Global Bioactive Peptide Market, by Source (Plant, Milk, Eggs, Meat, Fish and Others (Bacterial Antimicrobial Peptides and Venom Peptidomics)), by Therapeutic Area (Antihypertensive, Antioxidant, Immunostimulatory, Antimicrobial, Diabetes, and Others( Gastrointestinal System and Cardiovascular System)), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, and Others(Drug Store and Mail-Order Pharmacy)), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa), is estimated to be valued at US$ 4,960.4 Million in 2022 and is projected to exhibit a CAGR of 9.4% over the forecast period (2022- 2030).
Bioactive peptides are incorporated in dietary supplements, pharmaceuticals, and novel food supplements. Such formulations tailored with health benefits are used extensively across the globe to optimize health outcomes.
Collagen peptides are now being incorporated into a variety of sports and active nutrition products to improve physical performance of athletes. In March 2019, Gelita, a food company, launched the collagen peptide which can be used in a variety of functional and nutritional beverages. Moreover collagen peptides are easily absorbed by the body and are highly bioavailable which provides better and quick results.
Moreover, in October 2021, Ancient Nutrition, a regenerative agriculture brand company, announced the launch of new line of Collagen Peptides that delivers results in one day to support resilient skin, strong nails and hair, flexible joints, a healthy gut and more.
Global Bioactive Peptide Market– Impact of Coronavirus (COVID-19) Pandemic
The coronavirus or COVID-19 outbreak started in Wuhan, China in 2019 and has spread across all the continents of the world, affecting various industries globally. The economy in countries all over the world such as India, Italy, Bangladesh, Sri Lanka, the U.S., Morocco, and others has been disrupted due to lockdowns implemented by governments to combat the spread of coronavirus since 2020.
Increasing use of food derived bioactive peptides as target for mitigating Covid-19 had driven growth of the global bioactive peptide market during the pandemic. For instance, on December 31, 2021, Journal of food bioactive, an open access journal, published a report on Potential target for mitigation of COVID-19 by food-derived bioactive peptides, which reported that oral administration of food protein hydrolysate and naturally occurring peptides exerted beneficial effects beyond conventional nutritional functions by supplying amino acids for protein synthesis, whereas food-derived peptides and amino acid metabolites had been suggested to decrease risk factors of COVID-19 by modulating the renin-angiotensin system, the innate immune system, and the antioxidant system.
Thus, impact of the Coronavirus (COVID-19) pandemic had positive impact on growth of the global bioactive peptide market.
Global Bioactive Peptide Market: Key Developments
Market players are focused on development of novel products, through partnerships and agreements. For instance, in July 2019, Nuritas, a biotechnology company and Stonehaven Incubate, a Venture Studio, entered a partnership agreement for development of advanced animal health solutions, with an initial focus on animal feed ingredient. Nuritas Ltd. combines artificial intelligence and genomics to discover and unlock natural Bioactive Peptides.