What is Biofunctional Peptide Market Scope?
Biofunctional peptides are specific protein fragments that have a positive impact on body functions and conditions and may ultimately influence health peptides modulate physiological function through binding interactions to specific receptors on target cells leading to the induction of physiological responses. Biofunctional peptides are generally 3-20 amino acids residues in length containing potential bioactive sequences from animal and plant source. The most common method of production for Biofunctional peptides is enzymatic hydrolysis. Multiple Biofunctional peptides are produced using trypsin or pepsin. These Biofunctional peptides play an important role in the regulation of the digestive system, immune system, cardiovascular, nervous system and modulation of nutrient absorption. Currently, the market products of Biofunctional peptides contain peptides with satiety including anti-cancer, antimicrobial, stress-relieving properties and others. Biofunctional peptides possess a scientific challenge as they are known to cause optimal exploitation for health benefits. At the same time Biofunctional peptides offer various commercial benefits, owing to which the market of Biofunctional peptides is anticipated to have rapid growth with exceptional CAGR over the forecast period.
The Biofunctional Peptide market study is being classified, by Application (Anti-Hypertensive, Cardiovascular System, Nervous System, Gastrointestinal System, Immune System, Cholesterol-Lowering, Anti-Diabetic Peptides and Multifunctional Peptides) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Vendors from European and United States will contribute to the maximum growth of Global Biofunctional Peptide market throughout the predicted period.
Merck KGaA (Germany), Seagarden AS (Norway), WN Pharmaceuticals Ltd. (Canada), Arlak Biotech Pvt. Ltd. (India), Phermpep Co. Ltd. (Taiwan), Ashland Inc. (United States), ALEXIS Corporation (United States), American Peptide Company Inc. (United States), Promega Corporation (United States), Advanced Bioconcept Company (Canada), Anaspec Inc. (United States), Thermo Fisher Scientific (United States) and Novo Nordisk A/S (Denmark) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Biofunctional Peptide market by Type, Application and Region.
On the basis of geography, the market of Biofunctional Peptide 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).
Influencing Market Trend
- The Willingness of Consumers in This Age Group to Spend On Premium Quality Personal Care Products
- Increasing Penetration of E-Commerce for Selling Fast Moving Consumer Goods Products
Market Drivers
- Awareness Regarding Benefits of Natural or Organic Skincare Products
- Shifting Of Retailers from Niche Distribution Channels to Mainstream Mass Retailers
- A Rise in Biofunctional Peptide Use in Products-Such As Creams, Moisturizers, and Anti-Hair Fall Products
- Rising Popularity among Aging Female Population
Opportunities
- Consumers’ Behavior Has Drastically Changed and Are More Inclined Towards Researching About Products Online and Purchasing Various Products
- Increasing Consumers’ Demand for Green Personal Care Products Has Prompted Companies to Enter the Herbal and Natural Personal Care Products
Restraints
- High Price Associated With the Products
Challenges
- Less Awareness among Conventional Players
Key Target Audience
Providers of Biofunctional Peptide, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
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