North America Bromelain Market Forecast to 2030 - Regional Analysis - by Source (Stem and Fruit) and Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care, and Others)

BMIRE00029632 | Pages: 54 | Food and Beverages | Feb 2024 | Type: Regional | Status: Published

The North America bromelain market was valued at US$ 15.88 million in 2022 and is expected to reach US$ 24.09 million by 2030; it is estimated to grow at a CAGR of 5.3% from 2022 to 2030.

Broad Application Scope in the Food Industry Fuels the North America Bromelain Market

The food industry is aware of the role of plant-derived enzymes such as bromelain. 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 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 North America bromelain market. With the increasing uses of bromelain in various food and beverage applications, manufacturers are developing novel products to address customers' demands.

North America Bromelain Market Overview

North America is one of the prominent regions in the bromelain market. Bromelain has wide-ranging applications in the food & beverages, pharmaceutical & nutraceutical, and personal care industries, among others. The US Food and Drug Administration (FDA) has categorized bromelain as a food additive and a Generally Recognized as Safe (GRAS) substance. The flourishing food & beverages industry fuels the demand for necessary food additives in the region. Bromelain is one of the natural enzymes extracted from pineapple fruit and stem. 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 North America bromelain market growth in the region during the forecast period.

Companies based in the US are highly involved in R&D and product enhancement. Bromelain supplements are marketed for various health conditions, especially chronic inflammation. According to the World Health Organization (WHO), more than 50% of the US population is living with at least one chronic illness. Thus, with rising cases of chronic illnesses, the demand for bromelain is increasing in the nutraceutical industry in the country. According to the Information Resources, Incorporated (IRI) survey, nearly 88% of Americans actively practice self-care. Thus, with the increasing use of self-care products for wrinkle treatment, dry skin treatment, and teeth whitening in North America, the demand for bromelain is expected to rise in the personal care industry in the coming years.

Moreover, people in countries such as Canada and Mexico know the importance of dietary supplements in maintaining good health, which results in a high demand for dietary supplements, in turn, benefiting bromelain vendors.

North America Bromelain Market Revenue and Forecast to 2030 (US$ Thousand)

North America Bromelain Market Segmentation

The North America bromelain market is segmented into source, application, and country.

Based on source, the North America bromelain market is bifurcated stem and fruit. The stem market segment held a larger share in 2022.

In terms of application, the North America bromelain market is categorized into food & beverages, pharmaceuticals & nutraceuticals, personal care, and others. The pharmaceuticals & nutraceuticals segment held the largest share in 2022.

Based on country, the North America bromelain market is segmented the US, Canada, and Mexico. The US dominated the North America bromelain market in 2022.

Challenge Bioproducts Co Ltd, Creative Enzymes, Enzybel International SA, and Medikonda Nutrients are some of the leading companies operating in the North America bromelain market.

Table of Content

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Key Market Insights

2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America 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. North America 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 - North America Market Analysis

6.1 North America Bromelain Market Revenue (US$ Thousand)

6.2 North America Bromelain Market Forecast and Analysis

7. North America 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. North America 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. North America Bromelain Market - Country Analysis

9.1 Overview

9.1.1 North America Bromelain Market, by Key Country- Revenue (2022) (US$ Thousand)

9.1.2 North America Bromelain Market Revenue and Forecasts and Analysis - By Countries

9.1.2.1 North America Bromelain Market Breakdown by Country

9.1.2.2 US: North America Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)

9.1.2.2.1 US: North America Bromelain Market Breakdown by Source

9.1.2.2.2 US: North America Bromelain Market Breakdown by Application

9.1.2.3 Canada: North America Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)

9.1.2.3.1 Canada: North America Bromelain Market Breakdown by Source

9.1.2.3.2 Canada: North America Bromelain Market Breakdown by Application

9.1.2.4 Mexico: North America Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)

9.1.2.4.1 Mexico: North America Bromelain Market Breakdown by Source

9.1.2.4.2 Mexico: North America Bromelain Market Breakdown by Application

10. Competitive Landscape

10.1 Heat Map Analysis

11. Company Profiles

11.1 Enzybel International SA

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Creative Enzymes

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Medikonda Nutrients

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Challenge Bioproducts Co Ltd

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

12. Appendix

 

 

 

List of Tables

Table 1. North America Bromelain Market Segmentation 9

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. North America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)

Table 6. North America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) - Source

Table 7. North America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) - Application

Table 8. US: North America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) - By Source

Table 9. US: North America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) - By Application

Table 10. Canada: North America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) - By Source

Table 11. Canada: North America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) - By Application

Table 12. Mexico: North America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) - By Source

Table 13. Mexico: North America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) - By Application

Table 14. Heat Map Analysis

 

List of Figures

Figure 1. North America Bromelain Market Segmentation, By Country

Figure 2. Porter's Five Forces Analysis: North America Bromelain Market

Figure 3. Ecosystem: North America Bromelain Market

Figure 4. North America Bromelain Market - Key Industry Dynamics

Figure 5. North America Bromelain Market Impact Analysis of Drivers and Restraints

Figure 6. North America Bromelain Market Revenue (US$ Thousand), 2020 - 2030

Figure 7. North America 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. North America 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. North America Bromelain Market, by Key Country- Revenue (2022) (US$ Thousand)

Figure 16. North America Bromelain Market Breakdown by Key Countries, 2022 and 2030 (%)

Figure 17. US: North America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 18. Canada: North America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)

Figure 19. Mexico: North America Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)



1. Challenge Bioproducts Co Ltd

2. Creative Enzymes

3. Enzybel International SA

4. Medikonda Nutrients

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America bromelain market .

 

  • Highlights key business priorities in order to assist companies to realign their business strategies.

 

  • The key findings and recommendations highlight crucial progressive industry trends in North America bromelain market, thereby allowing players across the value chain to develop effective long-term strategies.

 

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

 

  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.

 

  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
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