Bromelain Market - By Form (Powdered, Liquid), By Enzyme Strength (Low, Medium, High), By Application (Food & Beverages, Nutraceuticals, Pharmaceuticals, Cosmetics & Personal Care) & Forecast, 2023 - 2032

Bromelain Market - By Form (Powdered, Liquid), By Enzyme Strength (Low, Medium, High), By Application (Food & Beverages, Nutraceuticals, Pharmaceuticals, Cosmetics & Personal Care) & Forecast, 2023 - 2032

Global Bromelain Market will witness 7% CAGR between 2023 and 2032. Increasing consumer awareness of the health benefits associated with Bromelain will drive industry growth. Its anti-inflammatory and digestive properties make it a sought-after dietary supplement. In addition, the growing trend toward natural and plant-based remedies has propelled Bromelain's popularity. Furthermore, its applications in the food and pharmaceutical industries, such as meat tenderization and anti-cancer research, contribute to market growth. As health-conscious consumers and various industries continue recognizing its value, the bromelain market size is expected to expand further.

The rising number of company mergers and acquisitions in the industry supports market growth. For instance, in January 2023, Indian company Sun Pharmaceutical Industries successfully acquired three brands, namely, Phlogam, which contains Trypsin BP 48 mg, Bromelain 90 mg, and Rutoside Trihydrate 100 mg, and Disperzyme, which contains Trypsin BP 96 mg, Bromelain 180 mg, and Rutoside Trihydrate 200 mg. These trademarks were acquired from Aksigen Hospital Care, a Mumbai-based healthcare company renowned for its scientific prowess and more than two decades of industry experience.

The overall Bromelain Market is classified based on form, application, and region.

The liquid segment will undergo significant development from 2023 to 2032. Liquid Bromelain is preferred by consumers seeking convenient and fast-acting solutions for various health benefits. This form is easy to incorporate into beverages and food products, making it attractive to both individuals and the food industry. The versatility and ease of use of liquid bromelain are driving its growing popularity in the bromelain market outlook.

The nutraceuticals segment will register a commendable CAGR from 2023 to 2032. Bromelain, derived from pineapples, is recognized for its digestive and anti-inflammatory properties, making it a valuable ingredient in dietary supplements and nutraceutical products. Consumers are increasingly seeking natural and plant-based remedies, fueling the bromelain market demand in this sector. Its versatile applications and health benefits are driving growth in the nutraceutical market.

Europe Bromelain market will showcase an appreciable CAGR from 2023 to 2032. This trend is driven by a growing awareness of its health benefits, such as anti-inflammatory and digestive properties. Additionally, the preference for natural and plant-based remedies aligns with Bromelain's profile. Its applications in dietary supplements and as a meat tenderizer in the food industry contribute to its increasing popularity. As consumers in Europe prioritize health and wellness, the Bromelain market continues to expand.