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Bromelain Market Size

Report ID: GMI6500
Published Date: Aug 2023
Report Format: PDF

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Bromelain Market Size

Bromelain Market size was valued at around USD 25.1 million in 2022 and is estimated to register a CAGR of 7% between 2023 and 2032. Bromelain's digestive enzyme properties drive its use in dietary supplements and digestive health products, catering to consumers seeking improved digestion and nutrient absorption. Bromelain's ability to tenderize meat makes it a sought-after ingredient in the food industry, enhancing the texture and quality of meat products.

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Bromelain's anti-inflammatory properties make it valuable for products targeting inflammation-related health concerns. Consumer preference for natural and plant-derived ingredients in food, beverages, and supplements drives the demand for bromelain as an additive.

Bromelain Market Report Attributes
Report Attribute	Details
Base Year:	2022
Bromelain Market Size in 2022:	USD 25.1 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	7%
2032 Value Projection:	USD 49.2 Million
Historical Data for:	2018 to 2022
No. of Pages:	150
Tables, Charts & Figures:	190
Segments covered:	Form, Enzyme Strength, Application, Region
Growth Drivers:	Increasing dietary supplements applications Growing food industry Growing population
Pitfalls & Challenges:	Raw Material Supply Enzyme Extraction and Purification Regulatory Challenges

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Fluctuations in pineapple supply due to weather conditions, diseases, or market factors can affect bromelain production and availability. The extraction and purification of bromelain involve complex enzymatic processes, which can impact production efficiency and cost-effectiveness. Bromelain is subject to regulations governing its use in various applications, and compliance requirements can vary across regions Thus, the risks associated with Bromelain may drive down the acceptance rate, further hampering the business growth.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for bromelain was USD 25.1 million in 2022 and will reach USD 49.2 million by 2032 due to the growing demand for dietary supplements and digestive health products worldwide.

The powdered form segment in the bromelain industry recorded USD 14.8 million in 2022 and is expected to witness significant growth by 2032 impelled by its rising demand in dietary supplements, food products, and cosmetics.

North America bromelain recorded USD 6.1 million in 2022 and will witness substantial CAGR through 2032 due to the growing interest in digestive health and gut wellness among consumers in the region.

Some of the influential bromelain companies are Development Corporation, Advanced Enzymes, Biozyme Laboratories, Xena Bio Herbals, Hong Mao Biochemicals Co., Ltd., Plamed Green Science Group, and Nanning Doing-Higher Bio-Tech Co., Ltd.