The famous Papaya fruit contains an enzyme called papain that is helpful for digestion. The nutrients found in papaya extract have a variety of health benefits. They may help protect against several health conditions. Papaya liquid extract is also high in fiber and water content, both of which help to prevent constipation and improve regularity and a healthy digestive system. It plays a guarding role in eye health, and it may ward off macular degeneration. The fruit extracts contain the enzymes papain and chymopapain, which have exfoliating properties that remove the appearance of dead skin from skin.