Transparency Market Research (TMR) has published a new
report titled, “Collagen Peptide and Gelatin Market - Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast, 2019–2027”. According to
the report, the global collagen peptide and gelatin market was valued at US$
5,976.9 Mn in 2018 and is projected to expand at a
CAGR of 8.7% from 2019 to 2027.
Overview
·
Based on type, collagen peptide and gelatin are available in type I, type
II and others
·
Rigorous research and development activities in regenerative medicine and
wound healing and growth in commercialization of novel collagen-based drug
delivery systems drive the market
·
North America dominated the global collagen peptide and gelatin market in
2018 and the trend is anticipated to continue during the forecast period.
Presence of well-established collagen manufacturing facilities and use of
advanced extraction methodologies are driving the market in the U.S.
·
Asia Pacific is expected to be a highly lucrative market for collagen
peptide and gelatin, expanding at a higher CAGR during the forecast period
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Growth in
Commercialization of Novel Collagen-Based Drug Delivery Systems, Rigorous
Research and Development Activities in Regenerative Medicine and Wound Healing,
and Increase in Social Awareness about Personal Well-Being Drive Market
·
Major factors driving the growth of nutraceuticals application segment are
awareness, affordability, and accessibility. Nutraceuticals are used by the
geriatric population and sportspersons, as these are a rich source of proteins
and other essential supplements.
·
According to the European Nutraceutical Association (ENA), lack of
nutrition accounted for 38.6% of the deaths in developing nations such as
China, India, and Brazil. Thus, deficiencies due to nutrition are not related
to the economic classes, but to the type of food consumed by the people.
·
Collagen sponges, shields, liposomes, microspheres, and nanoparticles
constitute some of the collagen-based drug delivery products employed in
various disease areas. Liposomes and nanoparticles constitute the novel forms
of collagen-based drug delivery systems pertaining to sustained release.
Furthermore, collagen is extensively used in encapsulation of active
pharmaceutical ingredient (API) and render protection from disintegration in
acidic gastric juices.
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Type I Segment to
Dominate Market
·
Based on type, the global collagen peptide and gelatin market has been
divided into Type I, type II and others. Based on source, type I is further sub
segmented into fish and others. Fish is further bifurcated into tilapia, carp,
and others. Type II is segmented into hydrolyzed and undenatured.
·
The type I collagen held major share in the global collagen peptide and
gelatin market in 2018 and is estimated to expand at the
highest CAGR during the forecast period.
·
Increasing consciousness among people towards personal care and health has
led to the rise in the use of nutraceuticals and cosmeceuticals. High demand
for these products has led to the overall rise in the global collagen peptide
and gelatin market as collagen is the main ingredient for these products owing
to its anti-aging properties etc.
North America to Dominate
Global Market
·
Geographically, the global collagen peptide and gelatin market has been
segmented into five major regions: North America, Europe, Asia Pacific, Latin
America, and Middle East & Africa. North America dominated the global
collagen peptide and gelatin market in 2018, followed by
Europe.
·
North America accounted for major share of the global collagen peptide and
gelatin market in 2018, owing to increasing R&D activities
will result in development of novel drug formulations.
·
The collagen peptide and gelatin market in Asia Pacific is likely to expand
at a higher CAGR from 2019 to 2027. Increasing
geriatric population creates demand for collagen based bone substitutes,
nutritional products, and other drug delivery systems.
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Competitive Landscape
·
GELITA AG, Catalent, Inc., Rousselot, Nitta Gelatin, Inc., Capsugel Belgium
NV, Amicogen, Inc. are the leading players in the global collagen peptide and
gelatin market that hold majority of the market share
·
The global collagen peptide and gelatin market is fragmented in terms of
number of players. Key players in the global market include Amicogen,
Inc, BioCell Technology LLC, Capsugel Belgium NV, Catalent, Inc., ChinaTech
Peptide Co., Ltd., GELITA AG, InterHealth Nutraceuticals, Inc, Nitta Gelatin,
Inc., Norland Products, Inc., Rousselot.
·
New product development through robust R&D activities and merger &
acquisitions are the key strategies adopted by these players to operate their
business in the global collagen peptide and gelatin market
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