Collagen Peptides Market by Source (Cattle Hide & Bones, Pigskin, Poultry & Fish) by Applications (Nutritional Products, Beverages, Dairy Products, Meat & Poultry Products, Snacks & Cereal) – Business Overview, Analysis and Industry Forecast 2017-2023

Global Collagen Peptides Market was valued at USD XX Billion in the year 2017. Global Collagen Peptides Market is further estimated to grow at a CAGR of XX% from 2018 to reach USD XX Billion by the year 2023. The North America region holds the highest market share in 2017 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At a country level, US, China are projected to grow strongly in the coming years due to increasing density of population and funding through Research and Development.

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Amcor Limited (Australia), Bemis Company, Inc. (U.S), The DOW Chemical Company (U.S) are the key players in this market.

Drivers:

• Consumer’s inclination towards healthy lifestyles

Restraints:

• Stringent Food Laws

Opportunities:

• The immense potential in emerging economies

Challenges:

• Insufficient Processing Technologies

The Global Collagen Peptides Market is divided as By Source, Application and Region.

On the basis of Source, the market is divided as Cattle Hide & Bones, Pigskin and Poultry & Fish in which the pigskin segment accounts for the highest market share. Different methods are used to extract collagen protein, which includes the salting out, alkaline, acid, and enzyme methods. Extraction of collagen peptide from pigskin is generally done through acid method, wherein citric acid is used.

On the basis of Application, the collagen peptides market has been segmented into nutritional products, beverages, dairy products, snacks & cereal, meat & poultry products, and others. The nutritional products segment dominated the global collagen peptides market. Among all the nutritional ingredients used in sports nutrition products, proteins play an essential role. They help in improving athletic performance, protecting joints and connective tissues, muscle restoration, aiding muscular contraction, weight management, and also helps to reduce the risk of injury. Collagen peptides are considered as a major source of protein that originates from collagen.

The pigskin segment is expected to grow at a moderate CAGR of XXX% in the coming years.

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Key Benefits for Stakeholders

• Collagen peptide manufacturers and processors
• Collagen peptide traders, distributors, and suppliers
• Food product manufacturers, processors, and traders
• Food ingredient manufacturers, processors, and traders
• Organizations such as the Food and Drug Administration (FDA) and the US Department of Agriculture (USDA)
• Government and research organizations

By Source

• Cattle Hide & Bones
• Pigskin
• Poultry & Fish

By Application

• Nutritional Products
• Beverages
• Dairy Products
• Meat & Poultry Products
• Snacks & Cereal
• Others

By Region

• North America
• Europe
• Asia-Pacific
• RoW
• SGS

Key Market Players

• Darling Ingredients
• Tessenderlo Group
• Cargill
• Kewpie Corporation
• Danish Crown
• Gelnex
• Gelita AG
• Italgelatine S.P.A
• Lapi Gelatine
• Nitta Gelatin
• Weishardt Group

(A brief overview of 10 companies is also provided)

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This release was published on openPR.