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.
Market Scope:
Using both primary and secondary research approaches, we researched the Bromelain Market from every viewpoint. This helped us gain a better understanding of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, customer habits, and so on. The data is then compiled and analysed using a range of market estimation and data validation techniques. Furthermore, we have an in-house data forecasting engine that forecasts market growth through 2027.
Bromelain Market Overview:
The market research study analyses and assesses the market's position during the forecast period. It is a comprehensive examination that focuses on primary and secondary drivers, market share, leading segments, and geographical analysis.
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Segmentation:
By Type
• 1,200 GDU/g
• 2,000 GDU/g
• 2,500 GDU/g
• Others
The market is divided into four categories: 1,200 GDU/g, 2,000 GDU/g, 2,500 GDU/g, and Others. During the projection period 2023-2029, the 1,200 GDU/g Bromelain Powder type segment is predicted to grow significantly at a CAGR of . Bromelain Powder 1200 GDU/g appears as an off-white to yellow fine powder on Maltodextrin. The lowest section of pineapple plant stems has the highest concentration of enzymes, but tiny amounts can also be found in the fruits and leaves. This product is water soluble, with a maximum loss after drying of 6%.
By Application
• Healthcare
• Dietary Supplements
• Food & Beverages
• Pharmaceutical
• Others
Healthcare, Dietary Supplements, Food & Beverages, Pharmaceutical, and Others are the market segments. Both the food and beverage and pharmaceutical industries are predicted to have market shares of more than 85% by 2027. Increasing bromelain use in the bakery, meat, and brewing industries is likely to fuel revenue growth in the food & beverages segment during the forecast period.
By Source
• Stem
• Fruits
The market is divided into two sections: stem and fruits. During the projection period 2023-2029, the fruits bromelain sector is predicted to grow significantly at a CAGR of . Bromelain can be extracted from stems as well as fruits, and a trace amount can be extracted from pineapple waste such as cores, leaves, and peels. Fruit bromelain has higher proteolytic activity than stem bromelain. The global fruit market is the largest.
- Bromelain Market: Research Methodology
- Bromelain Market: Executive Summary
- Market Overview and Definitions
- Introduction to Bromelain Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Bromelain Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Bromelain Market Segmentation
- Bromelain Market, by Product (2021-2029)
- Bromelain Market, by Application Administration (2021-2029)
- Bromelain Market, by End-Users (2021-2029)
- Bromelain Market(2021-2029)
- Bromelain Market, by Type (2021-2029)
- Bromelain Market, by Product (2021-2029)
- Bromelain Market, by Application (2021-2029)
- Bromelain Market, by Country (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Players:
The report also focuses on the global main industry players in the Bromelain Market, including company biographies, product images and specs, capacity, production, price, cost, revenue, and contact information. The study examines prominent Bromelain market businesses and ranks them in the market. The following players are featured in this report:
• 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
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Regional Analysis:
The Bromelain market in each area is further segmented into regions and segments. The study examines and anticipates several nations, as well as current trends and opportunities in the area.
COVID-19 Impact Analysis on Bromelain Market:
The primary goal of the research is to provide enterprises in the industry with a strategic analysis of the impact of COVID-19. Simultaneously, this research investigated the marketplaces of significant nations and presented their market potential.
Key Questions Answered in the Bromelain Market Report are:
- What are some of the promising growth opportunities in the global Bromelain market by product type and Region?
- Which Bromelain market segments will grow the fastest, and why?
- Which regions will develop quicker?
- What are the elements influencing Bromelain market?
- What are the Bromelain market's business risks?
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