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Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....
Digestive Enzymes Market size was valued at US$ 789.6 million in 2023 and is poised to grow at a significant CAGR of 8.2% from 2024-2030. 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.
Study Period
2024-2030Base Year
2023CAGR
8.2%Largest Market
North AmericaFastest Growing Market
Asia-Pacific
The digestive enzymes market is expected to rise due to increase in the population with digestive disorders coupled with surge in the awareness about digestive supplements in developing economies across the globe. Moreover increased prevalence of diseases such as GI tract blockages, decrease in enzyme production in body resulting in slower digestion also anticipated to rise the market growth over the forecast period. For instance, according to research study per year 62 million Americans are being diagnosed with a digestive disorder and the prevalence is increasing due to rise in aging population and change in food habits.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 789.6 million |
Market CAGR |
8.2% |
By Enzyme Type |
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By Origin type |
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By Region |
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2023 is the base year and 2030 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
Key Market Players