Global Digestive Enzyme Supplements Market 2017-2021
About Digestive Enzyme Supplements
Digestive enzymes are substances produced by a human body that aid in digestion of food. In cases of individuals, where there are insufficient enzymes, digestive enzyme supplements are consumed to assist digestion.
Technavio’s analysts forecast the global digestive enzyme supplements market to grow at a CAGR of 5.23% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global digestive enzyme supplements market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Digestive Enzyme Supplements Market 2017-2021
Technavio recognizes the following companies as the key players in the global digestive enzyme supplements market: Specialty Enzymes & Biotechnologies, National Enzyme Company, Amano Enzyme, and Danone Nutricia.
Other Prominent Vendors in the market are: Amway, AST Enzymes, Douglas Laboratories, ENZYMEDICA, Integrative Therapeutics, Klaire Labs, Metagenics, Vox Nutrition, and Xymogen.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increased application in weight loss. Consumers are increasingly becoming aware of the importance of adopting healthy snacking habits. Nutritional health and wellness supplements, including digestive enzyme supplements, which are convenient ways to quickly satisfy hunger as they offer nutrients and vitamins vital for the body and aid in weight loss as there is an increase in focus on weight management owing to increase in obesity rates. The increase in cases of obesity has opened new growth opportunities for digestive enzyme supplements.”
According to the report, one of the major drivers for this market is prevalence of unhealthy lifestyle. Increasing work pressure and busy schedules have led to unhealthy eating habits such as fast food and people opting for meals-on-the-go. The urban lifestyle has become hectic, which has led to a decrease in consumption of home-cooked meals due to lack of time. Also, with limited free time available, people are prone to poor eating habits such as skipping meals and eating too quickly that result in digestive disorders. There has also been a decline in consumption of raw food that are rich in natural enzymes. All these factors impact digestion negatively, necessitating external supplements to improve digestive health of an individual.
Further, the report states that one of the major factors hindering the growth of this market is stringent government regulations. The vendors in the digestive enzyme supplements market are required to comply with the stringent regulations of various authorities. These regulations are related to acquiring permits; residual management issues and expiry dates for certain dietary supplements, including that of digestive enzyme supplements. For instance, the FDA plays an important role in regulating the manufacture and distribution of dietary supplements such as digestive supplements, which is a part of health and wellness products. Also, strict regulations have been imposed on enzymes derived from animals; animal welfare associations and governments have restricted killing of animals.
Specialty Enzymes & Biotechnologies, National Enzyme Company, Amano Enzyme, Danone Nutricia, Amway, AST Enzymes, Douglas Laboratories, ENZYMEDICA, Integrative Therapeutics, Klaire Labs, Metagenics, Vox Nutrition, and Xymogen.