The serine proteases from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Serine Proteases Market, 2024 report by The Business Research Company offers
comprehensive insights into the current state of the market and highlights
future growth opportunities.
Market Size -
The serine proteases market size has grown rapidly in recent years. It will
grow from $2.04 billion in 2023 to $2.26 billion in 2024 at a compound annual
growth rate (CAGR) of 10.9%. The growth
in the historic period can be attributed to increasing prevalence of diseases
where enzyme, increased funding and grants for protease-related research,
regulatory support and incentives, advancements in genetic engineering, and
rise in demand for serine protease in food.
The serine proteases market size is expected to see rapid growth in the next
few years. It will grow to $3.45 billion in 2028 at a compound annual growth
rate (CAGR) of 11.2%. The growth in the
forecast period can be attributed to expansion of industrial applications,
growing awareness and adoption, rising prevalence of chronic diseases,
increasing demand in biotechnology and pharmaceuticals, and increasing
incidence of digestive disorders. Major trends in the forecast period include
technological advancements, development of inhibitors for treating diseases,
customized therapeutic approaches, adoption of CRISPR technology, and
advancements in omics technologies.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/serine-proteases-global-market-report
Scope Of Serine Proteases Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Serine Proteases Market Overview
Market Drivers -
The expansion of the food and beverage industry is expected to propel the
growth of the serine proteases market going forward. The food and beverage
industry encompasses all businesses involved in producing, processing,
packaging, distributing, and selling food and drink products. The expansion of
the food and beverage industry is due to the increasing global population,
migration of people to urban areas, and innovations in production, processing,
and distribution to improve efficiency. The application of serine proteases
enhances the quality, flavor, and functionality of food and beverage products,
contributing to innovation and efficiency in the industry. For instance, in
April 2024, according to the Australian Bureau of Statistics, an Australian
government statistical agency, sales of food and non-alcoholic beverages in
Australia's supermarkets, grocery stores, convenience, and specialty food
stores amounted to 15.1 million tonnes in the fiscal year 2021-22, compared to
the 14.8 million tonnes sold in the fiscal year of 2020-21. Therefore, the
expansion of the food and beverage industry is driving the growth of the serine
proteases market.
Market Trends -
Major companies operating in the serine protease market focus on developing
innovative solutions, such as high-performance protease enzymes, to address the
growing demand in various applications, including pharmaceuticals,
biotechnology, and industrial processes. High-performance protease enzymes are
advanced proteolytic enzymes engineered for superior catalytic efficiency,
stability, and selectivity, exhibiting increased turnover rates and greater
resistance to extreme conditions. For instance, in November 2021, Biocatalysts
Ltd, a UK-based biotechnology company, launched Promod 324L, a novel protease
enzyme tailored for the pet food sector. It brings forth numerous advantages,
such as enhancing the processability of animal protein by elevating solubility
and decreasing viscosity, efficiently breaking down tough animal tissue to yield
a protein hydrolysate with augmented accessible protein content, and improving
the digestibility of animal protein, enhancing nutritional absorption and
maximizing the value of formerly discarded by-products.
The serine proteases market covered in this report is segmented –
1) By Type: C1R, C1S, C3A, C3B
2) By Application: Digestive System, Blood Coagulation System, Complement
System, Other Applications
3) By End-Use: Dietary Supplements, Nutraceuticals, Pharmaceutical, Industrial,
Other End-Uses
Get an inside scoop of the serine proteases market, Request now for Sample
Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=16185&type=smp
Regional Insights -
Asia-Pacific was the largest region in the serine proteases market in 2023. The
regions covered in the serine proteases market report are Asia-Pacific, Western
Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies -
Major companies operating in the serine proteases market are BASF SE, Thermo Fisher Scientific Inc., Roche
Holdings Inc., Merck KGaA, Lonza Group, Novozymes A/S, QIAGEN N.V., GenScript
Biotech Corporation, Promega Corporation, BioLegend Inc., R&D Systems Inc.,
Sino Biological Inc., Codexis Inc., New England Biolabs Inc., BBI Solutions
Ltd., BRAIN Biotech AG, Cayman Chemical Company, RayBiotech Inc., BioCat GmbH,
Enzo Life Sciences Inc., ProSpec-Tany TechnoGene Ltd.
Table of Contents
1. Executive Summary
2. Serine Proteases Market Report Structure
3. Serine Proteases Market Trends And Strategies
4. Serine Proteases Market – Macro Economic Scenario
5. Serine Proteases Market Size And Growth
…..
27. Serine Proteases Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model:
https://www.thebusinessresearchcompany.com/global-market-model
No comments:
Post a Comment