Zion Market Research, the market research group announced the analysis report titled ‘Collagen Peptides Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024’
Global Collagen Peptides Market: Overview
Collagen peptides are short amino acids chains that are naturally obtained from collagen protein. These collagen peptides are highly digestible, soluble in cold water, and bioavailable. The ingestion of collagen secures the elasticity, cohesion, and regeneration of hair, skin, cartilage, tendon, joints, and bones. Collagen peptides are naturally present in the extracellular matrix of animal tissues and cells. Thus, the increasing demand for collagen peptides is assumed to propel the growth of global collagen peptides market in the near future.
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Global Collagen Peptides Market by Growth Factors: The major factor propelling the growth of the global collagen peptides market is the increasing functional and processed food & beverage industry. In addition, the increase in consumption in the developed economies of snacks, dairy products, and bakery is expected to boost the growth of the market. The hectic work agendas require on-the-go utilization and suitable meals. Apart from that, health awareness and the increase in expendable income have augmented the trades of collagen peptides as functional constituents. Even the food safety laws and health risks of synthetic and artificial components have aided in enlightening consumers about the advantages provided by collagen peptides in the food & beverage products.
Global Collagen Peptides Market by Segmentation: The global collagen peptide market can be segmented based on application, source, and geography. The application segment of the market is divided into dairy products, cereals & snacks, poultry & meat products, and beverages. The source segment of the global market is classified into pigskin, cattle hide & bone, fish, and poultry. Geographically, the global collagen peptides market is diversified into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
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Global Collagen Peptides Market by Regional Analysis: North America is anticipated to be the dominating region in the global collagen peptides market. The growth of this region can be attributed to factors, including improved R&D in the domain of novel drug delivery techniques, large-scale utilization of cosmetic products, and a well-built industrial framework. Asia-Pacific region is also expected to grow in the global market in coming period owing to the growing alertness about nutrition and health, the increasing industrial sector, and the rising digit of slaughterhouses, poultry houses, and marine product collection organizations. Europe is also anticipated to grow at a faster rate in the market in the coming period due to the existence of various prominent nutrition product research organizations and greatly developed pharmaceutical and beverages & food industries.
Global Collagen Peptides Market by Competitive Players: The major players in the global collagen peptides market are GELITA AG, Cargill, Incorporated, Rousselot, Weishardt Group, Roxlor LLC, and Tessenderlo Group. The other key players in the global market include Italgelatine SpA, InterHealth Nutraceuticals, Lapi Gelatine, Kewpie Corporation, Gelnex, Holista Colltech Limited, and Danish Crown A/S.
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Collagen Peptides Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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