Global Collagen Peptide and Gelatin Market Experiences Substantial Growth

Strategic Insights -

The global collagen peptide and gelatin market is witnessing significant growth, driven by the increasing demand for these products in various industries such as nutraceuticals, cosmeceuticals, and pharmaceuticals. Collagen peptide is a hydrolyzed collagen derivative, while gelatin is a translucent, colorless food material produced from collagen. The market has been segmented based on sources and applications, with the demand for bovine, porcine, marine, chicken, and other sources of collagen peptide and gelatin driving growth. The market size and forecasts in terms of revenue (USD million) and volume (tons) for each segment have been provided for the period 2014 to 2020.

Key Takeaways:

  • The global collagen peptide market is expected to reach $1.4 billion by 2020, growing at a CAGR of 11.2% from 2014 to 2020.
  • The bovine source segment is expected to lead the global collagen peptide market, accounting for 30% of the market share in 2013.
  • The nutraceuticals segment is expected to be the fastest-growing application segment, growing at a CAGR of 13.9% from 2014 to 2020.
  • The Asia-Pacific region is expected to be the largest market for collagen peptide and gelatin, accounting for 35% of the global market share in 2020.
  • The major factors driving the market are high prevalence of age-related orthopedic diseases, rising healthcare awareness, and significant growth in wound healing and regenerative medicine markets.
  • The market for gelatin is expected to reach $1.2 billion by 2020, growing at a CAGR of 10.5% from 2014 to 2020.
  • The bovine source segment is expected to lead the global gelatin market, accounting for 40% of the market share in 2013.
  • The food and beverages segment is expected to be the fastest-growing application segment, growing at a CAGR of 12.5% from 2014 to 2020.

Statistics:

  • The global collagen peptide market is expected to reach $1.4 billion by 2020.
  • The market is expected to grow at a CAGR of 11.2% from 2014 to 2020.
  • The bovine source segment is expected to lead the global collagen peptide market, accounting for 30% of the market share in 2013.
  • The nutraceuticals segment is expected to be the fastest-growing application segment, growing at a CAGR of 13.9% from 2014 to 2020.
  • The Asia-Pacific region is expected to be the largest market for collagen peptide and gelatin, accounting for 35% of the global market share in 2020.
  • The global gelatin market is expected to reach $1.2 billion by 2020.
  • The market is expected to grow at a CAGR of 10.5% from 2014 to 2020.
  • The bovine source segment is expected to lead the global gelatin market, accounting for 40% of the market share in 2013.

Sources:

  • ReportLinker
  • PR Newswire
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