Digestive Enzymes Market by Enzyme Type (Protease, Lipase Carbohydrase, and Others), Origin (Microbial, Animal, and Plant), and Geography    

Digestive Enzymes Market size was valued at USD 789.6 million in 2022 and is poised to grow at a significant CAGR of 8.2% over 2023-2029. Digestive enzymes are compounds that are used to supplement diet nutrients or to reduce the risk of health issues such as indigestion, chronic pancreatitis, irritable bowel syndrome, muscle gain, and obesity. The market is expected to rise due to the rising incidence of gastrointestinal diseases, increased awareness about GI health, and rise in focus on preventative health management. Moreover, surge in disposable income, increase in healthcare expenditure, rise in per capita GDP in various countries across the globe also burgeon the growth of digestive enzymes market over the forecast years. The market players are focus on the development of newer products to meet the consumer needs across the globe. For instance, in November 2020, George & Oliver, a Japan based company launched metabolism boosting enzyme supplement, a composition of linoleic acid and Bifidobacterium breve B-3, and enzymes. Increase in demand for digestive enzymes is due to rapidly grow in aging population, increasing of chronic gastrointestinal diseases, growing demand for preventive medicine, and the presence of major market players are the main reasons to contribute the growth of market.

Recent Market Developments:

• In July 2017 DSM secures regulatory approval to market the first and only enzyme demonstrated to effectively break down residual gluten in the European Union
• In March 2020, Klaire Labs launched Ther-biotic Synbiotic, the next-evolution, shelf-stable combination of prebiotic and probiotics strains, in the United States.