Bromelain Market Overview
Maximize Market Research, a leading market research and consulting company, has released an in-depth report on the evolving Bromelain Market. As technological advancements and changing consumer demands continue to shape the industry, this comprehensive overview provides invaluable insights for businesses aiming to make informed decisions and capitalize on emerging prospects.
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Global Bromelain Market size was valued at USD 46.40 Mn. in 2022 and is expected to reach USD 75.49 Mn by 2029, at a CAGR of 7.2 %
Market Report Scope and Research Methodology
The Bromelain market report offers a thorough estimation of market sizes and segments, encompassing both qualitative and quantitative aspects. Stakeholders can gain insights into drivers, challenges, and investment opportunities. The report analyzes the competitiveness, products, and regional markets of major companies, utilizing a blend of primary and secondary research to provide a roadmap for achieving higher growth in the Bromelain market.
Through a meticulous research methodology, the report delves into the key factors influencing the Bromelain market. It examines market sizes, growth rates, and import-export activities across different regions, providing a comprehensive analysis. The Regional Insights section scrutinizes the current status of the Bromelain market in various countries.
Bromelain Market Regional Insights
The report provides a comprehensive analysis, encompassing all factors, market size, growth rate, and import-export activities across different regions. Through Regional Analysis, the report examines the current status of the Bromelain market in various countries.
Trends in the Bromelain Market:
Bromelain is one of the protease enzymes found in pineapples (Ananas comosus). While fruit bromelain is the main enzyme fraction found in pineapple juice, bromelain is the principal protease identified in pineapple stem extracts. A few other tiny cysteine endopeptidases (ananain, comosain) are also present in pineapple stem bromelain (SBM). Although fruit bromelain (FBM) was discovered much earlier than stem bromelain, more research has been done on the molecular characterisation of the latter enzyme. FBM isn't offered for sale, though. Stem bromelain has numerous medical, industrial, and other applications. The US Food and Drug Administration has categorised it as a food additive, and it is deemed generally safe.
Bromelain Market Segmentation
The market is divided into four segments based on Type: 1,200 GDU/g, 2,000 GDU/g, 2,500 GDU/g, and Others. During the forecast period of 2023–2029, the 1,200 GDU/g Bromelain Powder type segment is anticipated to develop fast at a CAGR. Bromelain Powder 1200 GDU/g looks as an off-white to yellow fine powder when mixed with maltodextrin. Though trace levels can also be found in the fruits and leaves, the lowest part of pineapple plant stems contains the largest concentration of enzymes. This product has a maximum loss of 6% after drying and is water soluble. The 1200 GDU/g category had the biggest market share in 2022.
The market is divided into five segments based on the application: pharmaceutical, food and beverage, dietary supplements, healthcare, and others. By 2027, it is anticipated that the pharmaceutical and food and beverage industries will have combined market shares of more than 85%. Throughout the projection period, the food and beverage segment's revenue growth is anticipated to be driven by growing bromelain use in the meat, bread, and brewing industries.
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Bromelain Market Key Players
1. Creative Enzymes
2. Changsha Natureway Co., Ltd.
3. Nutriteck
4. Enzyme Development Corporation
5. Advanced Enzyme Technologies
6. Enzybel Group
7. Food State Company
8. Krishna Enzytech Pvt. Ltd.
9. Hong Mao Biochemicals Co., Ltd.
10. Fooding Group Limited
11. Bio-gen Extract Pvt. Ltd.
12. Mitushi Biopharma
13. Aumgene Bioscience
14. Arisun ChemPharm
15. Cn Lab Nutrition
Table of content for the Bromelain Market includes:
Part 01: Executive Summary
Part 02: Scope of the Bromelain Market Report
Part 03: Global Bromelain Market Landscape
Part 04: Global Bromelain Market Sizing
Part 05: Global Bromelain Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key questions answered in the Bromelain Market are:
- What is Bromelain?
- What was the Bromelain market size in 2023?
- What is the growth rate of the Bromelain Market?
- Which are the factors expected to drive the Bromelain market growth?
- What are the different segments of the Bromelain Market?
- What growth strategies are the players considering to increase their presence in Bromelain?
- What are the upcoming industry applications and trends for the Bromelain Market?
- What major challenges could the Bromelain Market face in the future?
- What segments are covered in the Bromelain Market?
- Who are the leading companies and what are their portfolios in Bromelain Market?
- What segments are covered in the Bromelain Market?
- Who are the key players in the Bromelain market?
Key Offerings:
- Past Market Size and Competitive Landscape (2019 to 2023)
- Past Pricing and price curve by region (2019 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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