The global bromelain market is expected to exhibit a growth rate (CAGR) of 7% during 2023-2028.
Bromelain is a protease or protein-digesting enzyme derived from the fruit and stem of the pineapple plant. It is an inhibitor of blood platelet aggregation, which minimizes the risk of arterial thrombosis and embolism and consequently finds extensive utilization in the treatment of cardiovascular diseases (CVDs). It is also an effective fibrinolytic agent as it stimulates the conversion of plasminogen to plasmin and increases fibrinolysis. Moreover, it is gaining traction as an alternative treatment to nonsteroidal anti-inflammatory drugs (NSAIDs) in homeopathy. Besides this, topical bromelain administration as a cream is considered beneficial for burns debridement.
The market growth can be primarily accredited to the extensive applications of bromelain in the healthcare and pharmaceutical industries worldwide. It is utilized as a dietary supplement for reducing pain, swelling and bruising after surgery. It is also helpful in relieving certain symptoms of osteoarthritis, diarrhea and diabetes, and enhancing absorption of drugs like antibiotics. Moreover, the growing prevalence of CVDs is fueling the market growth. Apart from this, bromelain is utilized by sports professionals to treat acute inflammation in case of injuries. It further finds application in treating chronic inflammatory, malignant and autoimmune diseases. Additionally, as it can be absorbed in the intestines without degrading and losing biological activity, it is gaining traction in the development of oral enzyme therapies for oncology patients. This, along with the expanding usage of bromelain as a meat tenderizer in the food and beverage (F&B) industry, is anticipated to positively influence the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global bromelain market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on source and application.
Breakup by Source:
Breakup by Application:
Food and Beverages
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and Xena Bio Herbals Pvt. Ltd.
Base Year of the Analysis
Source, Application, Region
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
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 and Xena Bio Herbals Pvt. Ltd
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Key Questions Answered in This Report
We expect the global bromelain market to exhibit a CAGR of 7% during 2023-2028.
The rising demand for bromelain in relieving certain symptoms of osteoarthritis, diarrhea, diabetes, etc., and enhancing drug absorption capacities, is primarily driving the global bromelain market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of bromelain.
Based on the source, the global bromelain market has been segmented into stem and fruit. Currently, stem holds the majority of the total market share.
Based on the application, the global bromelain market can be divided into healthcare, food and beverages, cosmetics, and others. Among these, food and beverages exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global bromelain market include 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, and Xena Bio Herbals Pvt. Ltd.
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