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.
Major Driving Factors for Stem Bromelain Market:
Bromelain is a proteolytic enzyme extracted from pineapples, and it is widely used in various industries, including food and beverage, pharmaceuticals, cosmetics, and agriculture.
- Growing demand for natural enzymes: With the increasing preference for natural and organic products, the demand for natural enzymes like bromelain is on the rise. Consumers are becoming more health-conscious and are looking for natural supplements and ingredients to improve their overall health.
- Health benefits of bromelain: Bromelain has several health benefits, including reducing inflammation, aiding digestion, and boosting the immune system. It is used in the treatment of various conditions like arthritis, allergies, and respiratory infections. The increasing awareness of these health benefits is driving the demand for bromelain.
- Increasing demand from the food and beverage industry: The food and beverage industry is a significant consumer of bromelain. It is used as a meat tenderizer, flavor enhancer, and in the production of beer and other alcoholic beverages. The increasing demand for processed and convenience foods is driving the demand for bromelain in the food and beverage industry.
- Growing demand for nutraceuticals: Nutraceuticals are products that are derived from food sources and have medicinal properties. The demand for nutraceuticals is increasing due to the growing awareness of the health benefits of natural supplements. Bromelain is used in the production of several nutraceutical products, which is driving the demand for bromelain.
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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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