Over the next five years the Pepsin market will register a 10.2% CAGR in terms of revenue, and the global market size will reach US$ 32 million by 2027.
Pepsin Market Overview
Pepsin is an endopeptidase which helps break down proteins into amino acids. Pepsin is produced in the chief cells of the stomach lining of humans and several other animals, where it helps digest the proteins in food. These enzymes serve as a link among the types of amino acids during the process of digestion. This enzyme is active at acidic temperatures between 37°C and 42°C. It is extracted from the glandular layer of hog stomach which is used in the manufacturing of cheese from curdling milk. The use of this component makes pre-cooked cereals into instant hot cereals.Pepsin is a naturally occurring digestive protein found in the highly acidic environment of the stomach. For commercial applications, pepsin is used extensively as a digestive enzyme supplement in the pharmaceutical industry.Of the end-use industries considered, consumption of pepsin can be significantly observed in pharmaceuticals, which accounts for nearly 50% of overall pepsin demand, owing to extensive utilization in the manufacture of lifesaving drugs.The key factors which are affecting the market contain, drastic change in lifestyle and rise in the number of working women, who are susceptible to consume ready to eat food products would help the industry grow in the forecast period. The surge in the demand prosed from the end user industries in order to growth in the manufacturing of the supplements, is anticipated to help the market grow in the coming years. The progress in the need for dietary supplements for healthier lifestyle and the increase in the demand for instant food products and surge in the sales of bakery food products are expected to boost the industry in the forecast period.
Industry News and Updates
March 06, 2020 (Wired Release) Prudour Pvt. Ltd: The Continuing Growth Story Of Pepsin Market report consists of important parts, which present many aspects of the worldwide market with provides more accurate and meaningful information about the market status and future trends, trade matrix, management decisions, corporation positioning for short-term, mid-term and long-term during the forecast period 2020-2029 and much more. It provides market figures and accurate estimates calculated using the latest primary and secondary survey techniques.
What are the major Applications, Types and Regions for Pepsin Market?
Pepsin Market is segmented based on the type, applications, companies and regions.
By Type, Pepsin Market has been segmented into
- High Activity (min. 1:10000)
- Low Activity (below 1:10000)
The end user’s industry application on Pepsin Market is,
- Pharmaceuticals
- Inspection & Quarantine
- Health Supplements
- Other
Pepsin Market Regional Analysis
Europe accounts for almost 1/3 of the worldwide pepsin market. Germany has been selected as a market with potential due to its constant expansion in the pharmaceutical industry.BIOZYM is in charge of creating and producing pepsin in large quantities in the country. Europe is a significant market for pepsin, both in terms of production and consumption, with revenues expected to reach US$ 351 million by the end of 2027.
North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Pepsin Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 10.2% over the forecast period (2022-2027)
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By Type
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- High Activity (min. 1:10000)
- Low Activity (below 1:10000)
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By Application
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- Pharmaceuticals
- Inspection & Quarantine
- Health Supplements
- Other
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By Companies
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A. Constantino & C.(Italy), Mitushi Pharma(India), Biolaxi (India), Kin Master(Brazil), Feideli Pharmaceutical(China), Sichuan Deebio Pharmaceutical(China), Chongqing Qquanxin Xiangsheng(China), Sichuan Biosyn Pharmaceutical(China)
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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97
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Pepsin Report
- Evaluate Pepsin market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Pepsin market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Pepsin Market is studied from 2017 - 2027.
What is the growth rate of Pepsin Market?
The Pepsin Market is growing at a CAGR of 10.2% over the next 5 years.
What regions does this Pepsin Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
