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Collagen Peptides Market Industry Analysis & Global Forecast to 2026

02-25-2022 10:53 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Markets and Markets

The global collagen peptides market is estimated to be valued at USD 631 million in 2021 and is projected to reach USD 828 million by 2026, recording a CAGR of 5.6%, in terms of value. Changing lifestyles, food habits, adoption of Western diets, an increase in demand for functional ingredients such as collagen peptides in wide range products including food & beverages, pharmaceuticals, cosmetics & personal care products, and nutritional products. have contributed to the development of the collagen peptides market in emerging economies. Emerging economies, such as the Asia Pacific, South Africa, the Middle East, South America, and Eastern European countries, provide excellent opportunities for the growth of the collagen peptides market owing to the increasing industrial activities with the enhanced process manufacturing. However, number of cultural restrictions for the consumption of animal-based products are posing a restraints over the forecast period.

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Drivers: Cosmetic and personal care products using collagen peptides

Collagens present in the skin are responsible for skin structure. Collagen fibers present in the human skin get damaged with time, losing thickness and strength, resulting in skin aging. Collagen peptides are being used in cosmetic and personal care products. They are used in the form of creams and are used as nutritional supplements for the bones. They are also used for skin replacement and the augmentation of soft skin, among others. They are used in various personal care products, such as soaps, shampoos, body lotions, and facial creams. Collagen peptides act as surfactants and washing agents while used in shampoos and shower gels.

Restraints: Cultural restriction on the consumption of animal-sourced protein

Collagen peptides are animal by-products formed from the collagen of slaughtered animals, which include the bones, hides, and hooves of cattle, pigs, fish, and poultry. As a result, individuals with religious or dietary restrictions that forbid the consumption of animal products are not willing to consume those products that use collagen peptides. For instance, in the Middle Eastern and Muslim communities, pork and pork-derived products are strictly forbidden. Hence, they prefer to consume halal-certified bovine-derived products. In these regions, the market for collagen peptides manufactured by pork skin is estimated to be negligible.

Opportunities: Promotion of healthy diets by governments

Inadequate consumption of essential nutrients increases the risk of various chronic and cardiovascular diseases, such as hypertension (high blood pressure), cancer, obesity, and diabetes. With globalization and higher exposure to other cultures (especially Western lifestyles), consumers' eating patterns have also changed, with an increase in snacking and eating meals in restaurants.

Challenges: Insufficient processing technologies across the globe

The extraction and processing of collagen peptides require highly advanced technology. After extracting the edible collagen from porcine/bovine/fish skins, it is sent for the filtration process and ion exchange. The filtration process involves microfiltration technology, where the fluid is allowed to pass through a porous membrane. This is followed by heat sterilization, which requires high-temperature heat treatment and ultimately drying the product through spray drying technology.

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Key players in this market include Tessenderlo Group (Belgium), Darling Ingredients (US), GELITA AG (Germany), Lapi Gelatine S.p.a. (Italy), Holista Colltech (Australia), Gelnex (Brazil), Nitta Gelatin (Japan), Collagen Solutions plc (UK), Weishardt Group (France), and Ewald-Gelatine (Germany).

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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