Home > Food & Beverages > Nutraceuticals > Bromelain Market
Bromelain Market Size
Bromelain Market size was valued at around USD 25.1 million in 2022 and is estimated to register a CAGR of 7% between 2023 and 2032. Bromelain's digestive enzyme properties drive its use in dietary supplements and digestive health products, catering to consumers seeking improved digestion and nutrient absorption. Bromelain's ability to tenderize meat makes it a sought-after ingredient in the food industry, enhancing the texture and quality of meat products.
Bromelain's anti-inflammatory properties make it valuable for products targeting inflammation-related health concerns. Consumer preference for natural and plant-derived ingredients in food, beverages, and supplements drives the demand for bromelain as an additive.
Report Attributes | Details |
---|---|
Base Year: | 2022 |
Market Size in 2022: | USD 25.1 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 7% |
2032 Value Projection: | USD 49.2 Million |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 190 |
Segments covered: | Form, Enzyme Strength, Application, Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
Fluctuations in pineapple supply due to weather conditions, diseases, or market factors can affect bromelain production and availability. The extraction and purification of bromelain involve complex enzymatic processes, which can impact production efficiency and cost-effectiveness. Bromelain is subject to regulations governing its use in various applications, and compliance requirements can vary across regions Thus, the risks associated with Bromelain may drive down the acceptance rate, further hampering the business growth.
COVID-19 Impact
Changes in consumer behavior and preferences during the pandemic could have influenced the demand for certain products containing bromelain, such as dietary supplements and personal care items. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is anticipated to drive the bromelain industry expansion in the upcoming years.
Bromelain Market Trends
Consumers are increasingly seeking products with clean label ingredients and natural additives. Bromelain, derived from pineapple, aligns with this trend and is being used as a natural alternative to synthetic additives in various applications. The focus on health and wellness has led to increased interest in functional ingredients. Bromelain's potential health benefits, including its anti-inflammatory and digestive properties, make it appealing for products promoting well-being.
Bromelain Form Market Analysis
Based on form, the bromelain market is segmented as powdered and liquid. Powdered held a majority market value of USD 14.8 million in 2022. Powdered bromelain is easy to incorporate into various formulations, including dietary supplements, food products, and cosmetics. Manufacturers can control the dosage and concentration of bromelain in products, making powdered form suitable for customization. Moreover, an increasing usage will further accelerate the segmental growth.
Based on enzyme strength, the bromelain market is segmented as low, medium, high. Low held a dominant market share of around 45% in 2022 and is expected to grow at a lucrative pace till 2032. Bromelain with lower enzyme strength is suitable for individuals seeking mild digestive support without overpowering effects.
Based on application, the bromelain market is segmented as food & beverages, nutraceuticals, pharmaceuticals, cosmetics & personal care, others. Food & beverages held a dominant market share in 2022 and is anticipated to grow at 7.2% CAGR through 2032. Bromelain's meat tenderizing properties are highly valued in the food industry for improving the texture and quality of meat products. Thus, the high-quality services and growing usage of Bromelain at food centres are anticipated to expedite the business growth.
U.S. dominated the North American region with majority bromelain market share and a revenue of USD 6.1 million in 2022 and is anticipated to expand at a significant pace from 2023-2032. The growing interest in digestive health and gut wellness drives the demand for bromelain in dietary supplements and functional foods targeting improved digestion.
Bromelain Market Share
Some of the major players operating in the bromelain market are:
- Enzyme Development Corporation
- Advanced Enzymes
- Biozyme Laboratories
- Xena Bio Herbals
- Hong Mao Biochemicals Co., Ltd.
- Plamed Green Science Group
- Nanning Doing-Higher Bio-Tech Co., Ltd.
- Xian Yuensun Biological Technology Co., Ltd.
- Enzybel International
- Digestive Enzymes International Ltd.
- Creative Enzymes
- Nanning Pangbo Biological Engineering Co., Ltd.
- Integrative Therapeutics, Inc.
- Nature's Sunshine Products,
- Mountain Fresh Inc.
These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
Bromelain Industry News:
- In August 2021, Enzybel Group announced the launch of its new bromelain product, Bromelain K, which has been developed specifically for the food industry. The new product is a high-quality and stable bromelain enzyme that can be used as a meat tenderizer, protein hydrolyzer, and flavor enhancer in various food applications.
Bromelain market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments:
Click here to Buy Section of this Report
By Form
- Powdered
- Liquid
By Enzyme Strength
- Low
- Medium
- High
By Application
- Food & Beverages
- Nutraceuticals
- Pharmaceuticals
- Cosmetics & Personal Care
- Others
The above information is provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Malaysia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Egypt
Frequently Asked Questions (FAQ) :