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Casein Peptone Market Size
Casein Peptone Market size valued at USD 392.17 million in 2022 and is estimated to witness 4.4% CAGR from 2023 to 2032. Casein peptone is widely used as a nutrient source in microbiological culture media for the growth of microorganisms. With the growing demand for microbial testing and research activities in various industries such as pharmaceuticals, biotechnology, and food, there is an increasing need for high-quality casein peptone to support microbial growth and identification.
The increased use of casein in the production of biopharmaceuticals, including vaccines, recombinant proteins, and monoclonal antibodies to augment the market growth. The market growth is driven by factors such as increasing prevalence of chronic diseases, advancements in biotechnology, and growing demand for personalized medicine.
Report Attributes | Details |
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Base Year: | 2022 |
Market Size in 2022: | USD 392.17 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 4.4 % |
2032 Value Projection: | USD 600.26 Million |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 350 |
Tables, Charts & Figures: | 284 |
Segments covered: | Type, Form, Grade, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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The casein peptone market faces competition from other protein sources, both animal-based (such as soy, gelatin, and fish) and plant-based (such as pea, rice, and wheat). As consumer preferences and dietary choices evolve, there may be a shift towards alternative protein sources, which could impact the demand for casein peptone. Manufacturers need to continuously innovate and promote the unique benefits of casein peptone to maintain its market position in the face of increasing competition.
COVID-19 Impact
The need for diagnostic testing, including microbial testing and identification, has surged during the pandemic. Casein peptone is a crucial component in microbiological culture media used for microbial growth and identification. The increased demand for testing has consequently driven the demand for casein peptone. The development and production of biopharmaceuticals, including vaccines and therapeutic proteins, have been a major focus during the pandemic. Casein peptone is commonly used in the cell culture and fermentation processes of biopharmaceutical production. The heightened demand for biopharmaceuticals has led to an increased demand for casein peptone as well.
Casein Peptone Market Trends
The shifting trend towards plant-based alternatives in various industries, including pharmaceuticals, biotechnology, and food to pave way for the market growth. The increasing adoption of vegan and vegetarian diets is contributing to the demand for animal-free alternatives. The number of vegans in the U.S. has increased by 600% from 2014 to 2017, and between 2018 to 2022 the number of vegans in the U.S. increased by 500%. This trend is driven by factors such as ethical considerations, sustainability concerns, and dietary preferences.
The manufacturers in the casein peptone market are exploring and developing plant-based or alternative protein sources to cater to this demand. Also, with the increasing demand for high-quality products, there is a growing emphasis on maintaining consistent quality standards in casein peptone production. Manufacturers are investing in advanced technologies and stringent quality control measures to ensure batch-to-batch consistency, purity, and reliability of their casein peptone products. This trend is particularly important in applications where reproducibility and reliability are critical, such as in biopharmaceutical production.
Casein Peptone Market Analysis
The casein peptone market size from acid hydrolyzed segment held over USD 227.73 million in 2022 and is expected to expand at 4.9% CAGR through 2032. High share of acid hydrolyzed casein peptone is attributed to its cost-effectiveness. The acid hydrolysis process involves the use of strong acids to break down casein proteins into smaller peptides and amino acids. This method is relatively simpler and less expensive compared to enzymatic hydrolysis, which requires the use of specific enzymes to achieve protein degradation. The lower production costs associated with acid hydrolysis make it a preferred choice for many manufacturers thereby driving the market growth.
In 2022, powdered casein peptone market was reached USD 275.40 million and is set to cross USD 435.68 million by 2032, driven by its superior shelf stability and a longer storage life compared to the liquid form. The moisture content is significantly reduced in the powder form, effectively inhibiting microbial growth and degradation. Thus, making the product easier to store and transport without the need for specialized storage conditions or refrigeration. These advantageous properties of powdered casein peptones are contributing to the increasing product demand.
The technical grade casein peptone market size surpassed USD 292.89 million in 2022 and is poised to reach USD 450.32 million by 2032. Technical grade casein peptone is extensively used in culture media for the isolation and identification of microorganisms in clinical diagnostics and research laboratories. With the rising prevalence of infectious diseases and the demand for accurate and rapid diagnostic methods, the demand for technical grade casein peptone in the diagnostic sector is growing.
The biopharmaceuticals application dominated around USD 168.67 million revenue in 2022 and is will exceed USD 264.60 million by 2032 at a CAGR of 4.6, attributed to its ability to support robust cell growth and high protein yields. Biopharmaceuticals, such as therapeutic proteins, monoclonal antibodies, and vaccines, are produced using mammalian cell cultures or microbial fermentation systems. Casein peptone provides essential amino acids, peptides, and growth factors necessary for cell growth, viability, and protein expression.
Increasing demand for casein peptone as personal care ingredient owing to its moisturizing, conditioning, and strengthening properties will drive the casein peptone market growth. Casein peptone can also be used as a food additive in certain applications including as a flavor enhancer, nutritional supplement and in meat processing.
U.S. dominated the North American region with majority market share and a revenue of USD 55.90 million in 2022. The biopharmaceutical industry is experiencing significant growth in the US. According to the FDA, from 2010 to 2020, the number of biologic license applications (BLAs) approved increased significantly, indicating the growing interest and investment in biopharmaceutical development. Rapid development and increased investment in the biopharmaceutical industry to surface significant growth opportunities for casein peptone market in the region. As casein peptone is a crucial component in cell culture media for biopharmaceutical production, the rising demand for biopharmaceuticals directly drives the demand for casein peptone.
Casein Peptone Market Share
The casein peptone market is characterized by the presence of several leading companies, including:
- Apollo Scientific Ltd
- Amyl Media Pvt Ltd
- Neogen Corporation
- Merck KGaA
- MP Biomedicals LLC
- Carl Roth Gmbh & Co
- KG, and Azelis Americas, LLC.
These companies have established themselves as key players in the market, offering a diverse range of casein peptone products and solutions. With their industry experience, research capabilities, and global presence, these companies play a significant role in driving innovation, meeting customer demands, and maintaining a competitive position in the Casein Peptone industry.
Casein Peptone Industry News:
- In October 2021, Biotecnica a major manufacturer of culture media ingredients such as peptones digests, has launched new line of low endotoxin peptones that don’t need ultrafiltration and they are significantly less costly than ultrafiltered equivalents.
This casein peptone market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilo Tons and revenue in USD Million from 2018 to 2032 for the following segments:
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Market, By Type
- Acid Hydrolyzed
- Enzymatic Hydrolyzed
Market, By Form
- Powder
- Liquid
Market, By Grade
- Technical
- Pharmaceutical
Market, By Application
- Biopharmaceuticals
- Food and Beverage
- Cosmetics and Personal Care
- Microbial Culture Media
- Others
The above information has been provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Asia Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
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