The bromelain market is anticipated to expand from US$ 45.66 million in 2022 to US$ 75.24 million by 2030, reflecting a compound annual growth rate (CAGR) of 6.4% during this period.
Bromelain is utilized across a variety of sectors including food and beverages, pharmaceuticals and nutraceuticals, personal care, leather tanning, textiles, animal feed, and detergents. Its applications range from tenderizing meat and curdling cheese to serving as a dehazing agent in alcoholic beverages and an anti-browning agent in fruit juices. In the pharmaceutical and nutraceutical fields, bromelain is recognized for its anti-inflammatory, therapeutic, and anti-cancer properties. Additionally, in the cosmetics and personal care industry, it is employed to address skin issues and assist in dental whitening. Consequently, the increasing range of bromelain applications across diverse industries is propelling market growth.
There is a growing consumer preference for products that contain natural additives and clean-label ingredients. As a natural enzyme sourced from the pineapple plant, bromelain is favored over synthetic alternatives in various sectors. Consumers are increasingly inclined towards products that are perceived as safer and beneficial for overall health. This rising interest in chemical-free options is driving the demand for natural additives like bromelain in industries such as pharmaceuticals, nutraceuticals, food and beverages, and cosmetics. Furthermore, factors such as environmental sustainability, cost-effectiveness, and considerations related to animal welfare, religious beliefs, and ethical standards are contributing to the increasing popularity of bromelain. In certain regions, the use of enzymes produced through recombinant technology is restricted in the food sector, and issues surrounding animal-derived proteases or microbial fermentation (such as Halal compliance) can be circumvented by opting for plant-based ingredients. Therefore, the growing inclination towards natural, plant-derived components is expected to create significant opportunities for growth in the bromelain market throughout the forecast period.
The bromelain market is categorized based on its source into two segments: stem and fruit. The fruit segment is projected to experience the highest CAGR. A significant portion of the pineapple fruit is either consumed directly or utilized as an ingredient in various food industry sectors, including bakery, confectionery, dairy and non-dairy products, ice creams, yogurts, and beverages. Additionally, pineapple juice, extracts, and powders find applications in personal care products and nutraceuticals, further driving the growth of this segment.
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Regionally, the bromelain market is divided into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. In 2022, North America dominated the bromelain market, while Europe is projected to exhibit the highest CAGR during the forecast period. The growth in Europe can be attributed to the increasing acceptance of bromelain in cosmetics, dietary supplements, and various other applications. Manufacturers of bromelain are innovating new products to meet the rising demand from the food and beverage sector. For example, in August 2021, ENZYBEL GROUP, a company based in Belgium, introduced a new bromelain product named bromelain K, specifically designed for applications in food and beverages such as meat tenderization, protein hydrolysis, and flavor enhancement. Bromelain is widely used as a health supplement in Germany and other Western European nations, and it is also employed in the treatment of inflammation and swelling in the nasal and sinus areas following injuries or surgical procedures. These factors are expected to enhance the demand for bromelain and contribute to the market's growth in the region.
Key players in the bromelain market include Hong Mao Biochemicals Co Ltd, Enzybel International SA, Enzyme Technologies (Pty) Ltd, Guangxi Nanning Javely Biological Products Co Ltd, Creative Enzymes, Medikonda Nutrients, Changsha Natureway Co Ltd, Antozyme Biotech Pvt Ltd, Challenge Bioproducts Co Ltd, and Great Food (Biochem) Co Ltd. These companies provide a diverse array of products within the bromelain market. The substantial presence of these firms globally is likely to offer them opportunities for growth, enabling them to cater to a broad customer base and enhance their market share. These market participants are heavily focused on product innovation to better serve their clientele.
The overall size of the bromelain market has been determined through a combination of primary and secondary research methods. The research process commenced with extensive secondary research utilizing both internal and external sources to gather qualitative and quantitative data related to the market. Additionally, numerous primary interviews were conducted with industry stakeholders to validate the information and gain deeper analytical insights. Participants in this process included industry experts such as vice presidents, business development managers, market intelligence managers, national sales managers, and external consultants, including valuation experts, research analysts, and key opinion leaders specializing in the bromelain market.