Papain Market 2019 | Future Growth By Top Players Hexon Laboratories Pvt. Ltd., Rosun Natural Products, Chemos GmbH, AXO Industry SA, Fruzyme Biotech India Pvt. Ltd, Pangbo Enzyme
Papain finds wide application in pharmaceutical industry. It is used in tooth pastes due to its anti-inflammatory, anthelmintic, and tooth-whitening properties. It is also used to ease muscle soreness and relieve shingles. It also helps stimulate digestion and prevents food poisoning as it can hydrolyze protein. However topical papain may cause blisters, allergic reaction, and skin irritation.
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Papain is very effective in skin renewable and skin lightening processes. It is also used for exfoliating treatments to remove dead skin. Thus, there is an increase in the demand for papain from the cosmetic industries in the last few years. Rise in demand for natural ingredients in cosmetics generates the requirement for papain.
Top Market Players:
• Excellent Biotechnologies
• Hexon Laboratories Pvt. Ltd.
• Rosun Natural Products
• Chemos GmbH
• AXO Industry SA
• Fruzyme Biotech India Pvt. Ltd
• Pangbo Enzyme
• S.I. Biozyme
• LGM Pharma
• Aumgene Bioscience
• Senthil Papain and Food Products
• Ultra Bio-Logics Inc.
The global papain market is segmented into distribution channel, end user, and region. Based on end user, it is classified into food & beverages industry, pharmaceutical, and cosmetics. By distribution channel, the market is bifurcated into direct and indirect. By region, the market is divided into North America, Europe, Asia-pacific and LAMEA.
Key Benefits For Stakeholders
• This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global papain market from 2018 to 2026 to identify the prevailing market opportunities.
• The key countries in all the major regions are mapped based on their market share.
• Porter’s five forces analysis highlights the potency of the buyers and the suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
• In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.
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