P e r s i s t e n c e M a r k e t R e s e a r c h dominating sub-segment amongst the animal source bio active protein and peptides segment owing to an increasing demand for whey proteins from the food and beverages industry. On the basis of application, the functional food segment is expected to gain the highest market share in revenue terms, accounting for 35 % market share in 2016. This primarily due to increasing consumer concerns over a healthy diet and body fitness.
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Among regions, North America is anticipated to dominate the global bio active protein and peptides market over the forecast period. Sales revenue of bio active protein and peptides in North America has been estimated to account for the largest market share of 35 % by 2016 end. Sales revenue of bio active protein and peptides in Japan is anticipated to increase at the highest Y-o-Y growth rate during 2016 – 2026 due to the presence of a large number of manufacturing units in the region. North America is a rapidly growing bio active protein and peptides market owing to increasing demand for sports and nutritional food. Consumers in North America are highly focused on their health and fitness. Also, due to busy lifestyle and work culture, consumers in North America are opting for ready-to-eat and ready-to-drink food and beverages, which has given immense scope for manufacturers in the North America bio active protein and peptides market to develop products specially catering to the functional food and beverages segment.
The report features some of the companies operating in the global bio active protein and peptides market. The companies profiled in the report are Archer Daniels Midland Company( ADM), Kerry Group, Cargill Inc., Omega Protein Corporation, Bunge Ltd., E. I. Du Pont De Nemours and Company, Fonterra Co-operative Group Ltd., Royal DSM, and CHS Inc. Leading market players are actively focusing on capacity expansion as well as industry specific new product development.
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Global Bio Active Protein and Peptides Market 2016-2026