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Global Digestive Enzymes Market Research Report 2024
Synopsis
Digestive enzymes are a group of enzymes that break down polymeric macromolecules into their smaller building blocks, in order to facilitate their absorption by the body.
The global Digestive Enzymes market was valued at US$ 418 million in 2023 and is anticipated to reach US$ 711.3 million by 2030, witnessing a CAGR of 7.4% during the forecast period 2024-2030.
According to the Global Use of Medicines 2023 released by IQVIA Institute, the global drug expenditure in 2022 was about US$1.48 trillion (excluding COVID vaccine and treatment-related expenses), and it is predicted to grow at a rate of 3%-6% in the next few years. In terms of drug expenditure, this number in China was about 166 billion dollars in 2022. It is expected that the expenditure on medicines will increase in the next few years. From the perspective of demand, the trend of population aging, the increase of residents’ wealth and the improvement of health awareness will drive the demand for medicines.
Global Use of Medicines 2023 shows that the U.S. market spent about US$ 62.9 billion on medicines in 2022 on a net ex-factory basis. Overall growth slows as the Inflation Reduction Act (IRA) spends US$64 billion to reduce prescription drug prices, and the adoption of new treatments is expected to increase over the next few years. Besides, ex-factory discounts and rebates in drug distribution, the impact of patent expiration, and generic or biosimilar competition will also affect the U.S. pharmaceutical market.
This report aims to provide a comprehensive presentation of the global market for Digestive Enzymes, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digestive Enzymes.
Report Scope
The Digestive Enzymes market size, estimations, and forecasts are provided in terms of sales volume (Kg) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Digestive Enzymes market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Digestive Enzymes manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Garden of Life
Country Life
Rainbow Light
Biotics Research
Metagenics
Abbott Nutrition
Matsun Nutrition
TwinLab
National Enzyme
Segment by Type
Plant
Animal
Microbial
Segment by Application
Retail Stores
Online Stores
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Digestive Enzymes manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Digestive Enzymes in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Digestive enzymes are a group of enzymes that break down polymeric macromolecules into their smaller building blocks, in order to facilitate their absorption by the body.
The global Digestive Enzymes market was valued at US$ 418 million in 2023 and is anticipated to reach US$ 711.3 million by 2030, witnessing a CAGR of 7.4% during the forecast period 2024-2030.
According to the Global Use of Medicines 2023 released by IQVIA Institute, the global drug expenditure in 2022 was about US$1.48 trillion (excluding COVID vaccine and treatment-related expenses), and it is predicted to grow at a rate of 3%-6% in the next few years. In terms of drug expenditure, this number in China was about 166 billion dollars in 2022. It is expected that the expenditure on medicines will increase in the next few years. From the perspective of demand, the trend of population aging, the increase of residents’ wealth and the improvement of health awareness will drive the demand for medicines.
Global Use of Medicines 2023 shows that the U.S. market spent about US$ 62.9 billion on medicines in 2022 on a net ex-factory basis. Overall growth slows as the Inflation Reduction Act (IRA) spends US$64 billion to reduce prescription drug prices, and the adoption of new treatments is expected to increase over the next few years. Besides, ex-factory discounts and rebates in drug distribution, the impact of patent expiration, and generic or biosimilar competition will also affect the U.S. pharmaceutical market.
This report aims to provide a comprehensive presentation of the global market for Digestive Enzymes, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digestive Enzymes.
Report Scope
The Digestive Enzymes market size, estimations, and forecasts are provided in terms of sales volume (Kg) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Digestive Enzymes market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Digestive Enzymes manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Garden of Life
Country Life
Rainbow Light
Biotics Research
Metagenics
Abbott Nutrition
Matsun Nutrition
TwinLab
National Enzyme
Segment by Type
Plant
Animal
Microbial
Segment by Application
Retail Stores
Online Stores
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Digestive Enzymes manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Digestive Enzymes in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index1 Digestive Enzymes Market Overview
1.1 Product Overview and Scope of Digestive Enzymes
1.2 Digestive Enzymes Segment by Type
1.2.1 Global Digestive Enzymes Market Value Comparison by Type (2024-2030)
1.2.2 Plant
1.2.3 Animal
1.2.4 Microbial
1.3 Digestive Enzymes Segment by Application
1.3.1 Global Digestive Enzymes Market Value by Application: (2024-2030)
1.3.2 Retail Stores
1.3.3 Online Stores
1.4 Global Digestive Enzymes Market Size Estimates and Forecasts
1.4.1 Global Digestive Enzymes Revenue 2019-2030
1.4.2 Global Digestive Enzymes Sales 2019-2030
1.4.3 Global Digestive Enzymes Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Digestive Enzymes Market Competition by Manufacturers
2.1 Global Digestive Enzymes Sales Market Share by Manufacturers (2019-2024)
2.2 Global Digestive Enzymes Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Digestive Enzymes Average Price by Manufacturers (2019-2024)
2.4 Global Digestive Enzymes Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Digestive Enzymes, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Digestive Enzymes, Product Type & Application
2.7 Digestive Enzymes Market Competitive Situation and Trends
2.7.1 Digestive Enzymes Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Digestive Enzymes Players Market Share by Revenue
2.7.3 Global Digestive Enzymes Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Digestive Enzymes Retrospective Market Scenario by Region
3.1 Global Digestive Enzymes Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Digestive Enzymes Global Digestive Enzymes Sales by Region: 2019-2030
3.2.1 Global Digestive Enzymes Sales by Region: 2019-2024
3.2.2 Global Digestive Enzymes Sales by Region: 2025-2030
3.3 Global Digestive Enzymes Global Digestive Enzymes Revenue by Region: 2019-2030
3.3.1 Global Digestive Enzymes Revenue by Region: 2019-2024
3.3.2 Global Digestive Enzymes Revenue by Region: 2025-2030
3.4 North America Digestive Enzymes Market Facts & Figures by Country
3.4.1 North America Digestive Enzymes Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Digestive Enzymes Sales by Country (2019-2030)
3.4.3 North America Digestive Enzymes Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Digestive Enzymes Market Facts & Figures by Country
3.5.1 Europe Digestive Enzymes Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Digestive Enzymes Sales by Country (2019-2030)
3.5.3 Europe Digestive Enzymes Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Digestive Enzymes Market Facts & Figures by Country
3.6.1 Asia Pacific Digestive Enzymes Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Digestive Enzymes Sales by Country (2019-2030)
3.6.3 Asia Pacific Digestive Enzymes Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Digestive Enzymes Market Facts & Figures by Country
3.7.1 Latin America Digestive Enzymes Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Digestive Enzymes Sales by Country (2019-2030)
3.7.3 Latin America Digestive Enzymes Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Digestive Enzymes Market Facts & Figures by Country
3.8.1 Middle East and Africa Digestive Enzymes Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Digestive Enzymes Sales by Country (2019-2030)
3.8.3 Middle East and Africa Digestive Enzymes Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Digestive Enzymes Sales by Type (2019-2030)
4.1.1 Global Digestive Enzymes Sales by Type (2019-2024)
4.1.2 Global Digestive Enzymes Sales by Type (2025-2030)
4.1.3 Global Digestive Enzymes Sales Market Share by Type (2019-2030)
4.2 Global Digestive Enzymes Revenue by Type (2019-2030)
4.2.1 Global Digestive Enzymes Revenue by Type (2019-2024)
4.2.2 Global Digestive Enzymes Revenue by Type (2025-2030)
4.2.3 Global Digestive Enzymes Revenue Market Share by Type (2019-2030)
4.3 Global Digestive Enzymes Price by Type (2019-2030)
5 Segment by Application
5.1 Global Digestive Enzymes Sales by Application (2019-2030)
5.1.1 Global Digestive Enzymes Sales by Application (2019-2024)
5.1.2 Global Digestive Enzymes Sales by Application (2025-2030)
5.1.3 Global Digestive Enzymes Sales Market Share by Application (2019-2030)
5.2 Global Digestive Enzymes Revenue by Application (2019-2030)
5.2.1 Global Digestive Enzymes Revenue by Application (2019-2024)
5.2.2 Global Digestive Enzymes Revenue by Application (2025-2030)
5.2.3 Global Digestive Enzymes Revenue Market Share by Application (2019-2030)
5.3 Global Digestive Enzymes Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Garden of Life
6.1.1 Garden of Life Corporation Information
6.1.2 Garden of Life Description and Business Overview
6.1.3 Garden of Life Digestive Enzymes Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Garden of Life Digestive Enzymes Product Portfolio
6.1.5 Garden of Life Recent Developments/Updates
6.2 Country Life
6.2.1 Country Life Corporation Information
6.2.2 Country Life Description and Business Overview
6.2.3 Country Life Digestive Enzymes Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Country Life Digestive Enzymes Product Portfolio
6.2.5 Country Life Recent Developments/Updates
6.3 Rainbow Light
6.3.1 Rainbow Light Corporation Information
6.3.2 Rainbow Light Description and Business Overview
6.3.3 Rainbow Light Digestive Enzymes Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Rainbow Light Digestive Enzymes Product Portfolio
6.3.5 Rainbow Light Recent Developments/Updates
6.4 Biotics Research
6.4.1 Biotics Research Corporation Information
6.4.2 Biotics Research Description and Business Overview
6.4.3 Biotics Research Digestive Enzymes Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Biotics Research Digestive Enzymes Product Portfolio
6.4.5 Biotics Research Recent Developments/Updates
6.5 Metagenics
6.5.1 Metagenics Corporation Information
6.5.2 Metagenics Description and Business Overview
6.5.3 Metagenics Digestive Enzymes Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Metagenics Digestive Enzymes Product Portfolio
6.5.5 Metagenics Recent Developments/Updates
6.6 Abbott Nutrition
6.6.1 Abbott Nutrition Corporation Information
6.6.2 Abbott Nutrition Description and Business Overview
6.6.3 Abbott Nutrition Digestive Enzymes Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Abbott Nutrition Digestive Enzymes Product Portfolio
6.6.5 Abbott Nutrition Recent Developments/Updates
6.7 Matsun Nutrition
6.6.1 Matsun Nutrition Corporation Information
6.6.2 Matsun Nutrition Description and Business Overview
6.6.3 Matsun Nutrition Digestive Enzymes Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Matsun Nutrition Digestive Enzymes Product Portfolio
6.7.5 Matsun Nutrition Recent Developments/Updates
6.8 TwinLab
6.8.1 TwinLab Corporation Information
6.8.2 TwinLab Description and Business Overview
6.8.3 TwinLab Digestive Enzymes Sales, Revenue and Gross Margin (2019-2024)
6.8.4 TwinLab Digestive Enzymes Product Portfolio
6.8.5 TwinLab Recent Developments/Updates
6.9 National Enzyme
6.9.1 National Enzyme Corporation Information
6.9.2 National Enzyme Description and Business Overview
6.9.3 National Enzyme Digestive Enzymes Sales, Revenue and Gross Margin (2019-2024)
6.9.4 National Enzyme Digestive Enzymes Product Portfolio
6.9.5 National Enzyme Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Digestive Enzymes Industry Chain Analysis
7.2 Digestive Enzymes Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Digestive Enzymes Production Mode & Process
7.4 Digestive Enzymes Sales and Marketing
7.4.1 Digestive Enzymes Sales Channels
7.4.2 Digestive Enzymes Distributors
7.5 Digestive Enzymes Customers
8 Digestive Enzymes Market Dynamics
8.1 Digestive Enzymes Industry Trends
8.2 Digestive Enzymes Market Drivers
8.3 Digestive Enzymes Market Challenges
8.4 Digestive Enzymes Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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