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Market Research Report

Collagen Peptide Market - Growth, Trends, Forecast (2019 - 2024)

Published by Mordor Intelligence LLP Product code 866618
Published Content info 100 Pages
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Collagen Peptide Market - Growth, Trends, Forecast (2019 - 2024)
Published: April 1, 2019 Content info: 100 Pages
Description

Market Overview

Global collagen peptide market is forecasted to reach USD 1.12 billion by 2024 growing at a CAGR of 7.01% during the forecast period (2019 - 2024).

  • The increasing demand in the key segments, such as dietary supplements, food additives, beverages, and meat products has been driving the sales of collagen peptides globally.
  • The global socio-economic dynamics, along with the growing geriatric population, increased budgetary allocation to the healthcare sector, the growing popularity of a preventive approach to lifestyle diseases, and the growing nutraceutical segment, have been complementing the collagen demand.
  • Asia-Pacific is expected to be one of the fastest-growing market owing to the robust market sentiments exhibited by China and India. The region is expected to register a CAGR of 7.01% during the forecast period.

Scope of the Report

Global collagen peptide market is segmented by Source (Animal Based Collagen Peptides and Marine Based Collagen Peptides); Application as Food and Beverages (Dietary Supplements, Functional Food, Others) and Beauty and Personal Care products; and Geography.

Key Market Trends

Increasing Use of Collagen and Collagen Derivatives As An Additive

Wide application spectrum of collagen as a food additive in food and beverages and sports nutrition has been a driving factor for the global collagen and its derivatives market. Collagen derivatives has been used as a protein dietary supplement, carrier, food additive, edible film, and coating and the functional role of collagen peptide in the food & beverage industry is to improve the elasticity, consistency, and stability of food products. Furthermore, collagen also enhances the quality, nutritional, and health value of the products. In the form of films or coatings, collagen can function as a carrier of active substances, such as antioxidants, antimicrobials, colors, and flavors. Such enhanced roles further drive the demand for collagen peptide as a food additive.

Asia-Pacific is Likely to Experience the Highest Growth Rate

Collagen peptide-based nutricosmetics and beauty-from-within beverages occupy the maximum shares in Europe and North America. This is due to high consumer awareness on various collagen derivatives like peptides and gelatin. However, developed countries in Asia-Pacific like Japan, Australia, have a major share in the collagen market, due to high usage in cosmetic and personal care products. South Korea is also one of the prominent markets for collagen peptide skin care products. The market is anticipated registering a slower growth rate due to high product pricing. On the other hand, owing to increasing disposable income and fast-paced industrialization, developing nations, like India, have a significant potential for growth.

Competitive Landscape

The global collagen peptide market is primarily dominated by a few top players. The market has a large number of domestic players. Thus, the threat of new entrants is moderately high, as the market is highly profitable. New product launches, market expansion, partnerships, are the preferred strategic approaches adopted by most companies involved in the collagen peptides business. Owing to the product expansions and increasing applications of collagen peptides in the dietary supplements and functional food, the global players in the collagen peptides market adopt new product launch, as their key strategy. The most active companies worldwide are - Rousselot, Gelita AG, Nitta Gelatin Inc., Reinert Gruppe, Holista Colltech Ltd, PB Gelatins GmbH, Weishardt Gelatines, and Junca Gelatines.

Reasons to Purchase this report:

  • The market estimate (ME) sheet in Excel format
  • Report customization as per the client's requirements
  • 3 months of analyst support
Table of Contents
Product Code: 52686

Table of Contents

1 INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

  • 3.1 Market Overview

4 MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porters Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

  • 5.1 Source
    • 5.1.1 Animal Based Collagen Peptides
    • 5.1.2 Marine Based Collagen Peptides
  • 5.2 Application
    • 5.2.1 Food and Beverage
      • 5.2.1.1 Dietary Supplements
      • 5.2.1.2 Functional Food
    • 5.2.2 Beauty and Personal Care
  • 5.3 Geography
    • 5.3.1 North America
      • 5.3.1.1 United States
      • 5.3.1.2 Canada
      • 5.3.1.3 Mexico
      • 5.3.1.4 Rest of North America
    • 5.3.2 Europe
      • 5.3.2.1 Germany
      • 5.3.2.2 United Kingdom
      • 5.3.2.3 France
      • 5.3.2.4 Russia
      • 5.3.2.5 Spain
      • 5.3.2.6 Rest of Europe
    • 5.3.3 Asia-Pacific
      • 5.3.3.1 China
      • 5.3.3.2 Japan
      • 5.3.3.3 Australia
      • 5.3.3.4 Rest of Asia-Pacific
    • 5.3.4 South America
      • 5.3.4.1 Brazil
      • 5.3.4.2 Argentina
      • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East & Africa
      • 5.3.5.1 Saudi Arabia
      • 5.3.5.2 South Africa
      • 5.3.5.3 Rest of Middle East & Africa

6 COMPETITIVE LANDSCAPE

  • 6.1 Major Strategies by Key Players
  • 6.2 Most Active Companies in the Past Five Years
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles
    • 6.4.1 Rousselot B.V.
    • 6.4.2 Cargill Inc.
    • 6.4.3 Gelita AG
    • 6.4.4 Holista Colltech Limited
    • 6.4.5 Italgelatine SpA
    • 6.4.6 Lapi Gelatine
    • 6.4.7 Nitta Gelatin Inc.
    • 6.4.8 Weishardt Gelatines

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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