Press release
Bromelain Market Set to Expand at a 4.1% CAGR by 2033, PMR Study
The global bromelain market is witnessing a robust expansion, driven by increasing awareness of natural health supplements and rising demand across various industries such as pharmaceuticals, cosmetics, and food & beverages. Bromelain, a proteolytic enzyme derived from pineapple stems, is highly sought after for its anti-inflammatory, antimicrobial, and therapeutic properties. The market growth is further fueled by advancements in extraction technologies and the growing inclination towards plant-based products.
πππ πππ¦π©π₯π ππ¨π©π² πππ - https://www.persistencemarketresearch.com/samples/12184
Key Growth Determinants
Rising Demand in Pharmaceutical Applications:
Bromelain's application in wound healing, inflammation reduction, and as an adjunct therapy for sinusitis has significantly boosted its demand in the pharmaceutical sector.
Popularity in the Food and Beverage Industry:
The enzyme's ability to tenderize meat and enhance digestion has led to its widespread use in the food & beverage industry, particularly in the production of dietary supplements and functional foods.
Growing Use in Cosmetics:
Bromelain's exfoliating and skin-soothing properties are making it a popular ingredient in skincare and cosmetic products.
Inclination Towards Natural Ingredients:
Increasing consumer preference for plant-based and natural products over synthetic ones is bolstering the market.
Market Trends and Innovations
Technological Advancements:
Innovative extraction and purification techniques are ensuring higher yield and purity of bromelain, making it suitable for diverse applications.
Expansion in Emerging Markets:
Rapid urbanization and growing health consciousness in regions like Asia-Pacific and Latin America are creating new growth avenues.
Integration with Modern Therapeutics:
Bromelain is being explored as a component in integrative medicine, further expanding its applicability.
Challenges and Constraints
High Cost of Production:
The extraction and purification process is expensive, which could hinder market growth.
Lack of Awareness:
Limited consumer awareness in underdeveloped regions remains a challenge for market penetration.
Market Size and Forecast
The market for bromelain is projected to expand at a value-based CAGR of 4.1% during the forecast period. Revenue is expected to grow from 40.5 Bn in 2023 to approximately 60.5 Bn by 2033. This steady growth underscores the increasing adoption of bromelain across various industries and its potential as a key ingredient in health-focused products.
Regional Analysis
North America:
Leading the market due to advanced healthcare infrastructure, high consumer awareness, and strong demand for natural supplements.
Europe:
Rising demand for functional foods and nutraceuticals is driving growth in this region.
Asia-Pacific:
A rapidly growing population, increasing disposable income, and awareness of plant-based products make this region a lucrative market.
Latin America and Middle East & Africa:
Emerging economies in these regions are showing potential for growth, fueled by increasing focus on health and wellness.
Key Market Players
Prominent companies in the bromelain market include:
Enzybel Group
Advanced Enzyme Technologies
Biozym Gesellschaft fΓΌr Enzymtechnologie mbH
Nutriteck
Hong Mao Biochemicals Co., Ltd.
Great Food Group of Companies
Nanning Pangbo Biological Engineering Co., Ltd.
Bromelain Industry Research by Category
By Form:
Powder
Liquid
By Product Type:
Stem Bromelain
Fruit Bromelain
By Application:
Food & Beverage
Pharmaceuticals
Industrial
Cosmetics
Animal Feed
By Region:
North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa
Conclusion
The bromelain market is poised for significant growth, backed by its diverse applications and rising consumer inclination towards natural products. Overcoming challenges such as production costs and regional awareness will be critical for tapping into untapped markets and achieving sustainable growth.
More Related Article :
https://www.linkedin.com/pulse/rising-demand-vitamin-b12-supplements-food-science-innovation-hub-trgbf/
https://www.linkedin.com/pulse/apricot-oil-market-natural-remedy-high-demand-rgsne/
About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
Contact Us:
Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bromelain Market Set to Expand at a 4.1% CAGR by 2033, PMR Study here
News-ID: 3787047 • Views: β¦
More Releases from Persistence Market Research
Direct-to-Customer Pet Food Market Set to Reach US$ 18 Bn by 2033 with an 20.5% β¦
Market Overview
The Direct-to-Customer (D2C) Pet Food market has seen considerable growth in recent years as a result of changing consumer behaviors, technological advancements, and shifting preferences in the pet care industry. Pet owners increasingly seek convenience, quality, and personalized solutions for their pets' nutritional needs. The D2C model offers direct access to pet food products, enabling consumers to bypass traditional retail intermediaries and engage directly with brands.
πππ πππ¦π©π₯π ππ¨π©π² πππ
-β¦
Green Coffee Bean Extract Market Projected to Hit USD 1.3 Bn by 2033 - Persisten β¦
Market Overview
The global Green Coffee Bean Extract (GCBE) market has experienced significant growth in recent years. As a natural and potent ingredient derived from unroasted coffee beans, it has garnered attention due to its potential health benefits, particularly in weight management and metabolic health. With its increasing adoption in the nutraceutical, pharmaceutical, and food & beverage industries, the green coffee bean extract market is expected to continue its positive trajectory.
πππβ¦
Rosehip Market to Reach US$ 443.9 Mn by 2033, Growing at a CAGR of 5.6%, PMR Res β¦
Introduction
The Rosehip market is experiencing growth due to increasing demand for natural skincare products, rising awareness of the health benefits of rosehip oil, and the growing trend toward organic and plant-based solutions. Rosehips, which are the fruit of the wild rose plant, are known for their beneficial properties in both cosmetics and nutraceuticals. Their high vitamin C content, antioxidants, and essential fatty acids have made them highly sought after inβ¦
Electric Bikes Market Projected to Achieve US$106.5 Billion by 2031 | Persistenc β¦
Introduction
The global electric bikes (e-bikes) market is experiencing rapid growth, driven by the increasing adoption of eco-friendly transportation alternatives, advancements in battery technology, and rising urbanization. Electric bikes are becoming a popular mode of transportation, providing an efficient, cost-effective, and sustainable solution for short-distance travel. The market is evolving with innovations in design, performance, and integration with smart technologies.
According to Persistence Market Research, the global electric bikes market is forecastβ¦
More Releases for Bromelain
Continual Inventions To Accelerate The Bromelain Market
The Bromelain Market is stipulated to grow at a remarkable rate In Upcoming Years. Cybersecurity is inevitable for verticals all across in wake of cyber intruders. As such, reliable, secure, and fast wireless and wired connectivity are being called for concerning devices, applications, and users across the entire enterprise.
A new report published by Persistence Market Research analyzes the global bromelain market and presents a comprehensive value and volume forecastβ¦
Bromelain Market: Growing Demand and Growth Opportunity
Exclusive Research report on Bromelain market 2020 with industry primary research, secondary research, product research, size, trends and forecast by 2030.
This research report based on 'Bromelain market' and available with Market Study Report includes latest and upcoming industry trends in addition to the global spectrum of the 'Bromelain market' that includes numerous regions. Likewise, the report also expands on intricate details pertaining to contributions by key players, demand and supplyβ¦
Global Bromelain & Papain Market 2019| MITSUBISHI-KAGAKU, SENTHIL, PATEL REMEDIE β¦
The global market status for Bromelain & Papain is precisely examined through a smart research report added to the broad database managed by Market Research Hub (MRH). This study is titled βGlobal Bromelain & Papain Marketβ Insights, Forecast to 2025, which tends to deliver in-depth knowledge associated to the Bromelain & Papain market for the present and forecasted period until 2025. Furthermore, the report examines the target market based onβ¦
Bromelain Market to Garner Brimming Revenues by 2024
The use of bromelain in wide range of applications in food and pharmaceutical industry is the major driver for the growth of global bromelain market. The increasing use of bromelain in other industry sectors such as detergents, paper and pulp, textiles, chemicals, animal feed etc. is expected to boost the growth of global bromelain market. Bromelain is an important ingredient in anti-aging solutions and the increasing anti-aging cosmetics demand andβ¦
Bromelain Market to be at Forefront by 2024
The use of bromelain in wide range of applications in food and pharmaceutical industry is the major driver for the growth of global bromelain market. The increasing use of bromelain in other industry sectors such as detergents, paper and pulp, textiles, chemicals, animal feed etc. is expected to boost the growth of global bromelain market. Bromelain is an important ingredient in anti-aging solutions and the increasing anti-aging cosmetics demand andβ¦
Bromelain Market Pegged for Robust Expansion by 2024
The global bromelain market can be divided into five regions, namely North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA). APAC is anticipated to account for significant share in global bromelain market during the forecast period. This is attributed to the growth of food and beverage and pharmaceutical sectors in the region. The increasing investment in healthcare sector and stringent government regulations to improve foodβ¦
