Lucintel Forecasts Bromelain Market to Grow at a CAGR of 7%-8%

Market-Research

According to the recent study the bromelain market is projected to grow at a CAGR of 7%-8% from 2020 to 2025. Growth in this market is primarily driven by rising R&D activities to enhance the product applications in the treatment of cancer, HIV aids, and inflammatory diseases, and increasing awareness of consumers regarding several health benefits of bromelain.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in bromelain market by application (food and beverage, pharmaceutical, dietary supplements, cosmetic, and others), source (stem and fruits), product type (1200 GDU/g, 2000 GDU/g, and 2500 GDU/g), and region (North America, Europe, Asia Pacific, and Rest of the World).

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“Stem market is expected to remain the largest segment during the forecast period.”

Based on source, the bromelain market is segmented into stem and fruits. Lucintel forecasts that the stem is expected to witness the largest segment over the forecast period.

“Within the bromelain market, the food and beverage segment is expected to remain the largest application”

Based on application, the food and beverage segment is expected to witness the largest application over the forecast period due to its Increasing application in the bakery, meat, and brewing industry.

“Asia Pacific will dominate the bromelain market in near future”

Asia Pacific is expected to be the largest region over the forecast period due to the growing demand from food and beverage and pharmaceutical industries, increasing population, and favorable government regulation in the region.

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Major players of bromelain market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Creative Enzymes., CHANGSHA NATUREWAY, NUTRITECH, Enzyme Development, Advanced Enzyme Technologies., ENZYBEL GROUP, Food State, Krishna Enzytech, URSAPHARM Arzneimittel, Nanning Pangbo Biological Engineering, and Great Food Group are among the major bromelain providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/bromelain-market.aspx or helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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