Global Digestive Enzyme Supplements Market 2017-2021

This industry research report identifies Specialty Enzymes & Biotechnologies, National Enzyme Company, Amano Enzyme, and Danone Nutricia as the key vendors in the global digestive enzyme supplements market. This industry research report also presents a competitive analysis of the market by distribution channel (online stores and retail stores) and by geography (the Americas, APAC, and EMEA).

Overview of the global digestive enzyme supplements market

Market research analysts at Technavio predict that the global digestive enzyme supplements market will grow steadily during the next four years and post a CAGR of over 5% by 2021. This market research analysis identifies the prevalence of unhealthy lifestyle as one of the primary growth factors for this market. The urban lifestyle has become hectic, which has led to a decrease in consumption of home-cooked meals due to time constraints. Digestive disorders have increased due to the poor eating habits of individuals such as skipping meals and eating too quickly. Additionally, factors such as pollution from cars, pesticides, and plastic residues in the environment have disrupted digestion and enzyme production. These factors are impacting digestion negatively and has created an urge among individuals to reduce the chances of developing health complications related to digestion by the consumption of digestive enzyme supplements.

One of the latest trends that will gain traction in the digestive enzyme supplements market in the coming years is the increased application in weight loss. The increase in cases of obesity has opened opportunities for digestive enzyme supplements. Nutritional health and wellness supplements aids in weight loss as they offer nutrients and vitamins vital for the body to quickly satisfy hunger. Additionally, the digestive enzyme supplements contain Lipase and Protease, that helps in dissolving fat, breaking down proteins and removing toxins from the body.

Competitive landscape and key vendors

Due to the presence of several vendors, this market appears to be highly fragmented. Vendors are constantly competing for the top position and are competing with the local manufacturers in other countries. This is inducing the vendors to focus on distributing their products in other countries. Additionally, leading companies are opting for M&A of small and medium-sized vendors to increase their revenue share in the market.

The leading vendors in the market are -

• Specialty Enzymes & Biotechnologies
• National Enzyme Company
• Amano Enzyme
• Danone Nutricia

The other prominent vendors in the market include Amway, AST Enzymes, Douglas Laboratories, ENZYMEDICA, Integrative Therapeutics, Klaire Labs, Metagenics, Vox Nutrition, and Xymogen.

Segmentation by distribution channel and analysis of the digestive enzyme supplements market

• Online stores
• Retail stores

During 2016, the online stores segment accounted for the major shares and dominated this market. Online stores are likely to be the key channel for the sale of these products in the coming years as the growth of this market is directly proportionate to the increase in internet users. The online platform has improved convenience and information and offers a large variety and price options for consumers. Furthermore, reviews by users on the benefits and drawbacks of a product can enable a consumer to make purchase decisions.

Geographical segmentation and analysis of the digestive enzyme supplements market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market by 2021. The use of digestive enzyme supplements have risen due to the increasing consumer awareness regarding the harm caused to the digestive system and related disorders such as chronic constipation due to the lack of nutrients and supplements. Additionally, the increasing rate of weight-related health conditions has led to the demand for nutritional supplements such as digestive enzymes that are known for breaking down fat and helping in faster metabolism in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global digestive enzyme supplements market?
• What are the key market trends impacting the growth of the global digestive enzyme supplements market?
• What are the challenges to market growth?
• Who are the key vendors in the global digestive enzyme supplements market?
• What are the market opportunities and threats faced by the vendors in the global digestive enzyme supplements market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global digestive enzyme supplements market? 

Technavio also offers customization on reports based on specific client requirement.