Peptone is used as a microbial growth medium that is generally prepared from sodium chloride & animal tissue. It can be derived from casein & plants, used in their hydrolyzed form to facilitate employment in culture medium. Peptone can be obtained from various sources of meat, soy, pea, gelatin, potato, wheat, and others.
The rapid development of biotech industry is the major driving factor which expected to boost the global peptone market growth over the forecast period. To satisfy the truly developing market of the culture medium, new manufacturers & suppliers have ventured into the peptone market. Also, the growing technological improvements in the peptone & culture medium are expected to propel the global peptone market growth.
Great Manufacturing practices require the drug business to regularly check the sterility of their creation measures particularly in instances of strategic aseptic arrangements. For instance, bioMerieux had introduced two dried out peptone media for micro-organisms discovery that is Transmissible Spongiform Encephalopathies allowed to forestall its transmission. Key players to explore organizations or labs in dried or live disseminate peptones. For instance, Soya, high energy starch is a type of non-meat peptone. Various trails require several peptones in various fixations to give the ideal supplement level to improvement, development & precise investigation results.
Huge construction and maintenance costs of workrooms as well as dearth of experts and professionals may hamper the global peptone market growth throughout the forecast period.
The Global Peptone Market is segmented into type such as Animal Peptone, Plant Peptone, Microbial Peptone, and Others, by application Pharmaceutical, Research institutions, Food industry, Industrial Applications, and Others.
Also, the Global Peptone Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The increase in research and development activities in North America is expected to drive the global peptone market growth in this region. The United States contributed to the highest revenue share in biopharmaceutical industry due to high spending on pharmaceutical research & development over the forecast period. The APAC region is also growing significantly due to increase in biopharmaceutical industries in this region. China exports of active pharmaceutical ingredients & generic drugs which expected to accelerate the demand for peptone in market. Also, Government of India had implemented several favorable policies to encourage biopharmaceutical companies for novel drug & molecule discovery.
Various key players are listed in this Thermo Fisher Scientific Inc, Sigma-Aldrich Corporation, Biospringer S.A, Global Bioingredients Inc, Kerry, Inc., BD Biosciences Systems & Reagents Inc, Affymetrix Inc, Merck Millipore Ltd, Hardy Diagnostics Inc, Solabia Group, FrieslandCampina Domo, etc.
Market Drivers
The rapid development of biotech industry is the major driving factor which expected to boost the global peptone market growth over the forecast period. To satisfy the truly developing market of the culture medium, new manufacturers & suppliers have ventured into the peptone market. Also, the growing technological improvements in the peptone & culture medium are expected to propel the global peptone market growth.
Great Manufacturing practices require the drug business to regularly check the sterility of their creation measures particularly in instances of strategic aseptic arrangements. For instance, bioMerieux had introduced two dried out peptone media for micro-organisms discovery that is Transmissible Spongiform Encephalopathies allowed to forestall its transmission. Key players to explore organizations or labs in dried or live disseminate peptones. For instance, Soya, high energy starch is a type of non-meat peptone. Various trails require several peptones in various fixations to give the ideal supplement level to improvement, development & precise investigation results.
Market Restraints
Huge construction and maintenance costs of workrooms as well as dearth of experts and professionals may hamper the global peptone market growth throughout the forecast period.
Market Segmentation
The Global Peptone Market is segmented into type such as Animal Peptone, Plant Peptone, Microbial Peptone, and Others, by application Pharmaceutical, Research institutions, Food industry, Industrial Applications, and Others.
Also, the Global Peptone Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Regional Analysis
The increase in research and development activities in North America is expected to drive the global peptone market growth in this region. The United States contributed to the highest revenue share in biopharmaceutical industry due to high spending on pharmaceutical research & development over the forecast period. The APAC region is also growing significantly due to increase in biopharmaceutical industries in this region. China exports of active pharmaceutical ingredients & generic drugs which expected to accelerate the demand for peptone in market. Also, Government of India had implemented several favorable policies to encourage biopharmaceutical companies for novel drug & molecule discovery.
Market Key Players
Various key players are listed in this Thermo Fisher Scientific Inc, Sigma-Aldrich Corporation, Biospringer S.A, Global Bioingredients Inc, Kerry, Inc., BD Biosciences Systems & Reagents Inc, Affymetrix Inc, Merck Millipore Ltd, Hardy Diagnostics Inc, Solabia Group, FrieslandCampina Domo, etc.
Market Taxonomy
By Type
- Animal Peptone
- Plant Peptone
- Microbial Peptone
- Others
By Application
- Pharmaceutical
- Research institutions
- Food industry
- Industrial Applications
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Peptone Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Frequently Asked Questions about the Global Peptone Market
What is the estimated value of the Global Peptone Market?
What is the growth rate of the Global Peptone Market?
What is the forecasted size of the Global Peptone Market?
Who are the key companies in the Global Peptone Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 185 |
| Published | October 2021 |
| Forecast Period | 2017 - 2027 |
| Estimated Market Value ( USD | $ 128.9 million |
| Forecasted Market Value ( USD | $ 208 million |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
Table of Contents
1 Introduction
2 Research Methodology
4 Global Peptone Market Outlook
5 Global Peptone Market, By Type
6 Global Peptone Market, By Application
7 Global Peptone Market, By Region
8 North America Peptone Market Analysis and Forecast (2020 - 2027)
9 Europe Peptone Market Analysis and Forecast (2020 - 2027)
10 Asia Pacific Peptone Market Analysis and Forecast (2020 - 2027)
11 Latin America Peptone Market Analysis and Forecast (2020 - 2027)
12 Middle East Peptone Market Analysis and Forecast (2020 - 2027)
13 Competitive Analysis
14 Company Profiles
Companies Mentioned
- Thermo Fisher Scientific Inc
- Sigma-Aldrich Corporation
- Biospringer S.A
- Global Bioingredients Inc
- Kerry Inc.
- BD Biosciences Systems & Reagents Inc
- Affymetrix Inc
- Merck Millipore Ltd
- Hardy Diagnostics Inc
- Solabia Group
- FrieslandCampina Domo
