Bovine Placental Protein is the largest segment driving the growth...

Bovine Placental Protein is the largest segment driving the growth of Animal Placental Protein Market

Posted 2023-11-27 11:35:58

Market Overview:
Animal placental protein includes peptides, growth factors, hormones, enzymes, amino acids and vitamins derived from animal placental extract. These placental proteins are gaining popularity as supplements and ingredients in various healthcare and skin care products due to their anti-aging, wound healing and nutrient supplementing properties.

Market key trends:
One of the key trends in the animal placental protein market is the growing demand for nutraceutical and pharmaceutical applications. Placental extracts are known to contain growth factors, immunoglobulins, protein hormones, amino acids, nucleotides, vitamins, minerals and enzymes which help in various medical conditions like anaemia, fatigue, infertility and menopausal issues. The bioactive components in the placental extracts have potent wound healing and anti-inflammatory properties. This is boosting the adoption of placental proteins derived from sheep, pig and bovine in various healthcare formulations.

One of the key trends in the Animal Placental Protein Market Share is the rising demand for animal-based protein supplements. Animal placental protein is a rich source of amino acids, enzymes, minerals, and growth factors that help build muscle mass and strength. With increasing health awareness, many bodybuilders and gym enthusiasts are incorporating animal placental protein powder in their diet and workout regimes to gain lean muscle mass. The advent of flavored powder varieties has further propelled the popularity of these supplements among young consumers.

SWOT Analysis
Strength: Rich source of essential nutrients that help build lean muscle mass and strength. Contains higher protein content than other milk- and plant-based alternatives.
Weakness: Issues related to potential allergens present in animal-derived proteins. Heavy metal contamination concerns associated with some animal placental supplements.
Opportunity: Growing demand for muscle gain supplements among young gym-goers and sports enthusiasts. Rising popularity of vegan and vegetarian diets driving demand for non-animal derived placental protein options.
Threats: Availability of cheaper alternatives such as whey, soy and pea proteins. Stringent regulatory framework around sale and marketing of placental supplements in some regions.

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 for nutritional muscle gain supplements.

The North America region currently dominates the market and is expected to continue its dominance over the forecast period. This is attributed to growing dietary supplement consumption in the region to improve physical performance and build lean muscle mass.

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.