Bromelain Market is estimated to be US$ 99.6 million by 2034 with a CAGR of 7.2% during the forecast period

Published Date: January 2024

Bromelain is an enzyme extracted from pineapple stems and fruits. Bromelain is a special enzyme used across a large number of industries due to its medicinal and other properties. Bromelain is used for reducing inflammation, reducing digestion issues, faster wound healing, swelling, reducing allergy issues, maintaining heart health, healing joints and muscular pain. It is also used in other industries like dairy processing, meat processing, brewing, animal feed, detergent, cosmetics, and personal care products.Bromelain Market was valued at US$ 49.8 million in 2024 and is projected to grow at a CAGR of 7.2% to reach US$ 99.6 million by 2034.

The report " Bromelain Market,By Source (Stem, and Fruit), By Form (Powdered, Liquid, and Others), By Application (Food & Beverages, Pharmaceutical, Industrial, and Cosmetics), By Distribution Channel (Retail Sales Channel, Pharmacies & Drug Stores, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”
 
Key Highlights:
  • On 20 October 2020, Giellepi launched a proprietary bromelain ingredient. Bromeyal, a newly developed plant-derived enzyme that provides all the health benefits without using enteric-coating technologies
  • In September 2020, Enzyme Development Corporation launched ENZECO FICIN 100, a new food-grade biocatalyst and botanical protease, it is an endo-protease akin to papain and bromelain.

Analyst View:

The use of bromelain in the dietary supplement, use in the healthcare industry for treatment & prevention of joint diseases, beauty industry, and extensive demand from the bakery, and beverage manufacturers are the factors driving the global bromelain market. In addition, the side-effects of bromelain and lack of awareness about the benefits in developing countries are the major constraints of the market. Furthermore, investment by market leaders in the development of high-quality bromelain and also the use of bromelain to treat cancer cells, and cure arthritis will be fueling the demand of bromelain in the global market. Rising demand usage of natural products for production in various industries, cheap labor, and low manufacturing cost are propelling the market growth. Moreover, the harmful side effects of bromelain may hinder market growth.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Bromelain Market, By Source (Stem, and Fruit), By Form (Powdered, Liquid, and Others), By Application (Food & Beverages, Pharmaceutical, Industrial, and Cosmetics), By Distribution Channel (Retail Sales Channel, Pharmacies & Drug Stores, and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”

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Key Market Insights from the report:

Bromelain Market was valued at US$ 49.8 million in 2024 and is projected to grow at a CAGR of 7.2% to reach US$ 99.6 million by 2034. The Global Bromelain Market is segmented by Source,by form Application,by Distribution Channel and Region.

  • By Source, Bromelain Market is segmented into Stem, and Fruit
  • By Form (Powdered, Liquid, and Others)
  • By Application, Bromelain Market is segmented into Food & Beverages, Pharmaceutical, Industrial, and Cosmetics
  • By Distribution Channel (Retail Sales Channel, Pharmacies & Drug Stores, and Others)
  • By Region, Bromelain Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Competitive Landscape:

Key players in the bromelain market includes Enzybel International S.A, Hong Mao Biochemicals Co., Ltd, Nanning Pangbo Bioengineering Co. Ltd., Krishna Enzytech Pvt. Ltd., Guangxi Nanning Javely Biological Products Co. Ltd., Enzyme Development Corporation, Xena Bio Herbals Pvt. Ltd., Enzyme Technology (PTY) Ltd., Advanced Enzyme Technologies Limited, and Great Food Group of Companies.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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