Latest market study on “Global Collagen Peptide Market to 2027 - Analysis and Forecasts by by Source (Cattle Hide and Bones, Pigskin, Poultry and Fish, Sheep and Goat, and Others); Application (Nutritional Products, Beverages, Dairy Products, Meat and Poultry Products, Healthcare, Cosmetic, and Others), and Geography”, The global collagen peptide market is accounted to US$ 852.4 Mn in 2018 and is expected to grow at a CAGR of 10.9% during the forecast period 2019 - 2027, to account to US$ 2,129.9 Mn by 2027. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

Tea is considered as the most popular and commonly served beverage in the globe. Collagen peptide, also known as collagen hydrolysate are short chains of amino acids derived from collagen. It is produced by the hydrolysis process from type I collagen. Collagen peptides are more bioavailable and are better absorbed into the bloodstream due to shorter chains of amino acids as compared to collagen and gelatin. Collagen peptides are readily broken down into a form that can enter the bloodstream after digestion. After consumption and absorption, collagen peptides travel throughout the body, rebuilding, repairing, and providing energy. North America accounted for the largest share of the global collagen peptides market. The major factors driving the North America collagen peptide market are the rising health awareness among consumers and the presence of key players such as Darling Ingredients and Gelita AG. Moreover, the developed food and beverage industry in the US, Canada, and Mexico provide a market opportunity for the key players operating in the market.

By application, the collagen peptide market has been divided into food and drink, dairy, meat and poultry, cosmetics, healthcare, and other products. In 2018, the segment of nutritional goods held the biggest market share for collagen peptides. The market for nutritional items like collagen peptide supplements and powder has increased as a result of consumers' growing health consciousness as a result of awareness about nutritional inadequacy, various diseases, and the desire for healthy ageing. The demand for food products with specific capabilities to meet consumer nutritional demands and help with various health issues has increased as a result of growing consumer education about nutrition. This expands the market for collagen peptides globally

The collagen peptide market is witnessing a significant growth owing to the factor such as significant shift of consumers toward healthy lifestyles and high protein consumption. Additionally, the increasing demand for collagen peptide as a functional ingredient in food processing is also driving the market. However, the safety concern related to the use of collagen peptide may hamper the growth of collagen peptide market globally. Nonetheless, the increasing usage of collagen peptide as biomaterials is giving an opportunity to the market to grow at a global level.

The global collagen peptide market by geography is segmented into five regions, including North America, Europe, Asia Pacific, Middle East and Africa, and South America. North America region is expected to account for the largest share of the global collagen peptide market in 2018, followed by Europe and Asia Pacific. In addition, some of the major players in the collagen peptide market include Amikozen Co., Ltd, BSA Pharma Inc., Chaitanya Biologicals Private Limited, Collagen Solutions Plc., Darling Ingredients, GELITA AG, Gelnex, Holista CollTech Limited, Nitta Gelatin, Weishardt, Proteinsa, Gelatines Juncà SL, Tessenderlo Group, and among others.

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