Rising Demand for Nutritious Infant Formula to Fuel Growth of the Animal Placental Protein Market

 
Animal Placental Protein Market

Market Overview:

Animal placental protein are extracted from the placentae of animals such as cattle, sheep, and horses. These proteins are predominantly used as an ingredient in healthcare formulations. They are rich in amino acids, vitamins, minerals, and growth factors that promote cell growth and tissue repair in humans. Animal placental proteins are widely used in infant formula, nutritional supplements, anti-aging creams, and medical therapies. Their high nutritional profile makes them a suitable alternative to whey protein concentrates in infant formula. The growing demand for premium, nutritious, and hypoallergenic infant nutrition products is expected to drive the growth of the animal placental protein market over the forecast period.

Market Key Trends:
One of the key trends driving the animal placental protein market is the rising demand for natural and clean label ingredients in infant formula and nutritional supplements. Consumers are increasingly concerned about the artificial ingredients used in traditional formulas and supplements. Animal placental extracts are considered natural alternatives to chemical preservatives and stabilizers as they are hormone-free, antibiotic-free, and rich in nutrients. This is prompting major formula manufacturers to use placental proteins from cattle, sheep, and horses to improve the nutritional profile of their products. Additionally, with growing geriatric population globally, the demand for anti-aging cosmetic products containing placental proteins is also increasing steadily. Their anti-inflammatory and skin rejuvenating properties help reduce signs of aging when applied topically. The aforementioned factors are expected to positively impact the market growth of animal placental protein over the forecast period.
Porter’s Analysis
Threat of new entrants: The Animal Placental Protein Market Share faces moderate threat of new entrants due to established distribution network of existing players and requirement of significant R&D investment.
Bargaining power of buyers: Buyers have moderate bargaining power due to availability of substitutes.
Bargaining power of suppliers: Suppliers have low to moderate bargaining power due to availability of alternatives.
Threat of new substitutes: Threat from substitutes is moderate as plant-derived proteins can be used as alternatives.
Competitive rivalry: The market witnesses high competitive rivalry among existing players.

Key Takeaways

The global animal placental protein market is expected to witness high growth, exhibiting CAGR of 5.6% over the forecast period, due to increasing demand from nutraceuticals industry. The nutraceuticals segment is expected to dominate the market owing to growing health consciousness.

Regionally, North America is expected to dominate the global animal placental protein market during the forecast period. This is attributed to presence of major players and rising demand for dietary supplements in the region. Asia Pacific is expected to exhibit highest growth rate during forecast period owing to changing lifestyle and increasing health expenditure in the region.

Key players operating in the animal placental protein market are Sigma-Aldrich Corporation (Now part of Merck KGaA), Biotain Pharma Co., Ltd., New Zealand Health Food Company Limited, XABC Biotech Co., Ltd., BIOFAC A/S, Chaitanya Biologicals Pvt. Ltd., Serolab SA, Auckland BioSciences Limited, ANZCO Foods Limited & Biocontinental Co., Ltd.

Read More:

https://www.dailyprbulletin.com/animal-placental-protein-market-demand-and-value-analysis/

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