Report : Middle East & Africa Bromelain Market Forecast to 2030 - Regional Analysis - by Source (Stem and Fruit) and Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care, and Others)
At 6.1% CAGR, the Middle East & Africa Bromelain Market is Speculated to be Worth US$ 2.83 million by 2030, Says Business Market Insights
According to Business Market Insights research, the Middle East & Africa bromelain market was valued at US$ 1.77 million in 2022 and is expected to reach US$ 2.83 million by 2030, registering a CAGR of 6.1% from 2022 to 2030. Consumers inclination toward skin health and rising preference for natural plant-based ingredients among the critical factor attributed to the Middle East & Africa bromelain market expansion.
The food industry is aware of the role of plant-derived enzymes such as bromelain. 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 juices, bromelain is used as an enzymatic browning inhibitor. The food industry continuously looks out for newer, sustainable, and economical plant-based proteases with improved efficiency and immobility. The meat industry uses enzymes mainly for meat tenderization, aroma development, and cross-linking. Commercial proteases used for meat tenderization are extracted from plant sources, such as bromelain and papain. Apart from flavor and juiciness, tenderness is also crucial for the overall palatability and acceptance of meat; thus, the demand for bromelain is increasing in the meat and seafood industry. During meat tenderization, bromelain facilitates softening by breaking the fibrous material in the meat. It also increases meat's nutritional value by increasing its essential amino acid content. Thus, the demand for bromelain is growing with the rising popularity of meat-based snacks among millennials. In the bakery industry, bromelain aids in enhancing solubility, improving dough relaxation, and preventing shrinkage, thus allowing the dough to rise evenly during baking. Bromelain also inhibits the oxidation of phenols to quinones in fruits, thus serving as an anti-browning agent. It is used to enhance the stability of proteins and prevent haziness in beer; the enzyme enhances the steadiness of white-wine proteins. Thus, a broad range of applications bolsters the growth of the bromelain market. With the increasing uses of bromelain in various food and beverage applications, manufacturers are developing novel products to address customers' demands.
On the contrary, high production cost hamper the growth Middle East & Africa bromelain market .
Based on source, the Middle East & Africa bromelain market is segmented into stem and fruit. The stem market segment held 86.6% share of the Middle East & Africa bromelain market in 2022, amassing US$ 1.53 million. It is projected to garner US$ 2.43 million by 2030 to expand at 6.0% CAGR during 2022-2030.
By end user, the Middle East & Africa bromelain market is categorized into food & beverages, pharmaceuticals & nutraceuticals, personal care, and others. The food & beverages segment held 41.7% share of Middle East & Africa bromelain market in 2022, amassing US$ 0.74 million. It is projected to garner US$ 1.21 million by 2030 to expand at 6.4% CAGR during 2022-2030.
Based on country, the Middle East & Africa bromelain market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. The Rest of the Middle East & Africa held 51.4% share of Middle East & Africa bromelain market in 2022, amassing US$ 0.91 million. It is projected to garner US$ 1.38 million by 2030 to expand at 5.4% CAGR during 2022-2030.
Key players operating in the Middle East & Africa bromelain market are Challenge Bioproducts Co Ltd, Enzybel International SA, Enzyme Technologies (Pty) Ltd, and Medikonda Nutrients, among others.
Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@businessmarketinsights.com