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The Global Bioactive Peptide Market expected to reach a CAGR of 9.4% during 2018u20132026.
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BIOACTIVE PEPTIDE MARKET ANALYSIS Bioactive Peptide Market,bySource (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 ) - Size, Share, Outlook, and Opportunity Analysis, 2018 - 2026
The global bioactive peptide market size was valued at US$ 3,265.2 Mn in 2017, and is expected to exhibit a CAGR of 9.4% over the forecast period (2018–2026). Market Growth. • Increasing incidence of diseases like diabetes, cancer, and respiratory disorders is expected to drive growth of the global bioactive peptide market. According to the International Federation of Diabetes, 2017 report, around 425 million adults were suffering from diabetes globally, and the number is expected to reach 629 million by 2045. • According to a press release on September 2018 by the International Agency for Research on Cancer, the global cancer burden is estimated to have risen to 18.1 million new cases and 9.6 million deaths in 2018. Moreover, 1 in 5 men, and 1 in 6 women worldwide develop cancer during their lifetime, and 1 in 8 men, and 1 in 11 women die from the disease.
According to World Health Organization, 2017 statistics, an estimated 3.17 million incidences of chronic obstructive pulmonary disease (COPD) were recorded in 2015, which is COPD accounted for 5% of deaths globally in 2015. More than 90% of COPD incidences occur in low and middle income countries. • Innovations and products launches by market players is expected to drive growth of the bioactive peptides market during the forecast period. In November 2018, Nuritas Ltd., announced the commercial launch of Peptide which contains anti-inflammatory bioactive peptides. It was the first bioactive ingredient discovered and delivered through artificial intelligence.
Figure 1. Global Bioactive Peptide Market Value (US$ Mn), by Region, 2018
Growing Demand for nutritional supplements • There has been increasing awareness among the populace regarding disease conditions, owing to initiatives and campaigns by government organizations, and increasing healthcare spending by government organizations are projected to drive growth of the global bioactive peptide market. According to Council for Responsible Nutrition (CRN) Washington, October 2018, Consumer Survey on Dietary Supplements, conducted by Ipsos Public Affairs found that 75% of U.S. adults take dietary supplements in 2018, compared to 65% in 2009. • Furthermore, strategic collaborations between market players for development of innovative products is expected to facilitate demand for bioactive peptides. For instance, in December 2018, Nestle and Nuritas Ltd. collaborated to discover food derived bioactive peptides.
Figure 2.Global Bioactive peptide Market Share (%),by Therapeutic Area
Competitive Section Major players operating in the global bioactive peptides 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 ValioOy among others.
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