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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Favourable Properties of Peptone to Augment the Product Demand in Several Application Sectors
Peptone is widely used as a microbial growth medium. Being a water-soluble mixture of polypeptides and amino acids, which are widely utilised in various biological and biotechnological applications, peptone serves as an excellent natural source of peptides, proteins, and, amino acids in growth media. It also serves as a source of nitrogen in many complex media and does not coagulate on heating, is soluble in water, and thus, is particularly ideal for inclusion in microbiological culture media. Peptone has proved to be a good supplement and an alternative to serums utilised in the growth of the mammalian cells and the manufacture of biological products. Further, peptone supplementation provides several benefits in cell culture applications as it contains low molecular weight nutrients, peptides, and free amino acids, which are considered suitable for this application.
Region-wise, North America is expected to account for a significant share in the industry. The industry growth in the region can be attributed to the growing R&D activities and advancements in biotechnological applications.
Peptone Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global peptone market is projected to grow at a CAGR of 4.8% between 2024 and 2032.
The major drivers of the industry, such as the rising disposable incomes, increasing population, the rising awareness of the favourable properties of peptone, growing pharmaceuticals sector, and rising demand for GMO-free peptones, are expected to aid the market growth.
The key market trends guiding the growth of the market include the increasing R&D activities and growing advancements in biotechnological applications.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading sources of peptone in the market are plant, animal, and microbial, among others.
The major application segments in the industry are pharmaceuticals, food, cosmetics, and research, among others.
The major players in the industry are Kerry, Inc., Solabia Group, Global BioIngredients Inc., Titan Biotech limited, Biotecnica, and SUBONEYO Chemicals Pharmaceuticals P Limited, among others.
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