Market Highlights: Serratiopeptidase is refer as a proteolytic enzyme which is been obtained from the silkworm. It is basically used to reduce pain and swelling associated with conditions like back pain, tension headaches, arthritis and migraine headaches, also including sinusitis, laryngitis, ear infections, sore throat, swelling after surgery, also swelling of a vein with the formation of a blood clot that is thrombophlebitis, and inflammatory bowel disease (IBD) which includes Crohn's disease. and ulcerative colitis. However, there are some lacking in the clinical evidence which are supporting the use of this medicine for such conditions. Some of the other name use for serratiopeptidase are Enzyme de Ver de Soie, Butterfly Enzyme, Extrait de Ver de Soie, SER, Serrapeptidase, Serratia peptidase, Silk Worm Enzyme, Serrapeptase, Silkworm Extract. The market study is being classified, by Application (Pharmaceutical & Diagnostics and Research/Biotechnology) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the serratiopeptidase are M/S Advanced Enzyme Technologies Ltd (India), Biocon (India), Krebs Biochemicals & Industries Ltd. (India), Fermenta Biotech Ltd (India), UNIQUE BIOTECH LIMITED (India), Beijing Geyuantianrun Bio-Tech Co, Ltd (China), Newgen Biotech Inc (United States), Vaishali Pharma Ltd (India) and Enzymedica, Inc. (United States).
The Way of ordering, such as Walk-in, is boosting the serratiopeptidase market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights LGM Pharma LLC completed the acquisition of Zeta Pharmaceuticals’ compounding business. The acquisition of Zeta’s compounding business is a part of LGM’s strategy to invest in expanding its market presence and capabilities in an effort to better serve the pharmaceutical industry with a broad range of API and complementary services
Key Questions Answered in the Report What will the serratiopeptidase Market size and the growth rate be in Future? What are the key factors driving the serratiopeptidase Market? What are the key market trends and macro-economic impacting the growth of the serratiopeptidase Market? What are the challenges to market growth? Who are the key vendors in the serratiopeptidase Market? What are the market opportunities and threats faced by the vendors in the serratiopeptidase Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the serratiopeptidase Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global serratiopeptidase market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in serratiopeptidase market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturer / Potential Investors, Traders, Distributors, Wholesalers, Retailers, Importers and Exporters. and Association and government bodies. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.