The latest report by IMARC Group, titled “Bromelain Market Report by Source (Stem, Fruit), Application (Healthcare, Food and Beverages, Cosmetics, and Others), and Region 2024-2032“, The global bromelain market size is expected to exhibit a growth rate (CAGR) of 6.3% during 2024-2032.
Bromelain is a natural enzyme found in pineapple that has various health benefits. It helps prevent blood clotting, reduces the risk of cardiovascular diseases, interferes with tumor cells, and aids in reducing inflammation and pain. It also promotes wound healing and is used as an alternative to NSAIDs. Additionally, bromelain can alleviate swelling, congestion, joint stiffness, and treat inflammatory bowel disorders. Due to its many advantages, bromelain is widely used in healthcare, cosmetics, and the food and beverage industries worldwide.
Bromelain Market Trends and Drivers:
The market is experiencing significant growth, largely due to the rapid expansion of the healthcare sector. The increasing prevalence of diseases such as cancer, asthma, rheumatoid arthritis, and cardiovascular conditions is also fueling market growth. The pharmaceutical industry's growing demand for bromelain, driven by its anti-inflammatory and pain-relieving properties, is another key factor contributing to supplement, bromelain is commonly used to reduce post-operative as alleviate symptoms of osteoarthritis, diarrhea, and diabetes. Additionally, its ability to enhance drug absorption has made it a popular choice among patients. Furthermore, athletes are increasingly turning to bromelain to manage inflammation caused by injuries, while its use in treating chronic inflammatory, malignant, and autoimmune conditions is also on the rise. The growing need for bromelain as an oral enzyme therapy for oncology patients, which can be absorbed by the intestines without losing its potency, is another driving force behind the market's growth. The growing need for tenderized meat in the food and beverage industry, particularly seafood sector, is driving up demand for the enzyme bromelain, thereby market expansion. The bromelain market is experiencing varied growth rates globally, with North America emerging as a major market due to increasing demand in the healthcare sector, rising consumer spending power, and growing awareness of the benefits of bromelain. However, the industry is poised to face intense competition in the coming years as key players adopt aggressive strategies to maintain their market presence. For example, Advanced Enzymes Technologies Limited strengthened its research and development capabilities and expanded its product portfolio by acquiring a 100% stake in Germany-based evoxx technologies GmbH in 2017.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/bromelain-market/requestsample
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Source:
- Stem
- Fruit
Breakup by Application:
- Healthcare
- Food and Beverages
- Cosmetics
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Advanced Enzyme Technologies Limited
- Bio-gen Extracts Private Limited.
- Changsha Natureway Co. Ltd.
- Creative Enzymes
- Enzybel International (Floridienne S.A.)
- Enzyme Development Corporation
- Enzyme Technologies (PTY) Ltd.
- Guangxi Nanning Javely Biological Products Co. Ltd.
- Hong Mao Biochemicals Co. Ltd.
- Mitushi Biopharma
- Xena Bio Herbals Pvt. Ltd.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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