Bromelain Market Size Analysis | Industry & Trends 2030
[Research Report] The bromelain market size is projected to surge from US$ 45.66 million in 2022 to US$ 75.24 million by 2030. The market is expected to record a CAGR of 6.4% from 2022 to 2030.
Market Insights and Analyst View:
Bromelain is a proteolytic enzyme obtained from pineapples. Pineapple stems and fruits are the major sources of bromelain extracted commercially. The enzyme has multiple applications in the food & beverages, pharmaceuticals & nutraceuticals, personal care, leather tanning, textile, animal feed, and detergents industries. It is used for the tenderization of meat and curdling of cheese. It is also used as a clarifying agent in alcohol and an anti-browning agent in fruit juices. In pharmaceuticals and nutraceuticals, bromelain is used for its anti-inflammatory, therapeutic, and anti-cancer properties. In cosmetics and personal care products, it is used due to its ability to treat skin-related issues and facilitate dental bleaching. Thus, the rising number of applications of bromelain in various end-use industries is driving the market growth.
Growth Drivers and Challenges:
Consumers are increasingly seeking products with natural additives and clean-label ingredients. They are inclined toward consuming safer products that help them maintain overall health. Bromelain, a natural enzyme derived from the pineapple plant, is preferred as a natural additive over synthetic additives in various industries. The growing interest in chemical-free products boosts the demand for natural additives such as bromelain in industries such as pharmaceutical and nutraceuticals, food & beverages, and cosmetics. In 2006, the US Food and Drug Administration (FDA) categorized bromelain as a food additive and a Generally Recognized as Safe (GRAS) substance. In addition to its medical applications, bromelain has been in use for tenderizing meat, clarifying beer, solubilizing grain proteins, and baking cookies. In fresh apple juice, bromelain is used as an enzymatic browning inhibitor. The growing focus on maintaining optimum digestive and gut health boosts the demand for bromelain in dietary supplement manufacturing. Bromelain is a natural enzyme that exhibits remarkable exfoliating properties. Consumers are increasingly opting for healthier ways to make their skin glow. Bromelain is one of the beneficial beauty ingredients promoting healthy skin and, thus, is commonly employed in the cosmetic industry. However, higher costs associated with different production stages ultimately trigger the overall prices of the finished product, which hinders the bromelain market growth.
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Bromelain Market: Strategic Insights
Market Size Value in US$ 45.66 million in 2022 Market Size Value by US$ 75.24 million by 2030 Growth rate CAGR of 6.4% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Bromelain Market: Strategic Insights
Market Size Value in | US$ 45.66 million in 2022 |
Market Size Value by | US$ 75.24 million by 2030 |
Growth rate | CAGR of 6.4% from 2022 to 2030 |
Forecast Period | 2022-2030 |
Base Year | 2022 |
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Speak to AnalystReport Segmentation and Scope:
The global bromelain market is segmented on the basis of source, application, and geography. The bromelain market, by type, is bifurcated into stem and fruit. Based on application, the market is fragmented into food & beverages, personal care, pharmaceuticals & nutraceuticals, and others. The bromelain market, based on geography, is segmented into North America (US, Canada, and Mexico), Europe (Germany, France, Italy, UK, Russia, and Rest of Europe), Asia Pacific (Australia, China, Japan, India, South Korea, and Rest of Asia Pacific), the Middle East & Africa (South Africa, Saudi Arabia, UAE, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America).
Segmental Analysis:
Based on source, the bromelain market is segmented into stem and fruit. The stem segment holds a significant share of the market. A majority of commercial bromelain is extracted from pineapple stems as it is a cheaper source, being a non-edible part of the fruit. Stem bromelain has received the generally regarded as safe (GRAS) status in the US, and it is widely accepted as a therapeutic agent and food additive. It is used to treat bronchitis, wounds, surgical trauma, and inflammation. In the food industry, this enzyme is used to tenderize meat, clarify alcohol, and improve bakery dough characteristics. In cosmetics and skin care products, stem bromelain is incorporated for its healing capabilities. These factors are expected to drive the segments growth in the forecast period.
Regional Analysis:
Based on geography, the bromelain Market is divided into five key regions: North America, Europe, Asia Pacific, South & Central America, and the Middle East & Africa. North America dominated the global bromelain market; the market in this region was valued at US$ 15,880 million in 2022. Europe is expected to register a CAGR of 7.4% in the bromelain Market during the forecast period. The market growth in Europe is ascribed to the increasing acceptance of bromelain in cosmetics, dietary supplements, and other applications. In the bakery industry, bromelain is used as a dough improver and flavor enhancer. According to the UK Federation of Bakers Ltd, the bakery industry is one of the largest contributors to the food & beverages sector. Bromelain is extensively used as a health supplement in Germany and other Western European countries. It is also used in products used for treating basal and sinus inflammation and swelling after an injury or surgery. These factors are anticipated to propel the bromelain market growth in the region.
Asia Pacific accounts for the second-largest share of the bromelain market, accounting for nearly 30% market share. Bromelain is produced mainly in parts of the world where pineapples are grown. Asia Pacific is the largest producer of pineapple globally, which is mainly attributed to optimum land availability and favorable temperature conditions; thus, major manufacturing units of bromelain are present in the region. The enzyme is gaining popularity as a nutricosmetic component in Asia Pacific. As a result, bromelain-enriched face masks and other cosmetic products are becoming a skincare trend, which further benefits the bromelain market in this region.
Industry Developments and Future Opportunities:
Various initiatives taken by key players operating in the bromelain market are listed below:
- In August 2021, ENZYBEL GROUP, a Belgium-based company, launched bromelain K, a new product developed specifically for applications such as meat tenderization, protein hydrolyzation, and flavor enhancement in the food & beverages sector.
COVID-19 Impact:
The COVID-19 pandemic affected almost all industries in various countries. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America (SAM), and the Middle East & Africa (MEA) hampered the growth of several industries, including the food & beverage, personal care, and textile industries. The shutdown of manufacturing units disturbed global supply chains, production activities, delivery schedules, and essential and nonessential product sales. Various companies witnessed delays in product deliveries and a slump in sales of their products in 2020, which hampered the bromelain market. The shortage of workforce and limited supply of raw materials also led to a halt in operations and processes across the globe during the COVID-19 pandemic. These factors negatively impacted the market growth in the pandemic.
On the other hand, with a shift in consumers' focus toward reinforcing their immune systems and wellness during this health crisis, the demand for bromelain as a functional ingredient in nutraceuticals has increased in the last few years. In 2021, various economies resumed operations as several governments revoked the previously imposed restrictions, which positively impacted the global marketplace. Moreover, manufacturers were permitted to operate at full capacities, which helped them overcome the demand and supply gaps.
Bromelain Market Report Scope
Competitive Landscape and Key Companies:
A few of the prominent players operating in the global bromelain market are Hong Mao Biochemicals Co Ltd, Enzybel International SA, Enzyme Technologies (Pty) Ltd, Guangxi Nanning Javely Biological Products Co Ltd, Creative Enzymes, Medikonda Nutrients, Changsha Natureway Co Ltd, Antozyme Biotech Pvt Ltd, Challenge Bioproducts Co Ltd, and Great Food (Biochem) Co Ltd. These market players adopt strategic development initiatives to expand, further driving the bromelain market growth.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Source, Application, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Broad application scope in the food industry and increasing applications in pharmaceutical & nutraceutical industry are the two key factors driving the market growth.
Europe is estimated to register the fastest CAGR in the global bromelain market over the forecast period. The rising demand for plant-derived enzymes across the food & beverages industry in the region is significantly driving the bromelain market growth.
Based on application, the personal care segment is estimated to register the fastest CAGR in the global bromelain market over the forecast period. Benefits of bromelain in skin care is driving its demand across the personal care industry.
Hong Mao Biochemicals Co Ltd, Enzybel International SA, Enzyme Technologies (Pty) Ltd, Guangxi Nanning Javely Biological Products Co Ltd, Creative Enzymes, Medikonda Nutrients, Changsha Natureway Co Ltd, Antozyme Biotech Pvt Ltd, Challenge Bioproducts Co Ltd, and Great Food (Biochem) Co Ltd are a few players operating in the global bromelain market.
Based on source, the stem segment held the largest share in the global bromelain market in 2022. A majority of commercial bromelain is extracted from pineapple stems as it is a cheaper source, being a non-edible part of the fruit. This factor drives the segment’s growth.
Ans. In 2022, North America held the largest share of the global bromelain market. Bromelain is popular as a meat tenderizing agent in the food & beverages industry across North America. The increasing popularity of meat-based snacks among millennials is likely to favor the bromelain market growth in the region during the forecast period.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Bromelain Market Landscape
4.1 Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturing Process
4.3.3 Distributors or Suppliers
4.3.4 End-Use Industries
4.4 List of Vendors
5. Bromelain Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Broad Application Scope in the Food Industry
5.1.2 Increasing Applications in Pharmaceutical & Nutraceutical Industry
5.2 Market Restraints
5.2.1 High Production Cost
5.3 Market Opportunities
5.3.1 Rising Preference for Natural Plant-Based Ingredients
5.4 Future Trends
5.4.1 Consumers Inclination Toward Skin Health
5.5 Impact Analysis of Drivers and Restraints
6. Bromelain Market - Global Market Analysis
6.1 Bromelain Market Revenue (US$ Thousand)
6.2 Bromelain Market Forecast and Analysis
7. Global Bromelain Market Analysis – Source
7.1 Stem
7.1.1 Overview
7.1.2 Stem Market Revenue and Forecast to 2030 (US$ Thousand)
7.2 Fruit
7.2.1 Overview
7.2.2 Fruit Market Revenue and Forecast to 2030 (US$ Thousand)
8. Global Bromelain Market Analysis – Application
8.1 Food & Beverages
8.1.1 Overview
8.1.2 Food & Beverages Market Revenue, and Forecast to 2030 (US$ Thousand)
8.2 Pharmaceuticals & Nutraceuticals
8.2.1 Overview
8.2.2 Pharmaceuticals & Nutraceuticals Market Revenue, and Forecast to 2030 (US$ Thousand)
8.3 Personal Care
8.3.1 Overview
8.3.2 Personal Care Market Revenue, and Forecast to 2030 (US$ Thousand)
8.4 Others
8.4.1 Overview
8.4.2 Others Market Revenue, and Forecast to 2030 (US$ Thousand)
9. Bromelain Market - Geographical Analysis
9.1 North America
9.1.1 North America Bromelain Market Overview
9.1.2 North America Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.1.3 North America Bromelain Market Breakdown by Source
9.1.3.1 North America Bromelain Market Revenue and Forecasts and Analysis - By Source
9.1.4 North America Bromelain Market Breakdown by Application
9.1.4.1 North America Bromelain Market Revenue and Forecasts and Analysis - By Application
9.1.5 North America Bromelain Market Revenue and Forecasts and Analysis - By Countries
9.1.5.1 North America Bromelain Market Breakdown by Country
9.1.5.2 US Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.1.5.2.1 US Bromelain Market Breakdown by Source
9.1.5.2.2 US Bromelain Market Breakdown by Application
9.1.5.3 Canada Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.1.5.3.1 Canada Bromelain Market Breakdown by Source
9.1.5.3.2 Canada Bromelain Market Breakdown by Application
9.1.5.4 Mexico Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.1.5.4.1 Mexico Bromelain Market Breakdown by Source
9.1.5.4.2 Mexico Bromelain Market Breakdown by Application
9.2 Europe
9.2.1 Europe Bromelain Market Overview
9.2.2 Europe Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.2.3 Europe Bromelain Market Breakdown by Source
9.2.3.1 Europe Bromelain Market Revenue and Forecasts and Analysis - By Source
9.2.4 Europe Bromelain Market Breakdown by Application
9.2.4.1 Europe Bromelain Market Revenue and Forecasts and Analysis - By Application
9.2.5 Europe Bromelain Market Revenue and Forecasts and Analysis - By Countries
9.2.5.1 Europe Bromelain Market Breakdown by Country
9.2.5.2 Germany Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.2.5.2.1 Germany Bromelain Market Breakdown by Source
9.2.5.2.2 Germany Bromelain Market Breakdown by Application
9.2.5.3 France Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.2.5.3.1 France Bromelain Market Breakdown by Source
9.2.5.3.2 France Bromelain Market Breakdown by Application
9.2.5.4 Italy Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.2.5.4.1 Italy Bromelain Market Breakdown by Source
9.2.5.4.2 Italy Bromelain Market Breakdown by Application
9.2.5.5 UK Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.2.5.5.1 UK Bromelain Market Breakdown by Source
9.2.5.5.2 UK Bromelain Market Breakdown by Application
9.2.5.6 Russia Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.2.5.6.1 Russia Bromelain Market Breakdown by Source
9.2.5.6.2 Russia Bromelain Market Breakdown by Application
9.2.5.7 Rest of Europe Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.2.5.7.1 Rest of Europe Bromelain Market Breakdown by Source
9.2.5.7.2 Rest of Europe Bromelain Market Breakdown by Application
9.3 Asia Pacific Bromelain Market
9.3.1 Overview
9.3.2 Asia Pacific Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
9.3.3 Asia Pacific Bromelain Market Breakdown by Source
9.3.3.1 Asia Pacific Bromelain Market Revenue and Forecasts and Analysis - By Source
9.3.4 Asia Pacific Bromelain Market Breakdown by Application
9.3.4.1 Asia Pacific Bromelain Market Revenue and Forecasts and Analysis - By Application
9.3.5 Asia Pacific Bromelain Market Breakdown by Country
9.3.5.1 Asia Pacific Bromelain Market Breakdown by Country
9.3.5.2 China Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
9.3.5.2.1 China Bromelain Market Breakdown by Source
9.3.5.2.2 China Bromelain Market Breakdown by Application
9.3.5.3 Japan Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
9.3.5.3.1 Japan Bromelain Market Breakdown by Source
9.3.5.3.2 Japan Bromelain Market Breakdown by Application
9.3.5.4 India Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
9.3.5.4.1 India Bromelain Market Breakdown by Source
9.3.5.4.2 India Bromelain Market Breakdown by Application
9.3.5.5 Australia Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
9.3.5.5.1 Australia Bromelain Market Breakdown by Source
9.3.5.5.2 Australia Bromelain Market Breakdown by Application
9.3.5.6 South Korea Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
9.3.5.6.1 South Korea Bromelain Market Breakdown by Source
9.3.5.6.2 South Korea Bromelain Market Breakdown by Application
9.3.5.7 Rest of Asia Pacific Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
9.3.5.7.1 Rest of Asia Pacific Bromelain Market Breakdown by Source
9.3.5.7.2 Rest of Asia Pacific Bromelain Market Breakdown by Application
9.4 South & Central America
9.4.1 South & Central America Bromelain Market Overview
9.4.2 South & Central America Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.4.3 South & Central America Bromelain Market Breakdown by Source
9.4.3.1 South & Central America Bromelain Market Revenue and Forecasts and Analysis - By Source
9.4.4 South & Central America Bromelain Market Breakdown by Application
9.4.4.1 South & Central America Bromelain Market Revenue and Forecasts and Analysis - By Application
9.4.5 South & Central America Bromelain Market Revenue and Forecasts and Analysis - By Countries
9.4.5.1 South & Central Bromelain Market Breakdown by Country
9.4.5.2 Brazil Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.4.5.2.1 Brazil Bromelain Market Breakdown by Source
9.4.5.2.2 Brazil Bromelain Market Breakdown by Application
9.4.5.3 Argentina Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.4.5.3.1 Argentina Bromelain Market Breakdown by Source
9.4.5.3.2 Argentina Bromelain Market Breakdown by Application
9.4.5.4 Rest of South & Central America Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.4.5.4.1 Rest of South & Central America Bromelain Market Breakdown by Source
9.4.5.4.2 Rest of South & Central America Bromelain Market Breakdown by Application
9.5 Middle East & Africa
9.5.1 Middle East & Africa Bromelain Market Overview
9.5.2 Middle East & Africa Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.5.3 Middle East & Africa Bromelain Market Breakdown by Source
9.5.3.1 Middle East & Africa Bromelain Market and Forecasts and Analysis - By Source
9.5.4 Middle East & Africa Bromelain Market Breakdown by Application
9.5.4.1 Middle East & Africa Bromelain Market and Forecasts and Analysis - By Application
9.5.5 Middle East & Africa Bromelain Market Revenue and Forecasts and Analysis - By Countries
9.5.5.1 Middle East & Africa Bromelain Market Breakdown by Country
9.5.5.2 South Africa Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.5.5.2.1 South Africa Bromelain Market Breakdown by Source
9.5.5.2.2 South Africa Bromelain Market Breakdown by Application
9.5.5.3 Saudi Arabia Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.5.5.3.1 Saudi Arabia Bromelain Market Breakdown by Source
9.5.5.3.2 Saudi Arabia Bromelain Market Breakdown by Application
9.5.5.4 UAE Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.5.5.4.1 UAE Bromelain Market Breakdown by Source
9.5.5.4.2 UAE Bromelain Market Breakdown by Application
9.5.5.5 Rest of Middle East & Africa Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.5.5.5.1 Rest of Middle East & Africa Bromelain Market Breakdown by Source
9.5.5.5.2 Rest of Middle East & Africa Bromelain Market Breakdown by Application
10. Competitive Landscape
10.1 Heat Map Analysis
10.2 Company Positioning & Concentration
11. Impact of COVID-19 Pandemic on Global Bromelain Market
11.1 Pre & Post COVID-19 Impact on Bromelain Market
12. Company Profiles
12.1 Hong Mao Biochemicals Co Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Enzybel International SA
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Enzyme Technologies (Pty) Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Guangxi Nanning Javely Biological Products Co Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Creative Enzymes
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Medikonda Nutrients
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Changsha Natureway Co Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Antozyme Biotech Pvt Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Challenge Bioproducts Co Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Great Food (Biochem) Co Ltd
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
List of Tables
Table 1. Bromelain Market Segmentation
Table 2. List of Raw Material Suppliers in Value Chain
Table 3. List of Manufacturers in Value Chain
Table 4. List of Potential Buyers
Table 5. Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Table 6. Global Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – Source
Table 7. Global Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – Application
Table 8. North America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 9. North America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 10. US Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 11. US Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 12. Canada Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 13. Canada Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 14. Mexico Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 15. Mexico Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 16. Europe Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 17. Europe Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 18. Germany Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 19. Germany Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 20. France Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 21. France Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 22. Italy Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 23. Italy Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 24. UK Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 25. UK Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 26. Russia Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 27. Russia Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 28. Rest of Europe Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 29. Rest of Europe Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 30. Asia Pacific Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – by Source
Table 31. Asia Pacific Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – Application
Table 32. China Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – by Source
Table 33. Japan Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – Source
Table 34. Japan Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – Application
Table 35. India Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – Source
Table 36. India Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – Application
Table 37. Australia Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – Source
Table 38. Australia Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – Application
Table 39. South Korea Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – by Source
Table 40. South Korea Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – Application
Table 41. Rest of Asia Pacific Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – Source
Table 42. Rest of Asia Pacific Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – Application
Table 43. South & Central America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 44. South & Central America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 45. Brazil Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 46. Brazil Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 47. Argentina Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 48. Argentina Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 49. Rest of South & Central America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 50. Rest of South & Central America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 51. Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 52. Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 53. South Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 54. South Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 55. Saudi Arabia Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 56. Saudi Arabia Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 57. UAE Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 58. UAE Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 59. Rest of Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 60. Rest of Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 61. Heat Map Analysis
List of Figures
Figure 1. Bromelain Market Segmentation, By Geography
Figure 2. Porter's Five Forces Analysis: Bromelain Market
Figure 3. Ecosystem: Bromelain Market
Figure 4. Bromelain Market - Key Industry Dynamics
Figure 5. Bromelain Market Impact Analysis of Drivers and Restraints
Figure 6. Bromelain Market Revenue (US$ Thousand), 2020 – 2030
Figure 7. Global Bromelain Market Share (%) – Source, 2022 and 2030
Figure 8. Stem Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 9. Fruit Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 10. Global Bromelain Market Share (%) –Application, 2022 and 2030
Figure 11. Food & Beverages Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 12. Pharmaceuticals & Nutraceuticals Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 13. Personal Care Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 14. Others Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 15. Bromelain Market Breakdown by Geography, 2022 and 2030 (US$ Thousand)
Figure 16. North America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 17. North America Bromelain Market Breakdown by Source (2022 and 2030)
Figure 18. North America Bromelain Market Breakdown by Application (2022 and 2030)
Figure 19. North America Bromelain Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 20. US Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 21. Canada Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 22. Mexico Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 23. Europe Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 24. Europe Bromelain Market Breakdown by Source (2022 and 2030)
Figure 25. Europe Bromelain Market Breakdown by Application (2022 and 2030)
Figure 26. Europe Bromelain Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 27. Germany Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 28. France Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 29. Italy Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 30. UK Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 31. Russia Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 32. Rest of Europe Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 33. Asia Pacific Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 34. Asia Pacific Bromelain Market Breakdown by Source (2022 and 2030)
Figure 35. Asia Pacific Bromelain Market Breakdown by Application (2022 and 2030)
Figure 36. Asia Pacific Bromelain Market Breakdown by Key Countries, 2022 And 2030 (%)
Figure 37. China Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 38. Japan Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 39. India Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 40. Australia Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 41. South Korea Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 42. Rest of Asia Pacific Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 43. South & Central America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 44. South & Central America Bromelain Market Breakdown by Source (2022 and 2030)
Figure 45. South & Central America Bromelain Market Breakdown by Application (2022 and 2030)
Figure 46. South & Central Bromelain Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 47. Brazil Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 48. Argentina Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 49. Rest of South & Central America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 50. Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 51. Middle East & Africa Bromelain Market Breakdown by Source (2022 and 2030)
Figure 52. Middle East & Africa Bromelain Market Breakdown by Application (2022 and 2030)
Figure 53. Middle East & Africa Bromelain Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 54. South Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 55. Saudi Arabia Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 56. UAE Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 57. Rest of Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 58. Company Positioning & Concentration
The List of Companies - Bromelain Market
- Hong Mao Biochemicals Co Ltd
- Enzybel International SA
- Enzyme Technologies (Pty) Ltd
- Guangxi Nanning Javely Biological Products Co Ltd
- Creative Enzymes
- Medikonda Nutrients
- Changsha Natureway Co Ltd
- Antozyme Biotech Pvt Ltd
- Challenge Bioproducts Co Ltd
- Great Food (Biochem) Co Ltd
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.