Global Horseradish Peroxidase (HRP) Market Insights, Forecast to 2025

Pierce Horseradish Peroxidase (HRP) is purified horseradish peroxidase enzyme for use in activity assays and conjugation to antibodies for ELISA, Western blot and Research applications.
In the last several years, Global market of Horseradish Peroxidase (HRP) developed rapidly, with an average growth rate of 8.37%. In 2016, the actual production is about 92.99 Kg.

The global average price of Horseradish Peroxidase (HRP) is in the increasing trend, from 376 USD/g in 2012 to 379USD/g in 2016. With the situation of global economy, prices will be in increasing trend in the following five years.

The classification of Horseradish Peroxidase (HRP) includes Grade Ⅲ, Grade Ⅱ and Grade Ⅰ, and the proportion of Grade Ⅲ in 2016 is about 42%.

Horseradish Peroxidase (HRP) is widely used in Diagnostic Reagents, Research and Other The most proportion of Horseradish Peroxidase (HRP) is used in Diagnostic Reagents, and the proportion in 2016 is 74%.

North America is the largest consumption place, with a consumption market share nearly 46.74% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 28.93%.

Market competition is not intense TOYOBO, Merck Millipore, Thermo Fisher, BBI Solutions etc. are the leaders of the industry, with high-end customers; have been formed in the monopoly position in the industry.

The global Horseradish Peroxidase (HRP) market is valued at 38 million US$ in 2018 and will reach 73 million US$ by the end of 2025, growing at a CAGR of 8.5% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Horseradish Peroxidase (HRP) market based on company, product type, end user and key regions.

This report studies the global market size of Horseradish Peroxidase (HRP) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Horseradish Peroxidase (HRP) in these regions.
This research report categorizes the global Horseradish Peroxidase (HRP) market by top players/brands, region, type and end user. This report also studies the global Horseradish Peroxidase (HRP) market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:
TOYOBO
Merck Millipore
Thermo Fisher
BBI Solutions
Enzybel International
Creative Enzymes
Yacoo
Xueman
Worthington
Starbio
Scripps Laboratories

Market size by Product
GradeⅠ
Grade Ⅱ
Grade Ⅲ
Market size by End User
Diagnostic Reagents
Research
Other

Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global Horseradish Peroxidase (HRP) market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Horseradish Peroxidase (HRP) market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Horseradish Peroxidase (HRP) companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Horseradish Peroxidase (HRP) submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Horseradish Peroxidase (HRP) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million US$) and volume (Kg). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Horseradish Peroxidase (HRP) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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