Global Horseradish Peroxidase (HRP) Supply, Demand and Key Producers, 2026-2032

The global Horseradish Peroxidase (HRP) market size is expected to reach $ 114 million by 2032, rising at a market growth of 7.2% CAGR during the forecast period (2026-2032).

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.

Drivers of the Horseradish Peroxidase (HRP) Market

The horseradish peroxidase (HRP) market is driven by its widespread application in various industries, particularly in biotechnology, diagnostics, and research. HRP is a key enzyme used in immunoassays, such as ELISA (enzyme-linked immunosorbent assay), and Western blotting, to detect and quantify specific molecules. Its ability to catalyze the oxidation of substrates, providing a measurable signal, makes it indispensable in diagnostic kits and laboratory procedures. Additionally, HRP’s use in the development of biosensors and as a catalyst in chemical reactions is further expanding its demand, especially as the biotechnology sector continues to grow globally.

Challenges in the Horseradish Peroxidase (HRP) Market

Despite its broad applications, the HRP market faces challenges related to the stability and shelf life of the enzyme. HRP is susceptible to degradation under harsh conditions such as extreme temperatures, pH variations, or storage for prolonged periods, which can reduce its efficacy in applications. Moreover, the cost of producing high-quality HRP and the complexity of its purification process can lead to higher product prices, limiting its affordability, especially in developing regions. To overcome these challenges, advancements in enzyme stabilization technologies, along with cost-effective production methods, are essential to ensuring a sustainable and competitive HRP market.

Global horseradish peroxidase (HRP) key players include TOYOBO, Merck Millipore, Thermo Fisher, BBI Solutions, Enzybel International etc. Global top five manufacturers hold a share over 68%. Americas is the largest market, with a share over 50%, followed by Europe and APAC, both have a share about 48% percent. In terms of product, Grade Ⅲ is the largest segment, with a share over 37%. And in terms of application, the largest application is diagnostic reagents followed by research.

This report studies the global Horseradish Peroxidase (HRP) production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Horseradish Peroxidase (HRP) and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Horseradish Peroxidase (HRP) that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Horseradish Peroxidase (HRP) total production and demand, 2021-2032, (Kg)

Global Horseradish Peroxidase (HRP) total production value, 2021-2032, (USD Million)

Global Horseradish Peroxidase (HRP) production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Kg), (based on production site)

Global Horseradish Peroxidase (HRP) consumption by region & country, CAGR, 2021-2032 & (Kg)

U.S. VS China: Horseradish Peroxidase (HRP) domestic production, consumption, key domestic manufacturers and share

Global Horseradish Peroxidase (HRP) production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Kg)

Global Horseradish Peroxidase (HRP) production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Kg)

Global Horseradish Peroxidase (HRP) production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Kg)

This report profiles key players in the global Horseradish Peroxidase (HRP) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TOYOBO, Merck Millipore, Thermo Fisher, BBI Solutions, Enzybel International, Creative Enzymes, Suzhou Yacoo, Shanghai Xueman, Worthington Biochemical, Scripps Laboratories, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Horseradish Peroxidase (HRP) market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Kg) and average price (USD/g) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Horseradish Peroxidase (HRP) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Horseradish Peroxidase (HRP) Market, Segmentation by Type:
GradeⅠ
Grade Ⅱ
Grade Ⅲ

Global Horseradish Peroxidase (HRP) Market, Segmentation by Application:
Diagnostic Reagents
Research
Other

Companies Profiled:
TOYOBO
Merck Millipore
Thermo Fisher
BBI Solutions
Enzybel International
Creative Enzymes
Suzhou Yacoo
Shanghai Xueman
Worthington Biochemical
Scripps Laboratories
Roche
Bio-Rad

Key Questions Answered:

1. How big is the global Horseradish Peroxidase (HRP) market?

2. What is the demand of the global Horseradish Peroxidase (HRP) market?

3. What is the year over year growth of the global Horseradish Peroxidase (HRP) market?

4. What is the production and production value of the global Horseradish Peroxidase (HRP) market?

5. Who are the key producers in the global Horseradish Peroxidase (HRP) market?

6. What are the growth factors driving the market demand? Show more