Request Sample
Request Methodology
Description
Bromelain Market size was valued at USD 28.24 billion in 2021, growing at a CAGR of 7.1% from 2022-28. 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 bromelain 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 bromelain 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 bromelain 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 blood 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.
