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Global Trypsin Market Size study, By Source, By Application, By End-use, and Regional Forecasts 2024-2032

Global Trypsin Market Size study, By Source, By Application, By...

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Global Trypsin Market Size study, By Source, By Application, By End-use, and Regional Forecasts 2024-2032
Global Trypsin Market Size study,...
Report Code
RO1/103/2922

Publish Date
30/Aug/2024

Pages
200
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Global Trypsin Market is valued at approximately USD 91.6 million in 2023 and is anticipated to grow with a healthy growth rate of more than 4.92% over the forecast period 2024-2032. Trypsin is a digestive enzyme produced in the pancreas that breaks down proteins into smaller peptides within the small intestine. It is secreted as the inactive precursor trypsinogen, which is activated by enter peptidase. These digestive enzyme plays a crucial role in nutrient absorption and regulate other digestive enzymes by converting them from their inactive forms to active states, ensuring efficient digestion. Additionally, the rising focus on advanced therapeutics are gaining attention in the Global Trypsin Market. Trypsin is crucial in cell culture processes to dissociate adherent cells from the surface of culture vessels. This step is essential for subculturing, which maintains and expands cell lines used in producing vaccines and therapeutic proteins. By enabling the controlled detachment and passage of cells, trypsin ensures the continuous growth and health of cell cultures. This is vital for large-scale production of vaccines, such as those for viral diseases, and therapeutic proteins, including monoclonal antibodies.

The Global Trypsin Market is driven by increasing demand for biopharmaceuticals and growing demand for processed foods across the world. Trypsin is essential in biopharmaceutical production processes, such as cell culture for maintaining and expanding cell lines, and protein purification for ensuring product quality and consistency. Innovations in biotechnology and increased investments in pharmaceutical research further propel the trypsin market, highlighting its critical role in developing modern therapeutics. In addition, trypsin is used to improve the texture and flavor of various food products, as well as in protein hydrolysis to produce protein-rich food additives and supplements. The enzyme aids in breaking down proteins into peptides and amino acids, enhancing the nutritional value and digestibility of processed foods. However, specific requirements for drug approvals and risk of allergic reactions are going to impede the overall demand for the market during the forecast period 2024-2032.

The key regions considered for the Global Trypsin market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America was the largest regional market in terms of revenue owing to factors such as increasing focus on therapeutics solutions for colorectal cancer across the region. Many colorectal cancer therapies, including monoclonal antibodies and targeted biologics, rely on recombinant protein technology. Trypsin plays a crucial role in protein purification processes by breaking down fusion tags and facilitating the isolation of therapeutic proteins with high purity. Furthermore, the market in Asia Pacific is expected to develop at the fastest rate over the forecast period 2024-2032.

Major market players included in this report are:
Novozymes A/S
Agilent Technologies Inc
Thermo Fisher Scientific Inc
Sartorius AG
Promega Corporation
Bovogen Biologicals Pty Ltd
Zymetech ehf
BBI Solutions LLC
PromoCell GmbH
Ningbo Linzyme Biosciences Ltd
The detailed segments and sub-segment of the market are explained below:
By Source
Porcine
Bovine
Others
By Application
Biotechnology and Pharmaceutical Industry
Food Industry
Cosmetics and Personal Care
Waste Treatment
Others
By End-use
Research
Diagnostics
Industrial use
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

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