Collagen Peptide Market, Demands, Major Players, Consumer Trends, Analysis & Forecast Till 2026
According to the current analysis of Reports and Data, the global collagen peptide market was USD 761.3 Million in 2018 and is projected to grow at a CAGR of 11.1% from 2019 to 2026. Collagen peptides are a rich source of healthy and protein nutrition. Collagen peptide is easily digestible, cold-soluble, and highly bioactive sources of collagen. These are the bioactive peptides derived from the enzymatic hydrolysis of collagen. These collagen peptides are derived by breaking down molecular bonds between individual collagen strands to peptides. Moreover, it is also one of the most commonly used food additives, especially in the confectionery industry and several dairy products, such as yogurts, cream desserts, and a varied range of low-fat dairy products and is used to enhance the texture and stability of the product.
Collagen peptides are used as cosmetic
or medical products in various skin creams and treatments to diminish the
appearance of wrinkles and to moisturize skin. Its production tends to decrease
within the body with age, changing lifestyle habits, and an unhealthy diet. Consumers
desire to include it through their diet rather than collagen peptide
injections. Therefore, these products are being fortified into a variety of
food & beverage products to improve their nutritional benefits and are
extensively used in various applications such as dairy, sports nutrition,
beverages, snacks & cereal, poultry & meat, and personal care products.
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Darling Ingredients, Tessenderlo Group,
Cargill, Kewpie Corporation, Danish Crown, Vital Proteins LLC., Kayos Naturals,
Orgain, Inc., Aspen Naturals and Gelixer are some of the major players in this
market. In February 2018 Darling Ingredients has introduced a new collagen
peptide-based product named StabiCaps. It will help the company to broaden its
collagen peptide product line.
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- PEST analysis of the market in the five
major regions.
Further key
findings from the report suggest
- By source, products derived from porcine
holds the remarkable share of 37.1% in 2018. Porcine is rich in these
proteins, which are considered to be steadier in comparison with proteins
from other sources. Most of these products are sourced from animal
tissues, as they contain a high amount of amino acids. Different methods
are used to extract these proteins, which include the salting out,
alkaline, acid, and enzyme methods. In June 2018, Tulip Food Company a
group of Danish Crown acquired Zandbergen to meet the rising demand for
bacon products in the global market
- North America is expected to grow at CAGR
of 9.1% during the analysis period. The increasing demand for collagen
peptide is attributed to mounting demand for functional protein.in this
region,
Segments covered
in the report:
This report forecasts revenue growth
at a global, regional & country level, and provides an analysis of the
market trends in each of the sub-segments from 2016 to 2026. For the purpose of
this study, Reports and Data have segmented the collagen peptide market on the
basis of source, application, and region:
Source (Revenue,
USD Million; 2019-2026, and Volume Metric Tons-2026)
- Bovine hide & bones
- Porcine
- Marine
- Sheep
- Poultry
- Alternative sources (enzymes)
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Application
(Revenue, USD Million; 2019-2026, and Volume Metric Tons-2026)
- Pharmaceutical
- Biomaterials
- Others
- Food and Beverages
- Food
- Sausages and Others
- Nutritional products
- Sports nutrition
- Dietary supplements
- Beverages
- Carbonated beverages
- Non- carbonated beverages
- Others (alcoholic beverages and fruit
juices)
- Dairy products
- Cheese
- Yogurt
- Others (cream and ice cream)
- Meat & poultry products
- Snacks & cereal
- Others (bakery products, confectionery
products, and desserts)
- Veterinary
- Cosmetic
- Anti-aging
- Others
- Nutraceutical
- Oral Collagen Supplementation
- Healthcare
- Wound healing
- Cardiac
- Others
- Other applications
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Regional Outlook
(Revenue, USD Million; 2019-2026, and Volume Metric Tons-2026)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
- Brazil
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