Press Release

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Peptone Market to Grow at a CAGR of 2% During 2020-2025, Aided by the Growing Research and Development Activities

According to a new report by EMR titled, ‘Global Peptone Market Report and Forecast 2020-2025’, the global market for peptone is expected to grow at a CAGR of 2% between 2020 and 2025.

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.

Market Breakup by Source, Application, and Region:

  • On the basis of source, the industry can be divided into plant, animal, and microbial, among others.
  • Based on application, the industry is divided into pharmaceuticals, food, cosmetics, and research, among others.
  • Region-wise, the global market for peptone can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The industry is being driven by the growth of the pharmaceuticals sector and the advancements in biotechnology. 
  • The growing food and cosmetics industry are further propelling the market growth. 
  • The industry will receive further impetus with the growing research and development activities and rapid technological advancements. 
  • The new product launches and growing health-related concerns are accelerating the growth of the industry.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for peptone for the periods (2015-2019) and (2020-2025). 
  • The report also offers historical (2015-2019) and forecast (2020-2025) market information for the sources, applications, and regional markets of peptone.
  • The report also gives the regional historical (2015-2019) and forecast (2020-2025) price trends of the product.
  • As assessment of the trade data of the major exporting and importing countries by value and volume has been provided within the report as well.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

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.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global African Mango Seed Extract Market and Forecast 2021-2026


Global Dong Quai Market Report and Forecast 2021-2026


Global Neotame Market Report and Forecast 2021-2026


Global Piperine Market Report and Forecast 2021-2026


Global Rhodiola Rosea Extract Market Report and Forecast 2021-2026


NEWSLETTER