Global Pancreatic Enzymes Market Growth 2023-2029
Pancreatic Enzymes is a mixture of several digestive enzymes produced by the exocrine cells of the pancreas. Pancreatin is usually obtained from the pancreas of pigs or cows. The pancreas is an organ in animals and people that makes chemicals - amylase, lipase, and protease - that are needed for proper digestion. This mixture is used to treat conditions in which pancreatic secretions are deficient, such as surgical pancreatectomy, pancreatitis and cystic fibrosis.
LPI (LP Information)' newest research report, the “Pancreatic Enzymes Industry Forecast” looks at past sales and reviews total world Pancreatic Enzymes sales in 2022, providing a comprehensive analysis by region and market sector of projected Pancreatic Enzymes sales for 2023 through 2029. With Pancreatic Enzymes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pancreatic Enzymes industry.
This Insight Report provides a comprehensive analysis of the global Pancreatic Enzymes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pancreatic Enzymes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pancreatic Enzymes market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pancreatic Enzymes and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pancreatic Enzymes.
The global Pancreatic Enzymes market size is projected to grow from US$ 138.9 million in 2022 to US$ 319.9 million in 2029; it is expected to grow at a CAGR of 319.9 from 2023 to 2029.
The largest proportion of Pancreatin is used in Pharma Industry, and the consumption proportion is approximately 64% in 2019.
Asia-Pacific is the largest consumption place, with a consumption market share nearly 35 % in 2019. Following Asia-Pacific, North America is the second largest consumption place with the consumption market share of over 23%.
Market competition is intense. Shenzhen Hepalink, Nordmark, Sichuan Deebio, ALI, etc. are the leaders of the industry, dominating nearly 30% of the global market. The competitors in tier 2 are Chongqing Aoli, Sichuan Biosyn, Geyuan Tianrun and American Laboratories, Inc. (ALI).
This report presents a comprehensive overview, market shares, and growth opportunities of Pancreatic Enzymes market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Pancreatin Powder
Pancreatin Pellets
Segmentation by application
Food Processing
Pharma Industry
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Shenzhen Hepalink
Nordmark
Sichuan Deebio
Sichuan Biosyn
Chongqing Aoli
American Laboratories, Inc. (ALI)
Geyuan Tianrun
Spectrum Chemicals
Key Questions Addressed in this Report
What is the 10-year outlook for the global Pancreatic Enzymes market?
What factors are driving Pancreatic Enzymes market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Pancreatic Enzymes market opportunities vary by end market size?
How does Pancreatic Enzymes break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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