Technavio, a tech-focused market research firm, has published a new report on the global digestive enzyme supplements market, which is expected to grow at a CAGR of more than 5% during the forecast period 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global digestive enzyme supplements market into the following key regions: the Americas, APAC, and EMEA.
Source: Technavio
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Top three contributors for the global digestive enzyme supplements market are elaborated below:
Digestive enzyme supplements market in the Americas: The high adoption and penetration of health and wellness products, including digestive enzyme supplements, is the fueling force behind the growth of the digestive enzyme supplements market in the Americas. The market in this region is led primarily by the US. Countries such as Mexico, Canada, and Chile present immense opportunities for growth and are likely to emerge as strong markets by the end of the forecast period, according to market research analysts at Technavio.
According to Amber Chourasia, a lead analyst at Technavio, specializing in research on health and wellness, “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 such as enzymes in the human body is anticipated to propel the demand for digestive enzyme supplements and dietary supplements in the Americas.”
Digestive enzyme supplements market in EMEA: The market for digestive enzyme supplements in EMEA is projected to experience steady growth during the forecast period with Western Europe leading the market. Factors such as increased awareness, high affordability, and increasing cases of digestive disorders and weight problems, including obesity are the key factors driving the demand for digestive enzyme supplements in the region. In countries such as France, the high demand is attributable to the increased awareness among consumers brought about by various government campaigns that highlight the benefits of health and wellness foods. For instance, the health program, Program National Nutrition Santé aims to improve the state of health, particularly related to digestion and weight management, in the country.
Digestive enzyme supplements market in APAC: Rapidly expanding economies in APAC, particularly India, China, and Japan, are the driving forces behind the demand for healthcare solutions such as digestive enzyme supplements. During the forecast period, increased awareness about the need for proactive personal healthcare practices will propel the demand for nutritional supplements in APAC, which in turn, will favor the growth of the digestive enzyme supplements in the region.
The leading vendors operating in the global digestive enzyme supplements market are:
- Specialty Enzymes & Biotechnologies
- National Enzyme Company
- Amano Enzyme
- Danone Nutricia
Other prominent vendors in the market include Amway, AST Enzymes, Douglas Laboratories, ENZYMEDICA, Integrative Therapeutics, Klaire Labs, Metagenics, Vox Nutrition, and Xymogen.
A more detailed analysis is available in the Technavio report titled, ‘Global Digestive Enzyme Supplements Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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