Collagen Peptides Market Growth Drivers of Evaluated in Recent Research

Growing inclination towards protein consumption and demand from food processing industries to drive the growth of the Collagen Peptides market. Collagen peptides are uniquely arranged α-chains of polypeptides that form triple helical macromolecule sequence of amino acids consisting of collagen peptide as raw material. This unique structure makes collagen peptide easy to digest, cold-soluble, and highly bioactive sources of collagen.

Collagen peptides industry is witnessing bright phase owing to the rising inclination of consumers towards a healthy lifestyle is fuelling the demand. 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 growing population is aiding the market growth in these regions. The food processing industry is one of the key applications of collagen peptide that is driving the industry. Additionally, growth in demand for dietary supplements which is coupled with an increase in the use of collagen in the food & beverage industry is propelling the market towards further growth. Moreover, consumer inclination toward healthy and protein-rich diet drive the growth of the global collagen peptide market.

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Rising demand for collagen peptides in end-use industries like food & beverage and cosmetic & pharmaceutical in emerging countries is the key factors attributed to the market growth. Furthermore, government initiatives to promote the nutrition-rich diet is also expected to fuel market growth during the forecast period. On the other hand, regulations imposed on animal-sourced collagen and limited availability of raw materials are some of the factors which are proving to be major hindrance to this market. However, the growing adoption of collagen peptides in several emerging economies is expected to create major growth opportunities during the forecast period.

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Key Findings:

Based on the source, the cattle hide & bones segment expected to grow at the fastest rate of 11% CAGR during the forecast period
Based on application, the nutritional product segment is accounted for the largest share in the market and held for around 21% of the total market, in 2018
North America accounted for around 31% share of the global collagen peptides market in 2018
Recent News:

In June 2018, Tulip Food Company, subsidiary of Danish Crown, acquired Zandbergen (Netherlands) to comply the growing demand
In May 2018, United States based Kruger Commodities, Inc. was acquired by Darling Ingredients

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This release was published on openPR.