Bromelain Market Overview
Bromelain is a proteolytic enzyme which breaks down large molecules of proteins making it easy for digestion and aiding in nutrition. They are also known as proteinase or peptidase. The global Bromelain Market size is expected to experience bullish growth to touch a value of USD 1,055.1 million by 2025, as per the insightful report by Market Research Future (MRFR). It is touted to display 4.60% CAGR from 2018 to 2025 (forecast period).
The Bromelain Market growth is guided by the high demand from pharmaceutical, cosmetics, and food & beverage sectors. Technological breakthroughs to enhance the industrial grades of the enzyme in various forms is expected to bode well for the market. Bromelain can be segregated from pineapples using adsorption and separated with the help of nanoparticles. Furthermore, purification of the enzyme from external sources can act as an additional tailwind for the market growth.
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Industry News
Scientific Research – The European Commission has mandated residue limits for bromelain use in veterinary medicines. The bromelain levels assist pigs in tackling diarrhea. Pharmacokinetic properties of the enzyme can prevent the attachment of the bacteria Escherichia coli. The effects have been tested in murine models and known to reduce inflammation and formation of fibrin.
Food Preservation – Although bromelain has found mention due to its health benefits, it has found a new application in food preservation. Mackerel fish sauce can be fermented with low probability of flavor or taste loss. Samples with high bromelain levels can expedite the process successfully.
New Product – Dixie Brands Inc., one of the leaders in hemp wellness, has launched tablets constituted of bromelain and turmeric to ease soreness and pain.
Competitive Analysis
Leading players in the global master alloys market include Creative Enzymes, Changsha Natureway Co., Ltd., Nutriteck, Enzyme Development Corporation, Advanced Enzyme Technologies, Enzybel Group, Food State Company, Krishna Enzytech Pvt. Ltd., Hong Mao Biochemicals Co., Ltd., and Fooding Group Limited.
Market Segmentation
By Source, the Bromelain Market is segmented into stem and fruits. The stem segment can touch a value of USD 931.6 million by 2025. This can be credited to high purity level of bromelain being extracted from pineapples. On the flip side, fruits can exhibit 4.32% CAGR over the assessment period to touch a valuation of USD 123.4 million. This can be credited to ample amounts of vitamins found in fruits.
By Type, the market has been segmented into 1,200 GDU/g, 2,000 GDU/g, 2,500 GDU/g, and others. The 2,500 GDU/g segment is expected to be the most lucrative for the bromelain market. This is attributed to the high dosage limit required in various pharmaceutical applications. On the other hand, the 2,000 GDU/g segment will dominate the market due to the need for medium dosage levels.
By Application, the market is segmented into food & beverages, dietary supplements, healthcare, and others. The healthcare segment can generate revenue close to USD 378.4 million by 2025. This can be attributed to the use of the enzyme in the manufacture of tablets, capsules, tablets, and gelcaps. This is exemplified by high volume of sales of bromelain trypsin and rutoside tablets, which are recommended to patients with osteoarthritis. Dietary supplements, on the other hand, can attain a size of USD 425 million by 2025 due to its benefits of reducing swelling and inflammation.
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Regional Analysis
North America was the leading region in the Bromelain Market and will continue its reign over the forecast phase. This can be credited to the boom in the meat industry and high use of the enzyme as a meat tenderizing agent. Its high demand in ready-to-eat products is expected to culminate in high revenues for the market regionally.
Europe can generate revenue close to USD 343.3 million by 2025, at 4.71% CAGR over the assessment period. Focus on animal health due to the extensive demand for meats can warrant in high Bromelain Market growth. Preference of natural ingredients by pharmaceutical and cosmetic industries can work favorably for the market.
The Asia Pacific Bromelain Market can experience a swift 5.02% CAGR over the assessment period due to various bromelain manufacturing units in China, Indonesia, and Thailand. Investments in proteolytic enzyme manufacturing units can further the market growth.
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