The report is designed to provide a holistic view of the Serine Protease Assay Market . It provides the industry overview with market growth analysis with a historical futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). Regional estimates and forecasts trend analysis for eac country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa, etc.), and region (North America, Europe, Asia-Pacific, Middle East and Africa (MEA), and Latin America) are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19.
Data Bridge Market Research analyses that the serine protease assay market was valued at USD 2.29 billion in 2021 and is expected to reach USD 3.87 billion by 2029, registering a CAGR of 6.4% during the forecast period of 2022 to 2029.
Top Companies in theSerine Protease Assay Market
Thermo Fisher Scientific Inc. (US), Merck KGaA (Germany), Bio-Rad Laboratories, Inc. (US), Novozymes A/S (Denmark), Novus Biologicals (US), Promega Corporation (US), Solaray (US), Biocatalysts Limited (UK), TIEN (Tianjin) Pharmaceutical Co. Ltd. (China), Amano Enzyme Inc. (USA), Jiahe Biotech (China), Hua Yang Berhad (China), DSM (Netherlands), DuPont (US), Koninklijke Philips N.V. (Netherlands), Advanced Enzyme Technologies (India), Associated British Foods plc (UK), Chr. Hansen Holdings A/S (Denmark), Dyadic International Incorporated (US)
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This report segments theSerine Protease Assay Market are:
Product Type
C1r
C1s
C3a
C3b
On the basis of product type, the serine protease assay market is segmented into C1r, C1s, C3a, and C3b.
Applications
Digestive System
Blood Coagulation System
Complement System
Others
Drivers
Increasing demand from food as well as pharmaceutical industry
The rising demand from the food and pharmaceutical industry will propel the market's growth rate during 2022-2029. Serine proteases have seen a significant increase in global demand for protease enzymes as a result of industrial growth. Serine protease market is projected to remain positive in numerous industries such as food and drinks, leather, and pharmaceuticals in the worldwide protease enzyme market. Serine proteases are commonly employed in the food and beverage industries to make high-nutrition protein hydrolysates.
Furthermore, the growing number of applications of serine protease assays in molecular biology, biofuels, and others will be a major factor influencing the growth of the serine protease assay market. Along with this, increasing urbanization and rising level of disposable income are the driving factors accelerating the growth of the serine protease assay market. Also, increasing expenditure on healthcare infrastructure and rising demand for cleaning formulations are the major market drivers that will further escalate the growth of serine protease assay market.
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