According to Future Market Insights, the global Casein Peptone Market is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2033, reaching a valuation of USD 395.6 million in 2023 and expected to hit USD 595.7 million by 2033.
The market is also driven by trends such as the increasing popularity of plant-based diets, leading to a growing demand for alternative protein sources like casein. To capitalize on the market’s potential, stakeholders must navigate the competitive landscape, regulatory environments, and consumer preferences. Additionally, advancements in production technologies and the development of sustainable sourcing practices are key factors shaping the future of the casein peptone market.
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To satisfy the rapidly growing microbiology industry, start-up biotechnology manufacturers and suppliers have entered the peptone market
The rapid advancement of the biotech industry drives the growth of the worldwide peptone market. To meet the truly expanding market of lifestyle media, new producers and suppliers have ventured into the peptone market.
Furthermore, creative improvements in the peptone and culture medium are expected to aid the peptone industry. Nevertheless, expensive workroom creation and maintenance costs, as well as a shortage of specialists and experts, stymie industry growth.
Excellent Manufacturing Practices (GMP) demand the pharmaceutical industry to routinely check the sterility of their manufacturing procedures, particularly in cases of aseptic arrangements. Bio Merieux presented two dried out peptone media for the discovery of microorganisms. The media is permitted to prevent the transmission of Transmissible Spongiform Encephalopathies.
Providers should investigate labs or groups that disperse peptones in dried or living structures. Soya, a high-energy starch, is an example of a non-meat peptone. Many studies necessitate the use of distinct peptones in varied fixes to provide the optimal supplement level for improvement, growth, and exact investigation results.
The expansion of the biotechnology industry has heightened interest in peptones. Peptone manufacturers and suppliers have increased in order to meet end-user demand. Furthermore, the biopharmaceutical industry’s growing emphasis on producing cells that are synthetically defined has increased the want for peptones and their improvement with the more substantial assurance of arrangements.
Key Points from the Casein Peptone Market
· The market is expected to surpass USD 595.7 million by 2033.
· Rising disposable incomes, an increasing population, increased awareness of the beneficial characteristics of peptone, a burgeoning pharmaceuticals sector, and rising demand for GMO-free peptones are likely to boost market expansion.
· Casein peptone market is expected to grow at a CAGR of 4.2% during the forecast period 2023 to 2033.
· East Asia dominated the casein peptone market.
Key Development in the Casein Peptone Market
- February 2022 – Thermo Fisher Scientific will expand its bioprocessing manufacturing location in Millersburg, Pennsylvania. The expansion is part of a US$650 million investment by the corporation to provide reliable, scalable, and flexible bioprocessing production for essential commodities.
- October 2021 – Merck KGa and Siemens will work to increase digital machine-to-machine (M2M) trust in industrial value chains.
- February 2020 – Neogen Corporation bought Abtek Biologicals Ltd. with the intention of expanding its present portfolio. The acquisition was expected to accelerate Neogen’s global microbiology business growth.
- November 2021 – Biotecnica will debut a new line of reduced endotoxin EndoLow peptones that do not require ultrafiltration. EndoLow Peptones are next-generation peptones designed for the manufacture of pharmaceuticals, vaccines, and diagnostics.
- April 2021 – FrieslandCampina Ingredients introduced a new range, featuring Excellion Calcium Caseinate S, to aid in the creation of softer protein bars. Nutri Whey 800F, Nutri Whey Isolate, Biotis GOS, and Excellion EM9, as well as the new Excellion Textpro, were also introduced. The portfolio was created as a critical solution to the hardening issue that many formulators are currently facing.
- August 2020 – Arla Foods Ingredients introduced the first organic micellar casein isolate to address manufacturers’ demand for organic, natural, and functional protein products. MicelPure, a novel micellar casein isolate, has at least 87% natural protein. It is appropriate for food, functional health foods, and active nutrition applications because it is low in lactose and fat, heat-stable, and flavourless.
Key Segments
Application:
- Diagnostic Media Production
- Industrial Fermentation
- Biomass Production
- Enzyme Production
- Vaccine Production
- Others
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
- The Middle East and Africa
- Japan
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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