PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421828
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421828
The global osteopontin market size is expected to reach USD 793.93 million by 2032, according to a new study by Polaris Market Research. The report "Osteopontin Market Share, Size, Trends, Industry Analysis Report, By Type (Human, Rat, Cow, Others); By Application; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Osteopontin is a protein derived from cow's milk that can be used in infant formula and baby nutrition regimens and has undergone considerable phosphorylation. Manufacturers are coming up with new product formulations to create high-quality infant formulas that can be customized to treat a child's illnesses and satisfy other nutritional needs. Governments are supporting the products with osteopontin after checking their quality and effectiveness in curing.
According to parent company Health and Happiness Group (H&H Group), one of the main ingredients in the recently approved newborn formula by Biostime in China is lactopontin (LPN), also known as osteopontin from the cow's milk. This is demonstrating the rise in further research activities about osteopontin, fueling its expansion in the coming years. Manufacturing companies are investing time and funds to create new products with a higher nutritional profile, like breast milk, which has osteopontin as a major ingredient.
Osteopontin has gained traction in recent days owing to its higher nutritional content and its ability to treat various health difficulties in humans. It is believed that the milk protein osteopontin contributes to the development of the immune system, healthy bones, and teeth. Growing research and development activities to determine the benefits of osteopontin and its effectiveness in treating health care issues are driving the demand for this protein in the coming years. According to the study, which was published in the journal Nature in 2023, osteopontin & CD44 molecules are crucial for triggering hair growth. This revelation from the study will further create new growth opportunities for the osteopontin market by fueling research activities to innovate new products in the marketplace.
Growing osteoporosis is driving further research activities to create effective therapies and use osteopontin in medical formulations. Osteoporosis is a bone disease that results in weakened bones and a higher risk of bone fractures. Heavy drinking over time might affect the body's capacity to develop new bones and replace worn-out skeletal tissues. Due to the decreased bone density, this raises the risk of bone fractures and osteoporosis, driving demand for osteopontin in the coming years.
Human segment will grow at rapid pace, due to the rise in researchers and pharmaceutical companies' efforts to create effective product formulations.
Medical segment accounted for the largest market share owing to the growing scientific studies specializing in pharmaceutical and medical therapy formulations.
North America is projected to register the largest growth rate, owing to the bone-related diseases in the region.
Europe is expected to have the fastest growth owing to companies following stringent regulations and building trust among the people in the region.
The global players include: Abnova, ACROBiosystems, Arla Foods Ingredients, BioLegend, MilliporeSigma & MyBioSource.
Polaris Market Research has segmented the osteopontin market report based on type, application, and region: