha-Galactosidase, Maltase) (Sucrases, Protopectinase, etc)), By Source (Animal, Plant, Microbial), By Application (Human Nutrition [Pharmaceuticals, Dietary Supplements] Animal Nutrition [Aquaculture, Poultry, Swine, Cattle, Pet Food]), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 – 2030” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/digestive-enzymes-market
 

Regulatory upgrades in enzyme evaluation guidelines to support industry growth in Europe

Europe digestive enzymes market value is projected to exhibit a CAGR of over 8% through 2030. This growth can be accredited to proactive regulatory changes in the guidelines used to evaluate food enzymes.
 

In 2021, the European Food Safety Authority (EFSA) updated its scientific guidance on the safety evaluation of food enzymes. The updated guidelines take into consideration the latest scientific developments across different risk assessment areas of food enzymes. For instance, it comprises new criteria to characterize microorganisms used in the production of these enzymes. Regulatory upgrades such as these will support the growth of the regional market.
 

Supply chain optimization initiatives to strengthen the market outlook

Top contenders operating in the digestive enzymes market include DSM, Novozymes, AST Enzymes, Specialty Enzymes and Probiotics, Lumis Biotech, Amano Enzyme, and Aumenzymes. During the COVID-19 pandemic, there were some uncertain disruptions in the supply chain due to stringent lockdown measures. As the impact of pandemic declines, businesses have been making efforts to retain and optimize their supply networks.
 

To ensure effective product distribution across all operational regions, these entities are signing supply chain agreements with distributors and dealers. However, the market competition is anticipated to grow considerably over the forecast period with digestive enzyme manufacturers to exploring various methods to boost their profit margins and obtain a competitive edge.