Market Analysis and Insights: Global Placenta Market
Placenta is the vascular organ in most mammals that connects the fetus to the uterus of the mother. It mediates the metabolic exchanges of the developing individual through an intimate association of embryonic tissues and of specific uterine tissues, which serve the functions of respiration, nutrition, and excretion. Placentas are also used as a source of extracts for ingredients in various consumer products.
Due to the COVID-19 pandemic, the global Placenta market size is estimated to be worth US$ 81 million in 2022 and is forecast to a readjusted size of US$ 131 million by 2028 with a CAGR of 8.4% during the review period. Fully considering the economic change by this health crisis, Ovine Placenta accounting for % of the Placenta global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Cosmetics segment is altered to an % CAGR throughout this forecast period.
The classification of Placenta includes Ovine, Porcine, Equine and Others. Ovine accounted for a share of 44% in the global Placenta market.
Japan is the largest consumption place, with a consumption market share nearly 36%. Following Japan, Europe is the second largest consumption place with the consumption market share of 15%.
Market competition is intense. Japan Bio Products, Charites Japan, Japan Natural Laboratories, Bovogen Biologicals, Thimba Li, Agri-Lab Co-Products, etc. The top five vendors held 51% of the market, in terms of Placenta revenue.
The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2017-2028. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.
Segment by Type
Segment by Application
Consequence of Covid-19 Pandemic
The authors of this study have enlightened the readers on the rise and effect of the Covid-19 outbreak on the development. They have investigated the changes brought about in the demand/supply side, consumption, supply chain, and sales/manufacturing. The readers will get familiar with the measures that have helped the key players to bring the Placenta market back to the pre-covid levels.
Trends & Prospects
In this segment of the report, the specialists have delved into the key growth opportunities that are likely to emerge. This will aid the key players to simplify complex issues related to business and frame future strategies to compete in this competitive environment. This section will certainly assist the players to boldly position their business.
Middle East & Africa
In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and share analysis of the prominent players are also provided in this section. They have also provided reliable sales and revenue data of the manufacturers for the period 2017-2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices. Mentioned below are the prime players taken into account in this research report:
Japan Bio Products
Japan Natural Laboratories
Hokkaido Natural Bio Group
Shaanxi Jintai Biological Engineering