According to a new report published by Allied Market Research, titled, “Digestive Enzymes Market: Opportunity Analysis and Industry Forecast, 2020โ2027,” Digestive enzymes consists of group of enzymes that breakdown complex macromolecules into their constituents and also aid in catalysis of chemical reactions, in order to facilitate their absorption by the body. These proteins are secreted by digestive organs like pancreas, gallbladder and liver. Digestive enzymes are used to enhance nutritional value to the diet and to lower the risks of wide range of health problems including indigestion, irritable bowel syndrome, constipation, chronic pancreatitis, muscle mass gaining and obesity. Change in acidic to alkaline conditions in the gastrointestinal tract, affect the efficacy of digestive enzymes. Hence, to facilitate enzyme effectiveness, digestive enzyme supplements are accessible in the market in various formulations to adapt to the change in pH conditions. The availability of digestive enzymes is in several forms like pills, capsules, powders or liquids, and are of various types including Amylase, Lactase, Lipase, Maltase, Protease and Sucrase. Supplementation of enzymes play an anchoring role in management of digestive disorders, from cystic fibrosis to lactose intolerance.
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COVID-19 Impact Analysis:
- The COVID-19 pandemic has emerged as a humanitarian as well as economic crisis, creating strain on the society and affecting millions of people and businesses
- Industry closures and people are asked to stay in their homes which has cause taken a huge toll in terms of money and economic growth
- Over 4 million people affected globally, with 300 thousand losing their lives due to novel coronavirus
- Healthcare organizations are already working in battle mode, preparing new plans to respond growing COVID-19 patients, right from sourcing rapid diagnosing kits to sufficient PPE kits for workers
- Due to diversion of medical field towards treating COVID-19, the funding to R&D activities related to chondroitin sulfate has been reduced and this segment have to face negligence subsequently causing negative impact on digestive enzymes market.
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Numerous factors such as sedentary lifestyles, desk-bound jobs with hectic work schedules, high consumption of fast food along with packaged food often results in digestive problems. Growing demand for these products in the wake of fitness conscious population is anticipated aid in market expansion over coming years. In addition, surging number of fitness centers and gymnasiums has also increased the demand for dietary supplements and the rising awareness regarding nutraceuticals and its benefits, increasing awareness about GI health, and focus on preventive disease management is also contributing in the growth of digestive enzymes market. Digestive enzymes owing to their various advantages, aid in the treatment of pancreatic disorders and gastrointestinal diseases. Moreover, rising awareness towards pancreatic surgeries, easy accessibility to over-the-counter drugs will likely augment market growth over the upcoming years.
The key players profiled in this report include Allergan PLC, Abbvie Inc., Amway Corporation, Country Life LLC., National Enzyme Company, Garden Of Life Inc., Biotics Research Corporation, Matsun Nutrition, Metagenics, Inc., and Abbott Nutrition.
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- This study presents the analytical depiction of the global digestive enzymes industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global digestive enzymes market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global digestive enzymes market growth scenario.
- Porterโs five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global digestive enzymes market analysis based on competitive intensity and how the competition will take shape in coming years.
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