Bioactive Peptide Market Share To Exhibit a CAGR of 9.4% By 2026, Owing to Increasing Launch of New Products
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Global Bioactive Peptide Market, by Source (Plant, Milk, Eggs, Meat, Fish and Others), By Therapeutic Area (Antihypertensive, Antioxidant, Immunostimulatory, Antimicrobial, Diabetes, and Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, and Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), published by Coherent Market Insights, the global bioactive peptide market was valued at US$ 3,265.2 million in 2017, and is projected to exhibit a CAGR of 9.4% over the forecast period (2018–2026).
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Bioactive peptides are used in dietary supplements, pharmaceuticals, and novel food supplements, whereas collagen peptides are used in sports and active nutrition products to enhance the performance of athletes.
Increasing launch of new products is expected to propel growth of the global bioactive peptide market over the forecast period. For instance, in March 2019, Gelita launched collagen peptide, for use in a variety of functional and nutritional beverages. Moreover, R&D in bioactive peptides is also expected to aid in growth of the market. For instance, in February 2017, researchers from Massachusetts Institute of Technology (MIT), reported development of a new tabletop machine that can rapidly produce large quantities of customized peptides. Similarly, in July 2017, a Nature-published research reported development of a synthetic peptide that can specifically inhibit Zika virus infection.
To know the latest trends and insights prevalent in the global bioactive peptide market PRESS RELEASE, click the link below: https://www.coherentmarketinsights.com/press-release/bioactive-peptide-market-to-surpass-us-73358-mn-by-2026-2473
Among source, the plant segment is expected to hold dominant position in the global bioactive peptide market over the forecast period.
Among therapeutic area, the antihypertensive segment is expected to hold dominant position in the global bioactive peptide market over the forecast period, owing to high incidence of cardiovascular diseases.
Major players in the market are focused on adopting partnership strategies to expand their product portfolio. For instance, in July 2019, Nuritas partnered with Stonehaven Incubate for the development of advanced animal health solutions, with an initial focus on animal feed ingredient.
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Key Takeaways:
- The global bioactive peptide market is expected to exhibit a CAGR of 9.4% over the forecast period
- Major players operating in the global bioactive peptide market include Archer Daniels Midland Company, Seagarden AS, Phermpep Co. Ltd., Arlak Biotech Pvt. Ltd., Naturade, Royal DSM, MYOS RENS Technology Inc., Natural Factors Inc., and Valio Oy
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