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Casein Peptone Market Size

  • Report ID: GMI5965
  • Published Date: Jun 2023
  • Report Format: PDF

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.

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.
 

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of casein peptone surpassed USD 392 million in 2022 and is estimated to reach more than USD 600 million by the end of 2032. With the growing demand for microbial testing & 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.

Technical grade casein peptone segment will cross USD 450 million by 2032, as the product is extensively used in culture media for the isolation and identification of microorganisms in clinical diagnostics and research laboratories.

The U.S. dominated North America market with a revenue of USD 55.90 million in 2022 and it will o expand at a significant pace from 2023 to 2032, backed by the rapid development and increased investment in the biopharmaceutical sector in the region.

Apollo Scientific Ltd, Amyl Media Pvt Ltd, Neogen Corporation, Merck KGaA, MP Biomedicals LLC, Carl Roth Gmbh & Co. KG, and Azelis Americas, LLC.

Casein Peptone Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 284
  • Countries covered: 19
  • Pages: 350
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