In a recently published report, Global Digestive Enzyme Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Digestive Enzyme Market products.
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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.
Global Digestive Enzyme Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The Digestive Enzyme Market is continuously growing on surging trend in global scenario over the coming years. The major driving factor of global Digestive Enzyme market are increasing prevalence of lifestyle-oriented diseases and increasing consumer expenditure on food supplements. In addition, rising geriatric population and age-associated GI disorders coupled with rising concerns towards stomach health are some other factors which exerts positive influence in the market growth of digestive enzyme. Nevertheless, perception of probiotic and prebiotic as alternatives to digestive enzyme, lack of knowledge about exact dosage amount and stringent regulatory policies are the major retraining factor of global Digestive Enzyme market. Digestive enzymes are the group of enzyme that break down polymeric macromolecules into their smaller building blocks, in order to facilitate their absorption by the body. These are found in the digestive tracts of animals and in the traps of carnivorous plants, where they aid in digestion of food as well as inside the cells especially in their lysosomes, where they function to maintain cellular survival. Digestive enzyme proposals various benefits such as reduces stress on the digestive system, reduces inflammation in the gut, increases nutrient assimilation from meal, improves cellular energy production, helpful for reducing autoimmunity, improves digestion of food and improves skin and tissue healing.
The regional analysis of Global Digestive Enzyme Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising instances of digestive disorders among the people and growing demand for preventive medicine. Europe is also estimating to project a major growth in the global Digestive Enzyme market owing to improving standard of living. Asia-Pacific is also anticipated to exhibit higher growth rate/CAGR over the forecast period 2018-2025 owing to rising aging population suffering with digestive complications and preference for oily and spicy food.
The major market player included in this report are:
• Klaire Laboratories
• AMD Telecom S.A.
• Enzymes Inc.
• Proteozymes
• National Enzyme Company
• Enzymedica
• AST Enzymes
• VEMO 99 OOD
• Advanced Vital Enzymes Pvt. Ltd.
• Zeus Biotech Limited
• Vox Nutrition Inc.
• Enzyme Bioscience Pvt. Ltd.
• Metagenics
• XYMOGEN Inc.
• Douglas Laboratories
• Thorne Research
• Integrative Therapeutics LLC
• Pure Encapsulations
• Ortho Molecular Products Inc.
• Designs for Health Inc.
• Master Supplements Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Origin:
 Animal
 Plant
 Microbial
 Others
By Application:
 Additional Supplements
 Medical & Infant Nutrition
 Sports Nutrition
By Regions:
 North America
o U.S.
o Canada
 Europe
o UK
o Germany
 Asia Pacific
o China
o India
o Japan
 Latin America
o Brazil
o Mexico
 Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Digestive Enzyme Market in Market Study:
 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors
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The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
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