About Lactoperoxidase
Lactoperoxidase is a peroxidase catalyst found in milk. It is a conjugated protein that turns out oxidizing agents. By killing bacteria in milk and secretion secretions, the lactoperoxidase system plays a serious role within the system that is probably going to spice up the lactoperoxidase market. The rising demand of prime quality dairy solutions is increasing the market for lactoperoxidase globally.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The global marker for Lactoperoxidase is consolidated by the global key players owing to rise in number of population conscious for their health and products they are consuming. The players should invest in R&D for formulated food and personal care products to grab the market share. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Agennix (Germany), Fonterra Co-Operative Group (New Zealand), Milei GmbH (Germany), Pharming Group (Netherlands), Ingredia (France), Morinaga Milk Industry (Japan), Taradon Laboratory (United States) and Ventria Bioscience (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Lactoperoxidase market by Type (Spray Dried Powder and Freeze Dried Powder), Application (Food, Pharmaceutical, Cosmetic & Personal Care and Others) and Region.
On the basis of geography, the market of Lactoperoxidase has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Direct will boost the Lactoperoxidase market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 1 July 2021, OnOrchard Therapeutics, an international gene therapy leader, and Pharming Group, a global, commercial stage biopharmaceutical company, announced a collaboration agreement to research, develop, manufacture, and commercialise OTL-105, a newly disclosed investigational ex vivo autologous hematopoietic stem cell (HSC) gene therapy for the treatment of hereditary angioedema (HAE), a life-threatening rare disorder characterised by recurring swelling attacks in the
United States Food and Drugs Administration case §170.30 states that lactoperoxidase system is GRAS for use as a processing aid to extend the shelf life of a variety of dairy products cheeses, frozen dairy desserts, fermented milk, flavored milk drinks, and yogurt, at levels not to exceed 300 mg/L milk.
Market Drivers
- Rising Awareness of Consuming Dairy Protein Market
- Extensive Use of Natural Ingredients in The Product Manufacturing
Opportunities
- Rise in Expansion of Cosmetic and Personal Care Industry
Restraints
- Inclination of Masses towards Veganism can Hamper the Market Growth
Challenges
- Different Bacteria Present in Lactoperoxidase can Have Side Effects on Human Body hampers the market growth
- Lactose Intolerant Population Hampers the Market
Key Target Audience
Lactoperoxidase Manufacturer, Suppliers/Distributors, Research Institutes, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.