The Business Research Company’s Digestive Enzymes Global Market Report 2021: COVID-19 Growth And Change
LONDON, GREATER LONDON, UK, August 3, 2021 /EINPresswire.com/ — According to the new market research report ‘Digestive Enzymes ‘Global Market Report 2021: COVID-19 Growth And Change To 2030’ published by The Business Research Company, the digestive enzymes market is expected to grow from $0.44 billion in 2020 to $0.47 billion in 2021 at a compound annual growth rate (CAGR) of 6.8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The digestive enzymes market is expected to reach $0.73 billion in 2025 at a CAGR of 12%. The rising prevalence of gastrointestinal disorders among different age groups drives the growth of the digestive enzymes market.
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The digestive enzymes market consists of sale of digestive enzymes and related services used to ease up the digestion of food in stomach. Digestive enzymes are enzymes in the digestive system that break large molecules into smaller digestible molecules to be absorbed by the body. The digestive enzymes market commercially provides these enzymes as dietary supplements or drugs to be taken orally when the body fails to produce enough enzymes naturally for the digestion of fats, proteins and carbohydrates.
Trends In The Global Digestive Enzymes Market
The companies in digestive enzymes market are investing in developing customized digestive enzymes. These customized digestive enzymes are condition-specific enzymes to support digestion for digestive sensitive patients and may contain multiple enzymes in the same product. The companies involved in manufacturing digestive enzymes are developing customized digestive enzymes to ease the digestion of different types of food. For instance, Sabinsa, a USA based provider of herbal extracts, cosmeceuticals, minerals, dietary supplements, formulated DigeZyme. DigeZyme is a multi-enzyme complex comprising of five different enzymes, namely, cellulase, lactase, amylase, lipase, and protease. It is widely used by the people who have difficulty in digesting carbohydrates, fats, and proteins, respectively. The companies are increasingly investing towards developing customized digestive enzymes.
Global Digestive Enzymes Market Segments:
The global digestive enzymes market is further segmented based on enzyme type, origin, application and distribution channel.
By Enzyme Type: Carbohydrates, Protease, Lipase, Other Enzyme Types
By Origin: Animal, Fungi, Microbial, Plant
By Application: Indigestion, Chronic Pancreatitis, Irritable Bowel Syndrome, Other Applications
By Distribution Channel: Retail Stores, Online Stores
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Digestive Enzymes Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides digestive enzymes global market overviews, analyzes and forecasts market size and growth for the global digestive enzymes market, digestive enzymes market share, digestive enzymes global market players, digestive enzymes global market segments and geographies, digestive enzymes market’s leading competitors’ revenues, profiles and market shares. The digestive enzymes market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Digestive Enzymes Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Digestive Enzymes Market Organizations Covered: Garden of Life, Biotics Research Corporation, Klaire Laboratories, Abbott Nutrition, AbbVie Inc., Allergan PLC, Johnson & Johnson Inc., Amway Corporation, Food State Inc., Matsun Nutrition and Metagenics Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Digestive Enzymes Global Market Report 2021:
Enzymes Global Market Report 2021: COVID-19 Growth And Change to 2030
Gastrointestinal Drugs Global Market Report 2021: COVID-19 Implications And Growth To 2030
Gastric Cancer Drugs Global Market Report 2021: COVID-19 Impact And Recovery To 2030
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Source: EIN Presswire