openPR Logo
Press release

Bromelain Market Set to Expand at a 4.1% CAGR by 2033, PMR Study

12-13-2024 12:09 PM CET | Food & Beverage

Press release from: Persistence Market Research

Bromelain Market Set to Expand at a 4.1% CAGR by 2033, PMR Study

Market Overview

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.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐏𝐃𝐅- 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 für 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:

More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and
Global Forged Automotive Components Market Poised for Steady Growth, Projected to Reach US$ 70.7 Billion by 2032
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts. Forged automotive components are critical to
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ 2.14 Billion by 2032, Reports Persistence Market Research
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Driven by Urbanization and Demographic Trends
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring

All 5 Releases


More Releases for Bromelain

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
Bromelain Market Outlook: Growth Trends and Forecasts
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. Bromelain Market Report Scope and Research Methodology Report Scope: The report analyzes the impact of COVID-19 lockdowns on market leaders, followers, and disrupters, considering the varying effects of lockdowns across different regions and segments. It covers both short-term and
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 forecast
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 supply
Global Bromelain & Papain Market 2019| MITSUBISHI-KAGAKU, SENTHIL, PATEL REMEDIE …
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 “Global Bromelain & Papain Market” 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 on
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 and