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Bromelain Market: By Source, By Application and Region Forecast 2019-2030
Bromelain Market: By Source, By Application and Region Forecast 2019-2030
Bromelain Market size was valued at US$ 28.24 billion in 2023 and is poised to grow at a CAGR of 7.1% from 2024-2030. Some of the key factors boosting the market growth include increasing demand for bromelain from various industries, rising consumer beauty awareness and increasing anti-aging cosmetics demand and the inherent properties of bromelain to tenderize meat. Further, easy availability of the product in various specifications is the other factor responsible for the market growth.
However, factors such as harmful side effects hampering the market growth. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). It may also cause allergic reactions, especially in people who have other allergies.
Hence, harmful side effects of bromelain hampers the market growth. Increasing awareness of bromelain's health advantages is projected to be a major factor driving the market share of bromelain over the forecast period. Bromelain is also useful in the treatment of cardiovascular diseases, excessive bloodstream pressure, and other conditions. As a result, the healthcare sector is expected to be a lucrative market, helping to boost enzyme demand. Apart from the healthcare sector, bromelain is expected to gain traction in the food and beverage industry, which will benefit the market significantly during the forecast period.
Study Period
2024-2030Base Year
2023CAGR
7.1%Largest Market
Asia PacificFastest Growing Market
Europe
Bromelain is a mixture of enzymes derived from pineapple. Its effects are mainly a product of its proteolytic activity, which stimulates fibrinolysis by increasing plasmin, but bromelain also has been shown to prevent kinin production and to inhibit platelet aggregation. Bromelain is used for food protein hydrolysis as process aid. For example, it is used in baking, meat tenderization, brewing, fish protein hydrolysation, etc. Bromelain is in huge demand in the F&B industry to tenderize red meat. There is a constant and fast increasing consumer demand for processed meat and ready-to-cook and ready-to-eat meat dishes, due to the ease of consumption of these ready meat food products and thus meat industry is a large part of the global food & beverages sector.
Asia Pacific accounted for larger revenue share in the market with considerable CAGR. The growth in this region is due to huge government spending on infrastructure development and robust manufacturing base in the region. Also, China is the major contributor for the market growth due to the expansion in the end user industries and increasing investments in natural enzyme sector. Additionally, Europe held considerable market share during estimated period as healthcare industry in Germany is considered to be the strongest in the region.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 28.24 billion |
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Market CAGR |
7.1% |
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By Source |
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By Application |
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By Region |
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Download Free Sample Report
The global bromelain market size was valued at US$ 28.24 billion in 2023 and is expected to grow at a CAGR of 7.1% from 2024 to 2030.
The bromelain market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The bromelain market key players are: Advanced Enzyme Technologies (India), Changsha, Natureway Co.Ltd. (China), Creative Enzymes (U.S.), Enzybel Group (Belgium), Enzyme Development Corporation (U.S.)
| 1. Executive Summary |
| 2. Global Bromelain Market Introduction |
| 2.1.Global Bromelain Market - Taxonomy |
| 2.2.Global Bromelain Market - Definitions |
| 2.2.1.Source |
| 2.2.2.Application |
| 2.2.3.Professional |
| 2.2.4.Region |
| 3. Global Bromelain Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Bromelain Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Bromelain Market By Source, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Fruits |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Stem |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Global Bromelain Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Dietary Supplements |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Food & beverages |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Healthcare |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Global Bromelain Market By Professional, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. IO/IQ Products |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. PQ Products |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Lab Consultancy Services |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. LEAN/Six Sigma Services |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Educational Services |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Accredational Support Services |
| 7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 8. Global Bromelain Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9. North America Bromelain Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Source Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Fruits |
| 9.1.2.Stem |
| 9.3. Professional Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.IO/IQ Products |
| 9.3.2.PQ Products |
| 9.3.3.Lab Consultancy Services |
| 9.3.4.LEAN/Six Sigma Services |
| 9.3.5.Educational Services |
| 9.3.6.Accredational Support Services |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10. Europe Bromelain Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Source Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Fruits |
| 10.1.2.Stem |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Dietary Supplements |
| 10.2.2.Food & beverages |
| 10.2.3.Healthcare |
| 10.2.4.Others |
| 10.3. Professional Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.IO/IQ Products |
| 10.3.2.PQ Products |
| 10.3.3.Lab Consultancy Services |
| 10.3.4.LEAN/Six Sigma Services |
| 10.3.5.Educational Services |
| 10.3.6.Accredational Support Services |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11. Asia Pacific (APAC) Bromelain Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Source Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Fruits |
| 11.1.2.Stem |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Dietary Supplements |
| 11.2.2.Food & beverages |
| 11.2.3.Healthcare |
| 11.2.4.Others |
| 11.3. Professional Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.IO/IQ Products |
| 11.3.2.PQ Products |
| 11.3.3.Lab Consultancy Services |
| 11.3.4.LEAN/Six Sigma Services |
| 11.3.5.Educational Services |
| 11.3.6.Accredational Support Services |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12. Middle East and Africa (MEA) Bromelain Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Source Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Fruits |
| 12.1.2.Stem |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Dietary Supplements |
| 12.2.2.Food & beverages |
| 12.2.3.Healthcare |
| 12.2.4.Others |
| 12.3. Professional Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.IO/IQ Products |
| 12.3.2.PQ Products |
| 12.3.3.Lab Consultancy Services |
| 12.3.4.LEAN/Six Sigma Services |
| 12.3.5.Educational Services |
| 12.3.6.Accredational Support Services |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13. Latin America Bromelain Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Source Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Fruits |
| 13.1.2.Stem |
| 13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Dietary Supplements |
| 13.2.2.Food & beverages |
| 13.2.3.Healthcare |
| 13.2.4.Others |
| 13.3. Professional Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.IO/IQ Products |
| 13.3.2.PQ Products |
| 13.3.3.Lab Consultancy Services |
| 13.3.4.LEAN/Six Sigma Services |
| 13.3.5.Educational Services |
| 13.3.6.Accredational Support Services |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Advanced Enzyme Technologies (India) |
| 14.2.2.Changsha Natureway Co.Ltd. (China) |
| 14.2.3.Creative Enzymes (U.S.) |
| 14.2.4.Enzybel Group (Belgium) |
| 14.2.5.Enzyme Development Corporation (U.S.) |
| 14.2.6.Food State Company (U.K.) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.