Global Growth of Bio Active Protein and Peptides Market

Transcription

Global Growth of Bio Active Protein and Peptides Market
Global Market Study on Bio Active Protein and
Peptides: Functional Beverages Application
Segment Expected to Register High Y-o-Y Growth
Through 2026
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Report Media Releases
Global Bio Active Protein and Peptides Market Revenue
Projected to Register 8.2% CAGR Between 2016 and 2026;
Plant Source Segment Anticipated to Hold a Market Value
Share of 45% by 2016 End
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
M a r k e t
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.
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
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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.
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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
Global Bio Active Protein and Peptides Market 2016-2026
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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
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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
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beverages segment.
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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Global Bio Active Protein and Peptides Market 2016-2026
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Global Bio Active Protein and Peptides Market 2016-2026