Press release
Animal Placental Protein Market Expected to Reach $837.97 Million by 2031 with Rising Demand Across Pharmaceuticals and Cosmetics Industries
Animal Placental Protein Market
According to the latest research by InsightAce Analytic, the Global Animal Placental Protein Market is valued at US$ 527.09 Mn in 2022, and it is expected to reach US$ 837.97 Mn by 2031, with a CAGR of 5.5% during a forecast period of 2023-2031.
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Animal placenta proteins are hormones produced by trophoblast cells located before the inner cell mass. These proteins can be isolated from various species, including sheep, pigs, and humans, and serve diverse applications across multiple industries. In particular, placental protein is utilized in pharmaceuticals, cosmetics, health tonics, hair care products, and food items. It is particularly valued in skin and hair treatments, with sheep placenta being a common source. In medicine, placental proteins are frequently used to address menopausal symptoms.
Additionally, placental protein is undergoing investigation for its potential use in treating osteoporosis, particularly through hormone replacement therapy involving estrogen. Cosmetic companies have also shown interest in incorporating animal placental proteins into skincare products due to their potential to stimulate collagen production, enhance skin elasticity, and reduce the visible signs of aging. As a result, these properties have made placental proteins highly sought after within the beauty and personal care sectors, contributing to the expected growth of the animal placental protein market in the coming years.
List of Prominent Players in the Animal Placental Protein Market:
• 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.
• Japan Bio Products (Japan)
• Bovogen Biologicals (Australia)
Market Dynamics:
Drivers-
Animal placental proteins have garnered interest across multiple industries, including pharmaceuticals, cosmetics, and functional foods. There is significant potential for further research and development to explore additional applications in emerging fields such as regenerative medicine, nutraceuticals, and veterinary medicine. Moreover, consumers are increasingly seeking personalized and tailored products that meet their specific preferences and needs. Developing customizable animal placental protein solutions to cater to individual requirements could create new market opportunities and expand the customer base, unlocking previously untapped business segments.
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Challenges:
The use of animal-derived products, particularly animal placental proteins, has raised ethical and moral concerns among some consumers and advocacy groups, potentially leading to protests and a decline in market acceptance. Additionally, the animal placental protein market is subject to strict regulatory oversight, particularly regarding protein procurement, extraction, and processing, which poses challenges for market participants in navigating the evolving and region-specific legal frameworks. The extraction and purification processes for animal placental proteins are complex and costly, which may result in higher production costs and, consequently, higher product prices, limiting access to the market for certain consumer segments.
Regional Trends:
The North American animal placental protein market is expected to maintain a significant revenue share and achieve substantial growth with a high compound annual growth rate (CAGR) in the coming years. The demand for innovative therapeutic solutions addressing medical conditions presents opportunities for animal placental protein-based products in this region. Furthermore, North American consumers are increasingly seeking natural and biologically active ingredients, with animal placental proteins, sourced naturally, aligning with these preferences. The availability of research funding and a strong willingness to participate in clinical trials further facilitates the advancement of knowledge surrounding the potential applications of animal placental proteins.
Recent Developments:
• In Sept 2021, Auckland BioSciences acquired CellSera, establishing a $40 Mn company. In a year in which numerous New Zealand technology companies were acquired by foreign competitors, Auckland BioSciences (ABS) defied the trend by acquiring CellSera of Australia.
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Segmentation of Animal Placental Protein Market-
By Product Type
• Animal Placental Protein Extracts
• Animal Placental Protein Powders
• Animal Placental Protein Capsules/Tablets
• Animal Placental Protein Injections
By Application-
• Pharmaceuticals (including human and veterinary medicine)
• Cosmetics and Personal Care Products
• Nutraceuticals
• Research and Biotechnology
By Animal Source-
• Bovine (cow)
• Porcine (pig)
• Ovine (sheep)
• Equine (horse)
• Others (e.g., deer, kangaroo)
By End-User-
• Pharmaceutical Companies
• Cosmetics and Personal Care Companies
• Nutraceutical and
• Research Institutions and Laboratories
By Distribution Channel-
• Direct Sales (B2B)
• Retail Sales (B2C)
• Online Retail
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/animal-placental-protein-market/2022
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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