Trypsin is a proteolytic enzyme that is secreted by the pancreas and helps in digestion by breaking down proteins. It finds wide application in pharmaceutical, biotechnology and medical research sectors for processes like cell culture, tissue dissociation and protein digestion. Trypsin helps isolate and purify specific proteins, antibodies and enzymes from biological samples. It is commonly used in cell culture for dissociating adherent cells from the surface of culture vessels when they are to be subcultured or harvested. Trypsin plays an important role in various medical tests and research involving sample preparation methods.

The global trypsin market is estimated to be valued at US$ 46.72 Mn in 2024 and is expected to exhibit a CAGR of 8.6% over the forecast period 2024 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:
The wide application scope of trypsin in cell culture, tissue dissociation and protein digestion across pharmaceutical, biotechnology and medical sectors acts as a key driver for market growth. The increasing focus on cell-based research for development of new biotherapeutics and diagnostics also spurs the demand for trypsin. However, the availability of alternatives to trypsin and stringent regulations associated with its production and handling may hamper market growth over the forecast period. Rising healthcare expenditure in emerging economies is expected to offer lucrative growth opportunities for players in the trypsin market.

SWOT Analysis

Strength:
Trypsin is used for various biomedical applications like cell culture and drug discovery. The widespread applications drive the demand.
It has the ability to hydrolyze keratin and allows dissociation & passaging of adherent cells from tissue culture flasks. This improves work efficiency.
Increase in R&D activities to develop effective drug therapies has fueled the consumption of trypsin.

Weakness:
Exposure to trypsin can cause allergic reactions in sensitive individuals as it can induce irritation and inflammation. Strict safety regulations need to be followed during handling.
Quality of trypsin varies between different manufacturers which affects consistency.

Opportunity:
Growth of pharmaceutical and biotechnology industries worldwide has opened opportunities for trypsin usage in various research processes.
Cell-based research for developing therapeutic strategies like cancer vaccines and regenerative medicine offers scope to trypsin market.

Threats:
Trypsin from animal sources poses biosafety risks. Alternatives like recombinant trypsin produced from microbial sources could capture market share.
Stiff competition exists from other proteolytic enzymes that perform similar cellular dissociation functions.

Key Takeaways

The global Trypsin Market Growth is expected to witness high growth over the forecast period. The global Trypsin Market is estimated to be valued at US$ 46.72 Mn in 2023 and is expected to exhibit a CAGR of 8.6% over the forecast period 2023 to 2030.

Regional analysis shows that North America currently dominates the market due to presence of major biopharmaceutical players and advanced research infrastructure. The trypsin market in Asia Pacific is expected to grow at the fastest pace with increasing R&D investments and demand for biosimilars in countries like India and China.

Key players operating in the trypsin market are Pfizer, Inc., GlaxoSmithKline plc, Johnson & Johnson Services, Inc., Merck & Co., Inc., Novartis AG, Allergan. Trypsin being used in bulk quantities for cell-based research by pharmaceutical companies and emergence of microbial sources of trypsin to address safety issues are major factors that could strengthen market positioning of these players.

For more insights, read- https://www.pressreleasebulletin.com/trypsin-market-trends-size-and-share-analysis/

 

For more details on the report,  Read- https://www.shayaricenter.com/natures-barcodes-biomarkers-illuminate-paths-to-wellness-and-scientific-breakthroughs