Collagen peptides, also known as hydrolyzed collagen, are short amino acids chains that are derived through enzymatic hydrolysis process of collagen. These are easily digestible, cold-soluble, and are highly bioactive sources of collagen.
|Study Period||Historical Data: 2015-19|
|Base Year: 2019|
|Forecast Period: 2020-25|
|Regions Covered||North America|
|Middle East & Africa|
|Key Companies Covered||
Global Collagen Peptides Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of Global Collagen Peptides market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc.
According to MarkNtel Advisors’ research report titled “Global Collagen Peptides Market Analysis, 2020”, the Global Collagen Peptides market is anticipated to grow at a CAGR of around 9.5% during 2020-25F. Based on Form, Dry form dominated the Global Collagen Peptide Market in 2019 owing to the wide usage of the ingredient across various industries such as personal care & cosmetic, pharmaceutical etc., due to its solubility feature. Moreover, the demand for dry ingredient is escalating in various food applications owing to its excellent blending properties.
Moreover, the rising demand for aging collagen creams and nutraceuticals products has augmented in the developing countries has imposed a lucrative opportunity for the cosmetics & personal care product manufacturers to use fish collagen powder in their products. Thus, this is estimated to fuel the demand of dry collagen peptide in the forthcoming years.
Nutritional Products Acquired a Considerable market share
Based on application, nutritional products segment acquired the considerable market share in the Global Collagen Peptides market largely due to a boost in the need for sports nutrition products to stimulate muscle growth and rise in bones and joints problems among the aging population. Thus, these factors have further led to the extensive use of collagen peptides in nutritional products as collagen peptides actively help in improving athletic performance and reduces the risk of injury.
Moreover, personal care & cosmetics is also projected to grow at an astronomical rate in the coming years on account of an emerging beauty industry in the developed and developing countries which has made the application of collagen peptides in beauty products prominent. In addition, the rising urban population and aging population has bolstered the consumption of beauty products containing collagen peptides. Therefore, these factors are anticipated to strongly contribute toward the growth of the Collagen Peptides market globally in the near future as stated in the MarkNtel Advisors’ research report “Global Collagen Peptides Market Analysis, 2020”.
According to MarkNtel Advisors, the key players with a considerable market share in the Global Collagen Peptides market include Tessenderlo Group, Gelita, Holista Colltech, Darling Ingredients, Nitta Gelatin, Gelnex, Lapi Gelatine, Weishardt, Crescent Biotech, Foodmate etc.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on Global Collagen Peptides Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of Global Collagen Peptides Market during 2020-25?
A. The growth rate of Global Collagen Peptides Market during 2020-25 is forecast to be grow at a CAGR of 9.5%.
Q. Who are the key competitors or players operating in Global Collagen Peptides Market?
A. Tessenderlo Group, Gelita, Holista Colltech, Darling Ingredients, Nitta Gelatin, Gelnex, Lapi Gelatine, Weishardt, Crescent Biotech, Foodmate etc., are few of the leading players in the Global Collagen Peptides Market.
Q. Which form segment would emerge as an opportunity area for players in Global Collagen Peptides Market?
A. Dry form is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which region would emerge as an opportunity area for players in Global Collagen Peptides Market?
A. Asia-Pacific grabbed a significant market share continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Global Collagen Peptides Market.