19 February 2021
Visiongain has published a new report on Collagen Peptide and Gelatine Market Report 2021-2031: Forecasts By Type (Gelatine, and Collagen Peptide), By Source (Bovine, Sheep, Porcine, Poultry, Marine, and Others), By Application (Pharmaceutical, Food and Beverage, Cosmetic, Nutraceutical, Healthcare, and Others), By Distribution Channel (Direct Tender, and Retail Sales) PLUS Profiles of Leading Manufacturing Companies and Regional and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios.
Global collagen peptide and gelatin market was valued at US$ xx Million in 2020 and is projected to reach at a market value of US$ xx Million by 2031. North America dominated the global Collagen Peptide and Gelatin market and is projected to witness CAGR of XX% during the first half of the forecast period i.e. 2021 to 2031.
COVID-19 Impact on Collagen Peptide and Gelatin Market
COVID-19 impact through different recovery models such as V-shaped, U-shaped, W-shaped, and L-shaped; has been taken into consideration while estimating and forecasting the collagen peptide and gelatin market. Different recovery scenarios are also included in the report for all the segments and regions/nation. The recovery scenarios based on which market has been forecasted and analysed herein the report are mentioned below:
Increasing Collagen Peptides usage in Pharmaceutical and Nutraceutical around the world
Collagen peptides are an important element of healthy nutrition and versatile source of protein. Collagen peptides are used in pharmaceutical, food and beverage, cosmetic, nutraceutical, healthcare, and others arrears due to their physiological and nutritional properties, helps to promote the health of joints and bones, and contribution for beautiful skin. Usage of collagen peptides has increased significantly around the world from last few years due to rapidly increasing demand of pharmaceutical and nutraceutical products for reducing wrinkles, and improving elasticity, and prevention of various skin conditions; to increase muscle mass; prevents bone loss and among others.
Promotion of Healthy Diets by Governments
Increasing prevalence of chronic and non-chronic diseases due to less healthy diet and malnutrition had lead governments in various countries to increase their awareness and campaigns for promotion of healthy diets and proteins. These awareness programs are expected to increase the demand of collagen peptide and gelatin in the developing countries. Due to increasing demand of collagen peptide and gelatin various manufacturers are planning to launch their product portfolios in collagen peptide and gelatin to fullfill the demand to increase their revenue generation.
Immense Technological Advancement
Researchers and manufactures from all over the world are increasing research and development activites for development of new advance collagen peptide and gelatin to helps to increase demand of collagen peptide and gelatin in emerging economics in pharmaceutical, food and beverage, cosmetic, nutraceutical, healthcare, and others arrears. New research and development will lead to development and commercialization of new products in the market which is expected to increase the demand of collagen peptide and gelatin.
Top companies (Tessenderlo Group, Gelita AG, Holista Colltech, and Darling Ingredients) constitute more than XX% share of the global Collagen Peptide and Gelatin market. Other companies profiled in the report include: Nitta Gelatin, Gelnex, Lapi Gelatine, Weishardt, Ewald-Gelatine, Collagen Solutions, Crescent Biotech, Foodmate Co. Ltd., Suboneyo Chemicals Pharmaceutical P Ltd., Biocell Technology, Amicogen, Kayos, Nippi Inc., Aspen Naturals, Vital Proteins, and Chaitanya Chemicals among others Some of the key developments are listed below:
• In 2019, GELITA AG published new researches TENDOFORTE collagen proteins which is now proven for strengthening tendons and ligaments, and prevention in sports-induced injuries to help athletes in fast return to training faster and FORTIBONE which is now proven to increase bone mineral density. The new researches will help company to increase its revenue generation in the market.
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