Bromelain Market Overview
Maximize Market Research, a leading international business consultancy firm, has released its highly anticipated "Bromelain Market" Report, providing crucial insights into the market's potential in the Asia Pacific region. Despite economic challenges post the Covid lockdown period, the market has showcased resilience and an upward trend. The report positions the Asia Pacific region as a lucrative opportunity for Bromelain market and its component manufacturers over the next decade.
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Bromelain Market Values
Global Bromelain Market size was valued at USD 46.40 Mn. in 2022 and is expected to reach USD 75.49 Mn by 2029, at a CAGR of 7.2 %
Bromelain Market Scope
Import and export consumption, supply and demand chain, costs, shares, sales volumes, revenues, and gross profits are covered in the Bromelain market analysis report. The manufacturing bases, capacity, production, factory prices, revenues, and market share of each manufacturer in the Bromelain market are examined in the report.
Trends in the Bromelain Market:
Bromelain is one of the protease enzymes found in pineapples (Ananas comosus). While fruit bromelain is the main enzyme fraction found in pineapple juice, bromelain is the principal protease identified in pineapple stem extracts. A few other tiny cysteine endopeptidases (ananain, comosain) are also present in pineapple stem bromelain (SBM). Although fruit bromelain (FBM) was discovered much earlier than stem bromelain, more research has been done on the molecular characterisation of the latter enzyme. FBM isn't offered for sale, though. Stem bromelain has numerous medical, industrial, and other applications. The US Food and Drug Administration has categorised it as a food additive, and it is deemed generally safe.
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 forecast period of 2023–2029, the 1,200 GDU/g Bromelain Powder type segment is anticipated to develop fast at a CAGR. 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 1200 GDU/g category had the biggest market share in 2022.
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 will have combined market shares of more than 85%. Throughout the projection period, the food and beverage segment's revenue growth is anticipated to be driven by growing bromelain use in the meat, bread, and brewing industries.
The market is split into two segments: fruits and stems, according to the source. Between 2023 and 2029, the fruits bromelain segment is anticipated to expand at a compound annual growth rate (CAGR of ). It is possible to extract bromelain from stems as well as fruits, and a tiny amount can be separated from pineapple trash, such as peels, cores, and leaves. Fruit bromelain has a higher proteolytic activity than stem bromelain. The fruit market is the largest in the world.
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Bromelain Market Key Players
1. Creative Enzymes
2. Changsha Natureway Co., Ltd.
3. Nutriteck
4. Enzyme Development Corporation
5. Advanced Enzyme Technologies
6. Enzybel Group
7. Food State Company
8. Krishna Enzytech Pvt. Ltd.
9. Hong Mao Biochemicals Co., Ltd.
10. Fooding Group Limited
11. Bio-gen Extract Pvt. Ltd.
12. Mitushi Biopharma
13. Aumgene Bioscience
14. Arisun ChemPharm
15. 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 Analysis
The Bromelain market report comprises an extensive analysis of the Bromelain industry across five primary world regions are Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. It delves into the market's key geographies and highlights notable segments and sub-segments within the industry.
Key Questions answered in the Bromelain Market Report are:
- What is Bromelain Market?
- What is the forecast period of the Bromelain Market?
- What is the competitive scenario of the Bromelain market?
- Which region held the largest market share in the Bromelain Market?
- What are the opportunities for the Bromelain Market?
- What are the restraining factors in the Bromelain market?
- Who are the key players of the Bromelain market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Bromelain
- Landscape- Leading key players and other prominent key players.
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