Tessenderlo Group (Belgium) and GELITA AG (Germany) are the Key Players in the Collagen Peptides Market
The global collagen peptides market size is estimated to be valued at USD 631 million in 2021 and is projected to reach USD 828 million by 2026, recording a CAGR of 5.6% during the forecast period in terms of value. The demand for collagen peptides products is attributed by the significant increase in consumer inclination toward a healthy lifestyle and the rise in the demand for collagen peptides for medical applications is driving the overall collagen peptides market growth.
Key players in this market include Tessenderlo Group (Belgium), GELITA AG (Germany), Holista Colltech (Australia), Darling Ingredients (US), Nitta Gelatin (Japan), Gelnex (Brazil), Lapi Gelatine S.p.a. (Italy), Weishardt Group (France), Ewald-Gelatine Gmbh (Germany).
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The existing players in the collagen peptides market are fixated upon improving their market shares, while the newer startups are being established rapidly in the collagen peptides segment. Collagen peptides can be classified as a competitive market as it has a large number of organized players at the global level as well as unorganized players present at the local level in several countries. There are numerous existing and emerging companies across the globe.
Tessenderlo Group was established in 1919 as a chemical company. With time, the company has evolved into a diversified industrial group, making itself a leader in most markets. The groups activities can be divided into four operating segments, such as agro, bio-valorization, industrial solutions, and t-power. The Tessenderlo Group serves its customers in the agriculture, food, industry, construction and health, and consumer good end markets. It offers collagen peptide products under its bio-valorization segment under PB Leiner. PB Leiner was founded in the early 1900 and is the producer of gelatin and collagen peptides. The company was the first to introduce cold-soluble gelatin in the market.
GELITA AG is one of the leading manufacturers and suppliers of collagen proteins for various applications, such as food, health & nutrition, pharmaceutical, specialties & fat, and protein & minerals. It manufactures three major products: gelatin, collagen peptides, and collagen. It offers collagen and collagen peptides used in the production of meat products, such as boiling sausage, cooked sausage, and low-fat pastries or ground meat. The company distributes high-quality tailor-made collagens for a wide range of products in the food and nutritional supplement industries. It has more than 18 production plants and sales offices globally.
Related Reports:
Collagen Peptides Market by Application (Food & Beverages, Nutritional Products, Cosmetics & Personal Care Products, and Pharmaceuticals), Source (Bovine, Porcine, and Marine & Poultry), Form (Dry and Liquid) and Region – Global Forecast to 2026
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