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Download Free sampleThe global Pancreatic Enzymes market was valued at 119.15 Million USD in 2021 and will grow with a CAGR of 12.09% from 2021 to 2027, based on Research newly published report.
The prime objective of Pancreatic Enzymes Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Pancreatic Enzymes Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.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).
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