Press release
Horseradish Peroxidase (HRP) Market Anticipated to Reach 8.5% by Top 10 Global Key Players: TOYOBO, Merck Millipore, Thermo Fisher, BBI Solutions, Enzybel International, Creative Enzymes, Yacoo, Xueman, Worthington
Horseradish Peroxidase (HRP) Market
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.
Some of the leading Companies incorporated in this Research are TOYOBO, Merck Millipore, Thermo Fisher, BBI Solutions, Enzybel International, Creative Enzymes, Yacoo, Xueman, Worthington, Starbio, Scripps Laboratories.
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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 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 size by Product
GradeⅠ
Grade Ⅱ
Grade Ⅲ
Market size by End User
Diagnostic Reagents
Research
Other
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