Global Bromelain Market Outlook, Recent Developments and Market Forecast 2023 - 2030


Posted May 12, 2023 by Sailesh007

Global Bromelain market is estimated to grow at a CAGR of 7% during the forecast period 2023 - 2030.

 
Bromelain Market Outlook
Bromelain is a type of proteolytic enzyme that is derived from the stem and fruit of pineapple plants. It is widely used as a natural remedy for various health issues, including inflammation, allergies, and digestive problems. Bromelain also consists of chemicals that impede the growth of tumor cells and slow blood clotting.

The bromelain market has been growing steadily in recent years due to the increasing demand for natural and organic products in various industries such as food, cosmetics, and pharmaceuticals. Bromelain is known to have anti-inflammatory properties that can help reduce pain and swelling in the body. It is also believed to aid in digestion and improve the immune system. As a result, bromelain is used in various dietary supplements, protein powders, and other health and wellness products.

Asia Pacific region holds a dominant position in the bromelain market due to the increasing application of bromelain in the region and the easy availability of ingredients due to extensive pineapple cultivation. North America holds the second leading position in this market.

In recent years, there have been several developments in the bromelain market. One of the most significant is the increasing use of bromelain in the pharmaceutical industry. Bromelain is being studied for its potential use in cancer treatment, as it has been shown to have anti-cancer properties. It is also being investigated as a potential treatment for other conditions such as osteoarthritis, asthma, and sinusitis.

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Recent Developments in the Bromelain Market:
Key players in the bromelain market include Enzybel International S.A, Nanning Pangbo Bioengineering Co. Ltd., Enzyme Technology Ltd., Hong Mao Biochemicals Co. Ltd., Creative Enzymes, Challenge Bioproducts Co. Ltd., The Food State Company, Advanced Enzyme Technologies Limited, Bio-gen Extracts Private Limited. These players are focusing on adopting various growth strategies such as product launches, mergers & acquisitions, and expansion. Some of them are:

1. Enzybel International S.A. announced the expansion of its production capacity of bromelain enzymes in 2022 to meet the increasing demand from the food and beverage, dietary supplements, and pharmaceutical industries.

2. Nanning Pangbo Bioengineering Co. Ltd. launched a new product in 2022 called ‘Pangbo Bromelain’, which is a highly purified bromelain enzyme that is suitable for use in food and beverage products as well as in dietary supplements.

3. Enzyme Technology Ltd. introduced a new line of bromelain enzymes in 2022 that are specifically designed for use in cosmetic and personal care products. These enzymes are claimed to have anti-inflammatory and skin-smoothing properties.

4. Hong Mao Biochemicals Co. Ltd. announced the development of a new process for the extraction of bromelain enzymes from pineapple waste in 2022. This new process is claimed to be more efficient and cost-effective compared to traditional extraction methods.
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Tags bromelain market outlook , bromelain market recent developments , bromelain market companies , bromelain market growth , bromelain market application
Last Updated May 12, 2023