The Europe Collagen Peptides market is expected to show evident potential in the forecasting period. The market continues to build up momentum with the emergence of economies in different regions across the globe and their rising potential in the market.
According to the report “Europe Collagen Peptides Market by Source (Pigskin, Poultry, Fish, Cattle Hide & Bone), Application (Snacks & Cereals, Beverages, Meat & Poultry Products, Dairy Products), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, the Europe Collagen Peptides Market is expected to grow at a CAGR of 6.87% and reach USD 237 million in 2021 from USD 170 million in 2016.
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Collagen Peptide can be described as the chemical compounds, which are rich in protein and are an important part of the healthy nutrition.
They are responsible for promoting the health of bones as well as joints and also, for making the skin beautiful.
There have been various factors which have been impacting the growth of market over recent years. The factors having a positive impact include consumers’ preference towards a healthy lifestyle, variety of applications of collagen peptide as ingredients in food industry.
Besides, there are few factors which hinder the market growth as well, including concerns regarding the depleting animal sources, stringent government laws for animal origin additives. These factors have been responsible for holding the market down from its actual potential.
The Europe Collagen Peptides market is divided based on source and application. The segmentation on the basis of source is done into fish, pigskin, poultry, cattle hide & bone.
On the basis of application, the market is categorized into dairy, meat & poultry products, beverages, snacks & cereals. On the basis of geography, the Europe market is analysed under various regions namely U.K, Germany, Spain, Italy and France.
Europe is the second largest market after North America Collagen Peptides market.
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Some of the major competitors in the Europe Collagen Peptides market are:
- Darling Ingredients Inc.
- Tessenderlo Group
- Cargill Incorporated
- Weishardt Group
- Kewpie Corporation
- Gelita AG
- Italgelatine S.P.A.
- Danish Crown A/S
- Lapi Gelatine
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