Regional and country-level analysis and forecasts of the Asia-Pacific Collagen Peptides Market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped
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According to the report “Asia-Pacific 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)” report by Market Data Forecast, the Asia-Pacific Collagen Peptides Market has been estimated at USD 144 million in 2016 and is projected to reach USD 211 million by 2021, at a CAGR of 7.92% during the forecast period from 2016 to 2021.
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The Asia-Pacific Collagen Peptides Market is showcasing significant potential in the mentioned forecast period. The market continues to build up momentum with the growth of the emerging economies showing huge potential in the upcoming years.
Collagen Peptide can be described as the chemical compounds, which are rich in protein and are an important part of the healthy nutrition.
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They are responsible for promoting the health of bones as well as joints and also, for making the skin beautiful.
There are various factors which have been impacting the market growth over recent years. The factors having a positive impact are wide range of applications of collagen peptide as ingredient in food industry, consumers’ preference towards healthy lifestyle.
Apart from these, there are some factors which hinder the market growth as well, which include concerns regarding the depleting animal sources, stringent government laws for animal origin additives. These factors are responsible for holding the market back from its full potential.
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The Asia-Pacific Collagen Peptides Market is categorized on the basis of source and application. The market segmentation based on source is done into pigskin cattle hide & bone, fish, poultry.
Based on application, the market is segmented into beverages, snacks & cereals, dairy, meat & poultry products. On the basis of geography, the Asia-Pacific market is analysed under various regions namely China, India, Australia, Japan and South Korea.
Asia Pacific is the fastest growing market in the years to come.
The major companies dominating the Asia-Pacific Collagen Peptides Market are:
- Darling Ingredients Inc.
- Tessenderlo Group
- Weishardt Group
- Cargill Incorporated
- Kewpie Corporation
- Danish Crown A/S
- Gelita AG
- Italgelatine S.P.A.
- Lapi Gelatine
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