Global Collagen Peptides Market Is Expected to Reach USD 1,545.1 Million by 2026

The global collagen peptides market was valued at USD 802.7 million in 2018 and is expected to reach USD 1,545.1 million in 2026, growing at a CAGR of 8.2% during the forecast period.

Collagen peptides is a multipurpose and easily adaptable source of protein which is consumed as a part of a nutritional diet. The primary benefits of collagen peptides are increased nutrition of bones and joints. It also aids in gaining beautiful skin. The collagen peptides consist of three ?-chains of polypeptides which are positioned in such way that they collectively form a triple-helical macromolecule sequence of amino acids. This is a unique structure of peptides which consist of collagen protein as a raw ingredient. The growth of the collagen peptides market is primarily driven by the rising inclination of consumers towards a healthy lifestyle. Growing awareness regarding the health benefits of collagen peptides is aiding in overall industry growth in the global market.

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The protein consumption rate among youth as well as adults has seen a growing trend in the past few years which has resulted in demand for collagen protein in developing economies such as China and India. Moreover, the use of collagen peptides in the food processing industry to increase the nutritional value is fuelling the growth of this market. However, implementation of strict regulations for animal-sourced collagen and limitations of distribution channel are some of the factors which are creating a major hindrance for its market growth. On the other hand, government initiatives to promote nutritional diet is anticipated to offer multiple growth opportunities during the forecast period. The cattle hide & bones segment expected to grow at the fastest rate of 11% CAGR during the forecast period Based on the source, the global collagen peptides market has been segmented into cattle hide & bones, pigskin, and poultry & fish.
The collagen peptides industry is in the evolution phase with multiple consumers still adapting and learning benefits offered by it. Cattle hide & bones is a cost-efficient source of collagen peptides among all. Moreover, rapid growth in the healthcare industry is driving the growth of the service offering sector. Based on the application, the automotive segment is expected to lead during the forecast period Based on the application, the market has been segmented into nutritional products, beverages, dairy products, meat & poultry products, snacks & cereal, and others. The nutritional products segment accounted for the largest share in the market in 2018.

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Growing awareness regarding consumption of protein is one of the key driving factors for this segment. Additionally, the formulation of several nutritional products is propelling the segmental growth. North America to dominate the collagen peptides market throughout the forecast period North America accounted for nearly 31% share of the global collagen peptides market in 2018 and is expected to dominate the market throughout the forecast period followed by Europe and the Asia Pacific.

The strong presence of food processing industries in the North America region is one of the key factors driving the consumption of collagen peptides in this region. Asia Pacific accounted for the highest CAGR in the global collagen peptides market during the forecast period owing to the growing popularity of protein intake among youth.Company Profiles and Competitive Intelligence: The major players operating in the global collagen peptides market are Darling Ingredients (US), Tessenderlo Group (Belgium), Cargill (US), Kewpie Corporation (Japan), GELNEX (Brazil), Gelita AG (Germany), ITAGELATINE S.p.A (Italy), Lapi Gelatine (Italy), Nitta Gelatin (Japan), and Weishardt Group (France) among others.

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Table Of Content

Chapter 1 Executive Summary
1.1.Market Summary
1.1.1.Global Collagen Peptides Market, 2016-2026, (USD Million)
1.2.Market Snapshot: Global Collagen Peptides Market
1.3.Market Dynamics
1.4.Global Collagen Peptides Market, by Segment, 2018
1.4.1.Global Collagen Peptides Market, by Source, 2018, (USD Million)
1.4.2.Global Collagen Peptides Market, by Application, 2018, (USD Million)
1.4.3.Global Collagen Peptides Market, by Region, 2018 (USD Million)
1.5.Premium Insights
1.5.1.Collagen Peptides Market In Developed Vs. Developing Economies, 2018 vs 2026
1.5.2.Global Collagen Peptides Market: Regional Life Cycle Analysis

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