Global Silk Powder Market By Application (Cosmetics & Personal Care Products, Pharmaceuticals, Nutraceuticals), By Compound (Fibroin, Sericin), By Distribution Channel (Offline Stores, Online Platform), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

Several cosmetics companies have raised their research and development spending in order to manufacture successful products that fulfill the needs and criteria of their customers. This is one of the major component that is expected to bolster the target market’s sales growth.

Market.US announces the publication of its most recently generated research report titled, “Global Silk Powder Market by Application (Cosmetics & Personal Care Products, Pharmaceuticals, Nutraceuticals), By Compound (Fibroin, Sericin), By Distribution Channel (Offline Stores, Online Platform), and by Region – Global Forecast to 2031”, which offers a holistic view of the Global silk powder market through systematic segmentation that covers every aspect of the target market.

Global silk powder market is projected to be US$ 4,578.2 Mn in 2021 to reach US$ 7,329.2 Mn by 2031 at a CAGR of 4.9%

Silk is a natural protein fiber made from several amino acids. Silk amino acids, silk peptides, and silk powder are the three most common silk extracts derived from silkworm cocoons. Silk powder is a translucent substance containing a high level of fibroin when compared to natural silk. It is made of high-quality silk using precise technology to maintain its chemical properties.

Silk collected from silkworms is composed of two types of compounds, namely sericin, and fibroin. Sericin has a wide range of biological functions, such as an antioxidant, for UV protection, moisturizing, antibacterial, antimicrobial, anticoagulant, and its anti-cancer properties, it is even used to promote cell growth in wound healing.

Sericin protein has a wide array of applications as a dietary additive in the food industry, molecular biology, cosmetics, pharmaceuticals, and the textile industry. Fibrin is a dominant silk protein with ideal properties that make it a useful biomaterial for drug delivery. Silk fibroin has excellent water absorption, insulation properties, light in weight, with a soft texture, and even has good thermal stability.

Global Silk Powder Market Revenue (US$ Mn), 2021–2031

The increasing popularity of smartphones and e-commerce platforms among various end-users, as well as several efforts by numerous cosmetics brands to increase/improve their given brand image by leveraging social media, are also factors that are expected to result in an increase in the demand for cosmetics over the next few years.

Furthermore, with the help of these platforms, manufacturers are now more capable of offering detailed information regarding their products and are also able to gather feedback from their users, in turn, effectively expanding the respective customer bases in the process. This factor is also expected to have a positive impact on this industry in the foreseeable future.

Availability of arrowroot powder as an alternative to silk powder is also expected to hamper the demand for silk powder. Moreover, silk powder is finely ground silk, and if inhaled or swallowed can result in certain allergic skin reactions and systemic reactions. This factor is expected to hinder the future demand for silk powder to a certain extent.

Global Silk Powder Market Attractiveness Analysis by Compound, 2015–2031

The global silk powder market is segmented on the basis of compound, application, distribution channel, and regions. Under the segmentation of compound, the fibroin segment is expected to account for the majority revenue share of this target market. In terms of application, the cosmetics & personal care products segment is expected to create a major share over the forecast period.

With regards to distribution channels, the offline stores accounted for a significant revenue share, followed by online platform. On the basis of region, the APAC market is estimated to account for a major share of the global silk powder market, in terms of revenue, and is projected to maintain its respective market position over the forecast period.

The research report on the global silk powder market includes profiles of some of the major companies such as

• Croda International Plc
• Ichimaru Pharcos Co. Ltd.
• Uniproma
• Hangzhou Lin Ran Bio-tech Co. Ltd.
• SEIDECOSA Skincare India Pvt Ltd
• Huzhou Xintiansi Bio-tech Co. Ltd.
• Wuhan Healthdream Biological Technology Co. Ltd.
• Huzhou Aotesi Biochemical
• Proteina
• others

Segmentation for Global Silk Powder Market Based on Application, Compound, Distribution Channel, and Region

Based on Application

• Cosmetics & Personal Care Products
  • Face Creams and Moisturizers
  • Shampoos
  • Makeup Products
  • Other Products
• Pharmaceuticals
  • Sutures
  • Tissue Regenerating Drug
  • Wound Dressing
  • Other Pharmaceuticals
• Nutraceuticals
  • Whey Proteins
  • Other Products

Based on Compound

• Fibroin
• Sericin

Based on Distribution Channel

• Online Platform
• Offline Stores

Based on Region

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

For the Silk Powder Market research study, the following years have been considered to estimate the market size: