Market Overview:
The global pancreatic enzymes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for pancreatin powder and pellets due to their high efficiency in breaking down food particles and proteins. In addition, the growing pharmaceutical industry is also expected to drive the demand for pancreatic enzymes over the forecast period. On the basis of type, pancreas enzyme powders are estimated to account for a larger share of the global market in 2018. This can be attributed to their high efficiency in breaking down food particles and proteins as compared with pellets.
Product Definition:
Pancreatic enzymes are secreted by the pancreas and help in the digestion of proteins, carbohydrates and fats.
Pancreatin Powder:
Pancreatin powder is a new dietary supplement that enhances the body's ability to produce digestive enzymes. It also increases the amount of insulin released by the pancreas, which helps in lowering blood sugar levels. Increasing prevalence of diabetes and obesity are two major factors driving this market globally. According to WHO, over 1 billion people were suffering from diabetes in 2014 and this number is expected to double by 2030 with an estimated 590 million cases of severe diabetes worldwide.
Pancreatin Pellets:
Pancreatin pellets is a mixture of pancreatic enzymes that are used in the treatment of exocrine pancreatic insufficiency (EPI) and chronic pancreatitis. It is also used as an adjunctive therapy for patients with unspecific or difficult to treat acute abdominal pain, who are suffering from other diseases associated with the pancreas such as biliary tract infections, fibrosing disorders, and acromegaly.
Application Insights:
The food processing application segment led the global market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. Increasing demand for enzymes from various industries, such as dairy, cereal processing, fruit pulp and juice processing, meat products manufacturing are expected to drive the segment growth.
Pancreatic enzymes play an important role in several applications including pharmaceuticals & nutraceuticals industry; biochemistry; fermentation of sugarcane and corn; production of ethanol (alcohol) from grains; wine making using grapes grown on vinesyard soil containing yeast nutrients produced by pancake enzyme action during fermentation process followed by separation of solid particles (straw) and liquid (wine).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of key players, increased focus on healthy eating habits, and availability of effective treatment methods for diabetes and obesity. Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing disposable income levels, rising awareness about early diagnosis among patients suffering from chronic pancreatitis, growing food processing industry in emerging countries such as China & India and increasing investment by major multinational companies.
The U.S., being one of the most developed nations has a large number of pharmaceutical companies that are actively involved with R&D activities related to digestive diseases such as pancreatitis & cystic fibrosis amongst others.
Growth Factors:
- Increasing incidence of pancreatic cancer
- Rising demand for minimally invasive surgeries
- Growing awareness about the benefits of pancreatic enzymes
- Technological advancements in pancreatic enzyme therapy
- increasing prevalence of digestive disorders
Scope Of The Report
Report Attributes
Report Details
Report Title
Pancreatic Enzymes Market Research Report
By Type
Pancreatin Powder, Pancreatin Pellets
By Application
Food Processing, Pharma Industry, Other
By Companies
Shenzhen Hepalink, Nordmark, Sichuan Deebio, Sichuan Biosyn, Chongqing Aoli, American Laboratories, Inc. (ALI), Geyuan Tianrun, Spectrum Chemicals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Pancreatic Enzymes Market Report Segments:
The global Pancreatic Enzymes market is segmented on the basis of:
Types
Pancreatin Powder, Pancreatin Pellets
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Processing, Pharma Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shenzhen Hepalink
- Nordmark
- Sichuan Deebio
- Sichuan Biosyn
- Chongqing Aoli
- American Laboratories, Inc. (ALI)
- Geyuan Tianrun
- Spectrum Chemicals
Highlights of The Pancreatic Enzymes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pancreatin Powder
- Pancreatin Pellets
- By Application:
- Food Processing
- Pharma Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pancreatic Enzymes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pancreatic enzymes are proteins that help digest food. They are produced in the pancreas and help to break down complex carbohydrates, proteins, and fats.
Some of the major players in the pancreatic enzymes market are Shenzhen Hepalink, Nordmark, Sichuan Deebio, Sichuan Biosyn, Chongqing Aoli, American Laboratories, Inc. (ALI), Geyuan Tianrun, Spectrum Chemicals.
The pancreatic enzymes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pancreatic Enzymes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pancreatic Enzymes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pancreatic Enzymes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pancreatic Enzymes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pancreatic Enzymes Market Size & Forecast, 2020-2028
4.5.1 Pancreatic Enzymes Market Size and Y-o-Y Growth
4.5.2 Pancreatic Enzymes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Pancreatin Powder
5.2.2 Pancreatin Pellets
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food Processing
6.2.2 Pharma Industry
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pancreatic Enzymes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pancreatic Enzymes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Pancreatin Powder
9.6.2 Pancreatin Pellets
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food Processing
9.10.2 Pharma Industry
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Pancreatin Powder
10.6.2 Pancreatin Pellets
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food Processing
10.10.2 Pharma Industry
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Pancreatin Powder
11.6.2 Pancreatin Pellets
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food Processing
11.10.2 Pharma Industry
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Pancreatin Powder
12.6.2 Pancreatin Pellets
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food Processing
12.10.2 Pharma Industry
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Pancreatin Powder
13.6.2 Pancreatin Pellets
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food Processing
13.10.2 Pharma Industry
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pancreatic Enzymes Market: Competitive Dashboard
14.2 Global Pancreatic Enzymes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shenzhen Hepalink
14.3.2 Nordmark
14.3.3 Sichuan Deebio
14.3.4 Sichuan Biosyn
14.3.5 Chongqing Aoli
14.3.6 American Laboratories, Inc. (ALI)
14.3.7 Geyuan Tianrun
14.3.8 Spectrum Chemicals
