Home > Healthcare > Analytical Instruments > Molecular Analysis > Horseradish Peroxidase Market
Horseradish Peroxidase Market Size
- Report ID: GMI9712
- Published Date: May 2024
- Report Format: PDF
Horseradish Peroxidase Market Size
Horseradish Peroxidase Market size was valued at USD 64.1 million in 2023 and is anticipated to showcase growth at 7.5% CAGR from 2024 and 2032. Increasing demand for immunoassays in disease diagnosis, growing investments in biomedical research, and growing demand for drug development and drug quality control is driving the revenue growth in market. Additionally, advances in enzyme engineering and production are also strengthening the revenue growth in the market.
Horseradish peroxidase is an enzyme derived from the roots of the horseradish plant and belongs to the peroxidase family of enzymes. This enzyme is extensively used in various biochemical, biotechnological, and biomedical applications due to its versatile catalytic properties.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Horseradish Peroxidase Market Size in 2023: | USD 64.1 Million |
| Forecast Period: | 2024 – 2032 |
| Forecast Period 2024 – 2032 CAGR: | 7.5% |
| 2024 – 2032 Value Projection: | USD 121.7 Million |
| Historical Data for: | 2021 – 2023 |
| No. of Pages: | 155 |
| Tables, Charts & Figures: | 278 |
| Segments covered: | Substrate, Grade, Application, End-user, and Region |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Frequently Asked Questions (FAQ) :
Horseradish Peroxidase Market Scope
