Peptone is an organic compound providing carbon source, organic nitrogen source, growth factors and other nutrients for the microorganisms, cell. Peptone is obtained from meat, casein, gelatin, soy, pea, wheat, potato, and other proteins.
Scope of the Report:
The pharmaceutical industry is the largest market of peptone, with a market share of 44.30% in 2017. The market share of the pharmaceutical industry varies with conditions in different countries, with India and European countries enjoy a higher ratio than the other counties.
Peptone can be classified as animal peptone, vegetal peptone, and others in terms of source. Vegetal peptone is the major kind of peptone due to its stable quality and reasonable price. It’s market share reached to 55.98% in 2017. The market of peptone is quite concentrated, with the USA, Europe, China, and India as the major producing area.
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The report forecasts the global Peptone market to grow to reach $$ Million USD in 2019 with a CAGR of –% during the period 2020-2025.
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