HOME Top Market Reports Collagen Peptides Market by Source (Cattle Hide & Bones, Pigskin, and Poultry & Fish), Application (Nutritional Products, Snacks & Cereals, Dairy Products, Beverages, and Meat & Poultry Products), and Region - Global Forecast to 2023

Collagen Peptides Market by Source (Cattle Hide & Bones, Pigskin, and Poultry & Fish), Application (Nutritional Products, Snacks & Cereals, Dairy Products, Beverages, and Meat & Poultry Products), and Region - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: July 2018
Report Code: FB 3198

 

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[120 Pages Report] The global collagen peptides market was valued at USD 716.5 million in 2017; this is projected to grow at a CAGR of 11.6% from 2018, to reach USD 1,337.0 million by 2023. The objectives of the report are to define, segment, and estimate the size of the global collagen peptides market. Furthermore, the collagen peptides market has been segmented on the basis of source, application, and region. The report also aims to provide detailed information about the crucial factors influencing the growth of the collagen peptides market, strategical analysis of the micromarkets, opportunities for stakeholders, details of the competitive landscape, and profiles of the key players, with respect to their market shares and competencies.

Collagen Peptides Market

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The years considered for the study are as follows:

  • Base year: 2017
  • Estimated year: 2018
  • Forecast period: 2018–2023

Research Methodology for collagen peptides market

This research study involved the extensive use of secondary sources (which included directories and databases) such as Hoovers, Forbes, Bloomberg Businessweek, and Factiva to identify and collect information useful for this technical, market-oriented, and commercial study of the collagen peptides market. The primary sources that were involved include industry experts from the core and related industries and preferred suppliers, dealers, manufacturers, alliances, standards & certification organizations from companies, and organizations related to all segments of this industry’s value chain. In-depth interviews were conducted with various primary respondents such as key industry participants, subject matter experts, C-level executives of key market players, and industry consultants to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the collagen peptides market research methodology applied in drafting this report on the collagen peptides market.

Collagen Peptides Market

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The key manufacturers in the collagen peptides market include Darling Ingredients (US), Tessenderlo Group (Belgium), Cargill (US), Kewpie Corporation (Japan), and Danish Crown (Denmark). These companies have diversified product portfolios and advanced technologies for collagen peptides at major strategic locations. Other companies profiled include GELNEX (Brazil), GELITA AG (Germany), ITAGELATINE S.p.A (Italy), Lapi Gelatine (Italy), Nitta Gelatin (Japan), Weishardt Group (France), and Junca Gelatines (Spain).

The stakeholders for the collagen peptides market are mentioned below:

  • Collagen peptide manufacturers and processors
  • Collagen peptide traders, distributors, and suppliers
  • Food product manufacturers, processors, and traders
  • Food ingredient manufacturers, processors, and traders
  • Organizations such as the Food and Drug Administration (FDA), the US Department of Agriculture (USDA), the European Food Safety Agency (EFSA), and The International Food Additives Council (IFAC)
  • Government and research organizations
  • Associations and industry bodies:
    • Food Processing Suppliers Association (FPSA)
    • Center for Innovative Food Technology (CIFT)
    • Food and Drug Administration (FDA)
    • European Food Safety Agency (EFSA)

Drivers of collagen peptides market

Consumer’s inclination toward healthy lifestyles and protein consumption

Over the last few years, consumer awareness about healthy food products has been fueling the collagen peptides market for nutritive food products. Consumers are increasingly focusing on healthy aging, not only to increase their life expectancy but also to prevent and postpone the onset of diet- and bone-related diseases.

According to the International Osteoporosis Foundation (IOF), osteoporosis causes more than 8.9 million fractures annually, in which roughly translates to an osteoporotic fracture every three seconds, globally. According to another study conducted by IOF, it is predicted that the number of Chinese population with osteoporosis and osteopenia will increase to 286.6 million by 2020 and 533.3 million by 2050. The incidences of hip fracture has already risen two to threefold in most Asian countries during the past 30 years. By 2050, more than 50% of all osteoporotic fractures will occur in Asia.

Application of collagen peptide as a functional ingredient in food processing

The growth in health consciousness among consumers due to awareness regarding various diseases, nutritional deficiency, and desire for healthy aging, among other factors, has resulted in increased consumer demand for functional and fortified food & beverage products. The increased consumer understanding about nutrition has led to the demand for food products with specific functionalities that will cater to their needs and aid in dealing with different health aspects.

Collagen hydrolysate or collagen peptide has wide usage in the areas of culinary and food processing sectors. It is mixed in various drinks, shakes, smoothies, and ice creams to give an anti-inflammatory protein boost, as the ingredient has the tendency to dissolve in the cold liquid easily. Hydrolyzed collagen has good organoleptic properties, taste, and is odor-free, while at the same time enabling the food product to maintain its quality. It is used in various formulations due to its property to mix and blend with other forms.

Restraints of collagen peptides market

Stringent food laws for animal-sourced additives

Consumers are becoming anxious about the safety of the food and food ingredients that they consume. The various processing technologies, preservation techniques, and packaging methods remain important safety issues. Therefore, several food additive laws and regulations have been implemented in various countries, thereby limiting the growth and usage of hydrolyzed collagen substances.

Concerns toward the depletion of animal sources

Hydrolyzed collagen is obtained from animal sources, such as fish, pigskin, and bovine. There is rapid opposition against the usage of products obtained from animal sources, keeping in view the conservation of wildlife. Vegan food has become the latest trend in developed countries, such as in the US. In addition, there is a probability of shortage of resources in some places to meet the demand for these products, which, in turn, would create a supply-demand imbalance.

Acquisitions, 2013–2018

Date

Company

Description

June 2018

Danish Crown

Danish Crown’s subsidiary group, Tulip Food Company acquired Zandbergen (Netherlands) to meet the growing demand for bacon products in the global collagen peptides market

May 2018

Darling Ingredients

Darling Ingredients completed the acquisition of Kruger Commodities, Inc. (US). This helped the company to expand its production business for protein blending operations and its cooking oil collecting business.

New Product Launches, 2013–2018

Date

Company

Description

February 2018

Darling Ingredients

Darling Ingredients has launched a new product named StabiCaps. It will help the company to expand its collagen peptide product line.

May 2017

Tessenderlo Group

The company launched SOLUGEL Ultra BD in the collagen protein market to expand its product portfolio.

Source: Company Website, Company Publications, and Press Releases

Scope of the collagen peptides market Report

On the basis of Source, the collagen peptides market has been segmented into the following:

  • Cattle hide & bones
  • Pigskin
  • Poultry & fish

On the basis of Application, the collagen peptides market has been segmented into the following:

  • Nutritional products
    • Sports nutrition
    • Dietary supplements
  • Beverages
    • Carbonated beverages
    • Non- carbonated beverages
    • Others (alcoholic beverages and fruit juices)
  • Dairy products
    • Cheese
    • Yogurt
    • Others (cream and ice cream)
  • Meat & poultry products
  • Snacks & cereal
  • Others (bakery products, confectionery products, and desserts)

On the basis of Region, the collagen peptides market has been segmented into the following:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (South America, Africa, and the Middle East)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to client-specific needs.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolios of each company

Regional Analysis

  • Further breakdown of the Rest of European market into Switzerland, Ireland, Austria, Belgium, Sweden, and Norway
  • Further breakdown of the Rest of Asia Pacific collagen peptides market into Pakistan, Indonesia, Malaysia, Thailand, and the Philippines

Company Information

  • Detailed analysis and profiling of additional players for collagen peptides market

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Periodization Considered
    1.4 Currency Considered
    1.5 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Research Assumptions & Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 24)

4 Premium Insights (Page No. - 27)
    4.1 Attractive Opportunities in the Market
    4.2 Market for Collagen Peptides, By Key Country
    4.3 Market for Collagen Peptides, By Application, 2018–2023
    4.4 Market for Collagen Peptides, By Sources & Region, 2017
    4.5 Asia Pacific Market for Collagen Peptides, By Country & Application, 2017

5 Market Overview (Page No. - 31)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Consumer’s Inclination Toward Healthy Lifestyles and Protein Consumption
                    5.2.1.2 Application of Collagen Peptide as A Functional Ingredient in Food Processing
                    5.2.1.3 Widening Applications of Collagen Peptides
           5.2.2 Restraints
                    5.2.2.1 Stringent Food Laws for Animal-Sourced Additives
                    5.2.2.2 Concerns Toward the Depletion of Animal Sources
           5.2.3 Opportunities
                    5.2.3.1 Immense Potential in Emerging Economies
                    5.2.3.2 Promotion of A Healthy Diet By Governments
           5.2.4 Challenges
                    5.2.4.1 Challenges With Distribution Channels in Developing Countries
                    5.2.4.2 Insufficient Processing Technologies

6 Industry Trends (Page No. - 36)
    6.1 Introduction
    6.2 Supply Chain
    6.3 Regulatory Bodies
           6.3.1 United States Department of Agriculture (USDA)
           6.3.2 European Food Safety Authority (EFSA)
    6.4 Strategic Benchmarking
           6.4.1 Expansions and Acquisitions

7 Market for Collagen Peptides, By Source (Page No. - 39)
    7.1 Introduction
    7.2 Cattle Hide & Bones
    7.3 Pigskin
    7.4 Poultry & Fish

8 Collagen Peptides Market, By Application (Page No. - 44)
    8.1 Introduction
    8.2 Nutritional Products
    8.3 Beverages
    8.4 Dairy Products
    8.5 Meat & Poultry Products
    8.6 Snacks & Cereal
    8.7 Others

9 Collagen Peptides Market, By Region (Page No. - 57)
    9.1 Introduction
    9.2 North America
           9.2.1 US
           9.2.2 Canada
           9.2.3 Mexico
    9.3 Europe
           9.3.1 Germany
           9.3.2 France
           9.3.3 UK
           9.3.4 Italy
           9.3.5 Spain
           9.3.6 Rest of Europe
    9.4 Asia Pacific
           9.4.1 China
           9.4.2 India
           9.4.3 Japan
           9.4.4 Rest of Asia Pacific
    9.5 Rest of the World
           9.5.1 South America
                    9.5.1.1 Brazil
                    9.5.1.2 Argentina
                    9.5.1.3 Rest of South America
           9.5.2 Africa
           9.5.3 Middle East

10 Competitive Landscape (Page No. - 88)
     10.1 Overview
     10.2 Key Strategies
     10.3 Market Share Analysis
     10.4 Competitive Scenario
             10.4.1 Acquisitions
             10.4.2 Expansions
             10.4.3 New Product Launches
             10.4.4 Collaborations, Agreements, Partnerships, and Joint Ventures

11 Company Profiles (Page No. - 93)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View)*
     11.1 Darling Ingredients
     11.2 Tessenderlo Group
     11.3 Cargill
     11.4 Kewpie Corporation
     11.5 Danish Crown
     11.6 Gelnex
     11.7 Gelita AG
     11.8 Italgelatine S.P.A
     11.9 Lapi Gelatine
     11.10 Nitta Gelatin
     11.11 Weishardt Group
     11.12 Junca Gelatines

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 113)
     12.1 Discussion Guide
     12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.3 Introducing RT: Real-Time Market Intelligence
     12.4 Available Customizations
     12.5 Related Reports
     12.6 Author Details


List of Tables (77 Tables)

Table 1 USD Exchange Rates Considered for the Study, 2015–2017
Table 2 Collagen Peptides Market Size, By Source, 2016–2023 (USD Million)
Table 3 Cattle Hide & Bones Market Size, By Region, 2016–2023 (USD Million)
Table 4 Pigskin Market Size, By Region, 2016–2023 (USD Million)
Table 5 Poultry & Fish Market Size, By Region, 2016–2023 (USD Million)
Table 6 By Market Size, By Application, 2016–2023 (USD Million)
Table 7 By Market Size in Nutritional Products, Market Size, By Region, 2016–2023 (USD Million)
Table 8 By Market Size in Nutritional Products, Market Size, By Sub-Application, 2016–2023 (USD Million)
Table 9 By Market Size in Sports Nutrition, Market Size, By Region, 2016–2023 (USD Million)
Table 10 By Market Size in Dietary Supplements, By Region, 2016–2023 (USD Million)
Table 11 Collagen Peptide in Other Nutritional Products, Market Size, By Region, 2016–2023 (USD Million)
Table 12 Collagen Peptides Market Size in Beverages, By Region, 2016–2023 (USD Million)
Table 13 By Market Size in Beverages, By Sub-Application, 2016–2023 (USD Million)
Table 14 Collagen Peptides Market Size in Fortified Beverages, By Region, 2016–2023 (USD Million)
Table 15 By Market Size in Carbonated Beverages, By Region, 2016–2023 (USD Million)
Table 16 Collagen Peptides Market Size in Other Beverages, By Region, 2016–2023 (USD Million)
Table 17 By Market Size in Dairy Products, By Region, 2016–2023 (USD Million)
Table 18 Collagen Peptides Market Size in Dairy Products, By Sub-Application, 2016–2023 (USD Million)
Table 19 By Market Size in Yogurts, By Region, 2016–2023 (USD Million)
Table 20 Collagen Peptides Market Size in Cheese, By Region, 2016–2023 (USD Million)
Table 21 By Market Size in Other Dairy Applications, By Region, 2016–2023 (USD Million)
Table 22 Collagen Peptides Market Size in Meat & Poultry Products, By Region, 2016–2023 (USD Million)
Table 23 By Market Size in Snacks & Cereals, By Region, 2016–2023 (USD Million)
Table 24 Collagen Peptides Market Size in Other Applications, By Region, 2016–2023 (USD Million)
Table 25 By Market Size, By Region, 2016–2023 (USD Million)
Table 26 North America: Collagen Peptides Market Size, By Country, 2016–2023 (USD Million)
Table 27 North America: Market Size, By Source, 2016–2023 (USD Million)
Table 28 North America: Pigskin Market Size, By Country, 2016–2023 (USD Million)
Table 29 North America: Cattle Hide & Bone Market Size, By Country, 2016–2023 (USD Million)
Table 30 North America: Poultry & Fish Market Size, By Country, 2016–2023 (USD Million)
Table 31 North America: Market Size, By Application, 2016–2023 (USD Million)
Table 32 North America: Market Size for Nutritional Products, By Country, 2016–2023 (USD Million)
Table 33 North America: Market Size for Beverages, By Country, 2016–2023 (USD Million)
Table 34 North America: Collagen Peptides Market Size for Dairy Products, By Country, 2016–2023 (USD Million)
Table 35 North America: Market Size for Snacks & Cereals, By Country, 2016–2023 (USD Million)
Table 36 North America: Market Size for Meat & Poultry Products, By Country, 2016–2023 (USD Million)
Table 37 North America: Market Size for Other Applications, By Country, 2016–2023 (USD Million)
Table 38 Europe: Market Size, By Country, 2016–2023 (USD Million)
Table 39 Europe: Market Size, By Source, 2016–2023 (USD Million)
Table 40 Europe: Pigskin Market Size, By Country, 2016–2023 (USD Million)
Table 41 Europe: Cattle Hide & Bone Market Size, By Country, 2016–2023 (USD Million)
Table 42 Europe: Poultry & Fish Market Size, By Country, 2016–2023 (USD Million)
Table 43 Europe: Market Size, By Application, 2016–2023 (USD Million)
Table 44 Europe: Collagen Peptides in Nutritional Products Market Size, By Country, 2016–2023 (USD Million)
Table 45 Europe: Collagen Peptides in Beverages Market Size, By Country, 2016–2023 (USD Million)
Table 46 Europe: Collagen Peptides in Dairy Products Market Size, By Country, 2016–2023 (USD Million)
Table 47 Europe: Collagen Peptides in Snacks & Cereals Market Size, By Country, 2016–2023 (USD Million)
Table 48 Europe: Collagen Peptides in Meat & Poultry Market Size, By Country, 2016–2023 (USD Million)
Table 49 Europe: Collagen Peptides in Other Applications Market Size, By Country, 2016–2023 (USD Million)
Table 50 Asia Pacific: Market Size, By Country, 2016–2023 (USD Million)
Table 51 Asia Pacific: Market Size, By Source, 2016–2023 (USD Million)
Table 52 Asia Pacific: Pigskin Market Size, By Country, 2016–2023 (USD Million)
Table 53 Asia Pacific: Cattle Hide & Bone Market Size, By Country, 2016–2023 (USD Million)
Table 54 Asia Pacific: Poultry & Fish Market Size, By Country, 2016–2023 (USD Million)
Table 55 Asia Pacific: Market Size, By Application, 2016–2023 (USD Million)
Table 56 Asia Pacific: Collagen Peptides Market Size for Nutritional Products, By Country, 2016–2023 (USD Million)
Table 57 Asia Pacific: Market Size for Beverages, By Country, 2016–2023 (USD Million)
Table 58 Asia Pacific: Market Size for Dairy Products, By Country, 2016–2023 (USD Million)
Table 59 Asia Pacific: Market Size for Snacks & Cereals, By Country, 2016–2023 (USD Million)
Table 60 Asia Pacific: Market Size for Meat & Poultry Products, By Country, 2016–2023 (USD Million)
Table 61 Asia Pacific: Market Size for Other Applications, By Country, 2016–2023 (USD Million)
Table 62 RoW: Market Size, By Region/Country, 2016–2023 (USD Million)
Table 63 RoW: Market Size, By Source, 2016–2023 (USD Million)
Table 64 RoW: Pigskin Market Size, By Region/Country, 2016–2023 (USD Million)
Table 65 RoW: Cattle Hide & Bones Market Size, By Region/Country, 2016–2023 (USD Million)
Table 66 RoW: Poultry & Fish Market Size, By Region/Country, 2016–2023 (USD Million)
Table 67 RoW: Market Size, By Application, 2016–2023 (USD Million)
Table 68 RoW: Market Size in Nutritional Products, By Region, 2016–2023 (USD Million)
Table 69 RoW: Market Size in Beverages, By Region, 2016–2023 (USD Million)
Table 70 RoW: Collagen Peptides Market Size in Dairy Products, By Region, 2016–2023 (USD Million)
Table 71 RoW: Market Size in Snacks & Cereal, By Region, 2016–2023 (USD Million)
Table 72 RoW: Market Size in Meat & Poultry Products, By Region, 2016–2023 (USD Million)
Table 73 RoW: Collagen Peptides Market Size in Other Applications, By Region, 2016–2023 (USD Million)
Table 74 Acquisitions, 2013–2018
Table 75 Expansions, 2013–2018
Table 76 New Product Launches, 2013–2018
Table 77 Collaborations, Agreements, Partnerships, and Joint Ventures, 2013–2018


List of Figures (37 Figures)

Figure 1 Collagen Peptides Market Segmentation
Figure 2 Geographic Scope
Figure 3 Collagen Peptides Market: Research Design
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Market for Collagen Peptides Snapshot, By Source, 2018 vs 2023 (USD Million)
Figure 8 Collagen Peptides Market Snapshot, By Application, 2018 vs 2023 (USD Million)
Figure 9 Market for Collagen Peptides Size, By Region, 2017
Figure 10 Collagen Peptides: an Emerging Market With Promising Growth Potential
Figure 11 Geographic Snapshots: New Hotspots Emerging in Asia Pacific, 2018–2023
Figure 12 Nutritional Products to Grow at the Highest Rate
Figure 13 Pigskin Segment Accounted for the Largest Share Across All Sources in 2017
Figure 14 China Was the Largest Market for Collagen Peptides in the Asia Pacific Region in 2017
Figure 15 Market for Collagen Peptides Dynamics
Figure 16 Ingredient Suppliers are Vital Components of the Supply Chain
Figure 17 Strategic Benchmarking: Key Market Players Largely Adopted Expansions & Acquisitions, 2014–2018
Figure 18 Pigskin is Projected to Form the Largest Segment During the Forecast Period
Figure 19 Nutritional Products to Be the Largest Segment From 2018 Through 2023
Figure 20 By Market Size, By Region, 2018 vs 2023 (USD Million)
Figure 21 Asia Pacific Collagen Peptides Market Snapshot
Figure 22 Key Strategies Adopted By Leading Players in the Collagen Peptide Market Between 2014 and 2018
Figure 23 Collagen Peptide Market Developments, By Growth Strategy, 2014–2018
Figure 24 Market Share Analysis of Key Players in Collagen Peptide Market, 2017
Figure 25 Key Growth Strategies Adopted By Major Companies, 2014–2018
Figure 26 Darling Ingredients: Company Snapshot
Figure 27 Darling Ingredients: SWOT Analysis
Figure 28 Tessenderlo Group: Company Snapshot
Figure 29 Tessenderlo Group: SWOT Analysis
Figure 30 Cargill: Company Snapshot
Figure 31 Cargill: SWOT Analysis
Figure 32 Kewpie Corporation: Company Snapshot
Figure 33 Kewpie Corporation: SWOT Analysis
Figure 34 Danish Crown: Company Snapshot
Figure 35 Danish Crown: SWOT Analysis
Figure 36 Gelita AG: Company Snapshot
Figure 37 Nitta Gelatin: Company Snapshot

The collagen peptides market is projected to reach USD 1,337.0 million by 2023, from USD 772.3 million in 2018, growing at a CAGR of 11.6%. Wide application of collagen peptides as a functional ingredient in food processing and rising consumer inclination toward healthy lifestyles act as factors driving the collagen peptides market growth.

Based on the source, the collagen peptides market has been segmented into cattle hide & bones, pigskin, and poultry & fish. The pigskin segment dominated the collagen peptides market in 2018, and this trend is projected to continue through the forecast period from 2018 to 2023. Different methods are used to extract collagen protein, which include the salting out, alkaline, acid, and enzyme methods. Extraction of collagen peptide from pigskin is generally done through acid method, wherein citric acid is used.

On the basis of application, the collagen peptides market has been segmented into nutritional products, beverages, dairy products, snacks & cereal, meat & poultry products, and others. The nutritional products segment dominated the global collagen peptides market in 2018. Among all the nutritional ingredients used in sports nutrition products, proteins play an essential role. They help in improving athletic performance, protecting joints and connective tissues, muscle restoration, aiding muscular contraction, weight management, and also helps to reduce the risk of injury. Collagen peptides are considered as a major source of protein that originates from collagen.

North America is expected to account for the largest share of the global collagen peptides market through 2023, owing to the flourishing food & beverage industry in the region. The region is the largest producer and consumer of processed food & beverage products. The major factors driving the collagen peptides market in North America are the rise in health awareness among consumers and presence of key players such as Darling Ingredients (US) and Cargill (US) in the collagen peptides market.

Asia Pacific is projected to be the fastest-growing region in the global collagen peptides market during the forecast period, owing to the rising consumer awareness about the health benefits of low-calorie and low-fat nutritional food & beverage products.

Collagen Peptides Market

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Stringent food laws for animal-sourced additives and concern toward the depletion of animal sources are some of the major factors restraining the growth of the collagen peptides market, globally. Consumers are growing increasingly concerned about the safety of the food and the food ingredients that they consume. The various processing technologies, preservation techniques, and packaging methods remain important safety issues. Therefore, several food additive laws and regulations have been implemented in various countries, thereby limiting the growth and usage of hydrolyzed collagen substances.

The key players in the global collagen peptides market include Darling Ingredients (US), Tessenderlo Group (Belgium), Cargill (US), Kewpie Corporation (Japan), Danish Crown (Denmark), GELNEX (Brazil), GELITA AG (Germany), ITAGELATINE S.p.A (Italy), Lapi Gelatine (Italy), Nitta Gelatin (Japan), Weishardt Group (France), and Junca Gelatines (Spain).

Opportunities for collagen peptides market

Immense potential in emerging economies

Increase in the population of working women and dominance of nuclear double-income families, especially in urban areas, are trends that shape the changing lifestyles of a majority of consumers and their approach toward healthy lifestyles in emerging economies. Rise in living standards and changes in lifestyles in developing countries contribute to the development of the convenience food market. The collagen peptides market, therefore, is estimated to possess greater potential in newer and untapped markets of China, India, Japan, Brazil, and the Middle East.

Promotion of a healthy diet by governments

An unhealthy diet is one of the key risk factors for non-communicable diseases (NCDs). Inadequate consumption of essential nutrients increases the risk of various chronic and cardiovascular diseases such as hypertension (high blood pressure), cancer, obesity, and diabetes. With globalization and higher exposure to other cultures (especially Western lifestyles), consumers’ eating patterns have also changed, with an increase in snacking and eating meals in restaurants.

Challenges for collagen peptides market

Challenges with distribution channels in developing countries

The saturated markets of developed economies compel manufacturers of collagen peptides to search for untapped markets and new consumer bases. This requires substantial investments in many aspects of business expansion, especially when it comes to the establishment of new facilities, such as distribution channels in developing countries.

Insufficient processing technologies<

The extraction and processing of collagen peptides requires highly advanced technology which is not largely developed throughout the regions of the world, especially in developing countries such as India, China, and rest of the Asia Pacific countries. Hence, the production of collagen peptides is largely restricted to some countries, such as the US, UK, and Germany.

Expansions, 2013–2018

Date

Company

Description

January 2018

Cargill

Cargill opened its first fish feed plant in India by improving the fish feed capacity for farmers. This will help to improve the aqua feed business in India and across Asia.

November 2017

Cargill

Cargill plans to invest USD 240 million in India and over the next five years. This investment is expected to help the company expand its core business of edible oil, cocoa & chocolates, starches & sweeteners, and animal nutrition in India

Collaborations, Agreements, Partnerships, and Joint Ventures, 2013–2018

Date

Company

Description

January 2016

Nitta Gelatin

Nitta Gelatin entered into a partnership with Vyse Gelatin (Chicago). This partnership helped the company to expand its collagen peptide product portfolio and capabilities.

Source: Company Website, Company Publications, and Press Releases

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