Bromelain Market 2023 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030

The global market value of the bromelain market was USD 25.1 million in 2022, and it is estimated to grow at a CAGR of 7.2% during the forecast period. It is a type of enzyme that is found in pineapple and helps our body fight against pain and swelling. The growing inclusion of bromelain in healthcare and dietary supplements is driving the demand for bromelain significantly.

Due to the high self-awareness of the people, this market is witnessing significant growth globally and is expected to grow more rapidly. Increasing demand for it in stomach infections is driving the growth of the bromelain market. There is increasing demand for it in the healthcare, pharmaceutical, and dietary supplement industries. The increasing demand for bromelain in the bakery industry as a flavor enhancer is driving the growth of the market.

 Impact of Covid-19

Due to the disruption in the supply chain, the early phase of COVID-19 was horrible for the bromelain market. But later on, with the ease of restrictions, the demand for bromelain in bakeries, textiles, and cosmetics industries increased. The bromelain market is very competitive. Initially, there was a challenge in harvesting pineapples, which impacted bromelain production. Increased awareness of its potential health benefits, especially its immune-boosting properties, has led to a subsequent rise in demand post-pandemic.

Growth Drivers

Growth drivers in the bromelain market include its wide application in pharmaceuticals, healthcare, and food industries due to its anti-inflammatory, digestive, and potential anti-cancer properties. The increasing consumer awareness of natural and plant-based remedies has contributed to their demand, along with research and development for new applications.

Some studies suggest that it inhibits the growth of certain cancer cells. It also works to increase immunity and fight against several diseases. Bromelain has protein-dissolving properties. Demand for natural alternatives in various sectors is driving the growth in the bromelain market significantly. Due to its exfoliating and skin-soothing properties, bromelain is widely used in the cosmetics industry. Its natural enzymes have a cool and calm effect on the skin.

The increasing use of bromelain in the cosmetics industry and pharmaceuticals is driving the growth of the market significantly. It is naturally used in pharmaceuticals as a natural remedy for reduced swelling. It is useful, particularly after surgery or injury. It is also beneficial for critical diseases like osteoarthritis. It is widely used in bakeries for flour, dough, and cookies, which are highly desired by consumers.

The textile industry utilizes bromelain to soften the cocoon for easy extraction of silk. Increasing demand for skin and teeth-whitening creams is driving the growth of the market. There is an increasing demand for bromelain to treat arthritis patients, muscle soreness, and various digestive issues. In food processing, it is used as a meat tenderizer, and in dairy, it is used to improve texture.

Segmentation

Source

·         Stem

·         Fruit

Application

·         Healthcare

·         Meat, and Seafood

·         Dietary Supplements

·         Others

Regional Outlook

·         Asia Pacific

·         North America

·         Latin America

·         Europe

·         Middle East and Africa

Bromelain Market Source Segmentation

On the basis of source, the bromelain market is segmented into stems and fruits. The stem segment holds a significant share of the market. A major part of commercial bromelain is extracted from pineapple stems, as it is a cheaper source and a non-edible part of the fruit. Stem bromelain is widely used as a therapeutic agent and food additive. It is used to treat bronchitis, wounds, and inflammation. This stem bromelain is widely used in cosmetics and pharmaceuticals and is expected to remain the dominant segment during the forecast period.

Bromelain Market Application Segmentation

On the basis of application, the bromelain market is segmented into healthcare, meat and seafood, dietary supplements, and others. Healthcare is the leading segment and is expected to maintain its dominance during the forecast period due to its usage in chronic diseases like cancer to damage cells. Increasing demand for bromelain in the cosmetic industry and pharmaceuticals is driving the growth of the market significantly. Bromelain is also used as a dietary supplement. Bromelain is a very useful enzyme and is also used in bakeries to bake various items.

Bromelain Market Regional Outlook Segmentation

On the basis of regions, the bromelain market is segmented into 5 regions: Asia Pacific, Europe, North America, Latin America, the Middle East, and Africa. Europe is expected to lead the market and dominate it during the forecast period due to the wider adaptability of stem bromelain in cosmetics, dietary supplements, and bakery products. The bakery industry is among the most developing industries in the world. The increasing use of stem bromelain in flavor enhancers and dough improvers is growing the market significantly during the forecast period. In Germany, France, and Italy, stem bromelain is used as a health supplement.

Asia Pacific, accounting for 30% of the market share, is the second-largest market in the world. Bromelain is developed mainly in the region where pineapples are grown. Due to optimum land availability and favorable conditions, Asia Pacific is growing the largest quantity of pineapples in the world. This enzyme is gaining popularity as a nutricosmetic component in Asia Pacific; as a result, bromelain-enriched face masks and other cosmetic products are widely used, and this is overall benefiting the healthcare market significantly.

North America, particularly the United States of America, is also a big market for bromelain because of the rising awareness among people about healthcare and product benefits in various endeavors. The market in North America is expected to grow positively due to the increasing use of bromelain in cosmetics, pharmaceuticals, and the medical industry. US food, and drug association has identified Bromelain as a food additive. Middle East and Africa region is completely deprived of this product, so by trade, by export the bromelain is transported to this part of the world.

Key Players

·         Hong Mao Biochemicals company Limited

·         Nanning Doing Higher biotech company limited

·         Enzybel International S.A.

·         Great Food group of Companies

·         Enzyme Technologies

·         Changsha Natureway Company Limited

·         Enzymetechnlogic GmbH

·         Guanxi Nanning javeli company limited

·         Biozym Gesellschaft fur Enzymetechnologic mbh

·         Other Players