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Digestive Enzymes Market size was valued at more than USD 530 million in 2021, owing to the growing prevalence of gastrointestinal diseases across the world. The industry is expected to register over 8.5% CAGR through 2022-2030.
In a study issued in January 2021 titled "Worldwide Prevalence and Burden of Functional Gastrointestinal Disorders, Results of Rome Foundation Global Study," over 40% of people around the world were diagnosed with functional gastrointestinal disorders that affect their overall quality of life and in turn, their use of healthcare. This rising prevalence of ailments associated with deficiencies in digestive health will expedite enzymes consumption over the coming years.
Consuming essential nutrients such as proteases, lipases, amylases, among others are important for human digestion and metabolism. There has also been a substantial rise in awareness among the general population regarding food safety issues. One of the pancreatic enzymes, trypsin, is also utilized as is to increase protein digestibility when integrated in animal feed. Nutritional benefits such as these will fuel digestive enzyme use in feed production.
Report Attribute | Details |
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Base Year: | 2021 |
Digestive Enzymes Market Size in 2021: | 538.20 Million (USD) |
Forecast Period: | 2022 to 2030 |
Forecast Period 2022 to 2030 CAGR: | 8.8% |
2030 Value Projection: | 1.2 Billion (USD) |
Historical Data for: | 2017 to 2021 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 381 |
Segments covered: | Product, Source, End-Use |
Growth Drivers: |
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Pitfalls & Challenges: |
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