Global Digestive Enzyme Supplements Market Competitive Landscape & Strategy Framework To 2020 - 2027 By Top Key Players | Enzymes, Inc. (US), Amano Enzyme Inc.
Market Forecast:
The Global Digestive Enzyme Supplements Market is
expected to cross USD 1.08 Billion by 2024 at
a CAGR of 6.5% during the forecast period of 2019 to
2025.
In the current market scenario, digestive enzyme supplements
are predominantly sourced from various animals and plants. However, with
continuous technological innovation, market players are looking at microbial
sources. Microbial sources offer high enzyme production rates and ease of
genetic engineering, owing to which the microbial source segment is expected to
register the highest growth rate in the coming years. To grow in this perfect
competition market, manufacturers of digestive enzyme supplements are catering
to the rising demand for probiotics and prebiotics by launching supplements
incorporated with probiotic and prebiotic ingredients.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/digestive-enzyme-supplements-market-8415
Key Players
v Enzymes,
Inc. (US)
v Advanced
Enzyme Technologies (India)
v Klaire
Laboratories (US)
v Amano
Enzyme Inc. (Japan)
v Enzymedica
(US)
v Vox
Nutrition (US)
v National
Enzyme Company (US)
v Xymogen
(US)
v Douglas
Laboratories (US)
v Metagenics,
Inc. (US)
v Danone
India (Nutricia) (India)
v Integrative
Therapeutics (US)
Growth Opportunities in the Market
Launch of digestive
enzyme supplements in different varieties: The tablets and
capsules segment dominated the market in 2018 and is expected to remain
dominant during the forecast period. However, the global market is expected to
emerge lucrative for several vendors due to the launch of new supplement
formats such as gummies, granules, and soft chews. The surging demand for
gummies and chewable supplements is expected to offer profitable growth
opportunities to the market players and boost the sales of chewable digestive
enzyme supplements.
Growth of e-commerce platforms: While store-based
distribution channels dominated the market for digestive enzyme supplements in
2018, the growth of e-commerce platforms is expected to result in the
non-store-based distribution channel segment registering the higher CAGR. This
growth can be attributed to the convenience of home shopping and delivery offered
by e-commerce platforms. Manufacturers of digestive enzyme supplements have
adopted this sales channel by offering their products through their websites
and established e-commerce portals.
NOTE: Our Team of
Researchers are Studying Covid19 and its Impact on Various Industry Verticals
and wherever required we will be considering Covid19 Footprints for Better
Analysis of Market and Industries. Cordially get in Touch for More Details.
Comments
Post a Comment