Global Bromelain Market - 2021-2028
Bromelain is an enzyme extract derived mainly from the stems of pineapples, even if it exists in all parts of the fresh pineapple. The extract has a traditional history of folk medicine use. As a natural ingredient, it is used in cosmetics, as a topical medication, and as a meat tenderizer. The use of bromelain causes the body to produce substances that fight pain and swelling. Bromelain also consists of chemicals that impede the growth of tumor cells and slow blood clotting. Produced mainly in parts of the globe where pineapples are cultivated, such as Thailand or Malaysia. Bromelain is derived from the peel, stem, leaves or waste of the pineapple plant after removing the fruit. The starting material is then mixed together and pressed through a filter to get a supernatant liquid containing the soluble bromelain enzyme. Further processing involves purification and concentration of the enzyme. The global bromelain market valued USD XX million in 2020 and is estimated to reach USD XX million by 2028, growing at a CAGR of XX%
Increasing application of bromelain in various industrial applications and possible therapeutic, as well as medical applications, is driving the market growth of the global bromelain market. Due to its properties, bromelain has been exploited commercially in many applications in the food, beverage, tenderization, cosmetic, pharmaceutical, and textile sectors. At present, researchers globally have been directing their interest to purification methods by applying conventional and modern approaches, such as manipulating the pH, affinity, hydrophobicity, and temperature conditions according to the unique properties of bromelain. Increasing research & development activities regarding its therapeutic properties are expected to create more opportunities for this market. Currently, bromelain has been recognized globally as a safe and successful type of therapeutic agent and is being used by individuals for a number of ailments, such as bronchitis, sinusitis, arthritis and inflammation. It is mainly used as a meat tenderizer Along with papain. Bromelain is produced in a powdered form, which is mixed with a marinade or directly sprinkled on the uncooked meat. In the bio-chemicals sector, bromelain is used in the production of cheese, gelatin, and hydrolyzed proteins. Additionally, in the food industry, bromelain is also used as a food additive to clarify beer. Bromelain is harmless to normal tissues and does not affect skin grafting, so it is suitable for the treatment of small areas of deep burns. In terms of medical use, it is available in tablet or capsule form for use by mouth. A topical form is sometimes used by doctors to treat severe burns.
However, an overdose of bromelain can have side effects on human health such as vomiting, heavy menstrual bleeding, headache and nausea which is estimated to hinder the market growth.
In terms of type, the global bromelain market is dominated by stem bromelain with market share of XX% in 2020. Stem is the most commonly used raw material for the extraction of bromelain, as fruits are mainly used by beverage and food processing industry. Fruit bromelain and stem bromelainare extracted differently and they contain different enzymatic composition.
On the basis of application, global bromelain market is dominated by food & beverages industry with market share of XX% in 2020. Food industry is the main end-user of bromelain, as it is a popular meat tenderizer. Increasing application of bromelain in the bakery, meat, and brewing industry is expected to strengthen the market growth of the food & beverage segment.
Asia-Pacific is dominating the global bromelain market with market share of XX% in 2020, due to the presence of a number of companies, easy availability of ingredients due to extensive pineapple cultivation and growing application of bromelain in this region. Other than the food industry, continuous product and technological innovation in the textile industry in the Asia-Pacific region is resulting in a speedy increase in the demand for enzymes such as bromelain. North America is the second-largest market for bromelain, with nearly XX% of the global sales revenue in 2020. The meat industry in North America is on an increased growth line, due to the increasing consumption of meat products by the population. For instance, according to an analysis done by John Dunham & Associates in 2016, the U.S. meat and poultry industry account for USD 1.02 trillion in total economic output or about 5.6% of gross domestic product (GDP). As bromelain being the most sought-after meat tenderizing agent is popular in the food & beverage industry across North America. There is growing adoption of bromelain in teeth whitening products in this region. Oral care product companies are now including bromelain-added products in their products. In case of Europe, the bromelain market is expected to grow with high CAGR of XX% in the forecast period. Bromelain is extensively used as a health supplement in Germany and other Western European countries and is also applied in the treatment of inflammation and swelling of the nose and sinus after an injury or surgery. Additionally, top players in Europe's cosmetics industry are innovating products by mixing bromelain, due to positive effects of bromelain such as treating acne, wrinkles, and dry skin.
The global bromelain market is fragmented with a large number of players present in Asia-Pacific countries, due to easy raw material availability. The market competition is intense in terms of increasing research & development to find the new application of bromelain and growing merger & acquisition activities. The leading market players of global bromelain market are 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 and others.
The continuation of the Covid-19 pandemic is having a moderate impact on the overall growth of the global bromelain market. Basically demand from the cosmetic industry and textile industry have witnessed a slight decrease due to strict lockdown measures and closure of the retail sector, as consumers have mainly focused on purchasing necessary products in the Covid-19 time period. But, the food & beverages sector is has provided sizeable growth opportunities, as bromelain is mainly used to tenderize meat. Post Covid-19, market players are expected to focus and invest in research and development activities to gain a competitive edge.