The Latin America, Middle East and Africa Trypsin Market is projected to witness market growth of 7.6% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Trypsin Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $2.43 million by 2031. The Argentina market is showcasing a CAGR of 8.5% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7.3% during (2024 - 2031).
The adoption of trypsin as a critical enzyme spans various industries and scientific disciplines, driven by its efficacy, reliability, and versatility. In the food industry, trypsin is employed in various processing techniques to improve food products' quality and sensory attributes.
Moreover, trypsin is a valuable tool for studying protein structure-function relationships and screening potential drug candidates in pharmaceutical research. Trypsin can generate peptide fragments for structure determination or high-throughput screening assays by selectively cleaving peptide bonds in target proteins.
With the growth of the food processing industry, there is significant investment in research and development. Brazilian food companies are likely to explore innovative uses of trypsin in creating new food products and improving existing ones. This drives the development and application of trypsin within the industry. As per the U.S. Department of Agriculture, Brazil’s food processing sector registered revenues of US$208 billion in 2022, an increase of 16.6 percent compared to 2021. The result represents 10.8 percent of the national GDP.
The Brazil market dominated the LAMEA Trypsin Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $2.43 million by 2031. The Argentina market is showcasing a CAGR of 8.5% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7.3% during (2024 - 2031).
The adoption of trypsin as a critical enzyme spans various industries and scientific disciplines, driven by its efficacy, reliability, and versatility. In the food industry, trypsin is employed in various processing techniques to improve food products' quality and sensory attributes.
Moreover, trypsin is a valuable tool for studying protein structure-function relationships and screening potential drug candidates in pharmaceutical research. Trypsin can generate peptide fragments for structure determination or high-throughput screening assays by selectively cleaving peptide bonds in target proteins.
With the growth of the food processing industry, there is significant investment in research and development. Brazilian food companies are likely to explore innovative uses of trypsin in creating new food products and improving existing ones. This drives the development and application of trypsin within the industry. As per the U.S. Department of Agriculture, Brazil’s food processing sector registered revenues of US$208 billion in 2022, an increase of 16.6 percent compared to 2021. The result represents 10.8 percent of the national GDP.
List of Key Companies Profiled
- Merck Millipore (Merck KGaA)
- Novozymes A/S (Novo Holdings A/S)
- Agilent Technologies, Inc.
- Thermo Fisher Scientific, Inc.
- Promega Corporation
- Takara Bio Inc. (Takara Holdings Inc.)
- Sartorius AG
- PromoCell GmbH
- Geno Technology, Inc.
- Bio-Rad Laboratories, Inc.
Market Report Segmentation
By Source- Bovine
- Porcine
- Others
- Biotechnology & Pharmaceutical Industry
- Food Industry
- Cosmetics & Personal Care
- Waste Treatment
- Others
- Industrial use
- Research
- Diagnostics
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Trypsin Market by Source
Chapter 5. LAMEA Trypsin Market by Application
Chapter 6. LAMEA Trypsin Market by End-use
Chapter 7. LAMEA Trypsin Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Merck Millipore (Merck KGaA)
- Novozymes A/S (Novo Holdings A/S)
- Agilent Technologies, Inc.
- Thermo Fisher Scientific, Inc.
- Promega Corporation
- Takara Bio Inc. (Takara Holdings Inc.)
- Sartorius AG
- PromoCell GmbH
- Geno Technology, Inc.
- Bio-Rad Laboratories, Inc.
Methodology
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