Collagen Peptides Market Has Transformed Rapidly in Past Few Couple of Decades – Industry Outlook By Size, Share, Demand, Growth, Technology And Emerging Trends 2020-2030

The Collagen Peptides Market - Global Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, business strategies, research & development activities, production and consumption, supply chain analysis, competitive landscape, and market composition analysis.

Collagen are a source of protein that exhibits nutritional and physiological properties essential for health of bones, joints, and skin. The collagen consists of three poly peptide chains namely α-chains, proline (Pro) and hydroxyproline (Hyp). The natural production of collagen peptides in human body slows down with age, thus collagen peptide has emerged as a part of daily diet through oral intake. Collagen peptides are widely used in beverages, dairy products, and health drinks to keep up with the daily requirement of protein. Additionally, consumption of collagen peptides in appropriate form helps in improving skin health and thus is witnessing increased demand from 40 to 55 age population. Another factor driving the global collagen peptide market is the implementation of government regulation on the inclusion of proteins and hydrolyzed proteins such as collagen, albumin, or casein in the production of food products. The global collagen peptide market is anticipated to grow at a CAGR of 10% during the forecast period.

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Pigskin based collagen peptides to drive market growth in coming years

The global collagen peptides market has been segmented based on source, product form, applications and geography. Based on source, global collagen peptides market is segmented into cattle hide & bone, poultry, fish, pigskin, and others. The pigskin based collagen peptides dominated the market in 2018 and is anticipated to be the dominating segment throughout the forecast period owing to rising demand from Europe and North America. The extraction of collagen peptide from pigskin is less expensive as compared to other sources, thereby the demand for pigskin based collagen peptide is anticipated to grow during the forecast period.

Rising health awareness and increased daily protein consumption to fuel demand for collagen peptide

Based on application, the market is segmented into nutritional products, beverages, dairy products, meat & poultry products, snacks & cereal, and others. The nutrition products are further sub-segmented into sports nutrition, and dietary supplements. The beverages are further sub-segmented into carbonated beverages, non-carbonated beverages, and others. Similarly, the dairy products are sub-segmented into cheese, yogurt, and others. Among these applications, the nutritional products dominated the global collagen peptide market in 2018 owing to high demand from sports nutrition. The demand for dietary supplements is increasing with rising awareness regarding the benefits of protein in maintaining healthy lifestyle and is anticipated to bolster the growth of collagen peptide market in near future.

Based on geography, the global collagen peptides market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America dominated the market in 2018 owing to rapidly expanding food and beverages industry across the region. Additionally, rising health awareness across the region to tackle with lifestyle diseases has triggered the growth in consumption of nutrition products as a part of daily diet. This has supported the growth of collagen peptide market in North America. Asia Pacific is anticipated to be the fastest growing market during the forecast period owing to rising demand for meat & poultry and nutritional products from China, India, and Japan.

Major players dominating the global collagen peptides market include Cargill, Incorporated, Danish Crown AmbA, Darling Ingredients, Inc., GELITA AG, GELNEX, Italgelatine S.p.A., Juncà Gelatines SL, Kewpie Corporation, LAPI GELATINE S.p.a., Nitta Gelatin, NA Inc., Tessenderlo Group, and Weishardt.

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