Global Papain Powder Market is expected to grow at a CAGR of 5.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for papain powder in various industries such as food, feed, medical and cosmetic industries.
The global papain powder market is segmented on the basis of type into food grade, industrial grade, feed grade and medical grade. Food industry accounted for the largest share in 2018 owing to its extensive use in various food products such as meat products and dairy products. The demand for papain powder in other industries such as feed industry is also increasing due to its high nutritional value which helps improve animal health and performance while reducing mortality rates among animals. Medical industry accounted for a significant share owing to its use in surgical procedures like debridement or removal of dead tissue from wounds or ulcers caused by burns or gangrene among others.
Some Of The Growth Factors Of This Market:
- Papain is a proteolytic enzyme that is used in the food industry to tenderize meat and poultry.
- The growth of this market can be attributed to the increasing demand for processed meat products such as sausages, ham, bacon, and other processed meats which require tenderizing agents like papain for better taste and texture of these products.
- Increasing awareness about health benefits associated with consumption of fresh fruits and vegetables has led to an increase in demand for papaya fruit which contains high levels of papain enzyme that helps break down protein molecules into smaller peptides or amino acids that are easier to digest by humans.
- Increasing population coupled with rising disposable income has led to an increase in demand for processed meat products such as sausages, ham, bacon etc, which require tenderizing agents like papain for better taste and texture of these products.
Industry Growth Insights published a new data on “Papain Powder Market”. The research report is titled “Papain Powder Market research by Types (Food Grade, Industrial Grade, Feed Grade, Medical Grade, Cosmetic Grade), By Applications (Food industry, Feed industry, Medical industry, Cosmetic industry, Others), By Players/Companies S.I. Chemical, M/S Shri Ganesh, Enzybel-BSC, MITSUBISHI-KAGAKU, SENTHIL, PATEL REMEDIES, Fruzyme Biotech, Rosun Natural Products, Pangbo Enzyme, Nanning Doing-Higher Bio-Tech, Huaqi, TIANLV, Nanning Javely Biological, Guangxi Academy of Sciences”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Papain Powder Market Research Report
By Type
Food Grade, Industrial Grade, Feed Grade, Medical Grade, Cosmetic Grade
By Application
Food industry, Feed industry, Medical industry, Cosmetic industry, Others
By Companies
S.I. Chemical, M/S Shri Ganesh, Enzybel-BSC, MITSUBISHI-KAGAKU, SENTHIL, PATEL REMEDIES, Fruzyme Biotech, Rosun Natural Products, Pangbo Enzyme, Nanning Doing-Higher Bio-Tech, Huaqi, TIANLV, Nanning Javely Biological, Guangxi Academy of Sciences
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Papain Powder Market Report Segments:
The global Papain Powder market is segmented on the basis of:
Types
Food Grade, Industrial Grade, Feed Grade, Medical Grade, Cosmetic Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food industry, Feed industry, Medical industry, Cosmetic industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- S.I. Chemical
- M/S Shri Ganesh
- Enzybel-BSC
- MITSUBISHI-KAGAKU
- SENTHIL
- PATEL REMEDIES
- Fruzyme Biotech
- Rosun Natural Products
- Pangbo Enzyme
- Nanning Doing-Higher Bio-Tech
- Huaqi
- TIANLV
- Nanning Javely Biological
- Guangxi Academy of Sciences
Highlights of The Papain Powder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Industrial Grade
- Feed Grade
- Medical Grade
- Cosmetic Grade
- By Application:
- Food industry
- Feed industry
- Medical industry
- Cosmetic industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Papain Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Papain powder is a protein digesting enzyme. It is derived from the papaya fruit and has been used in Asia for centuries to help digestion.
Some of the key players operating in the papain powder market are S.I. Chemical, M/S Shri Ganesh, Enzybel-BSC, MITSUBISHI-KAGAKU, SENTHIL, PATEL REMEDIES, Fruzyme Biotech, Rosun Natural Products, Pangbo Enzyme, Nanning Doing-Higher Bio-Tech, Huaqi, TIANLV, Nanning Javely Biological, Guangxi Academy of Sciences.
The papain powder market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Papain Powder Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Papain Powder Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Papain Powder Market - Supply Chain
4.5. Global Papain Powder Market Forecast
4.5.1. Papain Powder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Papain Powder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Papain Powder Market Absolute $ Opportunity
5. Global Papain Powder Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Papain Powder Market Size and Volume Forecast by Type
5.3.1. Food Grade
5.3.2. Industrial Grade
5.3.3. Feed Grade
5.3.4. Medical Grade
5.3.5. Cosmetic Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Papain Powder Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Papain Powder Market Size and Volume Forecast by Application
6.3.1. Food industry
6.3.2. Feed industry
6.3.3. Medical industry
6.3.4. Cosmetic industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Papain Powder Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Papain Powder Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Papain Powder Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Papain Powder Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Papain Powder Demand Share Forecast, 2019-2026
9. North America Papain Powder Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Papain Powder Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Papain Powder Market Size and Volume Forecast by Application
9.4.1. Food industry
9.4.2. Feed industry
9.4.3. Medical industry
9.4.4. Cosmetic industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Papain Powder Market Size and Volume Forecast by Type
9.7.1. Food Grade
9.7.2. Industrial Grade
9.7.3. Feed Grade
9.7.4. Medical Grade
9.7.5. Cosmetic Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Papain Powder Demand Share Forecast, 2019-2026
10. Latin America Papain Powder Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Papain Powder Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Papain Powder Market Size and Volume Forecast by Application
10.4.1. Food industry
10.4.2. Feed industry
10.4.3. Medical industry
10.4.4. Cosmetic industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Papain Powder Market Size and Volume Forecast by Type
10.7.1. Food Grade
10.7.2. Industrial Grade
10.7.3. Feed Grade
10.7.4. Medical Grade
10.7.5. Cosmetic Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Papain Powder Demand Share Forecast, 2019-2026
11. Europe Papain Powder Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Papain Powder Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Papain Powder Market Size and Volume Forecast by Application
11.4.1. Food industry
11.4.2. Feed industry
11.4.3. Medical industry
11.4.4. Cosmetic industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Papain Powder Market Size and Volume Forecast by Type
11.7.1. Food Grade
11.7.2. Industrial Grade
11.7.3. Feed Grade
11.7.4. Medical Grade
11.7.5. Cosmetic Grade
11.8. Basis Point Share (BPS) Analysis by Type
1.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Papain Powder Demand Share, 2019-2026
12. Asia Pacific Papain Powder Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Papain Powder Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Papain Powder Market Size and Volume Forecast by Application
12.4.1. Food industry
12.4.2. Feed industry
12.4.3. Medical industry
12.4.4. Cosmetic industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Papain Powder Market Size and Volume Forecast by Type
12.7.1. Food Grade
12.7.2. Industrial Grade
12.7.3. Feed Grade
12.7.4. Medical Grade
12.7.5. Cosmetic Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Papain Powder Demand Share, 2019-2026
13. Middle East & Africa Papain Powder Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Papain Powder Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Papain Powder Market Size and Volume Forecast by Application
13.4.1. Food industry
13.4.2. Feed industry
13.4.3. Medical industry
13.4.4. Cosmetic industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Papain Powder Market Size and Volume Forecast by Type
13.7.1. Food Grade
13.7.2. Industrial Grade
13.7.3. Feed Grade
13.7.4. Medical Grade
13.7.5. Cosmetic Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Papain Powder Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Papain Powder Market: Market Share Analysis
14.2. Papain Powder Distributors and Customers
14.3. Papain Powder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. S.I. Chemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. M/S Shri Ganesh
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Enzybel-BSC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MITSUBISHI-KAGAKU
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SENTHIL
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PATEL REMEDIES
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fruzyme Biotech
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Rosun Natural Products
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Pangbo Enzyme
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nanning Doing-Higher Bio-Tech
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Huaqi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. TIANLV
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nanning Javely Biological
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Guangxi Academy of Sciences
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
