The use of dietary supplements to support overall health and wellness has become increasingly popular in recent years. One type of dietary supplement that has gained significant attention is digestive enzyme supplements. These supplements contain natural substances that help to break down food, making it easier for our body to digest and absorb nutrients. In this article, we will explore the market potential and forecast of the digestive enzymes market for dietary supplements.
Market Potential of Digestive Enzymes for Dietary Supplements:
The global digestive enzymes market for dietary supplements is expected to grow significantly over the forecast period (2021-2026), owing to the increasing demand for natural and organic products and the growing awareness of the benefits of digestive enzymes for gut health.
According to a report by Grand View Research, the global digestive enzymes market for dietary supplements was valued at USD 860.7 million in 2020 and is expected to reach USD 1.6 billion by 2028, growing at a CAGR of 7.9% from 2021 to 2028. The report also states that the increasing prevalence of digestive disorders and the growing aging population are expected to drive the demand for digestive enzyme supplements.
Factors Driving the Growth of Digestive Enzymes for Dietary Supplements:
- Increasing Prevalence of Digestive Disorders: Digestive disorders such as irritable bowel syndrome (IBS), inflammatory bowel disease (IBD), and gastroesophageal reflux disease (GERD) are becoming increasingly common. Digestive enzyme supplements have been shown to alleviate symptoms of these disorders, which is driving the demand for these supplements.
- Growing Demand for Natural and Organic Products: Consumers are becoming more aware of the benefits of natural and organic products and are seeking these products for their health and wellness. Digestive enzyme supplements, which are derived from natural sources such as plants and animals, are gaining popularity among health-conscious consumers.
- Aging Population: The aging population is at an increased risk of digestive disorders, and as the population continues to age, the demand for digestive enzyme supplements is expected to grow.
Market Forecast for Digestive Enzymes for Dietary Supplements:
The market for digestive enzymes for dietary supplements is expected to grow significantly over the forecast period. Based on product type, the market can be segmented into protease, amylase, lipase, lactase, and others. Among these, the protease segment is expected to account for the largest share of the market, owing to its widespread use in various applications such as food, beverages, and dietary supplements.
Based on source, the market can be segmented into animal-based, plant-based, and microbial-based. The animal-based segment is expected to dominate the market, owing to the high demand for animal-based digestive enzymes in the pharmaceutical and healthcare industries. However, the plant-based segment is expected to witness significant growth over the forecast period, owing to the increasing demand for natural and organic products.
Based on application, the market can be segmented into food and beverages, pharmaceuticals, nutraceuticals, and others. Among these, the nutraceuticals segment is expected to account for the largest share of the market, owing to the increasing demand for dietary supplements that support overall health and wellness.
Based on region, North America is expected to dominate the market, owing to the high prevalence of digestive disorders in the region and the increasing demand for natural and organic products. However, the Asia Pacific region is expected to witness significant growth over the forecast period, owing to the increasing population and the growing demand for dietary supplements.
The digestive enzymes market has been primarily associated with the dietary supplement industry for many years. Digestive enzyme supplements have been used to support digestive health and alleviate symptoms such as bloating, gas, and indigestion. However, the market for digestive enzyme supplements is not limited to digestive health alone. This report will provide insights into the opportunities for digestive enzyme supplements in the dietary supplement industry.
Growing Demand for Natural and Plant-Based Supplements
The demand for natural and plant-based dietary supplements is growing rapidly due to the increasing awareness of the benefits of natural ingredients and the desire for sustainable and eco-friendly products. Digestive enzyme supplements derived from plant sources, such as papaya and pineapple, are gaining popularity as natural alternatives to synthetic enzyme supplements.
Plant-based digestive enzyme supplements have several advantages over synthetic enzyme supplements, including better tolerability and fewer side effects. They are also more suitable for vegetarians and vegans who avoid animal-based products.
Increasing Demand for Personalized Nutrition
The demand for personalized nutrition is increasing as consumers seek products tailored to their individual needs and preferences. Digestive enzyme supplements can be personalized to address specific digestive issues and deficiencies.
For example, lactase supplements are designed to help people who are lactose intolerant digest lactose, the sugar found in milk and dairy products. Similarly, protease supplements can help people with compromised pancreatic function digest proteins.
The ability to personalize digestive enzyme supplements according to individual needs presents a significant opportunity for companies operating in the digestive enzyme market. Personalized supplements can command higher prices and offer greater value to consumers.
Growing Aging Population
The aging population is expected to be a significant driver of demand for digestive enzyme supplements. As people age, their digestive system becomes less efficient, leading to decreased production of digestive enzymes and reduced nutrient absorption. Digestive enzyme supplements can help older adults maintain their digestive health and prevent malabsorption-related issues.
The aging population is also more likely to suffer from chronic conditions such as diabetes, which can lead to digestive issues. Digestive enzyme supplements can help manage the symptoms of these conditions and improve overall health and well-being.
Increasing Awareness of Digestive Health
The growing awareness of the importance of digestive health is driving demand for digestive enzyme supplements. Digestive issues such as bloating, gas, and indigestion are common among people of all ages, and many are turning to digestive enzyme supplements as a natural remedy.
The growing popularity of digestive enzyme supplements has led to increased marketing and promotion of these products by manufacturers, retailers, and health professionals. This, in turn, is driving consumer awareness and interest in digestive enzyme supplements.
Expanding Sales Channels
The availability of digestive enzyme supplements through various sales channels is driving growth in the market. Digestive enzyme supplements are sold through traditional channels such as health food stores and pharmacies, as well as through online retailers and direct-to-consumer sales.
The rise of e-commerce has made it easier for consumers to access a wide range of digestive enzyme supplements from the comfort of their homes. Online retailers such as Amazon and iHerb offer a vast selection of digestive enzyme supplements from various brands and at competitive prices.
Conclusion
In conclusion, the digestive enzyme supplements market offers significant opportunities for companies operating in the dietary supplement industry. The growing demand for natural and plant-based supplements, personalized nutrition, and digestive health awareness is driving growth in the market. The aging population and expanding sales channels are also contributing to the growth of the market. Companies operating in the digestive enzyme supplements market can capitalize on these opportunities by developing new and innovative products, expanding their product lines, and investing in research and development. As consumer demand for digestive enzyme supplements continues to grow, the market for these products is expected to expand further, presenting significant growth opportunities for companies in the dietary supplement industry.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Everest Market Insights journalist was involved in the writing and production of this article.
