Peptide Market Is to Hit One Billion U.S. Dollars. The Trend in Recent Years Should Not Be Underestimated
According to the report from Grand View Research, the global peptide synthesis market size recorded revenue of USD 379.99 in 2018 and is expected to reach USD 1,011.99 million by 2026 growing at the CAGR of 13% during the forecast period. In addition, due to the increasing awareness regarding the negative impact of chemical additives on health and environment, many powder supplement manufacturers, including Wel-Bloom, start using peptides as the food additives to enhance the shelf life, improve the flavor of food, and be used as surfactants or even antibacterial agents. These new research directions and technologies are gradually growing in health food market, which emphasize the importance of peptides.