Glutathione Agarose Resin Market
Glutathione Agarose Resin Market Analysis By Product (Glutathione Reduced & Glutathione Oxidized Agarose Resin) By Application (Immunoprecipitation, Protein Purification & Research) By Region – Global Market Insights 2022 to 2032
Analysis of Glutathione Agarose Resin market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Glutathione Agarose Resin Market Outlook (2022 to 2032)
The global Glutathione Agarose Resin market is estimated at US$ 332.6 Mn in 2022 and is projected to reach a valuation of US$ 1.3 Bn by 2032, expanding at a CAGR of 7% through the forecast period of 2022 to 2032.
The market will most likely be driven by growth in the number of R&D activities associated with the development of new drugs and vaccines. Increased production of vaccines and pharmaceutical drugs is driving global product demand. Besides, research activities in the medical industry are also increasing.
| Attribute | Details |
|---|---|
| Glutathione Agarose Resin Market Size (2021A) | US$ 301.8 Mn |
| Market Forecast Value (2032F) | US$ 1.3 Bn |
| Global Market Growth Rate (2022 to 2032) | 7% CAGR |
| Asia Pacific market share | ~28.2% |
| Top 2 Glutathione Agarose Resin Manufacturers’ Market Share | ~43.4% |
| Key Companies Profiled | Merck KGaA; Thermo Fisher Scientific Inc.; Takara Bio, Inc.; Bio-Rad Laboratories, Inc.; Cytiva; Mitsubishi Corporation Life Sciences Ltd. |
Glutathione Agarose Resin suppliers confront a number of challenges, including glutathione's high price as a critical raw component in affinity chromatography and expanding government rules influencing people's health, which varies by region.
The basic raw material used in the manufacturing of Glutathione Agarose Resin is reduced glutathione or oxidised glutathione. The price of Glutathione Agarose Resin is divided into two parts: raw materials and processing. Processing expenses make up a significant portion of the cost of Glutathione Agarose Resin manufacturing. A significant percentage of this price structure is made up of raw commodities.
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Glutathione Agarose Resin Consumption Analysis (2017 to 2021) Vs. Market Outlook (2022 to 2032)
Glutathione Agarose Resin demand is expected to rise from US$ 332.6 Mn in 2022. The market is projected to grow at a CAGR of over 7% during 2022 to 2032. The key factor impacting the sector is the high cost of raw materials and processing.
As a consequence, manufacturers are investing in research in order to offer a more affordable option. The primary component suppliers have large facilities as well as an efficient distribution network, allowing for efficient and timely purchases.
What’s driving the Global Market for Glutathione Agarose Resin market?
One of the key factors driving growth in the global Glutathione Agarose Resin market is the rising demand for affinity chromatography technologies in vaccine and drug development research and development procedures.
The surge in demand for affinity chromatography is expected to further drive the demand for Glutathione Agarose Resin. Extensive research and development in the global chromatographic resin industry have resulted in the development of novel resin products that are more productive than traditional resins. It is one of the examples of how the industry's dynamics are shifting.
Owing to its simplicity of use and high accuracy, affinity chromatography is becoming an increasingly popular analytical technique in a variety of industries. The existence of stringent safety regulations in the pharmaceutical sector may hinder the growth of the chromatography resin industry, consequently impacting the demand for Glutathione Agarose Resin.
Furthermore, rising pharmaceutical and vaccine production, as well as a rise in R&D activities globally, are propelling the global Glutathione Agarose Resin market during the forecast period. Other factors driving demand in the global Glutathione Agarose Resin include steady growth in the field of custom affinity bioprocess resin.
However, high raw material prices, as well as the high costs associated with resin production, may constrain the worldwide Glutathione Agarose Resin market in the approaching years. Attributed to the above-discussed factors, Glutathione Agarose Resin revenue is projected to be valued at US$ 1.3 Bn by 2032-end.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Country Wise Analysis
Why is the Asia Pacific a Prominent Market for Glutathione Agarose Resin Sales?
In 2021, the market in Asia Pacific accounted for a substantially larger share of sales and is predicted to grow at the fastest CAGR.
Owing to the rising government support for local manufacturing in the Asia Pacific region, global enterprises have attractive opportunities to expand their market share, which is expected to raise production levels and decrease reliance on imports. Over the forecast period, the pharmaceutical industry's expanding R&D sector will further drive the market.
How North America is a key region for the Glutathione Agarose Resin market?
North America is the largest market for Glutathione Agarose Resin in terms of volume, and it is predicted to develop rapidly during the forecast period. As the industry has tried to restrict the spread of virus-based illnesses, the demand for biomedically focused dental practices and laboratory research requiring vaccines has skyrocketed.
Purified proteins and antibodies are increasingly being employed in medical applications, which will increase demand in North America. Government initiatives including subsidies to boost the productivity of affinity chromatography beads have augmented the demand for Glutathione Agarose Resin, during the last few decades.
Category-Wise Analysis
Why does Immunoprecipitation Accounts for the Highest Revenue Share of Glutathione Agarose Resin Demand?
Glutathione agarose resin demand through immunoprecipitation accounts for over one-third of the share. Proteins are immunoprecipitated from liquids to some extent by affinity-based laboratory techniques called immunoprecipitation (also known as affinity purification).
Laboratories utilize immobilized binding proteins or solid supports for this procedure. A binding protein centered on a solid support offers the reaction option of dissolving insoluble proteins. Glutathione transferases or GSTS s considerable size has the potential to make insoluble protein input exceptionally soluble, making it simpler to purify the substance.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
How Strategic Acquisitions and Mergers among Glutathione Agarose Resin Market Participants are Likely to Transform Glutathione Agarose Resin Competitiveness
Nissor Pharmaceuticals Ltd., Kyowa Hakko Bio Co., Ltd., KOHJIN Life Sciences Co., Ltd., and Shenzhen GSH Bio-tech Co., Ltd. are among the key players in the global Glutathione Agarose Resin market. The key players are teaming up and partnering with other operators to push into the uncharted territory. In order to have a strong presence and portfolio in the global market, firms are creating joint ventures with players in emerging regions, investing in new production facilities, and conducting research and development.
In 2019, Kyowa Hakko Bio Co. Ltd announced that it has increased its global reach by launching a new product, Setria glutathione in Indonesia. The company’s objective is to develop scientifically sound solutions that promote wellness and illness treatment. The product is a patented, allergen-free, scientifically tested glutathione form that promotes antioxidant development in the human body.
Competition Landscape
Merck KGaA, Thermo Fisher Scientific, Inc., Takara Bio, Inc., Bio-Rad Laboratories, Inc., Cytiva, and Mitsubishi Corporation Life Sciences Ltd. are some of the key incumbents in the global Glutathione Agarose Resin market. Players and research organizations in the global Glutathione Agarose Resin market are embarking on new initiatives to develop and deliver more creative and productive solutions.
This move is mostly connected to industry participants' attempts to achieve a lucrative leadership position in the global Glutathione Agarose Resin market in the next years.
Furthermore, rising affinity resin demand is projected to draw new entrants into the global Glutathione Agarose Resin market in the coming years. Several prominent incumbent companies in the global Glutathione Agarose Resin market are focusing on product portfolio diversification in order to achieve a dominating position in the global Glutathione Agarose Resin market.
Key Segments Covered in Glutathione Agarose Resin Industry Survey
-
By Product :
- Glutathione Reduced
- Glutathione Oxidized
-
By Application :
- Immunoprecipitation
- Protein Purification
- Research
-
By Region :
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Poland
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
- North America
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background
- 4. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product
- 5.1. Glutathione Reduced
- 5.2. Glutathione Oxidized
- 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
- 6.1. Immunoprecipitation
- 6.2. Protein Purification
- 6.3. Research
- 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
- 7.1. North America
- 7.2. Latin America
- 7.3. Europe
- 7.4. Asia Pacific
- 7.5. MEA
- 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 12. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
- 13. Key Countries Market Analysis
- 14. Market Structure Analysis
- 15. Competition Analysis
- 15.1. Merck KGaA
- 15.2. Thermo Fisher Scientific Inc.
- 15.3. Takara Bio, Inc.
- 15.4. Bio-Rad Laboratories, Inc.
- 15.5. Cytiva
- 15.6. Mitsubishi Corporation Life Sciences Ltd.
- 16. Assumptions & Acronyms Used
- 17. Research Methodology
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 01: Global Market Value (US$ Mn) Forecast by Region, 2017 to 2032
Table 02: Global Market Value (US$ Mn) Forecast by Product, 2017 to 2032
Table 03: Global Market Value (US$ Mn) Forecast by Application, 2017 to 2032
Table 04: North America Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 05: North America Market Value (US$ Mn) Forecast by Product, 2017 to 2032
Table 06: North America Market Value (US$ Mn) Forecast by Application, 2017 to 2032
Table 07: Latin America Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 08: Latin America Market Value (US$ Mn) Forecast by Product, 2017 to 2032
Table 09: Latin America Market Value (US$ Mn) Forecast by Application, 2017 to 2032
Table 10: Europe Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 11: Europe Market Value (US$ Mn) Forecast by Product, 2017 to 2032
Table 12: Europe Market Value (US$ Mn) Forecast by Application, 2017 to 2032
Table 13: Asia Pacific Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 14: Asia Pacific Market Value (US$ Mn) Forecast by Product, 2017 to 2032
Table 15: Asia Pacific Market Value (US$ Mn) Forecast by Application, 2017 to 2032
Table 16: MEA Market Value (US$ Mn) Forecast by Country, 2017 to 2032
Table 17: MEA Market Value (US$ Mn) Forecast by Product, 2017 to 2032
Table 18: MEA Market Value (US$ Mn) Forecast by Application, 2017 to 2032
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 01: Global Market Value (US$ Mn) by Product, 2022 to 2032
Figure 02: Global Market Value (US$ Mn) by Application, 2022 to 2032
Figure 03: Global Market Value (US$ Mn) by Region, 2022 to 2032
Figure 04: Global Market Value (US$ Mn) Analysis by Region, 2017 to 2032
Figure 05: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032
Figure 06: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032
Figure 07: Global Market Value (US$ Mn) Analysis by Product, 2017 to 2032
Figure 08: Global Market Value Share (%) and BPS Analysis by Product, 2022 to 2032
Figure 09: Global Market Y-o-Y Growth (%) Projections by Product, 2022 to 2032
Figure 10: Global Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 11: Global Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 12: Global Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 13: Global Market Attractiveness by Product, 2022 to 2032
Figure 14: Global Market Attractiveness by Application, 2022 to 2032
Figure 15: Global Market Attractiveness by Region, 2022 to 2032
Figure 16: North America Market Value (US$ Mn) by Product, 2022 to 2032
Figure 17: North America Market Value (US$ Mn) by Application, 2022 to 2032
Figure 18: North America Market Value (US$ Mn) by Country, 2022 to 2032
Figure 19: North America Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 22: North America Market Value (US$ Mn) Analysis by Product, 2017 to 2032
Figure 23: North America Market Value Share (%) and BPS Analysis by Product, 2022 to 2032
Figure 24: North America Market Y-o-Y Growth (%) Projections by Product, 2022 to 2032
Figure 25: North America Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 26: North America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 27: North America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 28: North America Market Attractiveness by Product, 2022 to 2032
Figure 29: North America Market Attractiveness by Application, 2022 to 2032
Figure 30: North America Market Attractiveness by Country, 2022 to 2032
Figure 31: Latin America Market Value (US$ Mn) by Product, 2022 to 2032
Figure 32: Latin America Market Value (US$ Mn) by Application, 2022 to 2032
Figure 33: Latin America Market Value (US$ Mn) by Country, 2022 to 2032
Figure 34: Latin America Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 37: Latin America Market Value (US$ Mn) Analysis by Product, 2017 to 2032
Figure 38: Latin America Market Value Share (%) and BPS Analysis by Product, 2022 to 2032
Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Product, 2022 to 2032
Figure 40: Latin America Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 41: Latin America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 42: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 43: Latin America Market Attractiveness by Product, 2022 to 2032
Figure 44: Latin America Market Attractiveness by Application, 2022 to 2032
Figure 45: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 46: Europe Market Value (US$ Mn) by Product, 2022 to 2032
Figure 47: Europe Market Value (US$ Mn) by Application, 2022 to 2032
Figure 48: Europe Market Value (US$ Mn) by Country, 2022 to 2032
Figure 49: Europe Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 50: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 51: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 52: Europe Market Value (US$ Mn) Analysis by Product, 2017 to 2032
Figure 53: Europe Market Value Share (%) and BPS Analysis by Product, 2022 to 2032
Figure 54: Europe Market Y-o-Y Growth (%) Projections by Product, 2022 to 2032
Figure 55: Europe Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 56: Europe Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 57: Europe Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 58: Europe Market Attractiveness by Product, 2022 to 2032
Figure 59: Europe Market Attractiveness by Application, 2022 to 2032
Figure 60: Europe Market Attractiveness by Country, 2022 to 2032
Figure 61: Asia Pacific Market Value (US$ Mn) by Product, 2022 to 2032
Figure 62: Asia Pacific Market Value (US$ Mn) by Application, 2022 to 2032
Figure 63: Asia Pacific Market Value (US$ Mn) by Country, 2022 to 2032
Figure 64: Asia Pacific Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 65: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 66: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 67: Asia Pacific Market Value (US$ Mn) Analysis by Product, 2017 to 2032
Figure 68: Asia Pacific Market Value Share (%) and BPS Analysis by Product, 2022 to 2032
Figure 69: Asia Pacific Market Y-o-Y Growth (%) Projections by Product, 2022 to 2032
Figure 70: Asia Pacific Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 71: Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 72: Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 73: Asia Pacific Market Attractiveness by Product, 2022 to 2032
Figure 74: Asia Pacific Market Attractiveness by Application, 2022 to 2032
Figure 75: Asia Pacific Market Attractiveness by Country, 2022 to 2032
Figure 76: MEA Market Value (US$ Mn) by Product, 2022 to 2032
Figure 77: MEA Market Value (US$ Mn) by Application, 2022 to 2032
Figure 78: MEA Market Value (US$ Mn) by Country, 2022 to 2032
Figure 79: MEA Market Value (US$ Mn) Analysis by Country, 2017 to 2032
Figure 80: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 81: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 82: MEA Market Value (US$ Mn) Analysis by Product, 2017 to 2032
Figure 83: MEA Market Value Share (%) and BPS Analysis by Product, 2022 to 2032
Figure 84: MEA Market Y-o-Y Growth (%) Projections by Product, 2022 to 2032
Figure 85: MEA Market Value (US$ Mn) Analysis by Application, 2017 to 2032
Figure 86: MEA Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 87: MEA Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 88: MEA Market Attractiveness by Product, 2022 to 2032
Figure 89: MEA Market Attractiveness by Application, 2022 to 2032
Figure 90: MEA Market Attractiveness by Country, 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much is the current worth of the Glutathione Agarose Resin market?
Currently, the global Glutathione Agarose Resin market is valued at US$ 332.6 Mn.
At what CAGR is demand for Glutathione Agarose Resin Expected to Rise?
Glutathione Agarose Resin consumption value is expected to increase at a CAGR of around 7.0% during the period of 2022-2032.
How has the Glutathione Agarose Resin Market Performed over the Past Half-decade?
In terms of consumption value, Glutathione Agarose Resin increased at a CAGR of around 6.0% during 2017-2021.
How are key players strategizing in the market for Glutathione Agarose Resin?
Key Glutathione Agarose Resin suppliers can be mainly seen involved in innovation and R&D along with production capacity expansion.
Who are the prominent manufacturers of Glutathione Agarose Resin?
Top Glutathione Agarose Resin manufacturing companies are Merck KGaA, Thermo Fisher Scientific, Inc., Takara Bio, Inc., Bio-Rad Laboratories, Inc., Cytiva, and Mitsubishi Corporation Life Sciences Ltd.
What is the scenario for demand of Glutathione Agarose Resin in Asia Pacific?
North America is estimated to hold around 28% share of the global Glutathione Agarose Resin market.
Glutathione Agarose Resin Market