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Middle East & Africa Bromelain Market Forecast to 2030
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)
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Description
Consumers Inclination Toward Skin Health Fuels the Middle East & Africa Bromelain Market
Consumers perception of beauty has changed dramatically in recent years, especially after the onset of the COVID-19 pandemic, as they have started focusing on holistic beauty, which blurs the lines between beauty, health, and well-being. People strongly believe that having beautiful skin necessitates a healthy lifestyle. Consumers are increasingly opting for healthier ways to make their skin glow. Bromelain is one of the most beneficial beauty ingredients promoting healthy skin and, thus, is commonly employed in the cosmetic industry. Bromelain is a natural enzyme that exhibits remarkable exfoliating properties. It works by breaking down proteins and gently dissolving the dead skin cells that accumulate on the skin’s surface. Bromelain offers a gentle yet effective exfoliation, making it suitable for sensitive skin types. Along with smoothening the skin and correcting complexion, this enzyme aids in reducing inflammation and promoting a brighter, more even skin tone. Thus, manufacturers in the bromelain market are seeing vast revenue streams in the cosmetics industry.
Different skincare product companies have been harnessing the antimicrobial properties of bromelain. Many pineapple enzyme-based skincare products have been launched in recent years. The Naturals Beauty-a cosmetic manufacturer offers Teen Gel Enzyme Exfoliator which contains papain and bromelain as plant-based enzymes. The rising consumer awareness about the benefits of plant-based ingredients in skincare products is another trend that is likely to create new avenues in the bromelain market. Further, there has been a growing demand for nutricosmetics, the products or ingredients that act as nutritional supplements for skin, nail, and hair care. They are usually offered in liquids, pills, or functional foods. Thus, the growing consumer focus on skin health is likely to bring new growth trends in the bromelain market during the forecast period.
Middle East & Africa Bromelain Market Overview
The Middle East & Africa bromelain market is sub-segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. The surging use and popularity of food supplements, nutricosmetics, and personal care products contribute to the growth of the bromelain market in this region. The market growth is also ascribed to economic development and population growth in African countries and rising disposable incomes. With mounting health risks among the population, bromelain-producing companies are focusing on developing innovative and novel products to facilitate consumers with healthy supplements. Enzyme Technologies, one of the prominent players worldwide based in South Africa, developed the technology for producing high-quality bromelain. In 2015, its enzyme technologies were awarded as the Most Innovative Project at “the Technology Innovation Event” held at the Council of Scientific & Industrial Research (CSIR) in Pretoria, South Africa. Such recognitions propel the demand for products and aid market growth.
The food & beverages industry is significantly growing in the UAE and Saudi Arabia due to changing consumer tastes and preferences. Recently, the food processing industry in the UAE has experienced a phase of significant expansion, which is expected to continue with government efforts and foreign investments to enhance domestic food production as well as the emergence and diversification of self-sufficiency production facilities. Bromelain is one of the natural additives used in bakery, meat, and other food processing industries as a meat tenderizing agent, food enhancer, and dough improver. Thus, the flourishing food processing industry boosts the demand for bromelain in the Middle East & Africa.
Middle East & Africa Bromelain Market Revenue and Forecast to 2030 (US$ Thousand)
Middle East & Africa Bromelain Market Segmentation
The Middle East & Africa bromelain market is segmented into source, application, and country.
Based on source, the Middle East & Africa bromelain market is bifurcated stem and fruit. The stem market segment held a larger share in 2022.
In terms of application, the Middle East & Africa bromelain market is categorized into food & beverages, pharmaceuticals & nutraceuticals, personal care, and others. The food & beverages segment held the largest share in 2022.
Based on country, the Middle East & Africa bromelain market is segmented South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. The Rest of the Middle East & Africa dominated the Middle East & Africa bromelain market in 2022.
Challenge Bioproducts Co Ltd, Enzybel International SA, Enzyme Technologies (Pty) Ltd, and Medikonda Nutrients are some of the leading companies operating in the Middle East & Africa bromelain market.
Summary Info
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According to The Research Team’ 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.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa bromelain market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa bromelain market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team 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. Middle East & Africa 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
5. Middle East & Africa 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 – Middle East & Africa Market Analysis
6.1 Overview
6.2 Middle East & Africa Bromelain Market Revenue (US$ Thousand)
6.3 Middle East & Africa Bromelain Market Forecast and Analysis
7. Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa Bromelain Market – Country Analysis
9.1.1 Middle East & Africa Bromelain Market, by Key Country- Revenue (2022) (US$ Thousand)
9.1.2 Middle East & Africa Bromelain Market Revenue and Forecasts and Analysis – By Countries
9.1.2.1 Middle East & Africa Bromelain Market Breakdown by Country
9.1.2.2 South Africa: Middle East & Africa Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.1.2.2.1 South Africa: Middle East & Africa Bromelain Market Breakdown by Source
9.1.2.2.2 South Africa: Middle East & Africa Bromelain Market Breakdown by Application
9.1.2.3 Saudi Arabia: Middle East & Africa Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.1.2.3.1 Saudi Arabia: Middle East & Africa Bromelain Market Breakdown by Source
9.1.2.3.2 Saudi Arabia: Middle East & Africa Bromelain Market Breakdown by Application
9.1.2.4 UAE: Middle East & Africa Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.1.2.4.1 UAE: Middle East & Africa Bromelain Market Breakdown by Source
9.1.2.4.2 UAE: Middle East & Africa Bromelain Market Breakdown by Application
9.1.2.5 Rest of Middle East & Africa Bromelain Market Revenue and Forecasts to 2030 (US$ Thousand)
9.1.2.5.1 Rest of Middle East & Africa Bromelain Market Breakdown by Source
9.1.2.5.2 Rest of Middle East & Africa 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 Enzyme Technologies (Pty) Ltd
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. Middle East & Africa Bromelain Market Segmentation
Table 2. Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Table 3. Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – Source
Table 4. Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – Application
Table 5. South Africa: Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 6. South Africa: Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 7. Saudi Arabia: Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 8. Saudi Arabia: Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 9. UAE: Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 10. UAE: Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 11. Rest of Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Source
Table 12. Rest of Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand) – By Application
Table 13. Heat Map Analysis
LIST OF FIGURES
Figure 1. Middle East & Africa Bromelain Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis: Middle East & Africa Bromelain Market
Figure 3. Ecosystem: Middle East & Africa Bromelain Market
Figure 4. Middle East & Africa Bromelain Market – Key Industry Dynamics
Figure 5. Middle East & Africa Bromelain Market Impact Analysis of Drivers and Restraints
Figure 6. Middle East & Africa Bromelain Market Revenue (US$ Thousand), 2020 – 2030
Figure 7. Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa Bromelain Market, by Key Country- Revenue (2022) (US$ Thousand)
Figure 16. Middle East & Africa Bromelain Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 17. South Africa: Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 18. Saudi Arabia: Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 19. UAE: Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 20. Rest of Middle East & Africa Bromelain Market Revenue and Forecasts To 2030 (US$ Thousand)
The List of Companies – Middle East & Africa Bromelain Market
1. Challenge Bioproducts Co Ltd
2. Enzybel International SA
3. Enzyme Technologies (Pty) Ltd
4. Medikonda Nutrients
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