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.
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.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Product
- By Application
Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape: Japan Bio Products Co., Ltd., and Charites Japan Inc., among others.
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 @ https://www.omrglobal.com/industry-reports/hydrolyzed-placental-protein-market
Hydrolyzed Placental Protein Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
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