DIGESTIVE ENZYME MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Digestive Enzyme Market, By Source (Animal, Microbial, and Plant), By Application (Gluten Intolerance, Gas/Bloating, Lactose Intolerance, Constipation and Others), By Form (Liquid, Capsule, Tablets, Powder, and Gummies), By Distribution Channel (Supermarkets/Hypermarkets, Pharmacy & Drug Stores, E-Commerce Websites, and Specialty Stores), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Recent Developments:

New product approvals:

On September 5, 2023, SIG, a company that offers complete range of aseptic packaging, technology, services and solutions, and AnaBio Technologies, a specialist microencapsulation company, announced the global launch of a long-life probiotic yogurt – a major breakthrough for probiotic beverages and aseptic packaging
In January 2021, Wellbeing Nutrition, a company that offers food supplements, including multivitamins, collagen, protein powder, and more, launched the plant-based and clinically-studied Probiotic + Prebiotic to answer all gut problems
In February 2020, Vivus LLC., a drug-development company, announced that the U.S. Food and Drug Administration (FDA) approved the supplemental New Drug Application (sNDA) for an improved formulation of PANCREAZE (pancrelipase) Delayed Release Capsules

Acquisition and agreements:

In June 2021, Probi, a biotechnology company and Oriflame, a company that sells beauty and personal care products, have entered into agreement of a global launch of a probiotic supplement within general gut health
In August 2020, Nestlé Health Science, a company that uses nutrition to help people manage their health, announced that the company agreed to acquire the business of IM HealthScience, a developer of healthcare products, along with its products that are indicated for dietary management of specific digestive problems