Collagen Peptide Market - Opportunities & Forecast, 2020-2027


Posted September 10, 2020 by shaqibakram

Collagen peptides are the bioactive peptides that are derived through enzymatic hydrolysis process of collagen. It is a good source of protein and a healthy nutrition that helps to improve the health of joints....

 
Collagen peptides are the bioactive peptides that are derived through enzymatic hydrolysis process of collagen. It is a good source of protein and a healthy nutrition that helps to improve the health of joints, prevent bone loss and also enhance overall skin health by reducing wrinkles and improving moisture levels in skin. Collagen peptide also referred to as hydrolyzed collagen is a highly digestible, cold-soluble and bioavailable source of collagen. The production of collagen peptide is restricted to mainly advanced countries such as US, Germany and UK as the extraction of collagen requires advanced technologies currently not available in developing countries.

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New analysis from GMI Research, expects the global collagen peptides market to valued at USD 897 million in 2018 and is expected to reach USD 1,901 million by 2026 growing at a compound annual growth rate of 8.7% during the forecast period. Growing adoption of healthier lifestyles by the consumers, wider applications of collagen peptides as well as a rise in the use of collagen peptide in the food and beverage industry are the key factors bolstering the growth of collagen peptide market. In addition, the increase in the usage of collagen peptide in nutraceuticals, medical and cosmetic applications are contributing towards the global demand of collagen peptides. Furthermore, health consciousness among the urban population is witnessing a substantial rise and hence will act as a key driver for the growth of the collagen peptide market during the forecast period.

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Global collagen peptide market share is divided by some of the key players including Tessenderlo Group, Darling Ingredients Inc., Gelita AG, Holista Colltech Limited, Gelnex, Amicogen, Capsugel, BioCell Technology LLC, Lapi Gelatine S.p.a., Nitta Gelatin India Limited, among others. Key players are investing in various strategies such as new product launches, acquisition, collaborations and expansion to sustain their leading position in the global collagen peptide market.

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The global collagen peptide market has been segmented based on the product, application, and key geographies. Based on the product, the global collagen peptide market has been segmented into animal-based and marine-based. Animal-based is further sub segmented into bovine, porcine and others. Based on application, the global collagen peptide market has been segmented into, nutraceuticals, medical, cosmetics, beverages, snacks & cereals, meat products, dairy products and others. Nutraceuticals is further segmented into sports nutrition and dietary supplements.

Key questions answered in this research report:

At what pace is global collagen peptide market growing? What will be the growth trend in the future?
What are the key drivers and restraints in global collagen peptide market? What will be the impact of drivers and restraints in the future?
What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global collagen peptide market?
What are the various application areas of global collagen peptide market and how they are poised to grow?
What companies are the major participants in global collagen peptide market and their business strategies, how does the competitive landscape look like?

About GMI Research

GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition. GMI Research’s leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our client’s business problems and add significant value to long lasting relationship.

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Last Updated September 10, 2020