Collagen Peptides Market reached USD 897 million in 2018 and is expected to grow at a CAGR of 8.7%

Introduction of the Collagen Peptide Market Report

Collagen peptides are the bioactive peptides that are derived through enzymatic hydrolysis process of collagen. It is a good source of protein and a healthy nutrition that helps to improve the health of joints, prevent bone loss and also enhance overall skin health by reducing wrinkles and improving moisture levels in skin. Collagen peptide also referred to as hydrolyzed collagen is a highly digestible, cold-soluble and bioavailable source of collagen. The production of collagen peptide is restricted to mainly advanced countries such as US, Germany and UK as the extraction of collagen requires advanced technologies currently not available in developing countries.

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New analysis from GMI Research, expects the global collagen peptides market to valued at USD 897 million in 2018 and is expected to reach USD 1,901 million by 2026 growing at a compound annual growth rate of 8.7% during the forecast period. Growing adoption of healthier lifestyles by the consumers, wider applications of collagen peptides as well as a rise in the use of collagen peptide in the food and beverage industry are the key factors bolstering the growth of collagen peptide market. In addition, the increase in the usage of collagen peptide in nutraceuticals, medical and cosmetic applications are contributing towards the global demand of collagen peptides. Furthermore, health consciousness among the urban population is witnessing a substantial rise and hence will act as a key driver for the growth of the collagen peptide market during the forecast period.

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Based on product type, Animal-Based segment accounted for the maximum revenues in 2018 and it is projected to dominate the market share through 2026 due to the growing demand for animal-based peptides such as bovine, porcine, and others. The health benefits associated with animal-based collagen peptides as well as their cost-effectiveness are the major reason it is most preferred by consumers. Moreover, bovine collagen peptide helps in improving bone metabolism and is considered as nutraceuticals to improve joint health in patients with osteoarthritis. On the other hand, the porcine collagen peptide is usually cheaper, and it is good for skin and anti-aging.

Based on application, Nutraceutical segment held the highest market share in 2018 owing to the rising demand for sports nutrition products to stimulate muscle growth and increase in problems related to bones and joints among the ageing population. In addition, collagen peptide is considered as a major nutritional ingredients in most of protein products as it helps in improving athletic performance and reduces the risk of injury.

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Based on region, North America is the major revenue contributor in the market in 2018 owing to the thriving food & beverages and cosmetics industry in the region. In addition, there has been increased research and development activities to develop novel collagen drugs in the region. On the other hand, Asia-Pacific is projected to grow at the fastest CAGR of 10.1% during 2019-2026 due to the rising awareness regarding the health benefits of the collagen peptide-based products among the population as well as growth in the nutraceutical industry in the region.

Global collagen peptide market share is divided by some of the key players including Tessenderlo Group, Darling Ingredients Inc., Gelita AG, Holista Colltech Limited, Gelnex, Amicogen, Capsugel, BioCell Technology LLC, Lapi Gelatine S.p.a., Nitta Gelatin India Limited, among others. Key players are investing in various strategies such as new product launches, acquisition, collaborations and expansion to sustain their leading position in the global collagen peptide market.

Key Developments:

• • • In 2019, Gelita AG expanded its production capacity by 30% in it Sioux City plant to cater to the growing demand for high-quality collagen peptide in the US.
  • • In 2018, Rousselot Inc. subsidiary of Darling Ingredients launched a new product StabiCaps to expands its collagen peptide product line. Stabicaps solution will enhance shelf life and also reduce crosslinking in softgel applications.

The global collagen peptide market has been segmented based on the product, application, and key geographies. Based on the product, the global collagen peptide market has been segmented into animal-based and marine-based. Animal-based is further sub segmented into bovine, porcine and others. Based on application, the global collagen peptide market has been segmented into, nutraceuticals, medical, cosmetics, beverages, snacks & cereals, meat products, dairy products and others. Nutraceuticals is further segmented into sports nutrition and dietary supplements.

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Key questions answered in this research report:

• • At what pace is global collagen peptide market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in global collagen peptide market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global collagen peptide market?
  • What are the various application areas of global collagen peptide market and how they are poised to grow?
  • What companies are the major participants in global collagen peptide market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2018
Market Forecast Period	2019-2026
Market Revenues Currency	USD Million
Base Year & Forecast Units	Value (USD Million)
Market Segment	By Product Type, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Tessenderlo Group, Darling Ingredients Inc., Gelita AG, Holista Colltech Limited, Gelnex, Amicogen, Capsugel, BioCell Technology LLC, Lapi Gelatine S.p.a., Nitta Gelatin India Limited; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation:

Global Collagen Peptide Market by Product Type

• • Animal-based
    • Bovine
    • Porcine
    • Others
  • Marine-Based

Global Collagen Peptide Market by Application

• • Nutraceuticals
    • Sports Nutrition
    • Dietary Supplements
  • Medical
  • Cosmetics
  • Beverages
  • Snacks & Cereals
  • Meat Products
  • Dairy Products
  • Others

Global Collagen Peptide Market by Region

• • North America Collagen Peptide Market
    Option 1: As a part of the free 25% customization
    • By Product Type
    • By Application
    • US Market All-Up
    • Canada Market All-Up
  • Europe Collagen Peptide Market
    Option 2: As a part of the free 25% customization
    • By Product Type
    • By Application
    • UK Market All-Up
    • Germany Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Collagen Peptide Market
    Option 3: As a part of the free 25% customization
    • By Product Type
    • By Application
    • China Market All-Up
    • Australia Market All-Up
    • India Market All-Up
    • Rest of APAC Market All-Up
  • ROW Collagen Peptides Market
    Option 4: As a part of the free 25% customization
    • By Product Type
    • By Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • GCC countries Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Leading market players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Tessenderlo Group
  • Darling Ingredients Inc.
  • Gelita AG
  • Holista Colltech Limited
  • Gelnex
  • Amicogen
  • Capsugel
  • BioCell Technology LLC
  • Lapi Gelatine S.p.a.
  • Nitta Gelatin India Limited