Global Trypsin Market Growth 2023-2029

Global Trypsin Market Growth 2023-2029

Product Code:451322

Published Date: Feb 08,2023

Pages: 101

Region: Global

Category: Chemical & Material

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Trypsin is an enzyme that aids with digestion. An enzyme is a protein that speeds up a certain biochemical reaction. Trypsin is found in the small intestine. It can also be made from fungus, plants, and bacteria. However, it is usually made for commercial purposes from the pancreas of livestock.

Trypsin is a serine protease found in the digestive system of many vertebrates where it hydrolyzes proteins. Through trypsinisation, it cleaves peptides at the carboxyl side of arginine and lysine, unless they are followed by a proline.

Trypsin has an optimal operating pH of about 7.5-8.5 and optimal operating temperature of about 37°C. Unlike chymotrypsin, the activity of trypsin is not affected by the inhibitor tosyl phenylalanyl chloromethyl ketone (TPCK).

LPI (LP Information)' newest research report, the “Trypsin Industry Forecast” looks at past sales and reviews total world Trypsin sales in 2022, providing a comprehensive analysis by region and market sector of projected Trypsin sales for 2023 through 2029. With Trypsin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Trypsin industry.

This Insight Report provides a comprehensive analysis of the global Trypsin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Trypsin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Trypsin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Trypsin and breaks down the forecast by source, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Trypsin.

The global Trypsin market size is projected to grow from US$ 214.3 million in 2022 to US$ 374.5 million in 2029; it is expected to grow at a CAGR of 374.5 from 2023 to 2029.

North America and Asia Pacific is the largest market for trypsin, accounting for about 65%.

Thermo Fisher, Biozym and Corning are the leading producers, accounting for about 60% of the total.

This report presents a comprehensive overview, market shares, and growth opportunities of Trypsin market by product source, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by source
    Bovine Trypsin
    Porcine Trypsin

Segmentation by application
    Manufacturing
    Research

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Thermo Fisher
    Merck
    Corning
    Cytiva
    Bioseutica
    Lonza
    Sartorius
    BBI Group
    Geyuantianrun Bio-tech
    Linzyme Biosciences

Key Questions Addressed in this Report
What is the 10-year outlook for the global Trypsin market?
What factors are driving Trypsin market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Trypsin market opportunities vary by end market size?
How does Trypsin break out source, application?
What are the influences of COVID-19 and Russia-Ukraine war?