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Bromelain Market Size, Share & Trends Analysis Report By Application (Healthcare, Meat & Seafood, Dietary Supplements, Others), By Region, And Segment Forecasts, 2024 - 2030

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    Report

  • 100 Pages
  • August 2024
  • Region: Global
  • Grand View Research
  • ID: 4479688

Bromelain Market Growth & Trends

The global bromelain market size is expected to reach USD 45.1 million by 2030, registering a CAGR of 6.7% during the forecast period. The market growth is majorly driven by the growing inclusion of the product in the healthcare, pharmaceutical, and dietary supplements industries due to its numerous health benefits.

Bromelain is a naturally occurring enzyme found in pineapple and the stem of pineapple. It is a type of proteolytic enzyme. The enzyme has numerous health benefits and has been used in indigenous medicine by tropical tribes. It has found its place in modern medicine too. It has been found as a very effective anti-inflammatory agent against allergies, one among its numerous benefits.

In the cosmetic industry, the product has found its place as a skin whitener and exfoliator. Its organic source makes it desirable and highly demanded in the contemporary world. Bromelain has no side effects and it has also been found to help the fast recovery of burn wounds and remove dead skin cells from wounds.

Another prominent application of bromelain is found in the meat and seafood industry. The increase in the consumption of meat and seafood globally has consequently increased the demand as it is used as a tenderizing agent as the enzyme present in bromelain hydrolyzes the proteins of the tough meat making it tender and pleasurable to eat.

Europe was emerged as a lucrative region in 2023. The growth is attributed to the high consumption of meat and seafood and the increased R&D activities by the key companies in the region. Although the major production of bromelain takes place in tropical countries such as Thailand and the Philippines in Asia Pacific, most of the research, development, and product enhancement activities take place in Europe and North America. This makes them major contributors to revenue in the global market.

Bromelain Market Report Highlights

  • The dietary supplement application segment is anticipated to display profligate growth with a CAGR of 7.0%, in terms of revenue, from 2022 to 2030. This is attributed to increasing awareness among the people about nutrition supplements and self-care and also to increasing purchasing power of the people.
  • The healthcare application segment is expected to showcase a healthy CAGR in terms of revenue. This is owing to the utilization of bromelain in numerous treatment medicines such as for cancer, rheumatoid arthritis, and HIV. Bromelain has no or minimal side effects due to its natural roots, which contributes to the growth of the segment.
  • The Asia Pacific region is estimated to have an exponential CAGR of 7.5%, in terms of revenue, from 2022 to 2030 as the region is a major supplier of bromelain. The increased purchasing power of the people due to economic development is also contributing to the growth of the regional market.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets


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Table of Contents

Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Internal Database
1.4 Information analysis
1.5 Market formulation & data visualization
1.6 Data validation & publishing
1.6.1 Research scope and assumptions
1.6.2 List to Data Sources
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Segmental Outlook
2.3 Competitive Insights
Chapter 3 Bromelain Market: Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Global Enzyme Market
3.2 Penetration & Growth Prospect Mapping
3.3 Industry Value Chain Analysis
3.3.1 Raw Material Trends
3.3.2 Manufacturing Trends
3.4 Technology Overview
3.4.1 Aqueous Two-Phase System
3.4.2 Chromatographic techniques
3.4.3 Reversed micellar extraction
3.4.4 Precipitation methods
3.5 Regulatory Framework
3.6 Guidance for Industry Enzyme Preparations
3.7 Market Dynamics
3.7.1 Market Driver Analysis
3.7.1.1 Growth in The healthcare industry
3.7.1.2 Growth in The personal care segment
3.7.1.3 Growth in the meat sector
3.7.2 Market Restraint Analysis
3.7.2.1 Side effects caused by bromelain consumption
3.7.2.2 Use of artificial/synthetic enzymes
3.7.3 industry challenges
3.8 Business Environment Analysis: Bromelain Market
3.8.1 Industry Analysis - Porter’s Five Forces
3.8.2 PESTEL Analysis
Chapter 4 Bromelain Market: Application Estimates & Trend Analysis
4.1 Application movement analysis & market share, 2021 & 2030 (USD Million) (%)
4.2 Global Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons) (USD Thousands)
4.2.1 Healthcare
4.2.1.1 Global Bromelain Market Estimates and Forecasts in Healthcare, 2018 - 2030 (Tons) (USD Thousands)
4.2.2 Meat & Seafood
4.2.2.1 Global Bromelain Market Estimates and Forecasts in Meat & Seafood, 2018 - 2030 (Tons) (USD Thousands)
4.2.3 Dietary Supplements
4.2.3.1 Global Bromelain Market Estimates and Forecasts in Dietary Supplements, 2018 - 2030 (Tons) (USD Thousands)
4.2.4 Others
4.2.4.1 Global Bromelain Market Estimates and Forecasts in Other applications, 2018 - 2030 (Tons) (USD Thousands)
Chapter 5 Bromelain Market: Regional Estimates & Trend Analysis
5.1 Bromelain regional movement analysis & market share, 2021 & 2030 (USD Million) (%)
5.2 Global Bromelain Market Estimates and Forecasts, by Region, 2018 - 2030 (Tons) (USD Thousands)
5.2.1 North America
5.2.1.1 North America Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons) (USD Thousands)
5.2.1.2 U.S.
5.2.1.2.1 U.S. Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons) (USD Thousands)
5.2.2 Europe
5.2.2.1 Europe Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons) (USD Thousands)
5.2.2.2 Germany
5.2.2.2.1 Germany Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons) (USD Thousands)
5.2.3 Asia Pacific
5.2.3.1 Asia Pacific Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons) (USD Thousands)
5.2.3.2 China
5.2.3.2.1 China Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons) (USD Thousands)
5.2.3.3 India
5.2.3.3.1 India Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons) (USD Thousands)
5.2.3.4 Philippines
5.2.3.4.1 Philippines Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons) (USD Thousands)
5.2.3.5 Thailand
5.2.3.5.1 Thailand Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons) (USD Thousands)
5.2.4 Central & South America
5.2.4.1 Central & South America Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons) (USD Thousands)
5.2.4.2 Brazil
5.2.4.2.1 Brazil Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons) (USD Thousands)
5.2.5 Middle East & Africa
5.2.5.1 Middle East & Africa Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons) (USD Thousands)
5.2.5.2 South Africa
5.2.5.2.1 South Africa Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons) (USD Thousands)
Chapter 6 Competitive Landscape
6.1 Bromelain Market Competitive Ranking analysis, 2021
6.2 Vendor Landscape
6.3 Competitive Environment
6.4 Company Market Positioning
6.5 Strategy Framework
Chapter 7 Competitive Landscape
7.1 Enzybel International SA
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Product Benchmarking
7.2 Hong Mao Biochemicals Co., Ltd.
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Product benchmarking
7.3 Great Food Group of Companies
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Product Benchmarking
7.4 Enzyme Technologies
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Product Benchmarking
7.5 Nanning Pangbo Biological Engineering Co., Ltd.
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Product Benchmarking
7.6 Guangxi Nanning Javely Biological Products Co. Ltd.
7.6.1 Company Overview
7.6.2 Financial Performance
7.6.3 Product Benchmarking
7.7 Nanning Doing Higher Bio-Tech Co. Ltd.
7.7.1 Company Overview
7.7.2 Financial Performance
7.7.3 Product benchmarking
7.8 Changsha Natureway Co., Ltd.
7.8.1 Company Overview
7.8.2 Financial Performance
7.8.3 Product Benchmarking
7.9 Biozym Gesellschaft fur Enzymtechnologic mbH
7.9.1 Company Overview
7.9.2 Financial Performance
7.9.3 Product Benchmarking
7.10 Ursapharm Arzneimitted GmbH
7.10.1 Company Overview
7.10.2 Financial Performance
7.10.3 Product Benchmarking
7.10.4 Strategic Initiatives
List of Tables
Table 1 Global Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons)
Table 2 Global Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Thousands)
Table 3 Global Bromelain Market Estimates and Forecasts in Healthcare, 2018 - 2030 (Tons) (USD Thousands)
Table 4 Global Bromelain Market Estimates and Forecasts in Meat & Seafood, 2018 - 2030 (Tons) (USD Thousands)
Table 5 Global Bromelain Market Estimates and Forecasts in Dietary Supplements, 2018 - 2030 (Tons) (USD Thousands)
Table 6 Global Bromelain Market Estimates and Forecasts in Others, 2018 - 2030 (Tons) (USD Thousands)
Table 7 Global Bromelain Market Estimates and Forecasts, by Region, 2018 - 2030 (Tons)
Table 8 Global Bromelain Market Estimates and Forecasts, by Region, 2018 - 2030 (USD Thousands)
Table 9 North America Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons)
Table 10 North America Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Thousands)
Table 11 U.S. Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons)
Table 12 U.S. Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Thousands)
Table 13 Europe Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons)
Table 14 Europe Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Thousands)
Table 15 Germany Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons)
Table 16 Germany Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Thousands)
Table 17 Asia Pacific Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons)
Table 18 Asia Pacific Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Thousands)
Table 19 China Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons)
Table 20 China Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Thousands)
Table 21 India Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons)
Table 22 India Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Thousands)
Table 23 Philippines Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons)
Table 24 Philippines Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Thousands)
Table 25 Thailand Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons)
Table 26 Thailand Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Thousands)
Table 27 Central & South America Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons)
Table 28 Central & South America Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Thousands)
Table 29 Brazil Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons)
Table 30 Brazil Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Thousands)
Table 31 Middle East & Africa Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons)
Table 32 Middle East & Africa Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Thousands)
Table 33 South Africa Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (Tons)
Table 34 South Africa Bromelain Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Thousands)
Table 35 Bromelain Market Competitive Ranking analysis, 2021
Table 36 Vendor Landscape
List of Figures
Fig. 1 Bromelain Market Segmentation & Scope
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 Bromelain Market Snapshot
Fig. 7 Bromelain Market Segmental Outlook, 2021 (USD Thousands)
Fig. 8 Bromelain market, 2018 - 2030 (Tons) (USD Thousands)
Fig. 9 Bromelain Market - Value Chain Analysis
Fig. 10 Major Pineapple fruit producers, by country, 2020, Volume (Tons)
Fig. 11 Bromelain Market - Market Dynamics
Fig. 12 Porter's Five Forces Analysis
Fig. 13 Bromelain Market - PESTEL Analysis
Fig. 14 Bromelain market revenue share, by application, 2021 & 2030 (USD Thousands)
Fig. 15 Bromelain revenue market, by region, 2021 & 2030, (USD Thousands)
Fig. 16 Company Market Positioning
Fig. 17 Bromelain Market - Strategy Framework

Companies Mentioned

  • Hong Mao Biochemicals Co., Ltd.
  • ENZYBEL GROUP
  • Great Food Group of Companies
  • Advanced Enzyme Technologies
  • Guangxi Nanning Javely Biological Products Co. Ltd.
  • Nanning Pangbo Biological Engineering Co., Ltd.
  • Nanning Doing Higher Bio-Tech Co. Ltd.
  • Changsha Natureway Co., Ltd.
  • Biozym Gesellschaft für Enzymtechnologie mbH
  • URSAPHARM Arzneimittel GmbH

Methodology

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Table Information