A recent report published by Infinium Global Research on collagen peptide market provides in depth analysis of segments and sub-segments in global as well as regional collagen peptide market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional collagen peptide market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global collagen peptide market. According to report the global collagen peptide market is projected to grow at a CAGR of 10.1% over the forecast period of 2017-2023.
Collagen peptide is a natural body protein inside the body. It is produced in the body to prevent dermal layers of the skin from developing skin folds. Collagen peptide is made from collagen through an enzymatic hydrolysis process and which is why it is often referred to as hydrolyzed collagen. Collagen peptides are rich source of protein and healthy nutrition. They improve health of bones, and are effective for beautiful skin. Collagen peptide is used as cosmetic or medical collagen in different skin creams and treatments to reduce the appearance of wrinkles and to moisturize skin.
Increasing consciousness about wellbeing and wrinkle free skin in old-age and increasing awareness pertaining to the benefits of collagen peptide products about personal healthcare are expected to be the key driving growth factors. Further, increasing R&D activities for the development of novel drug formulations and favorable regulations for regenerative medicine application are anticipated to bring more opportunities for the major players in the market.
Figure 1: Global Collagen Peptide Market by Value 2015-2023
The report on global collagen peptide market covers segments such as, source type and application. On the basis of source type the global collagen peptide market is categorized into bovine collagen peptide, porcine collagen peptide, chicken collagen peptide, fish collagen peptide and others. On the basis of application the global collagen peptide market is categorized into bone and joint health, nutraceuticals, cosmeceuticals, food and beverage, pharmaceuticals and others.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015-2023.
Figure 2: Global Collagen Peptide Market by Region, CAGR % 2017-2023
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017-2023.
The report provides profiles of the companies in the global collagen peptide market such as, Amicogen, Inc., BioCell Technology LLC, Capsugel Belgium NV, Catalent, Inc., ChinaTech Peptide Co. Ltd., GELITA AG, Norland Products, Inc., Rousselot International, Roxlor LLC and Weishardt International Group.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global collagen peptide market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of collagen peptide market. Moreover, the study highlights current market trends and provides forecast from 2017-2023. We also have highlighted future trends in the collagen peptide market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the collagen peptide market to understand the present and future trends in this market and formulate their strategies accordingly.
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