In 2022, the global market size of bromelain was USD 25.94 Billion, and it is projected to reach USD 47.69 Billion by 2032, with a forecasted revenue CAGR of 7%. The increasing utilization of bromelain in various industries such as food and beverage, pharmaceuticals, and cosmetics is due to its diverse health benefits that include anti-inflammatory, analgesic, and digestive properties.
One of the major factors contributing to the market's revenue growth is the growing demand for bromelain in the food and beverage sector. Bromelain is not only used to create dairy products like cheese and yoghurt but is also used to tenderize meat. In the food industry, there is a high demand for natural food ingredients and clean-label products, which is driving the need for bromelain. Furthermore, the beverage industry is increasingly using bromelain in the production of various beverages, such as wine, juice, and beer, owing to its beneficial properties.
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Top Companies Operating in the Global Stem Bromelain Market Report:
- Enzybel International SA
- Guangxi Nanning Javely Biological Products Co., Ltd.
- Hong Mao Biochemicals Co., Ltd.
- Nanning Pangbo Biological Engineering Co., Ltd.
- Great Food Group of Companies
- Enzyme Technologies Corporation
- Good Food Inc.
- Xena Bio Herbals Pvt. Ltd.
- Enzyme Supplies Limited
- Bio-gen Extracts Pvt. Ltd.
- Amicogen, Inc.
Key Trends of Stem Bromelain Market
- Increasing demand for natural and plant-based ingredients: With growing consumer awareness and preference for natural and sustainable products, there is a rising demand for natural enzymes like bromelain. Bromelain's extraction from pineapple makes it a sought-after ingredient in various industries.
- Expanding applications in the healthcare industry: Bromelain has been traditionally used as a natural anti-inflammatory and digestive aid. However, research and development activities are exploring its potential in wound healing, cancer treatment, and other therapeutic applications. The healthcare industry's interest in bromelain could drive its market growth.
- Growing popularity in the cosmetic industry: Bromelain's exfoliating and skin-smoothing properties have led to its incorporation in cosmetic products such as facial cleansers, masks, and exfoliators. The demand for natural and plant-based skincare products could drive the use of bromelain in the cosmetic industry.
- Increasing product innovations and formulations: As the Stem Bromelain Market expands, manufacturers are likely to invest in research and development to create new formulations and improve the efficacy of bromelain-based products. This could include advanced extraction techniques, improved stability, and enhanced bioavailability.
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The global Stem Bromelain Market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Type Outlook:
- Stem Bromelain
- Fruit Bromelain
Application Outlook:
- Pharmaceuticals
- Food Beverage
- Healthcare
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