The global hydrolyzed placental protein market is anticipated to grow at a significant CAGR during the forecast period. Placenta is defined as the organ that keeps the developing fetus connected to the uterine wall of the mother (through the umbilical cord). Thus, placenta is the connecting agent that helps the developing fetus to retrieve nutrients through blood exchange and eliminate waste. Since placenta is considered as a life-giving organ, it is highly rich in various minerals, vitamins, hormones, and ultimately, the proteins. Therefore, the growing research initiatives undertaken in the field of stem cell is anticipated to spur the growth of the global hydrolyzed placental protein market. Hydrolyzed placental proteins, their extracts and even lipids that are obtained from different animal origins, find their broad applications in cosmetics and particularly, various skin care products. The major factor behind the applications include, placental proteins are perceived to be highly efficient in revitalizing the dull skin and help in the recovery of the impaired and ruptured skin cells. This leads to a wide use of hydrolyzed placental proteins in skin care products such as anti-aging serums and night creams.
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In addition to this, the ability of these proteins to promote the hair growth by further keeping them thick and shiny is another key factor which leads to the augmented demand for placental proteins derived products. Further, the growth in the aging population base also contributes to the growing demand for anti-aging products, particularly in the regions such as North America and Europe. Additionally, growing disposable income and changing lifestyle are also the major driving factors which are directly contributing to the growth of the global hydrolyzed protein market growth.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Product
o By Application
- Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape: Japan Bio Products Co., Ltd., and Charites Japan Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Hydrolyzed Placental Protein Market Report by Segment
By Product
- Pig Originated Placenta
- Horse Originated Placenta
- Sheep Originated Placenta
- Others
By Application
- Cosmetics
- Medical Devices
- Pharmaceuticals
- Functional Food
- Others
A full report of Hydrolyzed Placental Protein Market is available at: https://www.omrglobal.com/industry-reports/hydrolyzed-placental-protein-market
