A prominent research firm, Cognizance Market Research added a cutting-edge industry report on “Bromelain Market”. The report studies the current as well as past growth trends and opportunities for the market to gain valuable insights during the forecast period from 2023 to 2030.
Bromelain Market Analysis:
According to cognizance market research, the Bromelain Market was valued at US$ 25.9 Million in 2022 and is anticipated to reach US$ 48.1 Million by the end of 2030 with a CAGR of 8.1% from 2023 to 2030.
What is Bromelain Market?
Bromelain is a protease enzyme that can be found in pineapples, specifically in the stem and the fruit (Ananas comosus). The pineapple stem extract primarily contains bromelain, while the fruit contains fruit bromelain. Moreover, bromelain contains two other small cysteine endopeptidases, ananain, and comosain, that are derived from the stem (SBM).
Although fruit bromelain (FBM) has received more attention than stem bromelain (SBM), the latter is still widely used in various industries and medicine. It is simple to produce SBM by using ultrafiltration of pineapple juice, but FBM is not commercially available.
Bromelain has many uses in the textile industry, such as breaking down protein fibers from silk and wool and enhancing the dyeing properties of protein fibers. It is also used as a hydrolyzing agent to release antimicrobial peptides from insoluble proteins in leather jackets.
In the medical field, bromelain has many clinical applications, including inhibiting tumor growth, treating third-degree burns, and enhancing antibiotic activity. It is also used to treat inflammatory, blood-clotting-related, and malignant disorders with an oral systemic medication. Additionally, it has been linked to reversible platelet aggregation, sinusitis, bronchitis, angina pectoris, thrombophlebitis, surgical trauma, pyelonephritis, and improved drug absorption, especially for antibiotics. Furthermore, bromelain has been successfully used to treat a variety of intestinal issues as a digestive enzyme.
Studies have shown that bromelain can replace trypsin and pepsin in the event of a deficiency. Moreover, it has been found to treat stomach ulcers in laboratory animals. Recently, it was discovered that bromelain improved the wound microenvironment and wound healing in gunshot wounds.
Bromelain Market Outlook:
The global bromelain market is expected to experience steady growth due to the rising demand for natural and organic products in the food, pharmaceutical, and cosmetic industries. Bromelain is a natural enzyme derived from pineapples, known for its digestive, anti-inflammatory, and anti-cancer properties. It finds various applications, including topical use for burns and wounds, dietary supplements, and as a meat tenderizer.
The largest consumer of bromelain is the food industry, where it serves as a natural meat tenderizer and food preservative. The demand for bromelain is projected to increase as consumers become more health-conscious and the demand for natural and organic products continues to rise. Furthermore, the pharmaceutical industry extensively utilizes bromelain for its various applications in the treatment of cancer, digestive disorders, and inflammation. The demand for bromelain in the pharmaceutical sector is expected to grow in response to the increasing prevalence of inflammatory diseases and gastrointestinal disorders.
Additionally, the cosmetic industry is showing a growing interest in bromelain, as it is used in skin care products for exfoliation and skin brightening. Overall, the bromelain market is poised for steady growth in the coming years, driven by the escalating demand for natural and organic products across various industries.
Based on source, the market has been segmented into stems and fruits.
The market segments are categorized based on the type, including 1,200 GDU/g, 2,000 GDU/g, 2,500 GDU/g, and Others. The segment for 1,200 GDU/g Bromelain Powder is expected to experience rapid growth from 2023 to 2029, with a projected CAGR of xx%. Bromelain Powder 1200 GDU/g is an off-white to yellow fine powder that is typically mixed with maltodextrin. While small amounts of enzymes can be found in the fruits and leaves of pineapple plants, the highest concentration is found in the lower parts of the stems. This product can lose up to 6% of its weight during the drying process and is soluble in water.
Segmented by application, the market includes Healthcare, Dietary Supplements, Food & Beverages, Pharmaceuticals, and Others, with the food and beverage and pharmaceutical segments expected to hold the largest market shares.
Enzymes such as bromelain find extensive use in the household care industry, and the detergent sector stands out as the largest consumer of enzymes in North America. The demand for meat products in North America is on the rise, driven by increasing population levels. The food and beverage industry in North America has a significant demand for bromelain, primarily as a highly sought-after chemical for meat tenderization. The use of bromelain in tooth whitening procedures is a common practice in this region. Manufacturers of oral care products now offer products that include bromelain.
Brazil leads Latin America as the largest consumer of chicken feed and feed additives. The region’s appetite for poultry meat continues to grow. Enzymes like bromelain are increasingly essential due to the rising demand for carbohydrate and protein-enhancing solutions in animal feed. Bromelain enzymes enhance the digestion of meals made with cereal.
In Germany, the health supplement bromelain is frequently used to reduce swelling and edema in the nose and sinuses following surgery or accidents. Major cosmetics companies in Europe are incorporating bromelain into new products because it aids in treating acne, wrinkles, and dry skin. Additionally, it helps reduce bruising and swelling after injections.
The Asia Pacific region is experiencing a growing demand for enzymes, particularly for their role in the development of eco-friendly fiber processing technologies and strategies to improve the quality of final products. The textile sector in the region is constantly advancing with new technologies and products, driving increased demand for enzymes like bromelain. Furthermore, bromelain is utilized as a skin recovery agent to protect skin from damage following cosmetic and dermal procedures. The pharmaceutical industry in Asia and the Pacific is currently witnessing a rising demand for bromelain.
The report offers the revenue of the Bromelain Market for the period 2020-2030, considering 2020 & and 2021 as historical years, 2022 as the base year, and 2023 to 2030 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the Bromelain Market for the forecast period. The Bromelain Market report provides insights and in-depth analysis into developments impacting enterprises and businesses on a regional and global level. The report covers the Bromelain Market performance in terms of revenue contribution from several segments and comprises a detailed analysis of key drivers, trends, restraints, and opportunities prompting revenue growth of the Bromelain Market.
The report has been prepared after wide-ranging secondary and primary research. Secondary research included internet sources, numerical data from government organizations, trade associations, and websites. Analysts have also employed an amalgamation of bottom-up and top-down approaches to study numerous phenomena in the Bromelain Market. Secondary research involved a detailed analysis of significant players’ product portfolios. Literature reviews, press releases, annual reports, white papers, and relevant documents have been also studied to understand the Bromelain Market. Primary research involved a great extent of research efforts, wherein experts carried out interviews telephonic as well as questioner-based with industry experts and opinion-makers.
The report includes an executive summary, along with a growth pattern of different segments included in the scope of the study. The Y-o-Y analysis with elaborate market insights has been provided in the report to comprehend the Y-o-Y trends in the Bromelain Market. Additionally, the report focuses on altering competitive dynamics in the global market. These indices serve as valued tools for present market players as well as for companies interested in participating in the Bromelain Market. The subsequent section of the Bromelain Market report highlights the USPs, which include key industry events (product launch, research partnership, acquisition, etc.), technology advancements, pipeline analysis, prevalence data, and regulatory scenarios.
Bromelain Market Competitive Landscape:
There are several small and major firms participating in the highly fragmented Bromelain Market. The new strategies formed by companies revolve around accuracy and precision. The following are some of the major market participants:
The report explores the competitive scenario of the Bromelain Market. Major players working in the Bromelain Market have been named and profiled for unique commercial attributes. Company overview (company description, product portfolio, geographic presence, employee strength, Key management, etc.), financials, SWOT analysis, recent developments, and key strategies are some of the features of companies profiled in the Bromelain Market report.
Bromelain Market, By Source:
Bromelain Market, By Type:
Bromelain Market, By Application:
Bromelain Market, by region:
It was Valued at US$ 25.9 million in 2022.
It is projected to reach more than US$ 48.1 million by 2030.
It is anticipated to be 8.1% from 2023 to 2030.
Trend: Growing Demand for Natural Ingredients, Expanding Application Scope, Research and Development, etc.
Driver: Pharmaceutical and Healthcare Industries, Exfoliating and skin-smoothing properties, etc.
Opportunities: Plant-Based Trends, Research and Development, etc.
Challenges: Raw Material Supply, Allergenic Potential, etc.
Advanced Enzyme Technologies, Arisun ChemPharm , Aumgene Bioscience, Bio-gen Extract Pvt. Ltd., Biozym Gesellschaft fur Enzymtechnologic mbH, Changsha Natureway Co., Ltd.
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