July 18, 2024
Animal Placental Protein Market

Bovine Placental Protein Segment Is The Largest Segment Driving The Growth Of Animal Placental Protein Market

Animal placental protein helps in increasing muscle mass, supports weight management, and boosts immunity and energy levels. It is a rich source of amino acids, collagen, hormones and proteins which helps maintain the youthful appearance of the skin.

The global Animal Placental Protein Market is estimated to be valued at US$ 551.9 Mn in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

Growing demand for nutritional supplements among consumers is driving the growth of animal placental protein market. Animal placental protein helps in supporting muscle growth, enhances recovery from intense workouts and injuries. It contains growth factors and peptides which play an important role in cell repair and regeneration. Increasing health and wellness trends have fueled demand for advanced supplements containing animal placental protein especially among body builders and athletes.

SWOT Analysis

Strength: Animal placental protein is a rich source of growth factors, proteins, minerals and other essential nutrients. It has various health benefits like boosting immunity, muscle gain and repair.
Weakness: The demand highly depends on the animal agricultural industry. Seasonal variations in supply can impact the price and availability of animal placental protein.
Opportunity: Rising consumer awareness about the nutritional benefits of animal placental protein is driving its demand in food & beverages and dietary supplement industries. The growth of the functional food market presents an opportunity.
Threats: Stringent regulations regarding the source and processing of placental proteins. Environmental issues and diseases in livestock can pose supply constraints.

Key Takeaways

The global Animal Placental Protein Market Demand is expected to witness high growth, exhibiting CAGR of 5.6% over the forecast period, due to increasing demand from dietary supplement and functional food industries. Animal placental protein aids muscle recovery and gains, boosts immunity and energy levels.

Regional analysis: North America dominates the global market due to high consumer awareness and expenditure on health and wellness products. Asia Pacific exhibits the fastest growth driven by rising middle-class population, growing health consciousness and expanding food processing industry in countries like China and India.

Key players operating in the animal placental protein market are Sigma-Aldrich Corporation (Now part of Merck KGaA), Biotain Pharma Co., Ltd., New Zealand Health Food Company Limited, XABC Biotech Co., Ltd., BIOFAC A/S, Chaitanya Biologicals Pvt. Ltd., Serolab SA, Auckland BioSciences Limited, ANZCO Foods Limited & Biocontinental Co., Ltd. They are focusing on new product launches, capacity expansions, and partnerships to strengthen their market presence.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it