Global Bromelain Market Size, Share, Growth Analysis, By Source(Stem and Fruits), By Type(1200 GDU/g, 2000 GDU/g), By Application(healthcare, Meat & Seafood) - Industry Forecast 2023-2030

Global Bromelain Market size was valued at USD 24.24 million in 2021 and is poised to grow from USD 26.4 million in 2022 to USD 45.09 million by 2030, growing at a CAGR of 7.1% in the forecast period (2023-2030).

The growing demand for bromelain in the healthcare and dietary supplement industries is expected to surge due to increased research and development (R&D) efforts. This is primarily attributed to the numerous health benefits associated with bromelain, making it a sought-after ingredient in dietary supplements and healthcare products, thus further propelling market growth.

Notably, the United States stands as one of the largest bromelain markets globally, accounting for 91.12% of North America's revenue share in 2021. This prominence is driven by the nation's developed status, leading to significant investments in R&D and product innovation by American-origin businesses.

Regarding dietary supplements, the U.S. market contributes no more than 7% of the global income. This can be attributed to the country's citizens who possess high levels of self-awareness and purchasing power, resulting in a substantial demand for dietary supplements as they prioritize maintaining excellent health. Additionally, bromelain finds usage as an anti-inflammatory agent in the healthcare industry, aiding in reducing swelling and treating certain stomach infections. Moreover, it serves as an over-the-counter burn therapy, supporting quick recovery from burns, available either as a topical cream or a nutrient supplement. Furthermore, bromelain has demonstrated benefits in managing conditions such as asthma, HIV, rheumatoid arthritis, and cancer, contributing to its widespread demand.

The appeal of enzymes, including bromelain, in the global pharmaceutical, dietary supplement, and healthcare sectors is driven by their desirable properties and proven advantages.

In the highly competitive global bromelain market, only a few dominant players hold a significant market share. Given that bromelain is derived mainly from pineapple, which thrives in tropical regions, production facilities are primarily established in tropical nations like Thailand and the Philippines to ensure optimal output, quality, and a consistent supply of raw materials. However, the research and development divisions of companies that require advanced technology are situated in developed countries such as the USA and Germany, benefiting from superior infrastructure and technological advancements, thereby supporting ongoing product enhancement endeavors.

Top-down and bottom-up approaches were used to estimate and validate the size of Bromelain and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Bromelain Market Segmental Analysis

Global Bromelain Market is segmented based on source, type, application and region. Based on source the market is segmented into stem and fruits. Based on type the market is segmented into 1200 GDU/g, 2000 GDU/g, 2500 GDU/g and others .Based on application the market is segmented into healthcare, meat & seafood, dietary supplements and others. Based on region the market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.

Analysis by Application

In 2021, the meat and seafood sectors dominated the market, accounting for 45.92% of total sales. This growth can be attributed to the increasing global consumption of these products. To enhance the appeal of meat and seafood to consumers, bromelain, a proteolytic enzyme, is employed to tenderize them. This enzyme breaks down the proteins in the meat, resulting in improved tenderness, while also aiding in the breakdown of proteins that contribute to the meat's soft texture.

Looking ahead, the dietary supplements market is projected to experience the highest Compound Annual Growth Rate (CAGR) of 7.4% between 2022 and 2030 in terms of value. This expansion is driven by a combination of increased consumer purchasing power and a growing awareness of health and wellness, particularly in developing countries. Many developing economies possess untapped potential in this market, and companies are actively promoting the benefits of bromelain to stimulate demand.

Beyond the food industry, bromelain finds applications in various other sectors. It is utilized in baking to enhance the qualities of certain types of flour, dough, and cookies, which have gained popularity among customers. The textile industry incorporates bromelain in the silk extraction process to soften cocoons effectively. Additionally, it is a key ingredient in teeth whitening products and skin lotions.

Global Bromelain Market Regional Insights

North America commanded a dominant position in the market, capturing more than 29% of the revenue share in 2021. This can be attributed to the increasing awareness of the benefits of bromelain and the thriving local market. Moreover, factors such as the rising demand in the meat and seafood industries and the health sector have further boosted the product's popularity.

Looking ahead, the Asia-Pacific Bromelain Market is projected to experience the highest Compound Annual Growth Rate (CAGR) between 2022 and 2030. The driving force behind this growth is the flourishing baking and confectionery sectors in the region, which have led to an escalated demand for bromelain in the food and beverage industry. Additionally, the utilization of bromelain in beer production and as a meat tenderizer is contributing to the expansion of the market in the area. Notably, India exhibited the most rapid growth in the Asia-Pacific region's bromelain market, while China secured the largest market share.

Global Bromelain Market Dynamics

Driver

Need for Meat Tenderizers to Bolster Market Growth

Due to its digestive and anti-inflammatory properties, bromelain is commonly utilized in dietary supplements. As consumer awareness of the advantages of natural health supplements continues to grow, the demand for bromelain is expected to increase.

Furthermore, bromelain finds application as a meat tenderizer due to its ability to break down tough meat fibers. Consequently, the demand for bromelain in this role is projected to rise, parallel to the increased demand for meat products.

Additionally, bromelain has gained popularity as a key ingredient in skincare and cosmetic products due to its proven exfoliating and anti-inflammatory effects. With the surging preference for natural and organic skincare products, the demand for bromelain is likely to surge as well.

Restraints

Limited Raw Material Supply to Hinder Market Growth

The extraction process of bromelain from pineapples might face limitations due to insufficient raw materials. Additionally, producing bromelain is both a time-consuming and costly endeavor, potentially leading to higher end product expenses, thus restricting its application in certain scenarios. Furthermore, the introduction of innovative bromelain products into the market may encounter delays caused by regulatory constraints, including the requirement for approval from regulatory authorities, which could hinder market growth.

Global Bromelain Market Competitive Landscape

The market is characterized by intense fragmentation and competitiveness, where only a few companies dominate. To strengthen their market standing, boost earnings, and achieve both innovative and sustainable growth, a handful of major global corporations actively participate in mergers and acquisitions, expanding into new regions, and continuously developing and innovating their products.

Nonetheless, the emergence of small-scale manufacturers in developing nations like China, Thailand, and India is anticipated to unlock growth opportunities for the market. Managing production levels effectively and allocating resources efficiently remains a perpetual challenge for companies due to the unpredictability of raw material prices and availability.

Top Player's Company Profiles

Enzybel International SA

Enzyme Development Corporation

Hong Mao Biochemicals Co., Ltd.

Bio-gen Extracts Pvt. Ltd.

Enzyme Solutions Inc.

BSC Chemicals GmbH

Creative Enzymes

Changsha Natureway Co., Ltd.

Nanning Pangbo Biological Engineering Co., Ltd.

Xieli Pharmaceutical Co., Ltd.

Great Food Group of Companies

Novodigm Ltd.

Xena Bio Herbals Pvt. Ltd.

GfN-Selco GmbH

Parchem fine & specialty chemicals

Nutra Green Biotechnology Co., Ltd.

JF Natural

SDS Biotech K.K.

HerbaKraft, Inc.

M/S Shree Ram Gum & Chemicals Ltd.

Recent Developments

In September 2021, Bromelain from the Amazon jungle was obtained through a collaboration between the US-based Now Foods and the Brazilian business Amazonia Bio. Bromelain is one of the natural substances that the collaboration wants to support in terms of ethical and ecological sourcing.

Global Bromelain Key Market Trends

The healthcare industry is witnessing a surge in demand for bromelain supplements, driven by the growing awareness of the benefits associated with natural and organic products. Bromelain supplements are now being utilized to address various conditions, including osteoarthritis, sinusitis, and digestive problems.

Moreover, in the food and beverage sector, bromelain finds widespread use as a meat tenderizer, taste enhancer, and clarifying agent. The Asia Pacific region, in particular, is witnessing an increasing demand for processed meat products, which further contributes to the growth of the bromelain market.

Another sector that is experiencing an upswing in bromelain usage is cosmetics, thanks to its anti-inflammatory and exfoliating properties. Skincare products incorporating bromelain are becoming more popular as they contribute to healthier skin and reduced inflammation.

Advancements in extraction technology have made large-scale bromelain extraction from pineapples easier, resulting in increased availability and production, and subsequently leading to lower prices.

Notably, the Asia Pacific region stands out as the fastest-growing market for bromelain, driven by the rising demand for processed meat products and the growing adoption of natural and organic supplements. China, India, and Thailand, being abundant in pineapples, are the leading producers of bromelain in this region.

Global Bromelain Market SkyQuest Analysis

SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

Based on our analysis, we have observed a promising trend in the Bromelain market, driven by intensified research and development efforts within the healthcare and dietary supplement sectors. The numerous health benefits associated with bromelain have led to a surge in demand for this enzyme in both dietary supplements and healthcare products, which is expected to fuel further growth in the market. In fact, the dietary supplement sector alone contributes up to 7% of the global revenue for bromelain.

This increased demand in the United States can be attributed to the population's high level of awareness about health matters and their significant purchasing power. Americans are well-informed about the importance of supplements in maintaining optimal health, which has resulted in a considerable market for bromelain as a dietary supplement. Furthermore, in the healthcare industry, bromelain finds application as an effective anti-inflammatory agent, aiding in reducing swelling and treating certain stomach infections.

Looking at the global market, the Asia Pacific region stands out as the fastest-growing hub for bromelain, driven by the rising demand for processed meat products and the growing adoption of natural and organic supplements. Countries like China, India, and Thailand, abundant in pineapple production, have emerged as leading producers of bromelain in this region.