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Penicillin G Acylase Market to Exceed USD 1.1 billion by 2031, Garnering 5.6% CAGR | Transparency Market Research

02-27-2024 11:12 AM CET | Health & Medicine

Press release from: Transparency Market Research

Penicillin G acylase (PGA) is an enzyme that plays a crucial role in the production of semi-synthetic penicillins, a class of antibiotics widely used in the treatment of bacterial infections. The Penicillin G acylase market is integral to the pharmaceutical industry, providing essential enzymes for the efficient and cost-effective production of antibiotics. This article delves into the dynamics of the Penicillin G acylase market, highlighting its significance, key players, emerging trends, and future prospects.

The Penicillin G acylase market primarily revolves around the production and commercialization of this enzyme for industrial applications, particularly in the pharmaceutical sector. Penicillin G acylase is employed in the enzymatic hydrolysis of penicillin G to produce 6-aminopenicillanic acid (6-APA), a key intermediate used in the synthesis of semi-synthetic penicillins.

Penicillin G Acylase market is estimated to attain a valuation of US$ 1.1 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 5.6% during the forecast period, 2022-2031

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The significant players operating in the global Penicillin G Acylase market are

Merck KGaA, Fermenta Biotech Ltd., Biosynth, Amicogen, Creative Enzymes, Crawford Wisdom International, and MuseChem Chemicals.

Drivers of Market Growth:

Growing Demand for Antibiotics: The increasing prevalence of bacterial infections and the emergence of antibiotic-resistant strains drive demand for antibiotics worldwide. Semi-synthetic penicillins, produced using Penicillin G acylase, remain a cornerstone of antibiotic therapy, driving demand for this enzyme in the pharmaceutical industry.

Advancements in Bioprocessing Technologies: Technological advancements in bioprocessing, enzyme engineering, and fermentation techniques have enhanced the production efficiency and scalability of Penicillin G acylase. Improved enzyme formulations, immobilization methods, and reactor designs contribute to higher yields and lower production costs, driving market growth.

Expansion of Pharmaceutical Manufacturing: The expansion of the pharmaceutical manufacturing sector, particularly in emerging markets, creates opportunities for Penicillin G acylase suppliers. Increasing investment in generic drug production, contract manufacturing services, and active pharmaceutical ingredient (API) synthesis drives demand for enzymes used in antibiotic production.

Regulatory Support and Quality Standards: Regulatory support for the use of Penicillin G acylase in pharmaceutical manufacturing, coupled with adherence to stringent quality standards and Good Manufacturing Practices (GMP), instills confidence in enzyme suppliers and pharmaceutical manufacturers. Compliance with regulatory requirements facilitates market access and fosters industry growth.

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Future Opportunities in the Penicillin G Acylase Market:

Expansion into New Applications: Beyond antibiotic synthesis, Penicillin G acylase holds potential for applications in other industries, including fine chemicals, bioremediation, and food and beverage. Diversification into new markets and applications offers growth opportunities for enzyme suppliers and enhances market resilience.

Customized Enzyme Solutions: Tailored enzyme solutions and enzyme immobilization technologies enable customization of Penicillin G acylase for specific customer requirements and applications. Offering customized enzyme formulations, enzyme engineering services, and technical support enhances customer satisfaction and differentiation in the market.

Investment in Research and Development: Continued investment in research and development is essential for advancing enzyme engineering, bioprocessing technologies, and biocatalytic applications of Penicillin G acylase. Innovation in enzyme discovery, protein engineering, and bioreactor design drives product development and market differentiation.

Global Market Expansion: The Penicillin G acylase market presents opportunities for expansion into emerging markets, including Asia-Pacific, Latin America, and the Middle East, where pharmaceutical manufacturing is growing rapidly. Strategic partnerships, distribution agreements, and market entry strategies facilitate geographic expansion and market penetration.

Market Segmentation -

Source
E. coli
Bacillus Megaterium
Others

Application
Production of Semisynthetic Penicillin
Production of Semisynthetic Cephalosporin
Others

End-user
Pharmaceutical Companies
Academic & Research Institutes
Others

This Report lets you identify the opportunities in Penicillin G Acylase Market by means of a region:

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

Reasons to Buy The Penicillin G Acylase Market Report: -

1.Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.

2.Reports provide opportunities and threats faced by suppliers in the Penicillin G Acylase industry around the world.

The report shows regions and sectors with the fastest growth potential.

3.A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.

4.The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.

5.This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.

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About Us Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ
Nikhil Sawlani
Transparency Market Research Inc.
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