According to BlueWeaves
Consulting, Global Collagen Peptide Market size is expected to reach USD
4,778.40 Million by 2026 from USD 3,677.63 Million in 2019 at a CAGR of 3.89%
over the forecast period 2020-2026. The growth of the global food processing industry,
consumer awareness, and prevalence of lifestyle diseases has caused a paradigm
shift in the consumption of food. The food formula containing protein is
preferred for various health reasons. Nutra-ceutical and functional foods help
prevent age-related diseases and are extensively consumed worldwide, giving
opportunities for more product experimentation.
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The rising
wellness concerns among global population and increasing focus on protein
intake drive the Global Collagen
Peptide Market, particularly in developed countries such as the
US and Canada. Besides, the collagen peptides industry is expected to receive
continuous investments from manufacturers due to various uses and demand.
Consequently, new product launches in the food and beverage, cosmetics, and
pharmaceutical industries are expected during the projected period.
Collagen is an animal protein, which can be derived from bones, skin or connective tissues of cattle, fish, rabbit, horses or pigs. Collagen peptides are a versatile protein source, and their nutritional and physiological properties improve bone and joint health and lead to beautiful skin. They increase bone density, relieve joints pain and help reduce wrinkles & roughness of skin. The collagen peptide industry is in the process of development, with numerous players often adapting and discovering the benefits that it provides to the consumers.
In respect of source, the
market is segmented into Bovine, Porcine, and Marine & Others. Among all
sources, the Bovine segment is anticipated to develop at a faster pace during
the projection period due to easy availability and biocompatibility of beef. It
will be followed by Marine source as fish are considered the best in terms of
absorption rate, little fat and a high percentage of proteins. Also, its high
bioavailability compared to other animal-derived collagen peptides makes it
more appropriate for medical purposes.
Collagen hydrolyte or
collagen peptide is extensively used as a protein-ingredient in the culinary
and food processing industry. It is tasteless and blends into the product seamlessly
making it light for quick absorption in the body. It is used in various juices,
shakes, smoothies, and frozen yoghurts to help soothing nourishment, providing
a lucrative incentive to the players in the food and beverage industry to
propel the market growth.
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Growing healthcare
awareness and desire for safe-ageing among consumers have resulted in the
enhanced demand for such nutritious food supplements and products. The specific
functionalities of food-intake specifically related to protein find traction
for wellness.
Collagen Peptide is
widely used for wound healing, bone repair and a wide variety of dental,
orthopedic, and surgical ailments. Also, it finds application in cardiac
diseases as the heart valves consist of collagen tissue. The artificial
collagen derived from animal sources helps correct the valve-hardening because
of calcium accumulation over age.
Collagen sponges,
shields, liposomes, microspheres, and nanoparticles are some of the drug
delivery products used in the treatment of diverse diseases. For instance,
Liposomes and nanoparticles provide sustained relief, whereas the encapsulation
of active pharmaceutical ingredient (API) protects against disintegration in
gastric acid juices. The increased marketing of novel Collagen-based drug
delivery systems, rigorous Research and Development Activities in regenerative
medicine and wound healing, and increased awareness of the Personal Well-Being
drive the Collagen Peptides Market.
North America holds the
major share and is expected to maintain it with significant CAGR in the
Collagen Peptide Market over the projected period because of high use of
personal care, pharmaceutical and nutra-ceutical products in the region. The
regional players are expected to augment investments in this domain and
continue new collagen-containing product launches in the food and beverage,
cosmetics, and pharmaceutical industries. The development is attributed to a
high degree of public awareness about the various benefits of these products
and the increasingly growing beauty and nutritional products industry in
American countries such as the United States and Canada. On the other hand,
certain countries are anticipated to witness a substantial growth due to
growing disposable income, rapid industrialization and various strategic
initiatives of collagen peptide manufacturers.
“The leading companies” in
the Collagen Peptide Market are Tessenderlo Group, Holista CollTech Limited,
Darling Ingredients Inc., Nitta Gelatin Inc., Amicogen, Inc., Gelita AG,
Advanced BioMatrix, Inc., Collagen Solutions Plc., LAPI GELATINE S.p.A.,
ITALGELATINE S.p.A., Nippi Inc. and others.
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