Global Collagen Peptide Market 2017-2021

Overview of the global collagen peptide market

Market research analysts at Technavio predict that the global collagen peptide market will grow steadily during the next four years at a CAGR of close to 8% by 2021. The collagen peptide market analysis identifies the growing preference for convenience foods and beverages to be one of the primary growth factors for this market. With the increase in disposable income and lifestyle changes among consumers, the demand for functional food and convenience foods are increasing. Additionally, the rising health awareness among consumers regarding the health benefits of natural food products is driving the collagen peptide market growth as it is a widely-known compound used in the preparation of convenience and natural food and beverage products.

The growing health awareness is one of the latest collagen peptide market trends that will gain traction in the coming years. Companies are continuously spending to provide healthier foods that have lower sugar, sodium, and fat content and higher fiber and protein content due to the increasing preference of the populace to adopt a healthy lifestyle. This trend is positively affecting the market for collagen peptide since it is widely used in food and beverage products to enhance the quality and provide additional health benefits associated with food products.

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Competitive landscape and key vendors

The collagen peptide market appears to be highly competitive due to the presence of a several large and small-scale, global, regional and local players. Vendors in this market compete based on factors such as innovation, price, operational cost, and product quality. The competitive environment in the market is expected to further intensify over the forecast period with the increase in product extensions in terms of innovation in technology. Additionally, a few players with a greater financial, technological, and other resources than that of their competitors can withstand the changes in market conditions.

The leading vendors in the market are -

• GELITA
• Nitta Gelatin
• PB Gelatins
• Rousselot
• Weishardt Group

The other prominent vendors in the market include GELNEX, ITALGELATINE, LAPI GELATINE, and Norland Products.

Segmentation by application and analysis of the collagen peptide market

• Food and beverage industry
• Nutraceuticals industry
• Personal care industry

During 2016, the food and beverage segment accounted for the major shares and dominated this market. Factors such as the wide use of collagen peptide in food and beverages will contribute to the growth of this industry segment in the coming years. Collagen peptide is widely used in desserts, bakery products, dairy products, meat packaging, juices, and beverages as it acts as a binding agent, stabilizer, texturing agent, whipping agent, and emulsifier.

Geographical segmentation and analysis of the collagen peptide market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, EMEA will be the major revenue contributor to the market by 2021. Due to the increase in population and enhanced living standards, the demand for processed and convenience foods, personal care, and beverage products in this region will increase substantially. Additionally, the introduction of collagen peptide-based solutions for sectors such as healthcare is another factor contributing to the market growth.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global collagen peptide market?
• What are the key market trends impacting the growth of the global collagen peptide market?
• What are the challenges to market growth?
• Who are the key vendors in the global collagen peptide market?
• What are the market opportunities and threats faced by the vendors in the global collagen peptide market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global collagen peptide market?

Technavio also offers customization on reports based on specific client requirement.

Collagen peptide is an essential component in the manufacturing of healthy foods and nutritional supplements. They offer numerous benefits over other supplements as they contain essential proteins, which are easy to break down, are mostly fat-free, and non-allergenic. Due to an increase in the demand for healthy foods and supplements, the upcoming research on the global collagen peptide market looks at the recent market trends and development in the specialty chemicals sector, which is an integral part of Technavio's chemicals and materials industry.

Technavio dwells in extensive qualitative and quantitative research methodologies to gather data and insights on geography wise market potential, competitive landscaping, and market forecasts. By collecting and validating data from manufacturers, vendors, research report journals, and customers the upcoming research report on the global collagen peptide market provides in-depth market analysis to assist the client in their business decision-making process. Rousselot, Cargill, Weishardt Group, Tessenderlo Group, and Lapi Gelatine are a few of the vendors covered in this market research report.

The upcoming research report also considers the growth of similar markets such as global caustic soda market and global MSG market, which are expected to grow at a CAGR of 3% and 5%, respectively, for the forecast period of 2017 to 2021. The increase in the consumption of processed foods and beverages and increasing concern towards health orientation is expected to influence the growth of this market. The report also provides a detailed analysis of the market size and growth potential of the market across regions like APAC, North America, Europe, and ROW.

The upcoming research report on the global collagen peptide market also includes market analysis, new industrial applications, emerging trends, and opportunities and challenges faced by the industry. To get an aggregated view of the chemicals and materials market, the report gathers data and insights from related sectors such as metals and minerals, plastics, polymers, and elastomers, and bio-chemicals and bio-materials.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.