Collagen peptide is a protein which is a primary constituent of the fibrous connective tissue found in skin, bones, and cartilage. These proteins form the dermal layers below the skin to keep the skin firm and healthy. Collagen peptide is used in pharmaceutical, food, dietary supplements, and cosmetic industries. They have various application segments such as in sports performance, weight management, skin health, and joint and bone health.
Collagen peptide has a huge growth potential based on its applications in cosmetics, and bone and joint health. Increase in the numbers of aging population around the world as well as the increasing incidence of bone and joint ailments is fueling the demand for collagen peptide. Current major trend of younger looking skin and the increase in consumer awareness about the benefits of collagen peptide are expected to increase the consumption of the collagen peptide enriched food stuffs and dietary supplements. However, at present, there is a lack of awareness in the end user market regarding the use of collagen peptide in terms of skin and bone ailments. In the light of this problem manufacturers are expected to prove the efficacy of collagen peptide by showing the results of human clinical studies. Bovine is the major source of raw material used for the collagen peptide production followed by fish and pork.
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Bone and joint health application segment of collagen peptide is facing a competition from the existing well-known ingredients such as glucosamine and chondroitin sulfate which has proven results in osteoporosis treatment. Bone and joint health (Osteoporosis) is the major application segment followed by cosmeceuticals, dietary supplements and pet food. The collagen peptide market is geographically segmented into Asia-Pacific, Japan, North America and South America and Europe. China and Japan are the most popular areas and increasing in awareness of the benefits of collagen peptide in cosmetics, where as in Europe bone health is the most popular application of collagen peptide.
With the increasing demand for collagen peptide, many major companies are expanding their current capacity as well as the geographical presence. Improving purchasing power and the westernization of diets, increase in people’s standards of living in the emerging economies like India and china are expected to create more demand for collagen peptide market. Innovation in the collagen peptide application in pet food will create more opportunities in future. Some of the key participants in the market are Rousselot, Nitta Gelatin, Reinert Gruppe Ingredients, Ewald Gelatine, Trobas Gelatine, Gelatines Weishardt, PB Gelatins, Gelita, BioCell Technology and others.
This research report analyzes this market depending on its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
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- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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