Cosmetics application segment witness low growth

Cosmetics application segment to witness low growth

11:06 AM, 27th March 2018
Cosmetics application segment to witness low growth
Derived from the pineapple plant, the bromelain enzyme finds various applications across different end-use industries. (File photo)

Rising use of clean label ingredients in the food & beverages industry to boost global market demand for bromelain.

Derived from the pineapple plant, the bromelain enzyme finds various applications across different end-use industries. At the industrial level, bromelain is used to digest proteins. The proteolytic nature of bromelain finds application in the F&B industry where bromelain is largely used as a meat tenderizer. With added benefits such as anti-inflammation and immunity boosting properties, bromelain is being increasingly used in dietary supplements. Bromelain also finds application as a viable solution to several energy and resource consuming processes in industries such as leather and paper processing.

The meat industry is a large part of the global food & beverages sector and there is a continuous and rapidly rising consumer demand for processed meat and ready-to-cook and ready-to-eat meat dishes, owing to the ease of consumption of these ready meat food products. Bromelain is in great demand in the F&B industry to tenderize red meat. Traditional methods of meat tenderization using the process of marination is time consuming and requires a significant amount of resources. The Bromelain enzyme – owing to its inherent properties to tenderize meat – helps reduce post process preparation time and reduces production costs significantly. This is anticipated to boost market demand for the enzyme in the coming years.

Food & beverages and pharmaceuticals are the largest application segments in the global bromelain market.

The Food & Beverages and Pharmaceuticals industries have the largest applications of bromelain for several processes. Both these segments are collectively expected to hold more than 85 percent of the global bromelain market share throughout the forecast period 2017 – 2025. Increasing application of bromelain in the bakery, meat, and brewing industry is likely to boost revenue growth of the F&B segment during the period of assessment. The Food & Beverages segment is estimated to represent an absolute $ opportunity of $11.6 million in 2017 over 2016, and an incremental $ opportunity of $129.6 million between 2017 and 2025. The Pharmaceuticals segment is estimated to represent an absolute $ opportunity of $10.0 million in 2017 over 2016, and an incremental $ opportunity of $102.9 million between 2017 and 2025.

Applications of bromelain across end-use industries in the various regional markets.

Rising demand from the household care and meat industries in North America: The detergent industry in North America is the largest consumer of enzymes and the household care industry extensively utilizes enzymes such as bromelain in various products. The meat industry in North America is on an upward growth trajectory, owing to increasing consumption of meat products by the population. Bromelain being the most sought after meat tenderizing agent is in great demand in the F&B industry across North America. A trending development in this region is the adoption of bromelain in teeth whitening products. Oral care product manufacturers are now including bromelain-added products in their offerings.

Increasing demand from the animal feed market in Latin America: Brazil is the leading consumer of poultry feed and feed additives in Latin America. There is a growing demand for poultry meat in the region. The carbohydrate and protein enhancing solutions for the animal feed market are driving the growth in demand for enzymes such as bromelain. Addition of the bromelain enzyme improves the digestibility of cereal containing feeds. Also, Brazil and Argentina are the two largest consumers and exporters of meat in Latin America and consequently, there has been a steadily increasing demand for bromelain across the region.

Rising consumption of bromelain supplements and increased usage in the cosmetics industry in Europe: Bromelain is widely used as a health supplement in Germany, and is used to treat inflammation and swelling of the nose and sinus after an injury or surgery. Also, top players in Europe’s cosmetics industry are developing innovative products by including bromelain, as bromelain helps in treating acne, wrinkles, and dry skin. It also helps in post-injection bruising and swelling.

Growing demand for bromelain in the textile industry in Asia Pacific: There is a growing demand for enzymes in textile processing across the APAC region, as enzymes allow the development of environmentally-friendly technologies in fiber processing and strategies to improve the quality of the final product. Continuous product and technological innovation in the textile industry in the region is leading to a rapid increase in the demand for enzymes like bromelain. Bromelain also finds application as a skin recovery agent, protecting the skin from damage occurring during cosmetic and dermal surgeries. Demand for bromelain from APAC’s pharmaceuticals industry is currently on an upswing.

Growing demand in the bakery industry in the Middle East & Africa: The bakery industry in the MEA region is steadily growing, especially in countries such as Turkey and Bulgaria. Bromelain finds wide application in the bakery industry to increase the rate of reaction, improve dough relaxation, prevent dough re-shrinkage, and reduce the production time. Bromelain is also used in ready-to-eat and frozen food products and a growing consumer demand for these food products is boosting regional market demand for bromelain.

Source: Persistence Market Research

© Chemical Today Magazine


View the magazine on Mobile, download the Chemical Today magazine app

http://bit.ly/21W5H0z

http://apple.co/1ZwID77

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


AkzoNobel introduces safer organic peroxides to US polyvinyl chloride market

AMSTERDAM, NETHERLANDS: AkzoNobel Speciality Chemicals said that it will start supplying the first-ever emulsion-based organic peroxides in US, for th ...

Read more
TechnipFMC bags subsea equipment contract by Sabah Shell Petroleum

LONDON, UK/ PARIS, FRANCE/ HOUSTON, US: TechnipFMC (FTI) has been awarded an engineering, procurement, construction and installation (EPCI) contract b ...

Read more
KBR bags additional work on Acron ammonia plant in Russia

HOUSTON, US: KBR Inc (KBR) has been awarded a contract by JSC Acron subsidiary JSC Dorogobuzh, to provide equipment to revamp its ammonia plant l ...

Read more
Sika opens new mortar facility in Vietnam

BAAR, SWITZERLAND: Sika AG has opened a state-of-the-art facility for mortar production alongside the existing production of concrete admixtures plant ...

Read more
Chemical sector: Opportunity in revitalized landscape

By Namrata Sharma The chemical industry in North America is experiencing a robust growth in the light of rebalancing of demand and supply. The balanc ...

Read more
Hydrogen gas from enzyme production

Researchers at Freie Universitat Berlin and the Ruhr-Universitat Bochum have uncovered a crucial reaction principle of hydrogen-producing enzymes. Tea ...

Read more