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The Asia Pacific is expected to witness a robust growth as many companies in emerging nations such as India are working towards the production and export of peptones used for the growth of micro-organisms. The rising investments in R&D activities to satisfy the growing market of the culture medium is driving the growth of the regional industry. In developed regions like the United States, the stringent government regulations are pushing manufacturers to produce improved and safe products. The demand for testing samples is high in the region, thereby driving the demand for media culture. The buffered peptone water has received approval and is recommended by the U. S. Department of Agriculture Food Safety and Inspection Services to be used for the collection of microbiological samples.
The growing investments by the manufacturers to develop TSE- and GMO-free peptones are further driving the growth of the industry. For instance, bioMérieux SA launched two dehydrated peptone medias for bacteria detection, which are TSE (transmissible spongiform encephalopathies) free, to fulfill the rising demand for animal-free materials owing to safety concerns. Thermo Fisher Scientific Inc. (NYSE: TMO), a world leader in serving science, provides alternatives to meat-based peptones under its brand VeggietonesTM, which includes a range of highly nutritious peptones that are free from animal-derived components (ADC) and genetically modified organisms (GMO). Such developments are expected to positively aid the growth of the peptone industry over the forecast period.
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The major players in the global peptone market are Kerry, Inc., Solabia Group, Global BioIngredients Inc., Titan Biotech limited, Biotecnica, and SUBONEYO Chemicals Pharmaceuticals P Limited, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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