Pratiksha
The Global Digestive Enzymes Market is projected to reach USD 1.29 billion by 2028, at a CAGR of 6.1% during a forecast period. The high demand for digestive enzymes among the urban population is expected to drive the digestive enzymes market during the forecast period.
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Digestive Enzymes Market- Key Developments:
- In 2017, Abbot Nutrition, a subsidiary of Abbot Laboratories, announced the acquisition of St. Jude Medical, Inc., establishing the company as a leader in the medical industry. The transaction provides Abbott with expanded opportunities for future growth and is an important part of the company's ongoing effort to develop nutritional pharmaceuticals and digestive supplements for the stomach, GI tract, gall bladder, and spleen.
Market Segmentation:
By Enzyme Type:
- Carbohydrates
- Protease
- Lipase
- Others
By Origin:
- Fungi
- Animal
- Plant
- Microbial
By Application:
- Indigestion
- Chronic Pancreatitis
- Irritable Bowel Syndrome
- Others
Companies Covered: National Enzyme Company, Garden of Life Inc., Food State Inc., Metagenics Inc., Twinlab Corporation, Country Life LLC, Rainbow Light Nutritional Systems Inc., Biotics Research Corporation, Matsun Nutrition, and Abbott Nutrition
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