Global Collagen Market to Reach $3970.3 Million by the Year 2020
Europe is the major producer of collagen ingredients and a major supplier to the Asian market. Health awareness and sports nutrition bandwagons have influenced the growth of collagen peptides in the North American market. LATAM growth is inclined to the development of the Brazilian meat industry, which has impacted the neighbouring market.
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The report includes segmentation such as type, source, application, and geography. The type 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), REINERT GRUPPE Ingredients (Germany), Ewald-Gelatine GmbH (Germany), Holista Colltech Limited (Australia), 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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