Collagen Peptide and Gelatin Market by Raw Material (Pig Skin, Bovine Hides, Cattle Bones and Others) by Application (Food and Beverages, Nutraceuticals, Pharmaceuticals, Personal Care and Others) - Growth, Future Prospects & Competitive Analysis, 2017 – 2025
This report on global collagen peptide and gelatin studies the market in terms of various raw materials and applications. Increased consumption of protein rich diet, acquisitions and expansions formed by major players and the use of collagen and gelatin in nutraceutical and pharmaceutical industries has led to augmented market momentum. The limiting factors related to this market are religious taboos and allergic reactions associated with collagen and gelatin obtained from animal sources. Technological advancement in deriving collagen from maize and other synthetic sources will result in further penetration of the collagen peptide and gelatin market.
For the purpose of this study, the various raw materials studied includes pig skin, bovine hides, cattle bones and others. Applications studied for the purpose of this research include food and beverages, nutraceuticals, pharmaceuticals, personal care and others. Food and beverages segment is further classified as (confectionary, meat and poultry products, desserts beverages and others). Market size estimates and forecast for these segments for the period 2015 to 2025 are provided in terms of US$ Mn along with the respective CAGRs for the period 2017 to 2025, considering 2016 as the base year.
Market size estimates and forecast for these segments for the period 2015 to 2025 are provided in terms of US$ Mn along with the respective CAGRs for the period 2017 to 2025, considering 2016 as the base year.
This report also includes qualitative assessment factors such as market dynamics (drivers, restraints and opportunities) to have a good understanding of the current and anticipated trends in the global collagen peptide and gelatin market. Market attractiveness assessment and competitive landscape analysis by key players are also presented in the study. Furthermore, this report concludes with profiling of key market players currently enjoying prominent position in the global collagen peptide and gelatin market. The major players in global collagen peptide and gelatin market are: Amicogen, Inc., Biocell Technology LLC, Lonza Company, Catalent, Inc., Chinatech Peptides Co. Ltd, Gelita AG, Nitta Gelatin, Inc., Norland Products, Inc., Rousselot International, Roxlor International, Sterling Gelatin, Weishardt International Group.
Collagen is the most abundant protein in our bodies, especially type 1 collagen. It is very useful to human body as it improves our skin and hair, reduces joint pain, boosts metabolism, muscle mass and energy output. At present pig skin held the largest share in the raw material segment due to its high collagen content; however, it has few restraints such as seasonal disorders related to swine which hinders manufacture of gelatin and rising incidences of allergic reaction from porcine derived products. Bovine hides have been used as a raw material due to factors such as presence of high level of collagen and fiber. Due to the rising consumption of halal meat in the Middle East countries, cattle bones are available in huge quantities and are used as a raw material as it releases protein rich collagen which is boiled and filtered and thereafter grinded in powdered form, it finds therapeutic use in improving digestion and connective tissues. The others segment consists of fish skin, sheep, horse hair, maize and other synthetic sources that are utilized for the production of gelatin. Technological advancement in the extraction of gelatin from fish will be a positive factor for the fast growth of others market over the forecast period.
Collagen peptide and gelatin possess excellent physic chemical properties such as stabilizing, emulsifying and good binding. Rising awareness of microencapsulation in the food and beverage industry will further propel the market growth of collagen peptide and gelatin. Currently, food and beverage industry holds the largest market share in the application segment as it is used as an ingredient in the health drinks due to its high protein, carbohydrate and electrolyte content. Protein is very useful and finds application in tissue repair by transporting oxygen and other nutrients.
Pharmaceuticals provide a lucrative market opportunity and is anticipated to be the fastest growing market in the application segment due to key drivers such as diverse application of collagen in various drugs and medical devices. Gelatin possess inherent properties such as biodegradability, solubility, wound healing, excellent bioavailability and high absorption rate which are utilized for controlled drug formulation. Nutraceuticals will be enhancing the sale of gelatin and collagen due to factors such as rising health awareness and increasing preference towards a healthy lifestyle. Collagen has good thickening and gelling properties and finds its use in the personal care market. Overall, the global collagen peptide and gelatin market is highly competitive with presence of multiple players like Amicogen, Inc., Biocell Technology LLC, Lonza Company, Catalent, Inc., Chinatech Peptides Co. Ltd, Gelita AG, Nitta Gelatin, Inc., Norland Products, Inc., Rousselot International, Roxlor International, Sterling Gelatin, and Weishardt International Group.
North America was observed as the largest market for collagen peptide and gelatin in the base year 2016. According to the Centers for Disease Control and Prevention in 2014 about 2,626,418 of Americans deaths were registered due to critical illness such as cardiovascular disease, cardiovascular, liver disease, septicemia and chronic pulmonary obstructive disease. The growth is attributed mainly due to large geriatric pool suffering from illness requiring immediate medical attention and steady increase in the number of pharmaceutical and nutraceutical industries. Europe is expected to be the second largest market due to high public awareness regarding healthy lifestyle and positive regulatory approval for collagen peptide and gelatin products. Growth of Asia Pacific market for collagen peptide and gelatin is attributed by factors like rising prevalence of critical illness, competitive market due to presence of existing and budding manufacturers involved in collagen peptide and gelatin production and higher disposable income in this region. However, factors such as developing health infrastructure and increasing health awareness campaigns by pharmaceutical giants are going to fuel the rapid growth of collagen peptide and gelatin market in Latin America and Middle East and Africa in the near future.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Collagen Peptide And Gelatin market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
Raw Material
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Application
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report