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Collagen Peptides Market – Market Leaders
The collagen peptides market is fragmented, with the key market players making strategic alliances—through expansions and acquisitions—with other players to strengthen their business. The market is substantially competitive, with the leading players being involved in innovating new collagen peptides; this is done by actively investing in research & development activities and attracting new customers with their products. The market caters to different food markets, involving beverage, snacks, and dairy products.
The key companies involved in the manufacture of collagen peptides include Cargill, Incorporated (U.S.), Rousselot (The Netherlands), Weishardt Group (France), Tessenderlo Group (Belgium), GELITA AG (Germany), Lapi Gelatine (Italy), Gelnex (Brazil), Kewpie Corporation (Japan), ITALGELATINE SpA (Italy), and Danish Crown A/S (Denmark).
The rise in the consumption of processed and functional food & beverage products is one of the key driving factors for the growth of the collagen peptides market. This has encouraged the key players of developed countries to enter untapped markets of developing regions, such as Asia-Pacific and Latin America. The key players also intend to extend their operations to these new markets and set up new offices to create a dynamic global network.
Collagen Peptides Market by Source (Cattle Hide & Bone, Pigskin, Poultry & Fish), Application (Snacks & Cereals, Dairy Products, Beverages, Meat & Poultry Products) & Region - Global Trend & Forecast to 2019
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