The market for collagen powder was predicted to reach over USD 4 billion in revenue in 2018 and USD 6 billion by 2026. All animal lifeforms, including humans, include collagen as an insoluble protein in the extracellular space (the region outside the plasma membrane) of their connective tissues. Collagen makes up 70% of the protein in our skin and 1/3 of the protein in our bodies. A synthetic supplement called collagen powder is created from the bones, connective tissues, and other leftovers of the livestock industry. The high quantities of amino acids in collagen powder maintain the body's connective tissues and nourish the skin. There are two varieties of collagen powder, and they can be distinguished from one another by how long it takes for them to digest. Collagen Protein and Collagen Peptides are the two varieties. By heating, drying, and then grinding gelatin into powder, collagen protein is essentially made. Cold liquids should be combined with collagen protein. It is a thickening substance that is used in yoghurt, soups, and other foods. Since the amino acids in collagen peptide have already been broken down during processing, they do not combine with fluids and do not digest as quickly, so it takes longer to digest.
Some of the leading players in the global Collagen Peptide Market:
- Nitta-Gelatin
- CONNOILS
- Titan Biotech Ltd.
- Fancl
- By-health
- GNC
- Baful
- Meiaojian
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Market Scenario:
The materials and chemicals sector has significantly grown over the recent years and is expected to register robust revenue CAGR over the forecast period. The materials and chemicals sector comprises daily wear products such as detergents, perfumes, soaps, and other raw materials and chemicals used in the manufacturing of other products. There has been a significant increase in the demand for raw materials and chemicals across various industrial sectors such as healthcare and pharmaceuticals, automotive, agriculture, manufacturing, paint, and food and beverages among others. Factors such as increasing awareness about green energy and excess carbon emission, changing consumer preference, growing adoption of biodegradable, sustainable and eco-friendly products, and rapidly expanding industries and building and construction sector are expected to boost global market revenue growth going ahead.
Competitive Landscape:
The report further sheds light on the competitive landscape and provides in depth information about each market player including its global position, product portfolio, financial standing, revenue growth and company overview. The market players are focused on adopting various inorganic and organic growth strategies such as mergers and acquisitions, joint ventures, collaborations, product launches and partnerships to gain a robust footing in the market.
Key questions addressed in the report:
- What is the expected market size of the global Collagen Peptide Market during the forecast period?
- What CAGR is the global market expected to register during the forecast period?
- Which key factors are expected to boost global market growth between 2021 and 2028?
- What are the key restraints that are expected to hamper global market growth?
- Which regional market is expected to register robust CAGR during the forecast period?
- Which key players are operating the global Collagen Peptide Market?
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Collagen Peptide Market Segmentation:
Type Outlook:
- Collagen Protein
- Collagen Peptide
Source Outlook:
- Bovine
- Porcine
- Poultry
- Marine
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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