Persistence
Market Research delivers in-depth research on the global bio active
protein and peptides market in a new report titled “Bio Active
Protein And Peptides Market: Global Industry Analysis and Forecast,
2016–2026”. The report states that the demand for bio active
protein and peptides in the global market is estimated to increase
6.6% Y-o-Y in 2016. North America is expected to remain the largest
market for bio active protein and peptides globally, holding a
revenue share of 35% in 2016.
Market
dynamics
Increasing
health concerns and growing awareness of nutraceutical products among
consumers are the primary factors expected to drive the global
bio active protein and peptides market in the near future.
Bio active protein and peptides display a number of physiological
functionalities such as improving cardiovascular, nervous,
gastrointestinal, and immune systems. A growing aging population and
increasing incidence of chronic diseases among the people globally
are other factors anticipated to drive revenue growth of the global
bio active protein and peptides market. Also, a growing preference
for bio active protein and peptides in cosmetics and personal care is
likely to boost the global bio active protein and peptides market
over the forecast period. However, stringent rules and regulations
leading to increased operational costs and supply chain issues create
a barrier for manufacturers operating in the global bio active
protein and peptides market.
Market
forecast
The
global bio active protein and peptides market is segmented by Source
(Plant Source, Animal Source); by Application (Functional Food,
Functional Beverages, Dietary Supplements, Animal Nutrition, Personal
Care, Others (Printing & Painting)); and by Region (North
America, Latin America, Eastern Europe, Western Europe, Asia-Pacific
Excluding Japan, Japan, and Middle East & Africa). By source
type, the animal source bio active protein and peptides segment is
expected to remain the preferred segment in the global bio active
protein and peptides market, accounting for a revenue share of 55% in
2016. The dairy products segment will remain the dominating
sub-segment amongst the animal source bio active protein and peptides
segment owing to an increasing demand for whey proteins from the food
and beverages industry. On the basis of application, the functional
food segment is expected to gain the highest market share in revenue
terms, accounting for 35% market share in 2016. This primarily due to
increasing consumer concerns over a healthy diet and body fitness.
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Among
regions, North America is anticipated to dominate the global bio
active protein and peptides market over the forecast period. Sales
revenue of bio active protein and peptides in North America has been
estimated to account for the largest market share of 35% by 2016 end.
Sales revenue of bio active protein and peptides in Japan is
anticipated to increase at the highest Y-o-Y growth rate during
2016–2026 due to the presence of a large number of manufacturing
units in the region. North America is a rapidly growing bio active
protein and peptides market owing to increasing demand for sports and
nutritional food. Consumers in North America are highly focused on
their health and fitness. Also, due to busy lifestyle and work
culture, consumers in North America are opting for ready-to-eat and
ready-to-drink food and beverages, which has given immense scope for
manufacturers in the North America bio active protein and peptides
market to develop products specially catering to the functional food
and beverages segment.
Competitive
landscape
The
report features some of the companies operating in the global bio
active protein and peptides market. The companies profiled in the
report are Archer Daniels Midland Company (ADM), Kerry Group, Cargill
Inc., Omega Protein Corporation, Bunge Ltd., E.I. Du Pont De Nemours
and Company, Fonterra Co-operative Group Ltd., Royal DSM, and CHS
Inc. Leading market players are actively focusing on capacity
expansion as well as industry specific new product development.
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