What are the recent trends in market size and growth for the serine proteases market?
The serine proteases market size has grown rapidly in recent years. It will grow from $2.26 billion in 2024 to $2.52 billion in 2025 at a compound annual growth rate (CAGR) of 11.4%. 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 $3.83 billion in 2029 at a compound annual growth rate (CAGR) of 11.0%. 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.
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How have varous drivers impacted the growth of the serine proteases market?
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 October 2023, according to the Agriculture and Agri-Food Department of a Canada-based government department, in 2022 exports of processed food and beverage products reached a historic high of $54.3 billion, marking a 14.1% rise from the previous year and constituting 34.7% of the total production value. Therefore, the expansion of the food and beverage industry is driving the growth of the serine proteases market.
What are the primary segments of the serine proteases market?
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
Subsegments:
1) By C1r: C1r Enzyme Subunit, C1r Inhibitors And Modulators, C1r Activity Assays, Recombinant C1r Proteins
2) By C1s: C1s Enzyme Subunit, C1s Inhibitors And Modulators, C1s Activity Assays, Recombinant C1s Proteins
3) By C3a: C3a Receptor Agonists, C3a Peptides, C3a Receptor Antagonists, C3a Activity Assays
4) By C3b: C3b Fragment (Activated C3), C3b Receptor Interactions, C3b Inhibitors And Modulators, C3b Activity Assays
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Which firms are leading the serine proteases market?
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.
How will industry trends affect the trajectory of the serine proteases market?
Major companies operating in the serine protease market focus on developing innovative solutions, such as protease enzymes, to enhance drug efficacy, improve industrial processes, and create advanced formulations for personal care. This focus on innovation drives growth and addresses specific market needs across various industries. Protease enzymes are biological catalysts that break down proteins into smaller peptides or amino acids by cleaving peptide bonds. For instance, in May 2024, Biocatalysts Ltd., a UK-based biotechnology company, launched PromodTM 327L and PromodTM 295L, which are advanced protease enzymes that enhance the efficient hydrolysis of collagen into neutral-tasting, low molecular-weight peptides. Their benefits include improved flavor, faster processing times, and versatility across dietary supplements, cosmetics, and biomedical applications.
Which geographic trends are shaping the serine proteases market, and which region has the highest market share?
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.
What Does The Serine Proteases Market Report 2025 Offer?
The serine proteases market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Serine proteases are enzymes that cleave peptide bonds in proteins featuring a distinctive structure, with two beta-barrel domains converging at the catalytic active site. These enzymes are ubiquitous in both eukaryotes and prokaryotes and play roles in various physiological and pathological processes.
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