Global Peptone market will reach 200 million US$ by the end of 2025
Published Date: 2019/1/17
Peptone is an organic compound providing carbon source, organic nitrogen source, growth factors and other nutrients for the microorganisms, cell. Peptone is obtained from meat, casein, gelatin, soy, pea, wheat, potato, and other proteins.
Pharmaceutical industry is the largest market of peptone, with market share of 44.30% in 2017. The market share of pharmaceutical industry varies with conditions in different countries, with India and European countries enjoys higher ratio than the other counties.
Peptone can be classified as animal peptone, vegetal peptone and others in terms of source. Vegetal peptone is the major kind of peptone due to its stable quality and reasonable price. It’s market share reached to 55.98% in 2017. The market of peptone is quite concentrated, with USA, Europe, China and India as the major producing area.
The largest producers of peptone in the worldwide are Solabia, Kerry, Friesland Campina Domo, Biospringer, Tianjiu and Titan Biotech, which takes a combined revenue share of 39.56% in 2017. The largest producing regions of peptone are China, Europe and USA.
The global Peptone market is valued at 180 million US$ in 2017 and will reach 200 million US$ by the end of 2025, growing at a CAGR of 1.4% during 2018-2025.
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