Market Insight
The Collagen Peptide Industry could maintain a strong run from2020 to 2027 and capture a significant growth rate, says MRFR (Market Research
Future).
Primary Boosters and Challenges
The dramatic rise in health awareness among people and themounting interest in personal care as well as healthy aging could create
attractive opportunities for the nutraceuticals and cosmeceuticals sectors. This
should give a robust push to the global market. The collagen peptides industry
can further gain from the extensive use of collagen peptides in various dietary
supplements and food products and beverages.
Large-scale spending on research and development of highlyadvanced products, rapidly soaring food processing sector and the heightened
preference for protein-rich products will also foster the business value.
Collagen peptides have a number of amino acids that are considered to be the building
blocks of proteins. Reputed brands are advertising their collagen
peptides-based items, educating consumers about their property of reducing
chances of juvenile blindness, rheumatoid arthritis, cancer, and osteoporosis.
This can result in higher sales of these products over the years to come,
thereby elevating the market position.
Furthermore, collagen peptides are increasingly being used in the nutricosmetic,pharmaceutical and healthcare industries. The soaring instances of lifestyle disorders
are prompting people to opt for functional foods as well as nutraceuticals that
ensure healthy aging. On top of this, blossoming elderly populace coupled with
the surging obesity rate worldwide could enhance the need for collagen peptides
in the wound healing applications.
Regional Study
North America can attain the highest spot in the worldwide market,thanks to the surging prominence of several chronic disorders and the rise in
consumers’ health consciousness. Booming sales of various dietary supplements, escalating
prevalence of protein-rich diets and the high demand generated by the food
& beverage sector should augur significantly with the CollagenPeptide Industry. Collagen peptide notes substantial demand inthe region from a number of industries including food & beverages, dietary
supplements, meat products and food additives, thereby favoring the regional
market.
Several countries in Asia Pacific are witnessing rapid economicgrowth in line with improving living standards. Technical upgradations have
given way to numerous application scopes for collagen peptides, including nutraceutical
and pharmaceutical products. Besides, the product’s rising use as an ingredient
in a variety of food products and beverage encourage business expansion in the
region.
Market Segmentation
The sources of collagen peptide are either animal-based ormarine-based. Animal-based source leads the worldwide market given the huge
supply and availability of the same in the market. On the other hand, marine
source of collagen peptides has the highest absorption rate, with no fat, as
well as significant protein content. Additionally, higher bioavailability than
animal-based collagen works in favor of marine-based collagen peptides, in terms
of medical applications.
Major applications of collagen peptide are personal care,pharmaceuticals & nutraceuticals, food & beverages, and more. The
dominant segment, food & beverage, will continue with its winning streak
throughout the conjectured period. Collagen peptides have a host of
applications within the food sector; where they are utilized as storage
stabilizers for dairy and confectionery products.
Key Market Firms
Juncà Gelatines, S.L (Spain), Tessenderlo Group (Belgium), CargillInc. (US), Nitta Gelatin Inc. (Japan), Darling Ingredients (US), GELITA AG
(Germany), Italgelatine S.p.A (Italy), Kewpie Corporation (Japan),
Ewald-Gelatine GmbH (Germany), Danish Crown (Denmark) are some of the collagen peptide manufacturing companies.
Latest News
February 2022
Well Boots recently introduced No7’s Restore & Renew SerumFoundation that is a multi-benefit, expertly formulated with essential skin
benefits. This multi-benefit foundation has collagen peptide technology that
leads to firmer, plumper, and lifted skin.
NOTE: Our Team of Researchers are Studying Covid19 andits Impact on Various Industry Verticals and wherever required we will be considering
Covid19 Footprints for Better Analysis of Market and Industries. Cordially get
in Touch for More Details.
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