The global Peptone market reached a value of about USD 137.1 million in 2021. The industry is projected to grow at a CAGR of around 4.8% in the forecast period of 2022-2027 to reach a value of about USD 181.7 million by 2027.
The global Peptone industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The application of the material in biological and biotechnological applications is driving the market's growth. North America is the highest category spender by region that is driving the demand for the Peptone industry.
Peptone is a partly digested protein obtained from the enzymatic or acidic degradation of proteinaceous matter, made from sodium chloride and animal tissue. It is used as a microbiological growth medium. The resultant hydrolysate can be used to make dipeptides, polypeptides, and amino acids, which are secondary protein derivatives. The Peptone industry report comprises segments by source (Plant, Animal, Microbial, Others), application (Pharmaceuticals, Food, Cosmetics, Research, Others), and region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).
North America holds the largest share in the market due to the growing R&D efforts and improvements in biotechnological applications. Furthermore, owing to the substantial spending on pharmaceutical research and development throughout the projection period, the United States provided the most significant revenue share in the biopharmaceutical business furthering the region's industrial expansion.
The market drives its employment in many biological and biotechnological applications. It is a natural source of peptides, proteins, and amino acids in growth media because it is a water-soluble combination of polypeptides and amino acids. The industry is being propelled by the rapidly expanding pharmaceutical business and advances in biotechnology. The industry is being driven by the rapidly growing pharmaceuticals business and advancements in biotechnology. It finds application in the research and manufacture of antibiotics, vaccines, and other formulations, augmenting its demand. Peptone is in high order to boost the development of microorganisms and provide them with nutrients for numerous uses in sectors such as food and cosmetics. In addition, it is also used as a source of nitrogen in a variety of complicated media. Because it does not coagulate when heated and is water-soluble, it is particularly well suited for use in microbiological culture medium, further driving the market demand. Also, it is further driving the market demand. Also, it is a good supplement and an alternative to serums used in mammalian cell growth and biological product manufacturing, thus resulting in the industry's expansion.
However, the market's expansion is hampered by expensive workroom building and maintenance expenses and a scarcity of specialists and professionals.
The global Peptone industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Peptone regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
Peptone is a protein degradation product generated by incomplete hydrolysis of proteins such as beef, casein, milk powder, gelatin, soy protein, silk protein, fibrin, etc. One of the most important terms for this idea is incomplete hydrolysis, a qualitative phase. As a result, the types of enzymes utilised for protein degradation and the degree of enzymolysis will differ from company to business; as a result, various peptones for finely regulated biological processes are not universal and must be evaluated to ensure their suitability. The enzyme's catalytic action is also not precise, and the enzyme's hydrolysis activity will be influenced by both the enzyme and the catalytic environment.
The industry is being propelled by the increasing research and development activities benefiting from expanding the market considerably. The demand for BSE (bovine spongiform encephalopathy) and GMO-free peptones has risen as microbial culture absorbs components from the growing media. The producers consider investing in developing BSE- and GMO-free peptones and extracts, two of the most severe safety concerns. Plants are being employed as a natural source of peptone manufacturing to avoid the risk of BSE and because plant-based peptone allows some microbes to thrive better. Over the projection period, this is likely to have a favourable impact on industry growth.
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
New producers and suppliers have entered the peptone industry to meet the rapidly growing demand for the culture medium. Furthermore, the global peptone market is predicted to develop due to technological advancements in the peptone and culture media. The pharmaceutical industry must frequently examine the sterility of their creation measures, especially in cases of strategic aseptic arrangements, according to good manufacturing standards.
1. Executive Summary
2. Peptone Market Snapshot
2.1. Peptone Market Outlook
2.2. Peptone Industry Analysis by Source
2.3. Peptone Industry Analysis by Application
2.4. Region Overview
2.4.1. North America
2.4.3. Asia Pacific
2.4.4. Middle East & Africa
2.4.5. Latin America
3. Impact of Recent Events
4. Peptone Value Chain Analysis
5. Peptone Production Process
6. Trade Analysis
7. Major Risk Factors in Sourcing
8. Peptone Cost Structure
9. Peptone Price Analysis
10. Key Demand Indicator Analysis
11. Key Price Indicator Analysis
12. Peptone Market Dynamics
12.1. Drivers & Constraints
12.2. Industry Events
12.3. Innovations & Trends
12.4. Swot Analysis
12.5. Porter’s Five Forces
12.5.1. Buyer Power
12.5.2. Supplier Power
12.5.3. Threat of New Entrants
12.5.4. Threat of Substitutes
12.5.5. Industry Rivalry
13. Feedstock Market Analysis
13.1. Market Overview
13.2. Price Analysis
14. Industry Best Practices
14.1. Sourcing Strategy
14.2. Procurement Model
14.3. Contract Structure
14.4. Negotiation Levers
14.5. Pricing Model
14.6. Key Factors Influencing the Quotation
15. Key Supplier Analysis
15.1. Kerry, Inc.
15.2. Solabia Group
15.3. Global BioIngredients Inc.
15.4. Titan Biotech limited
15.5. Suboneyo Chemicals Pharmaceuticals Limited
The global Peptone market size was valued at USD 137.1 million in 2021.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 4.8%.
The increasing research and development activities are essential drivers of the Peptone market growth.
Kerry, Inc., Solabia Group, Global BioIngredients Inc., Titan Biotech limited, and Biotecnica are some of the major companies in the market.
The North American region of the Peptone industry holds a significant share in the market.
The global Peptone market attained a value of USD 137.1 million in 2021, driven by its employment in many biological and biotechnological applications as it is a great natural source of peptides, proteins, and amino acids in growth media because it is a water-soluble combination of polypeptides and amino acids. Aided by the growing research and development activities, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 4.8%. The market is projected to reach USD 181.7 million by 2027. Some of the leading players in the industry are Kerry, Inc., Solabia Group, Global BioIngredients Inc., Titan Biotech limited, and Biotecnica.
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