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Bromelain Market Avocados Market Type (Hass , Fuerte , Ettinger , Pinkerton ) Application (Food & Hotel , Supplements , Pharma Industry ) Distribution Channel (Retailers, Supermarkets, Others) : Global Opportunity Analysis and Industry Forecast, 2020-2027 (Hass , Fuerte , Ettinger , Pinkerton ) Application (Food & Hotel , Supplements , Pharma Industry ) Distribution Channel (Retailers, Supermarkets, Others) : Global Opportunity Analysis and Industry Forecast, 2020-2027

A11041
Pages: NA
Jun 2021 | 146 Views
 
Author(s) : Roshan Deshmukh
Tables: NA
Charts: NA
 

COVID-19

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Extracted from pineapple stems & the fruit, bromelain is a special enzyme that is used across a large number of industries due to the medicinal and other properties. GDU/g is Gelatin Digesting Units per gram, and it defines the gram of protein that bromelain can digest. Bromelain is used in the food & beverage industry to tenderize red meat & seafood and decrease the post-processing time of meat & seafood. Moreover, bromelain is used in the pharma industry, as it helps in reducing swelling, sinus problems, maintain the health of the heart, reducing allergies, improving digestion issues, and some other diseases. Apart from this, bromelains are widely used by the beauty & personal care industry, dietary supplements manufacturers, dairy processing units, paper & leather processing industry, and confectionaries. The development in the industry is related to the new application of bromelain in the pharma sector to prevent arthritis and other joint pain. 

Market scope and structure analysis

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value ($US)

  Segments covered

  Source, Type, and Application

  Regions covered

North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)

  Companies covered

Nanning Pangbo Biological Engineering Co., Ltd., Great Food Group of Companies Enzyme Technology Ltd., Enzybel International SA Hong Mao Biochemicals Co., Ltd., Guangxi Nanning Javely Biological Products Co., Ltd., Creative Enzymes, Changsha Natureway Co., Ltd., Nutriteck, Enzyme Development Corporation, Advanced Enzyme Technologies, Food State Company, Krishna Enzytech Pvt. Ltd., and Fooding Group Limited


COVID-19  Scenario Analysis:

  • The demand for bromelain has increased in the pandemic as people are demanding healthy food ingredients and dietary supplements, which is increasing the demand for bromelain-based food products.
  • Raw materials are not reaching the processing units due to the unavailability of proper transport facilities and the labor supply has also reduced.
  • Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
  • Bromelain demand will increase in the market after pandemic, as people will be demanding more healthy food ingredients in the food products.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

Surge in use of bromelain in the processed meat industry for use in ready-to-cook and ready-to-eat meat cuisines propels the growth of the bromelain market. Moreover, the use of bromelain in the dietary supplement, use in the healthcare industry for treatment & prevention of joint diseases, and extensive demand from the bakery, beauty industry, and beverage manufacturers are the factors driving global bromelain market. However, sideeffects of bromelain and lack awareness about the benefits in developing countries are the major constraints of the market. Contrarily, investment by market leaders in the development of high-quality bromelain and the use of bromelain to treat cancer cells, reduce obesity, and cure arthritis will be fueling the demand of bromelain in the global market.

Uses of Bromelain in the Bakery & Confectionary Industry

With the growing demand for bromelain, there has been a rise in the use of bromalin from the different industries for manufacturing several new products,thereby increasing the global demand. The demand for bromalin has been witnessed to increase from by the food & beverage industry specifically by bakeries for baking, asit increases the rate of reaction and helps in the breakdown of gluten in ingredients. Moreover, bromelain helps in making the dough soft and reduces shrinkage that helps in reducing the production time. 

Surge in usage of bromelain by beauty & personal care industry

There has been rise in demand for bromelain from the beauty & personal care industry in the last few years, due to awareness about the health benefits of bromelain. Bromelain is used as an active ingredient in skin care products, as it is rich in vitamin C & E and helps to brighten the skin, remove acne, wrinkles, dry skin, and provide an even tone to the skin. Moreover, the demand for organic cosmetics has increased the demand of bromelain in the beauty & personal care industry.

Key Segments Covered

Segment

Subsegment

  Source

  • Stems
  • Fruits

  Type

  • 1,200 GDU/g
  • 2,000 GDU/g
  • 2,500 GDU/g
  • Others

  Application

  • Dietary Supplements
  • Food & Beverages
  • Healthcare
  • Others


Key Benefits of the Report:

  • This study presents the analytical depiction of the global bromelain industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global bromelain market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global bromelain market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global bromelain market analysis depending on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Bromelain Market Research Report:

  • Which are the leading players active in the bromelain market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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