The collagen peptides market is directly influenced by the growing processed and functional food & beverage industry. The rise in consumption of bakery, snacks, and dairy products in developed economies is driving this market. Busy work schedules demand on-the-go consumption and convenient meals. In addition to this, health consciousness among consumers and the rise in income levels have boosted the sales of collagen peptides as functional ingredients.
The report “Collagen Peptides Market by Source (Cattle Hide & Bone, Pigskin, Poultry & Fish), Application (Snacks & Cereals, Dairy Products, Beverages, Meat & Poultry Products) & Region - Global Trend & Forecast to 2019”, defines and segments the collagen peptides market with analyses and projections of the market size in terms of value. It also identifies the driving and restraining factors of the market with analyses of the trends, opportunities, restraints, and challenges.
The size of the market in key regions—such as North America, Europe, Asia-Pacific, and Rest of the World (RoW) has been estimated and projected in the report.
Browse 66 market data tables and 65 figures spread through 180 pages and in-depth TOC on “Collagen Peptides Market by Source (Cattle Hide & Bone, Pigskin, Poultry & Fish), Application (Snacks & Cereals, Dairy Products, Beverages, Meat & Poultry Products) & Region - Global Trend & Forecast to 2019"
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The market for collagen peptides is projected to grow at a CAGR of 7.1% to exceed $800 million by 2019.
The collagen peptides market is driven by the increase in consumption of functional and processed food & beverage products in developed and developing countries. Acquisitions and expansions formed the most preferred strategy, among the key players, to attract and retain new customers, globally.
These players have focused on acquiring local players of the emerging markets to expand their business on a global scale and sustain the competition prevailing in the market. New product launches also helped key players in strengthening their product portfolio.
The market for collagen peptides is projected to grow at a CAGR of 7.1% from 2014 to 2019. In 2013, North America region was estimated to be the largest market.
The report includes development strategies and product portfolios of leading companies, such as Rousselot (The Netherlands), Cargill, Incorporated (U.S.), Weishardt Group (France), Tessenderlo Group (Belgium), GELITA AG (Germany), Lapi Gelatine (Italy), Gelnex (Brazil), Kewpie Corporation (Japan), ITALGELATINE SpA (Italy), and Danish Crown A/S (Denmark).
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