Collagen peptides, also known as hydrolyzed collagen, are small bioactive peptides obtained from the enzymatic hydrolysis of collagen. They have widespread applications in food & beverage, pharmaceuticals & nutraceutical and personal care industry. Moreover, increasing health consciousness, rising trends of self-medication and growing demand for bone and joint care products are some of the key driving factors for global collagen peptide market as with growing age human body tends to produce less collagen.
Global Key Players and Competition Analysis
Cargill Inc. (US), Darling Ingredients (US), Tessenderlo Group (Belgium), Kewpie Corporation (Japan), Danish Crown (Denmark), Ewald-Gelatine GmbH (Germany), Nitta Gelatin Inc. (Japan), GELITA AG (Germany), Italgelatine S.p.A (Italy), and Juncà Gelatines, S.L (Spain) are some of the key players in the market.
Segmentation Analysis
Global Collagen Peptide Market has been segmented into source, application, and region.
The market based on source has been segmented into animal-based collagen and marine-based collagen. Animal-based collagen is expected to dominate the source segment due to easy availability of raw material. However, marine-based collagen peptides are more bioavailable, fat and calcium-free, show better efficacy than animal-based collagen, and are a better option for medicinal purposes.
Based on application, the market is segmented into food & beverages, pharmaceuticals & nutraceuticals, personal care, and others.
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Regional Analysis
Geographically, North America is anticipated to dominate the global collagen peptide market during the forecast period, owing to rising prevalence of chronic diseases in the region. The market in Europe is expected to be the second largest market due to increasing consumer preference towards functional and nutritional food products.
Market Scope
Moreover, wide use of collagen peptide in food processing industry, as a tendering agent in meat and poultry industry, storage stabilizer in confectionary and dairy industry is further supporting growth of this segment. Growing trend of preventive therapy, increased consumer understanding about nutrition, and demand for dietary supplements are expected to contribute to the growth of the pharmaceutical & nutraceutical segment.
Browse the market data and information spread across 90 pages with 41 data tables and 10 figures of the report “Collagen Peptide Market Research Report – Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/collagen-peptide-market-6438
Industry News:
India, September 2018 Market Research Future has published a half-cooked research report on the global collagen peptide market.