Digestive Enzyme Supplements Market - Forecast(2020 - 2025)

Report Code: FBR 81345 Report Format: PDF + Excel (Delivery in 48 Hrs)
Digestive Enzyme Supplements Market Overview 
Digestive Enzyme Supplements Market size is valued at $992.3Bn by 2019, and is anticipated to grow at a CAGR of 7.12% during the forecast period 2020-2025. The Digestive Enzyme Supplements Market growth rate is attributed to the rising geriatric population, the rising prevalence of gastrointestinal disorders, increasing awareness about GI health, and focus on preventive health management are expected to be the major driving factor of Digestive Enzyme Supplements industry. Digestive enzymes represent a group of enzymes secreted by the digestive organs, for breaking down complex macromolecules into their constituents, in order to facilitate their absorption by the body. From growing awareness regarding the government initiatives regarding increasing innovation and rise in investment for various public and private organizations related to Digestive Enzyme Supplements is anticipated to propel the Digestive Enzyme Supplements Market during the forecast period 2020-2025.

Report Coverage
The report: “Digestive Enzyme Supplements Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Digestive Enzyme Supplements Market:

By Product Type: Carbohydrase, Protease, Lipase and Other Enzyme Type.
By Source Type: Animal, Plant, Microbial and Others.
By Application: Additional Supplement, Medical & Infant Nutrition, Sports Nutrition and Others.
By Distribution Channel: Store-based and Non Store-based.
By Geography: North America, Europe, Asia-Pacific and RoW.

Key Takeaways
  • North America dominated the Digestive Enzyme Supplements Market with a share of 37% in the year 2019.        
  • The factors such large number of aging population suffering with digestive complications, preference for oily and spicy food coupled with rising preference to sports nutrition products among athletes, fitness enthusiast etc. are amongst the major factor projected to impel growth of Digestive Enzyme Supplements Market.
  • High prevalence of GI disorders, the changing lifestyle, unhealthy eating habits, and high disposable income are the key factors owing to the growth in the segment during forecast period 2020-2025.

Source Type - Segment Analysis
Animal-derived segment held the largest share in the market. These products are anticipated to witness less growth as compared to other enzyme supplements as they are functional only at high pH levels and are less efficient for aiding digestion in the stomach. However, these products are likely to face challenges, as there is a consumer shift towards vegan food items and they do not prefer these products. In addition, factors such as consumer’s sensitiveness and allergies to these products are anticipated to hinder growth over the forecast period 2020-2025.
Moreover, plant-based enzymes accounted for 5.22% of the overall revenue in 2019 and are anticipated to foresee significant growth as these products aid in reducing acid indigestion, heartburn, reflux, and other digestive disturbances. Furthermore, the usability of these products across a wide range of pH levels is likely to expand their application; such trends are expected to aid the industry over the forecast period 2020-2025.

Application Type-Segment Analysis
On the basis of application, additional supplements segment held the major share of the market in terms of revenue and is expected to grow with a CAGR of 6.12%. The reason attributed is the rising awareness towards weight loss and maintaining a healthy lifestyle among adults & old-age people. Furthermore, increasing expenditure for the development of new supplements is anticipated to augment demand over the forecast period.
However, athletes, sportsmen, bodybuilders, and patients anticipate the application of digestive enzymes in sports nutrition to gain a significant CAGR owing to increasing consumption of these products as a dietary ingredient. Furthermore, increasing number of fitness centers, gymnasiums, and health clubs coupled with growing health consciousness is likely to propel the growth.
   
By Geography - Segment Analysis
North America dominated the Digestive Enzyme Supplements Market with a share of 37% in 2019. The application of Digestive Enzyme Supplements has grown rapidly over the last few years owing to the increasing usage along with reduced calorie level and high nutritional content. Increasing awareness of nutritional products in Mexico on account of new product launches is anticipated to promote the application of supplements over the forecast period 2020-2025. Furthermore, new product developments and attractive internet campaigns by companies, such as Amway and Herbalife in the U.S., are projected to amplify the demand over the upcoming years. 
Asia Pacific is anticipated to witness robust growth over the forecast period, owing to poor dietary habits of the population in countries including India, China, and Japan. In addition, rising expenditure on health enhancing ingredients in light of physical fitness requirements and increasing sports activities in the region is likely to fuel demand over the forecast period.

Drivers – Digestive Enzyme Supplements Market
  • Rising Demand For Digestive Enzyme Supplements With Rising Geriatric Population And Prevalence Of Gastrointestinal Disorders:
With rising demand for digestive enzyme supplements with rising geriatric population and prevalence of gastrointestinal disorders is expected to drive the Digestive Enzyme. The secretion of digestive enzymes usually decreases with age, which contributes to high levels of gastric discomfort, lower digestion rates, reduced food consumption, and/or a variety of other GI disorders. Therefore, with the increasing geriatric population, the market for digestive enzymes is expected to increase, over the forecast period. The demographic trend toward an aging population represents a growing need for the management of disorders, such as GI tract obstructions. 

Challenges – Digestive Enzyme Supplements Market
  • Various Side-effects and availability of alternatives: 
The major challenge for the market is attributed to the various side-effects associated with the digestive enzymes such as GI pain, headache, constipation and diarrhea with improper ingestion of those digestive agents. Furthermore, the availability of various probiotics and its substitutes is anticipated to restrain the growth of Digestive Enzyme Supplements market in the near future.  

Digestive Enzyme Supplements Industry Outlook
Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Digestive Enzyme Supplements Market. In 2019, the top ten players present in the market fragment Digestive Enzyme Supplements Market share. Digestive Enzyme Supplements Market top 10 companies are Klaire Labs, National Enzyme Company, ProteoZymes, Metagenics, Douglas Labs, Integrative Therapeutics, Amway, Advanced Enzyme Technologies, National Enzyme Company, Metagenics, Inc. and others.

Acquisitions/Product Launches
  • In November 2015, Vox Nutrition launched a new private label digestive enzyme supplement, Digestion Enzyme Pro Blend. The product aims to enhance nutrition absorption, assist the body in breaking down difficult proteins, supports healthy digestion, and helps in relieving reactions of common food intolerances.
  • In October 2015, XYMOGEN’s production site received approval from Therapeutic Goods Administration (TGA), a pharmaceutical regulatory agency based in Australia, and became the exclusive manufacturer of supplements in the U.S. This strategy was implemented to gain market penetration for digestive enzyme supplements in Australia.

1. Digestive Enzyme Supplements Market Overview
    1.1 Definitions and Scope
2. Digestive Enzyme Supplements Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Product Type
    2.3 Key trends by Distribution Channel
    2.4 Key trends by Geography
3. Digestive Enzyme Supplements Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Digestive Enzyme Supplements Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Digestive Enzyme Supplements Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Digestive Enzyme Supplements Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Digestive Enzyme Supplements Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Digestive Enzyme Supplements Market – By Product Type (Market Size –$Million/$Billion)
    8.1 Carbohydrase
    8.2 Protease
    8.3 Lipase
    8.4 Other Enzyme Types
9. Digestive Enzyme Supplements Market – By Source Type (Market Size –$Million/$Billion)
    9.1 Animal
    9.2 Plant
    9.3 Microbial
    9.4 Others
10. Digestive Enzyme Supplements Market – By Application (Market Size –$Million/$Billion)
    10.1 Additional supplements
    10.2 Medical & infant nutrition
    10.3 Sports nutrition
    10.4 Others
11. Digestive Enzyme Supplements Market – By Distribution Channel (Market Size –$Million/$Billion)
    11.1 Store-Based 
        11.1.1 Super markets & general merchandisers
        11.1.2 Food service & drinking places
        11.1.3 Convenience Stores
    11.2 Non Store-Based/ E-Commerce
12. Digestive Enzyme Supplements Market - By Geography (Market Size –$Million/$Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 U.K.
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 India
        12.3.3 Japan
        12.3.4 South Korea
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific
    12.4 Rest of the World
        12.4.1 Middle East
        12.4.2 Africa
        12.4.3 South America
13. Digestive Enzyme Supplements Market -Entropy
14. Digestive Enzyme Supplements Market –Industry/Segment Competition Landscape Premium 
    14.1 Market Share Analysis
        14.1.1 Global Market Share – Key Companies
        14.1.2 Market Share by Region – Key companies
        14.1.3 Market Share by Countries – Key Companies
        14.1.4 Best Practices for Companies
15. Digestive Enzyme Supplements Market – Key Company List by Country Premium Premium
16. Digestive Enzyme Supplements Market Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Digestive Enzyme Supplement Market:Origin Estimate Trend Analysis Market 2019-2024 ($M)
1.1 Animal Market 2019-2024 ($M) - Global Industry Research
1.2 Plant Market 2019-2024 ($M) - Global Industry Research
1.3 Microbial Market 2019-2024 ($M) - Global Industry Research
2.Global Digestive Enzyme Supplement Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
2.1 Additional Supplement Market 2019-2024 ($M) - Global Industry Research
2.2 Medical Infant Nutrition Market 2019-2024 ($M) - Global Industry Research
2.3 Sport Nutrition Market 2019-2024 ($M) - Global Industry Research
3.Global Digestive Enzyme Supplement Market:Origin Estimate Trend Analysis Market 2019-2024 (Volume/Units)
3.1 Animal Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Plant Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Microbial Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Digestive Enzyme Supplement Market:Application Estimate Trend Analysis Market 2019-2024 (Volume/Units)
4.1 Additional Supplement Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Medical Infant Nutrition Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Sport Nutrition Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Digestive Enzyme Supplement Market:Origin Estimate Trend Analysis Market 2019-2024 ($M)
5.1 Animal Market 2019-2024 ($M) - Regional Industry Research
5.2 Plant Market 2019-2024 ($M) - Regional Industry Research
5.3 Microbial Market 2019-2024 ($M) - Regional Industry Research
6.North America Digestive Enzyme Supplement Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
6.1 Additional Supplement Market 2019-2024 ($M) - Regional Industry Research
6.2 Medical Infant Nutrition Market 2019-2024 ($M) - Regional Industry Research
6.3 Sport Nutrition Market 2019-2024 ($M) - Regional Industry Research
7.South America Digestive Enzyme Supplement Market:Origin Estimate Trend Analysis Market 2019-2024 ($M)
7.1 Animal Market 2019-2024 ($M) - Regional Industry Research
7.2 Plant Market 2019-2024 ($M) - Regional Industry Research
7.3 Microbial Market 2019-2024 ($M) - Regional Industry Research
8.South America Digestive Enzyme Supplement Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
8.1 Additional Supplement Market 2019-2024 ($M) - Regional Industry Research
8.2 Medical Infant Nutrition Market 2019-2024 ($M) - Regional Industry Research
8.3 Sport Nutrition Market 2019-2024 ($M) - Regional Industry Research
9.Europe Digestive Enzyme Supplement Market:Origin Estimate Trend Analysis Market 2019-2024 ($M)
9.1 Animal Market 2019-2024 ($M) - Regional Industry Research
9.2 Plant Market 2019-2024 ($M) - Regional Industry Research
9.3 Microbial Market 2019-2024 ($M) - Regional Industry Research
10.Europe Digestive Enzyme Supplement Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
10.1 Additional Supplement Market 2019-2024 ($M) - Regional Industry Research
10.2 Medical Infant Nutrition Market 2019-2024 ($M) - Regional Industry Research
10.3 Sport Nutrition Market 2019-2024 ($M) - Regional Industry Research
11.APAC Digestive Enzyme Supplement Market:Origin Estimate Trend Analysis Market 2019-2024 ($M)
11.1 Animal Market 2019-2024 ($M) - Regional Industry Research
11.2 Plant Market 2019-2024 ($M) - Regional Industry Research
11.3 Microbial Market 2019-2024 ($M) - Regional Industry Research
12.APAC Digestive Enzyme Supplement Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
12.1 Additional Supplement Market 2019-2024 ($M) - Regional Industry Research
12.2 Medical Infant Nutrition Market 2019-2024 ($M) - Regional Industry Research
12.3 Sport Nutrition Market 2019-2024 ($M) - Regional Industry Research
13.MENA Digestive Enzyme Supplement Market:Origin Estimate Trend Analysis Market 2019-2024 ($M)
13.1 Animal Market 2019-2024 ($M) - Regional Industry Research
13.2 Plant Market 2019-2024 ($M) - Regional Industry Research
13.3 Microbial Market 2019-2024 ($M) - Regional Industry Research
14.MENA Digestive Enzyme Supplement Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
14.1 Additional Supplement Market 2019-2024 ($M) - Regional Industry Research
14.2 Medical Infant Nutrition Market 2019-2024 ($M) - Regional Industry Research
14.3 Sport Nutrition Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
2.Canada Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
3.Mexico Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
4.Brazil Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
5.Argentina Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
6.Peru Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
7.Colombia Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
8.Chile Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
9.Rest of South America Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
10.UK Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
11.Germany Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
12.France Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
13.Italy Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
14.Spain Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
15.Rest of Europe Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
16.China Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
17.India Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
18.Japan Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
19.South Korea Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
20.South Africa Digestive Enzyme Supplements Market Revenue, 2019-2024 ($M)
21.North America Digestive Enzyme Supplements By Application
22.South America Digestive Enzyme Supplements By Application
23.Europe Digestive Enzyme Supplements By Application
24.APAC Digestive Enzyme Supplements By Application
25.MENA Digestive Enzyme Supplements By Application
26.Klaire Laboratory, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Enzymes, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Proteozymes, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.National Enzyme Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Enzymedica, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Ast Enzyme, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Vemo 99 Ood, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Advanced Vital Enzyme Pvt Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Zeus Biotech Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Vox Nutrition Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Enzyme Bioscience Pvt Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Metagenics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Xymogen Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.Douglas Laboratory, Sales /Revenue, 2015-2018 ($Mn/$Bn)
40.Thorne Research, Sales /Revenue, 2015-2018 ($Mn/$Bn)
41.Integrative Therapeutics, Llc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
42.Pure Encapsulation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
43.Ortho Molecular Product Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
44.Design For Health Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
45.Master Supplement Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)