New York, NY -- (SBWIRE) -- 01/29/2021 -- Collagen Peptide Market

Collagen peptides are a powerful source of safe protein nutrition. Collagen peptide is a readily digestible cold-soluble and extremely bioactive form of collagen. Bioactive peptides are resulting from collagen enzymatic hydrolysis. These collagen peptides are obtained by cutting down molecular bonds between single strands of collagen and peptides. Collagen peptides are used as topical or medicinal ingredients in several skin creams and therapies to minimize wrinkle formation and moisturize the body.

Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market. The pandemic has affected every segment of the market, along with bringing disruption in the supply chain, demands & trends, and financial difficulties. The report covers the initial and future assessment of the COVID-19 impact on the market.

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Market Drivers

The global collagen peptide market was estimated at USD 761.3 million in 2018 and is expected to rise at CAGR 11.1% from 2019 to USD 1.478.0 million by 2026. It is a normal protein of the body that is present within the body. The industry is influenced by factors such as the rise of the global food processing sector, the tendency of customers to a protein-rich and balanced diet, the increase in the use of this peptide in dietary or nutritional medicines, bone, and joint fitness, and the treatment of bone disorders such as osteoporosis and osteoarthritis.

Regional Outlook

North America is estimated to lead the peptide collagen market. Large-scale use of personal care products enhanced research and discovery initiatives to innovate new collagen drugs and refined healthcare services complementing the growth of the industry in this area. Increased disposable income, high expenditure on health and beauty goods also helps the growth of the North American market. According to the American Society for Aesthetic Plastic Surgery, the US spent about USD 8.5 billion on cosmetic procedures in 2014.

Further key findings from the report suggest

By source, products derived from porcine holds the remarkable share of 37.1% in 2018. Porcine is rich in these proteins, which are considered to be steadier in comparison with proteins from other sources. Most of these products are sourced from animal tissues, as they contain a high amount of amino acids. Different methods are used to extract these proteins, which include the salting out, alkaline, acid, and enzyme methods. In June 2018, Tulip Food Company a group of Danish Crown acquired Zandbergen to meet the rising demand for bacon products in the global market

North America is expected to grow at CAGR of 9.1% during the analysis period. The increasing demand for collagen peptide is attributed to mounting demand for functional protein.in this region,

Competitive Terrain:

The global Collagen Peptide market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies' current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.

The leading companies operating across the global Collagen Peptide market are listed below:

Darling Ingredients, Tessenderlo Group, Cargill, Kewpie Corporation, Danish Crown, Vital Proteins LLC., Kayos Naturals, Orgain, Inc., Aspen Naturals and Gelixer.

Source (Revenue, USD Million; 2019-2026, and Volume Metric Tons-2026)

Bovine hide & bones

Porcine

Marine

Sheep

Poultry

Alternative sources (enzymes)

Application (Revenue, USD Million; 2019-2026, and Volume Metric Tons-2026)

Pharmaceutical

Food and Beverages

Veterinary

Cosmetic

Nutraceutical

Healthcare

Other applications

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Radical Features of the Collagen Peptide Market Report:

Valuable insights into the Collagen Peptide market to impart an in-depth understanding of the business verticle

An 8-year forecast estimation along with an analysis of key elements of the market

Technological advancements, regulatory framework, and recent developments covered in the report

Growth analysis and projections until 2027

Statistical analysis of the key players operating in the Collagen Peptide industry

Table Of Contents:

Chapter 1. Market Synopsis

Chapter 2. Executive Summary

Chapter 3. Indicative Metrics

Chapter 4. Collagen Peptide Market Segmentation & Impact Analysis

Chapter 5. Collagen Peptide Market, By Type Insights & Trends

Chapter 6. Collagen Peptide Market, By Application Insights & Trends

Chapter 7. Collagen Peptide Market, By End Use Insights & Trends

Chapter 8. Collagen Peptide Market Regional Outlook

Chapter 9. Competitive Landscape

Chapter 10. Company Profiles

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