Collagen Peptide Market Research Report – Forecast to 2023
Collagen Peptide are Expected to Contribute to Market Growth During the Forecast Period from 2019 to 2023
Collagen Peptide Market Research Report – Forecast to 2023
Market Overview: Collagen is a structural protein that ensures cohesion, elasticity, and regeneration of connective tissues of the body, including skin, ligaments, cartilage, and bones.
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.
Growth in number of vegan and vegetarian consumers is expected to be restraining factor for the growth of the market.
Key Players: 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 JuncĂ Gelatines, S.L (Spain) are some of the key players in the market.
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Collagen Peptide Market Research Report – Forecast to 2023
Regional Analysis: The global collagen peptide market has been segmented by region into North America, Europe, AsiaPacific, and Rest of the World. The market in North America has further been segmented into the US, Canada, and Mexico.
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 Segmentation: The global Collagen Peptide Market is segmented into source, application, and region.
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By Source, the market is segmented based on animal-based, marine-based.
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By Application, the market is segmented based on food & beverages, pharmaceuticals & nutraceuticals, personal care.
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By Region, the market is segmented based on North America, Europe, Asia-Pacific, RoW .
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Collagen Peptide Market Research Report – Forecast to 2023