Bromelain Market Overview
According to Maximize Market Research, a renowned global business research and consultancy firm, the total global market for the “Bromelain Market” size was valued at US$ 46.40 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 7.2% through 2023 to 2029, reaching nearly US$ 75.49 Mn. This growth is attributed to various factors such as technological advancements, increasing demand for the product/service, expanding market penetration, and favourable industry trends.
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The Bromelain Market report meticulously estimates market size, scrutinizing both current and future trends. It delves into essential aspects, including key developments, marketing strategies, supply-demand indicators, and company profiles. Employing a bottom-up approach, drawing from primary and secondary data sources, the report presents a comprehensive analysis spanning local, regional, and global dimensions, enhancing the depth of insights. The report encompasses historical data, prevailing trends, technological innovations, and an assessment of market risks, drivers, opportunities, and challenges. Utilizing SWOT and PORTER analysis, the report serves as a comprehensive guide for investors and stakeholders in the Bromelain market.
Bromelain Market Dynamics:
One of the protease enzymes present in pineapples is bromelain (Ananas comosus). Bromelain is the main protease found in pineapple stem extracts, whereas fruit bromelain is the main enzyme fraction found in pineapple juice. Bromelain from pineapple stems also contains a few other small cysteine endopeptidases (ananain, comosain) (SBM). Despite the fact that fruit bromelain (FBM) was found considerably earlier than stem bromelain, the latter enzyme’s molecular characterisation has been characterised in greater depth. Despite the fact that it could be manufactured from pineapple juice using simple ultrafiltration, SBM is widely used in industry and medicine. FBM, on the other hand, is not commercially available.
Bromelain Market Segmentation
• 1,200 GDU/g
• 2,000 GDU/g
• 2,500 GDU/g
The market is divided into four segments based on Type: 1,200 GDU/g, 2,000 GDU/g, 2,500 GDU/g, and Others. During the forecast period of 2023–2029, the 1,200 GDU/g Bromelain Powder type segment is anticipated to develop fast at a CAGR. Bromelain Powder 1200 GDU/g looks as an off-white to yellow fine powder when mixed with maltodextrin. Though trace levels can also be found in the fruits and leaves, the lowest part of pineapple plant stems contains the largest concentration of enzymes. This product has a maximum loss of 6% after drying and is water soluble.
• Dietary Supplements
• Food & Beverages
The market is divided into five segments based on the application: pharmaceutical, food and beverage, dietary supplements, healthcare, and others. By 2027, it is anticipated that the pharmaceutical and food and beverage industries will have combined market shares of more than 85%. Throughout the projection period, the food & beverages segment’s revenue growth is anticipated to be driven by growing bromelain use in the meat, bread, and brewing industries.
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Bromelain Market Key Players
Key players in the Bromelain market are featured in the report.
• Creative Enzymes
• Changsha Natureway Co., Ltd.
• Enzyme Development Corporation
• Advanced Enzyme Technologies
• Enzybel Group
• Food State Company
• Krishna Enzytech Pvt. Ltd.
• Hong Mao Biochemicals Co., Ltd.
• Fooding Group Limited
• Bio-gen Extract Pvt. Ltd.
• Mitushi Biopharma
• Aumgene Bioscience
• Arisun ChemPharm
• Cn Lab Nutrition
Bromelain Market Regional Insights
The report offers an exhaustive Regional Analysis, providing an in-depth examination of the current status of the Bromelain market in different countries. It scrutinizes factors, market size, growth rates, and import-export dynamics at regional and country levels. The analysis encompasses North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa as the primary segments for the Bromelain market.
Table of content for the Bromelain Market includes:
Part 01: Executive Summary
Part 02: Scope of the Bromelain Market Report
Part 03: Global Bromelain Market Landscape
Part 04: Global Bromelain Market Sizing
Part 05: Global Bromelain Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Key questions answered in the Bromelain Market are:
- What is Bromelain?
- What was the Bromelain market size in 2022?
- What are the different segments of the Bromelain Market?
- What growth strategies are the players considering to increase their presence in Bromelain?
- What are the upcoming industry applications and trends for the Bromelain Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Bromelain Market?
- Who are the key players in the Bromelain market?
- What major challenges could the Bromelain Market face in the future?
- What segments are covered in the Bromelain Market?
- Who are the leading companies and what are their portfolios in Bromelain Market?
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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