About Peptone
Peptone is a soluble protein formed in the early stage of protein breakdown during digestion. Its solution in saline used as a liquid medium for growing bacteria. It is a microbial growth medium composed of peptic digest of animal tissue and sodium chloride. It is most often obtained by enzymatic digestion or acid hydrolysis of natural products such as animal tissues, milk, plants or microbial cultures.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
CAGR | 3.9% |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Peptone market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Merck (Germany), BD Biosciences Systems & Reagents Inc (United States), Hardy Diagnostics (United States), Solabia Group (France), Global Bioingredients Inc. (United States), Kerry Group plc (Ireland), Thermo Fisher Scientific Inc. (United States), Sigma-Aldrich Corporation (United States), Affymetrix Inc (United States) and Condalab (France) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Peptone market by Type (Animal/Meat, Plant/Vegetable, Casein or Milk derived, Mixed and Other (Gold Peptone and Marine Peptone)), Application (Pharmaceutical, Research institutions, Food industry, Cosmetics and Others) and Region.
On the basis of geography, the market of Peptone has been segmented into 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). If we see Market by Form, the sub-segment i.e. Peptone Powder will boost the Peptone market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online Channel will boost the Peptone market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Peptone Market Dynamics:
Attributes | Details |
---|
Growth Drivers | - Increasing Demand for Microbial Groth Medium
- High Demand for Commercial Production of Enzymes, Vaccines, Antibiotics, Steroids and other Products
|
Influencing Trends | - Higher Demand for Better Peptone Based Products
|
Restraints | - High Construction and Maintenance Costs of Workrooms
|
Road Blocks / Challenges | - Lack of Skilled Professionals
|
Gaps & Opportunities | - Rapid Development in Biotech Industry
- Growing Market of Culture Medium
|
Market Leaders and their expansionary development strategies
In February 2020, Neogen Corporation acquired Abtek Biologicals Ltd., intending to increase its current portfolio. The acquisition was projected to accelerate the growth of Neogen's global microbiology business.
In November 2021, Biotecnica launched a new line of low endotoxin EndoLow peptones that do not require ultrafiltration. EndoLow Peptones are next-generation peptones developed for the production of medications, vaccines, and diagnostic products.
Key Target Audience
Peptone Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.