Growing Biotech Applications Accelerate Expansion of the Horseradish Peroxidase Market
Market Overview
The Horseradish Peroxidase Market is experiencing strong global growth as the enzyme becomes an essential component in diagnostic testing, biotechnology research, and pharmaceutical manufacturing. Horseradish peroxidase (HRP), derived from the roots of the horseradish plant, catalyzes the oxidation of substrates in the presence of hydrogen peroxide. Its remarkable stability and reactivity make it ideal for a wide range of applications, from immunoassays to biosensors.
The surge in demand for enzyme-based diagnostic kits, particularly during and after the COVID-19 pandemic, has propelled HRP into the spotlight. As laboratories and pharmaceutical firms expand production of immunoassays such as ELISA, Western blotting, and immunohistochemistry (IHC), the need for high-purity HRP continues to rise.
Key Market Drivers
Rising Demand for Diagnostic Enzymes: HRP is a cornerstone enzyme in ELISA tests, used extensively for detecting viral and bacterial infections, hormones, and biomarkers.