Global Collagen Peptides Market Is Expected to Reach USD 1,545.1 Million In 2026
The global collagen
peptides market was valued at USD 802.7 million in 2018 and is expected
to reach USD 1,545.1 million in 2026, growing at a CAGR of 8.2%
during the forecast period.
Collagen peptides is a
multipurpose and easily adaptable source of protein which is consumed as a part
of a nutritional diet. The primary benefits of collagen peptides are increased
nutrition of bones and joints. It also aids in gaining beautiful skin. The
collagen peptides consist of three α-chains of polypeptides which are
positioned in such way that they collectively form a triple-helical
macromolecule sequence of amino acids. This is a unique structure of peptides
which consist of collagen protein as a raw ingredient. The growth of the
collagen peptides market is primarily driven by the rising inclination of
consumers towards a healthy lifestyle. Growing awareness regarding the health
benefits of collagen peptides is aiding in overall industry growth in the
global market.
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The protein consumption
rate among youth as well as adults has seen a growing trend in the past few
years which has resulted in demand for collagen protein in developing economies
such as China and India. Moreover, the use of collagen peptides in the food
processing industry to increase the nutritional value is fuelling the growth of
this market. However, implementation of strict regulations for animal-sourced
collagen and limitations of distribution channel are some of the factors which
are creating a major hindrance for its market growth. On the other hand,
government initiatives to promote nutritional diet is anticipated to offer
multiple growth opportunities during the forecast period. The cattle hide &
bones segment expected to grow at the fastest rate of 11% CAGR during the
forecast period Based on the source, the global collagen peptides market has
been segmented into cattle hide & bones, pigskin, and poultry & fish.
The collagen peptides
industry is in the evolution phase with multiple consumers still adapting and
learning benefits offered by it. Cattle hide & bones is a cost-efficient
source of collagen peptides among all. Moreover, rapid growth in the healthcare
industry is driving the growth of the service offering sector. Based on the
application, the automotive segment is expected to lead during the forecast
period Based on the application, the market has been segmented into nutritional
products, beverages, dairy products, meat & poultry products, snacks &
cereal, and others. The nutritional products segment accounted for the largest
share in the market in 2018.
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Growing awareness
regarding consumption of protein is one of the key driving factors for this
segment. Additionally, the formulation of several nutritional products is propelling
the segmental growth. North America to dominate the collagen peptides market
throughout the forecast period North America accounted for nearly 31% share of
the global collagen peptides market in 2018 and is expected to dominate the
market throughout the forecast period followed by Europe and the Asia Pacific.
The strong presence of
food processing industries in the North America region is one of the key
factors driving the consumption of collagen peptides in this region. Asia
Pacific accounted for the highest CAGR in the global collagen peptides market
during the forecast period owing to the growing popularity of protein intake
among youth.Company Profiles and Competitive Intelligence: The major players
operating in the global collagen peptides market are Darling Ingredients (US),
Tessenderlo Group (Belgium), Cargill (US), Kewpie Corporation (Japan), GELNEX
(Brazil), Gelita AG (Germany), ITAGELATINE S.p.A (Italy), Lapi Gelatine
(Italy), Nitta Gelatin (Japan), and Weishardt Group (France) among others.
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Table Of Content
Chapter
1 Executive Summary
1.1.Market Summary
1.1.1.Global Collagen Peptides Market, 2016-2026, (USD Million)
1.2.Market Snapshot: Global Collagen Peptides Market
1.3.Market Dynamics
1.4.Global Collagen Peptides Market, by Segment, 2018
1.4.1.Global Collagen Peptides Market, by Source, 2018, (USD Million)
1.4.2.Global Collagen Peptides Market, by Application, 2018, (USD Million)
1.4.3.Global Collagen Peptides Market, by Region, 2018 (USD Million)
1.5.Premium Insights
1.5.1.Collagen Peptides Market In Developed Vs. Developing Economies, 2018 vs 2026
1.5.2.Global Collagen Peptides Market: Regional Life Cycle Analysis
1.1.Market Summary
1.1.1.Global Collagen Peptides Market, 2016-2026, (USD Million)
1.2.Market Snapshot: Global Collagen Peptides Market
1.3.Market Dynamics
1.4.Global Collagen Peptides Market, by Segment, 2018
1.4.1.Global Collagen Peptides Market, by Source, 2018, (USD Million)
1.4.2.Global Collagen Peptides Market, by Application, 2018, (USD Million)
1.4.3.Global Collagen Peptides Market, by Region, 2018 (USD Million)
1.5.Premium Insights
1.5.1.Collagen Peptides Market In Developed Vs. Developing Economies, 2018 vs 2026
1.5.2.Global Collagen Peptides Market: Regional Life Cycle Analysis
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