Global Silk Protein Market Overview:
Silk is made up of two main proteins: fibroin, which is a fibrous protein, and sericin, which is a sticky protein. These two proteins make up 70–80 percent and 20–30 percent of silk, respectively. Sericin has a high hydroxy amino acid content, which is essential for water binding and skin moisture regulation. It also has a one-of-a-kind carbohydrate moiety and a one-of-a-kind repetitive amino acid sequence that give it a strong affinity for bonding to adhering proteins, resulting in a tightening and anti-wrinkle impact. Furthermore, due to its high molecular weight, it forms a substantial semi-occlusive film on the skin that lasts even after washing and can increase permeability. Silk protein has significant application in cosmetics. Particularly in hair care, silk protein has many benefits in strengthening and moisturizing hairs. With the rise of the cosmetics industry; the demand for silk protein is also increasing.
Growth Drivers
- Increasing Demand for Silk Protein in Cosmetics
- Growing Demand for Silk Protein for Supplement Manufacturing
Market Trends
- Increasing R&D on Applications of Silk Protein
Roadblocks
- High Cost Associated with Silk Protein
Opportunities
- Modern Techniques of Silk Protein Production Will Boost the Demand of Silk Protein
- Emerging Demand of Silk Protein from Developed Countries
Challenges
- Silk Protein Supplements Might Have Some Allergic Effects and Side Effects
- Lack of Awareness About Benefits of Silk Protein
Competitive Landscape:
Some of the key players profiled in the report are Danone (France), AMSilk GmbH (Germany), Ashtae (United States), Bolt Threads Inc. (United States), Bonsoul (India), Caribbean Natural Products Inc. (United States), E'TAE Natural Products (United States), Huzhou Aotesi Biochemical Co., Ltd. (China), Protein Factory (United States), Proteina (United States) and Silk Tech (United States). Considering Market by Nature, the sub-segment i.e. Recyclable will boost the Silk Protein market. Considering Market by Industry Verticals, the sub-segment i.e. Cosmetics will boost the Silk Protein market. Considering Market by Sales Channel, the sub-segment i.e. Direct will boost the Silk Protein market.
Latest Market Insights:
On April 29th, 2019, as part of its 2020 strategy to expand the capabilities of our Active Beauty business, Givaudan today announced that it has reached an agreement to acquire the cosmetics business of AMSilk GmbH. AMSilk GmbH is a leading manufacturer of silk protein-based in Germany. AMSilk offers a range of high-performance bio-sourced polypeptides with unique functional properties in the field of cosmetics. These vegan biopolymers offer a broad range of applications across categories such as hair care and skincare with benefits like silk touch, anti-pollution, or color protection of the hair.
On Jan 2021, With the launch of a new multi-serve beverage featuring plant-based protein, Danone North America has extended its Silk range. Silk Ultra is a calcium-fortified drink that comes in three flavors: creamy chocolate, unsweet, and initial. It can be consumed straight from the carton, in a smoothie, or with cereal. According to the company, the beverage is designed for athletes and contains 20 grams of full plant-based protein per serving. Vitamins A, D, B2, and B12 are also used in Silk Ultra.
What Can be Explored with the Silk Protein Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Silk Protein Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Silk Protein
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Silk Protein market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Silk Protein market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Silk Protein Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.