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Pepsin Market surpass US$ 3.9 Bn by 2027 end, reflecting modera

  • The recent study by Fact.MR on global pepsin market offers an 8-year forecast between 2019 and 2027. The study analyzes crucial trends that are currently determining the growth of global pepsin market.

    Pepsin is a protein-degrading, or proteolytic, enzyme used in a wide range of pharmaceutical, and food processing applications.

     

     

    Though demand for pepsin from pharmaceutical industry is seeing a spurt, recent past has witnessed high growth in pepsin for processing of soy protein and gelatin, which is used in an array of applications such as dairy, poultry and meat products. 1:10000 pepsin grade is forecast to be a leading segment in the burgeoning applications of pepsin within these products, reveals Fact.MR in a recently published report on the Global pepsin market. As per the report, global pepsin market is forecast to surpass US$ 3.9 Bn by 2027 end, reflecting moderate growth of under 5% during the assessment period

    For more insights into the Market, Request a Sample of this Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=4483

    Key Takeaways of Global Pepsin Market

    Global pepsin market is forecast to create an absolute opportunity of around US$ 1.1 Bn during the forecast period, adding 1.4X more value as compared to 2019

    Pepsin is primarily used as a pharmaceutical intermediate for formulating digestive drugs, which is a dominant end use, accounting for around half of the global market share

    Use of pepsin as an enzymatic food additive, as a replacement to rennin in the production of certain cheeses is trending, which is forecast to propel demand growth of pepsin within the food industry

    Liquid form of pepsin is the next growth epicenter in the global market, which is poised to gain 732 BPS by 2027

    Owing to wide application of 1:10,000 pepsin grade in pharmaceutical & food industry it is the dominant grade of pepsin with around 40% market share in 2019, however, demand for 1:15,000 grade pepsin is forecast to be on a rapid growth trajectory during the forecast period

     

     

    Contact Information

     

    Fact.MR

     

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    Find More:     https://www.prnob.com/release/show/pepsin-market-surpass-us/44566