Bromelain Market Analysis: Growth, Trends, and Outlook

Bromelain Market Overview:

By 2029, the bromelain market is projected to grow to a value of US$ 75.49 million. Although it is present in every part of a fresh pineapple, the enzyme extract known as bromelain is taken from the stems of the pineapple. It is used as a meat tenderizer, topical medication, and component in cosmetic products. The fruit, peel, and delectable juice of the pineapple plant contain bromelain, a natural remedy for a range of illnesses. For millennia, the native populations of Central and South America have utilized it. The applications of the bromelain market include food and beverage, pharmaceutical, dietary supplements, and healthcare.


Market Values:

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.

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Bromelain Market Dynamics:

Bromelain is one of the protease enzymes found in pineapples (Ananas comosus). The primary protease present in pineapple stem extracts is called bromelain, whereas the primary enzyme fraction in pineapple juice is called fruit bromelain. A few other tiny cysteine endopeptidases (ananain, comosain) are also present in pineapple stem bromelain (SBM). Although fruit bromelain (FBM) was discovered far earlier than stem bromelain, the molecular characterization of the latter enzyme has been more thoroughly studied. Simple ultrafiltration might produce SBM from pineapple juice, but it's far more frequently employed in industry and medicine. However, FBM cannot be purchased commercially

Bromelain Market Segmentation:

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 projection period of 2023-2029, the 1,200 GDU/g Bromelain Powder type segment is anticipated to increase at a quick pace. 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.

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 would 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:

• Creative Enzymes • Changsha Natureway Co., Ltd. • Nutriteck • 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

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

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Regional Insights:

Asia Pacific leads the market, driven by rapid industrial sector growth and substantial income potential. China, a prominent industrial hub, contributes significantly to market expansion. North America, with a focus on coal production, holds the second-largest revenue share. The region's electronics sector, technological advancements, growing population, and the automotive industry's expansion all contribute to the global industrial sensors market's growth.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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