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Silk Protein Market Trends

  • Report ID: GMI9235
  • Published Date: Apr 2024
  • Report Format: PDF

Silk Protein Market Trends

The silk protein industry is witnessing several notable trends that are shaping its trajectory. One prominent trend is the surge in demand for silk protein in skincare products, driven by its moisturizing and anti-aging properties. Beauty and cosmetics companies are increasingly incorporating silk protein into their formulations, capitalizing on its ability to enhance skin texture and promote collagen production. Another trend is the growing popularity of silk protein in haircare products, where it is valued for its ability to strengthen hair strands and improve overall hair health.
 

Furthermore, the market is experiencing a shift towards sustainable and eco-friendly practices, with silk protein aligning well with this trend. Consumers are seeking products that are not only effective but also environmentally conscious, leading to a rise in the use of silk protein in natural and organic cosmetic lines. This emphasis on sustainability is also extending to the textile industry, where silk protein-based fabrics are gaining traction as an eco-friendly alternative to traditional materials.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industry size for silk protein was USD 921 million in 2023 and is projected to register over 6.2% CAGR from 2024 to 2032, owing to the growing consumer preference for natural and sustainable ingredients in skincare and haircare products.

The fibroin segment in the silk protein industry recorded USD 543.33 million in 2023 and is estimated to grow at substantial CAGR between 2024 and 2032, due to its exceptional strength, biocompatibility, and biodegradability.

Asia Pacific industry size was USD 462.21 million in 2023 and is predicted to grow at notable rate between 2024 and 2032, led by the strong presence of textile industry, infrastructure, and the expertise in silk production.

AMSilk GmbH, Bolt Threads, Caribbean Natural Products Inc, Evolved by Nature (previously Silk Inc.), Huzhou Aotesi Biochemical, Huzhou Xintiansi Bio-tech Co., Ltd., Kraig Biocraft Laboratories, Inc., KISCO Ltd, Proteina, and SilkTech Biopharmaceuticals are some of the leading silk protein companies worldwide.

Silk Protein Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 220
  • Countries covered: 22
  • Pages: 320
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