Papain is a natural cysteine proteolytic enzyme present in mountain papaya and papaya. It is native to Latin America and is also called as papaya proteinase I. It is used to tenderize meat eaten as it breaks down tough meat fibers. Papain is an active component in powder form for meat tenderizers and has a huge demand in the global market. Papain also used in chemo-mechanical dental caries removal gel known as Papacarie, as a tooth whitener in mint sweets and toothpaste, to clean up dead tissue in chronic wounds, as a component of many enzymatic debriding preparations, and cell dissociation in cell culture preparations.
Market trend Snapshot
Global Papain market was valued at 1,920 million USD in 2019 and expected to reach 2,585 million USD by 2026, growing at a CAGR of 4.27%. This report provides comprehensive and in-depth analysis and prediction of the Papain industry. The Papain market growth is primely attributed to rising health concern among the consumers, high demand for meat tenderizers, and increasing demand for natural enzymes. Apart from this, growing population, rapid urbanization, and increasing disposable income are some of the other important factors that expected to propel the market growth.
From Base year 2018 to forecast year 2026
Get FREE Sample of Papain Market Report at:
https://www.globalmarketmonitor.com/reports/145937-papain-market-report-2018.html#download-sample
Key Market Players Profile
Key market players covered in the report such as 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, and Guangxi Academy of Sciences. These players’ market share, revenue, company profile, and SWOT analysis are covered in the Papain report. In the future, production and consumption are estimated to continue developing with a stable growth rate. As a result of meeting the surging demand, more manufacturers are expected to go into this industry.
North America was the leading market in 2018
The report covers the major countries analysis in North America, Europe, Asia Pacific, and the rest of the world. Furthermore, policy mobilization, social dynamics, development trends, and economic development in these countries are also taken into consideration.
North America was the leading market at a share of 33.62% and expected to maintain dominance during the forecast period. This is mainly attributed to the ever-growing global population, growing domestic income, the rapid rate of urbanization and industrialization. Approximately 95% of the meat tenderizing enzymes consumed in the U.S. Europe is currently leading the Asia Pacific with a share of 32.08% and 26.35%.
Papain Type and Application Sketch
By type
By application
Food Industry occupied the maximum market share and expected to continue dominance during the forecast period. Medical Application segment is also anticipated to witness robust growth during the predicted years.
Get FREE Sample of Papain Market Report at:
https://www.globalmarketmonitor.com/reports/145937-papain-market-report-2018.html#download-sample
Papain Report provides
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Papain Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Papain Market by Types
4 Segmentation of Papain Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Papain Market in Major Countries
7 North America Papain Landscape Analysis
8 Europe Papain Landscape Analysis
9 Asia Pacific Papain Landscape Analysis
10 Latin America, Middle East & Africa Papain Landscape Analysis
11 Major Players Profile
11.1 S.I. Chemical
11.1.1 S.I. Chemical Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 M/S Shri Ganesh
11.3 Enzybel-BSC
11.4 MITSUBISHI-KAGAKU
11.5 SENTHIL
11.6 PATEL REMEDIES
11.7 Fruzyme Biotech
11.8 Rosun Natural Products
11.9 Pangbo Enzyme
11.10 Nanning Doing-Higher Bio-Tech
11.11 Huaqi
11.12 TIANLV
11.13 Nanning Javely Biological
11.14 Guangxi Academy of Sciences
…
Target Audience:
Get FREE Sample of Papain Market Report at:
https://www.globalmarketmonitor.com/reports/145937-papain-market-report-2018.html#download-sample
Contact
Global Market Monitor
One Pierrepont Plaza, 300 Cadman Plaza W, Brooklyn,
NY 11201, USA
Name: Rebecca Hall
Phone: + 1 (347) 467 7721
Email: info@globalmarketmonitor.com
Web Site: https://www.globalmarketmonitor.com
We provide more professional and intelligent market reports to complement your business decisions.