Wembley, United Kingdom, March 18, 2015 --(PR.com
)-- Meticulous Research announced the release of new market research report titled, “Global Collagen (Gelatine & Collagen Peptide) Market Outlook: 2014-2020.” According to the publication, the global collagen market is estimated to reach $4.4 billion at a CAGR of 7.1% through to 2020. Gelatine contributes major share in the global collagen market with an estimated CAGR of 7.5% during the same review period. This research report analyzes the major drivers, restraints, opportunities, and challenges that have a long and short-term impact on its growth across the globe.
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The report includes segmentation such as type, source, application, and geography. The segmentation includes gelatine and collagen peptides, wherein gelatine holds the major market share. Segmentation as per source of extraction accounts fish, pig, bovine, chicken, and sheep. Pig and bovine are the major source of gelatine extraction, whereas fish is the major extracting source for collagen peptide.
Segmentation as per application includes food & beverage, cosmetic, nutraceutical, pharmaceutical, healthcare, and technical. Food industry is the key application for gelatine, at the other hand, cosmetics and nutraceuticals has dominance on the collagen peptide application. Collagen peptides of fish origin hold a major grip in the nutricosmetics industry, owing towards its anti-ageing properties. It is gaining recognition worldwide for its ultimate characteristic to replace the traditional skin beauty products.
Geographically, the collagen ingredients market is segmented as North America, Europe, Asia-Pacific, Latin America and Rest of the World (RoW). Europe is the major producer of collagen ingredients and the major supplier to Asian market. Health awareness and sports nutrition bandwagons have influenced the growth of collagen peptide in North American market. LATAM growth is inclined to the development of Brazilian meat industry, which has impacted the neighbouring market.
Increasing awareness towards bone & joint health, and personal well-being stood paramount for the growth of collagen market. Expansion, either through geographical perspective or technical perspective was termed out as the major strategy embraced by the key players.
The report provides the competitive landscape of the major players in this market such as Rousselot B.V. (The Netherlands), Nitta Gelatin Inc. (Japan), The Reinert Group (Germany), Ewald-Gelatine GmbH (Germany), Trobas Gelatine B.V. (The Netherlands), Weishardt Gélatines (France), Italgelatine (Italy), Junca Gelatines S.L. (Spain), Lapi Gelatine (Italy), PB Gelatins GmbH (Germany), and Gelita AG (Germany).
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