g), By Application(healthcare, Meat & Seafood) - Industry Forecast 2024-2031

Report ID: SQMIG15E2155 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 88 | Figures: 76

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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 market is highly fragmented and competitive, with a small number of companies. In order to enhance their position, increase profits, and simultaneously find creative and sustainable growth, it has a small but significant number of large international firms engaged in mergers and acquisitions, regional expansions, and product innovations and developments. '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.'

Due to its digestive and anti-inflammatory effects, bromelain is frequently used in dietary supplements. Bromelain demand is anticipated to rise as consumer awareness of the benefits of natural health supplements increases.

The demand for bromelain supplements in the healthcare industry is rising due to a growing understanding of the advantages of natural and organic products. Among other conditions, osteoarthritis, sinusitis, and digestive problems are all addressed with bromelain supplements.

North America held a dominating position in the market, with a revenue share of more than 29% in 2021. This is linked to both the growing recognition of bromelain's benefits and the wealth of the local market. Other factors driving up demand for the product also include increasing need in the meat and seafood industries as well as the health industry.

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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 2024-2031

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