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2022
Collagen Peptide And Gelatin Market

Collagen Peptide and Gelatin Market

by Type (Gelatin and Peptide), Source (Bovine, Sheep, Porcine, Chicken, Marine, and Others), By Application (Pharmaceutical, Food, Beverage, Cosmetic, Nutraceutical, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A03559
Pages: 334
Jan 2022 | 15393 Views
Author(s) : Nitesh Chouhan , Roshan Deshmukh
Tables: 216
Charts: 63
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COVID-19

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The global collagen peptide and gelatin market size was valued at $4,558.6 million in 2020, and is expected to reach $7,675.4 million by 2030, registering a CAGR of 5.3% from 2021 to 2030. Increase in awareness about the health benefits of collagen peptides and gelatin has propelled the consumption rate and is often viewed as a healthier option as a rich protein source. Consumption of collagen peptides improves skin health, reduces the risk of joint disorder such as osteoarthritis, improves bone density, and enhances gut health. In addition, it helps in weight management, supports formation of lean body mass, and enhances muscle recovery. Other benefits of collagen peptide and gelatin include improvements in heart and brain health. Thus, increase in health awareness among consumers is anticipated to propel the growth of the collagen peptide and gelatin market. 

Moreover, the adoption of an inactive or deskbound lifestyle is the major driver which propels the collagen peptide & gelatin market demand. The consumption of these collagen products helps to mitigate the problems which have developed due to the adoption of non-optimal eating habits and the sedentary lifestyle. This attracts large consumers to adopt collagen food supplements into their lifestyle. Also, the cost of health care is expected to increase day by day and thus consumers prefer to stay healthy and untouched by any chronic diseases. Therefore, the consumers prefer to eliminate any deficiency in their body and majorly the deficiency of collagen protein to avoid diseases owing to the deskbound lifestyle or any genetic deficiency like bone loss, joint pain, and to promote heart health which fosters the growth of the collagen peptide & gelatin market. However, there has been a rise in the concern about harsh treatment of farm animals due to the overwhelming demand for meat across the globe. According to the United Nations (UN), the number of industrial livestock, such as pigs, calf, and chicken, sent to slaughter each year is equivalent to eight times the human population on planet Earth. This inhumane treatment of animals has sparked an outrage among people and has led to the rise of institutions that oppose the meat industry. 

Collagen Peptide and Gelatin Market

Some of the prominent organizations, such PETA and Animal Equality, are encouraging people to reduce meat consumption and look for alternative solutions for nutrition. They also advise to reduce or eliminate the use of animal products. Graphic videos and photographs are often posted on the website of these organizations, which reiterates their claims and makes the consumers weary of the meat industry. This badly affects the sale of meat products and thus the growth of the collagen peptide & gelatin market.

The global collagen peptide and gelatin market is segmented on the basis of product type, source, application, and region. On the basis of product type, the collagen peptide and gelatin market is bifurcated into gelatin and peptide. By source, the market is classified into bovine, sheep, porcine, chicken, marine, and others. Application-wise, the collagen peptide and gelatin market is categorized into pharmaceutical, food, beverage, cosmetic, nutraceutical, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Collagen Peptide and Gelatin Market
By Product Type

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Gelatin segment dominates the global market and is expected to retain its dominance throughout the forecast period.

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By product type, the collagen peptide and gelatin market is segmented into gelatin and peptide. Partial hydrolysis of collagens leads to the formation gelatins. Gelatins are soluble in hot water and jellifies when cooled. Whereas, the peptides are produced by further hydrolysis of gelatins. These peptides are soluble in cold water, are easily digestible, and are ready to be absorbed by the human body. The market is dominated by the gelatin segment, owing to its high application in the food & beverage industry and manufacture of cosmetics and medicine. 

Collagen Peptide and Gelatin Market
By Source

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Bovine segment is expected to grow at a highest CAGR of 6.7% during the forecast period.

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By source, the collagen peptide and gelatin market is segmented into bovine, sheep, porcine, poultry, marine, and others. The bovine segmented accounted for a major collagen peptide and gelatin market share in 2020 and is expected to grow at a significant CAGR during the collagen peptide and gelatin forecast period.

Collagen Peptide and Gelatin Market
By Application

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Pharmaceutical segment is expected to grow at a highest CAGR of 5.7% during the forecast period.

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By application, the global collagen peptide and gelatin market is segmented into pharmaceutical, food, beverage, cosmetics, nutraceuticals, and others. The food segment accounted for a major share in the market in 2020 owing to increase in awareness regarding the healthy and dietary food amongst consumers.

Collagen Peptide and Gelatin Market
By Application

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Pharmaceutical segment is expected to grow at a highest CAGR of 5.7% during the forecast period.

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The major players operating in the market focus on key market strategies, such as mergers, acquisitions, collaborations, and partnerships. They have been also focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the collagen peptide and gelatin industry include Collagen Solutions, Plc, Darling Ingredients, Inc., Ewald-Gelatine GmbH, GELITA AG, GELNEX, Holista Colltech Limited, LAPI GROUP SpA., Tessenderlo Group, Trobas Gelatine B.V., and Weishardt Group.

Collagen Peptide and Gelatin Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific dominates the market and is expected to grow with a CAGR of 6.6% during the forecast period

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Covid-19 Impact Analysis

  • COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December 2020.
  • The global coronavirus pandemic has created a number of challenges for exporters in the developing and developed countries. The challenges witnessed by the exporters of collagen peptide and gelatin products are likely to remain for the foreseeable future, as different states and governments around the world attempt to tackle COVID-19 with various measures.
  • There is an increase in the demand for collagen peptide products and its supplements among consumer amid pandemic. This is attributed to the consumers looking forward to simplifying their routines and are shifting to products that can provide them multidimensional support. Therefore, during the pandemic, consumers were more concerned regarding their health & immunity and were actively looking for ways to maintain wellness.
  • The health consciousness trend is gaining huge importance, and people will consider infection risk as an important part of their decisions related to consumption. Therefore, the key players will face higher demand for personal care products including nutraceuticals and supplements after the pandemic as well.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the collagen peptide and gelatin market analysis from 2020 to 2030 to identify the prevailing market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and collagen peptide and gelatin market opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis of the collagen peptide and gelatin market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global collagen peptide and gelatin industry. 
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global collagen peptide and gelatin market trends, key players, market segments, application areas, and collagen peptide and gelatin market growth strategies. 

Collagen Peptide and Gelatin Market Report Highlights

Aspects Details
By product type
  • Gelatin
  • Peptide
By source
  • Bovine
  • Sheep
  • Porcine
  • Chicken
  • Marine
  • Others
By application
  • Pharmaceutical
  • Food
  • Beverage
  • Cosmetic
  • Nutraceutical
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, Spain, UK, Italy, France, Rest of Europe)
  • Asia-Pacific  (China, India, Japan, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Brazil, KSA, South Africa, Rest of LAMEA)
 

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According to the insights of the CXOs, the global collagen peptide and gelatin market is expected to witness a robust growth during the forecast period. This is attributed to increase in disposable income in the developing countries, change in lifestyle of consumers, and rise in awareness of the health benefits of collagen food and beverage products, such as higher composition of protein content and health benefits. Moreover, rise in demand for collagen peptides and gelatin among health supplement manufacturing companies has fueled the growth of the global collagen peptide and gelatin market. Furthermore, the key players of the market are investing in R&D activities and are making continuous efforts to launch new improved ingredients for nutraceuticals to meet the rise in demand for improved nutritional collagen supplements. This factor promotes the use of collagen peptide and gelatin in the nutraceuticals sector.

CXOs furthermore added a rise in the trend of using ingestible beauty products due to an increase in concern regarding the appearance among consumers as well as consumers gaining confidence in the proven benefits of nutritional supplements is expected to fuel the demand for collagen peptide and gelatin market. However, the rise in trend of veganism and surge in cases of fraud in collagen products are expected to hamper the growth of the collagen peptide and gelatin market in the future.

 

 

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FREQUENTLY ASKED QUESTIONS?

A. The global collagen peptide and gelatin market size was valued at $4,558.6 million in 2020, and is expected to reach $7,675.4 million by 2030, registering a CAGR of 5.3% from 2021 to 2030.

A. The CAGR of Collagen Peptide and Gelatin Market is 5.3%.

A. Kindly raise an inquiry on the portal and our salesperson will get in touch with you with available purchase options.

A. 2020 is the base year calculated in the Collagen Peptide and Gelatin Market report.

A. The top companies in the Collagen Peptide and Gelatin Market are Collagen Solutions, Plc, Darling Ingredients, Inc., Ewald-Gelatine GmbH, GELITA AG, GELNEX, Holista Colltech Limited, LAPI GROUP SpA., Tessenderlo Group, Trobas Gelatine B.V., and Weishardt Group.

A. The collagen peptide and gelatin market is segmented on the basis of product type, source, application, and region.

A. The key currents trends in the collagen peptide and gelatin market report are rise in demand of collagen and peptide as a functional ingredient in the food processing industry and inclination of consumers towards a healthy lifestyle.

A. Asia-Pacific region holds the maximum market share of the Collagen Peptide and Gelatin Market .

A. The COVID-19 pandemic will positively impact the Collagen Peptide and Gelatin Market in 2021.

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