Market Research Report
Collagen (Gelatine & Collagen Peptide) Market - Global Forecast To 2022
|Published by||Meticulous Market Research Pvt. Ltd.||Product code||523825|
|Published||Content info||198 Pages
Delivery time: 1-2 business days
|Collagen (Gelatine & Collagen Peptide) Market - Global Forecast To 2022|
|Published: July 3, 2017||Content info: 198 Pages||
Collagen Market by Product (Gelatine and Collagen peptide), by Source (Porcine, Bovine, Marine, Chicken, Sheep, and others) by application (Food and Beverages, Pharmaceuticals, Nutraceuticals, Cosmetics, Healthcare, and Technical) - Global Opportunity Analysis and Industry Forecasts, 2015-2022
Global Collagen (Collagen Peptide & Gelatine) Market is expected to reach USD 4,572.7 million by 2022 supported by a CAGR of 6.5% during the forecast period of 2017 to 2022.
The global collagen market is mainly driven by the increasing use of collagen in food industries, growing inclination towards healthy diet & protein consumption, increasing use of collagen based on biomaterials, and growing applications in nutricosmetics, healthcare & pharmaceuticals. In addition, rise in per capita income in developing nations and growing food processing industry further provides significant opportunities in this market. However, factors such as safety concerns, religious constraints, and growing use of alternatives such as pectin gels, modified starch gels, high acyl gellan gum, and carrageenan could restrict the growth of this market to some extent.
The bovine, porcine, marine, chicken, and sheep are the leading sources of collagen and gelatine. The increased production and processing of these sources across the globe accelerates the growth of collagen market.
Collagen finds its major application in the confectionery, dairy, meat & fish products, beverages, and in many others food products to improve their organoleptic properties. Gelatin is also one of the most commonly used food additives in the confectionary industry and various dairy products like yogurts, cream desserts, mousses, a variety of low-fat dairy products, cheeses, etc. to improve the texture and stability of the product. These properties helps drive the global collagen market in the food and beverages sector.
Geographically, the global collagen market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. These regions are further analysed at a country level with a detailed qualitative and quantitative analysis. North America is the major market in the global collagen market closely followed by the Europe, with the U.S. contributing a major share. On the other hand, the Asian market, especially India and China, is expected to witness a boost in demand for collagen and are poised to register maximum growth over the next five-six years, as a result of their economic development and growing use of collagen in food industries.
The major companies have implemented various strategies to expand their product and services offerings, global footprint and augment their market share. The key strategies followed by most companies in the global collagen market were agreements, collaborations, partnerships, new product developments, acquisitions, and expansions. The key players in the global collagen market are Rousselot, GELITA AG, Weishardt Holding, Tessenderlo Group, Nitta Gelatin Inc., LAPI GELATINE S.p.a., Italgelatine S.p.A., EWALD-GELATINE GmbH, REINERT GRUPPE Ingredients GmbH, TrobasGelatine BV., GELNEX, JUNCÀ GELATINES, S.L., HolistaCollTech Limited, Collagen Solutions Plc, and Advanced BioMatrix, Inc.