Impact on Global supply chains is mostly the consequence of the terrible situation in China. First, it supplies raw materials and finished products to many worldwide producers and retailers. Besides, it is a big consumer of pig collagen. The dead plants in China have led to the disruptions in the global and domestic product and ingredients pipeline. In the wake of COVID-19, various regulators and industry bodies have expressed their commitment to supplying safe food, protecting consumers and ensuring high animal welfare standards. The recent developments have hit the market sentiments, but once the effect of coronavirus wanes, the market will witness the recovery.

Global Collagen Peptide Market Segmentation

By Source 

Based on the source, the market is segmented into Bovine, Porcine, and Marine & Others. The Bovine segment is expected to account for the largest share of the collagen peptide market as a prime source due to its easy availability and biocompatibility. Bovine-sourced collagen peptides also contain collagen of type I and type III, which are pivotal components of human skin. Bovine collagen is sourced from the cows in two separate forms, i.e., gelatin and the hydrolyzed form. It is now regularly consumed around the world as both scientists confirm and customers appreciate its substantial health benefits to bodies, intestines, joints and more. The key benefits of collagen peptides derived from bovine sources are that they hydrate the skin, help muscle strength, heal the intestines and help hair growth.

By Form

Based on form, the global collagen peptide market segmented into Dry and Liquid. Collagen peptide supplements are available in two primary forms, i.e., Dry and Liquid that can be further converted into various forms depending on the end-use application, such as pills, creams and lotions, collagen-infused liquid. And, some generic liquid can be added in morning drinks and smoothie. After applications in liquid form, the dry form can easily be blended into most hot and cold beverages as it is tasteless.

By Application

Based on application industry, Global Collagen Peptide Market is divided into Nutritional Product, Food & Beverage, Pharmaceuticals and Cosmetics & Personal Care Products. Amidst the segments, Nutritional Product segment is anticipated to dominate the global market in the upcoming years followed by Food & Beverage segment. Collagen peptides have also found their increasing use in various biomedical applications with biotechnological advancement. The flexible nature of the collagen peptides supports its use in the manufacture of orally administrative medicines in the pharmaceutical industry. The extensive applications of Collagen Peptide are expected to induce market growth during the forthcoming period.

Global Collagen Peptide Market: Regional insights

Based on regional segmentation, the global collagen peptide market segmented into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Among the geographies, North America dominates the collagen peptide market. The widespread use of cosmetic products, increased research and development activities to develop novel collagen drugs, and improved healthcare infrastructure promotes market growth in this area. The increased disposable income, high spending on beauty and fitness products also favors the growth of the collagen peptide market in North America. Asia-Pacific is expected to rise with the highest CAGR over the forecast period due to the adoption of collagen-based products, the booming pharmaceutical industry and the rising demand for collagen peptides in this area.

Competitive landscape

The leading players in Collagen Peptide Market are Tessenderlo Group, Holista CollTech Limited, Darling Ingredients Inc., Nitta Gelatin Inc., Amicogen, Inc., Gelita AG, Advanced BioMatrix, Inc., Collagen Solutions Plc., LAPI GELATINE S.p.A., ITALGELATINE S.p.A., Nippi Inc. and other prominent players.

The players are increasingly focusing on expanding their distribution networks and integration to improve their market position. For instance, in 2018 Amicogen, Inc., a South Korean company engaged in the development, production, and distribution of enzymes, entered into a joint venture agreement with Kang Maislin, a health and beauty distributor. The company reported that it intends to set up a fish collagen peptide facility and a sales office in Qingdao, China, to gain access to the country's supply of raw materials.

Recent Developments

2020: PB Leiner opens new SOLUGEL production facility in Santa Fe

At its location in Santa Fe (Argentina), PB Leiner (part of Tessenderlo Group) has inaugurated a new line of collagen peptides-SOLUGEL. It promotes the health of the skin, bone and joint, and is an ideal protein source for weight loss diets and also for patient recovery. The expanded production facility would lead to substantial extra production volumes of SOLUGEL collagen peptides. Also, the local investment would allow the company to compete globally. 

2020: Rousselot, (Darling Ingredients) renewed its 5-year Global Strategic Agreement with By-Health

Rousselot, a Darling Ingredients (Texas) company, has renewed its five-year Global Strategic Agreement with By-Health (China). By-Health is a well-known brand in the dietary supplements market in China. The contract is related to the production of gelatine and collagen peptides for the nutraceutical industry in China by Rousselot. It will also allow both companies to strengthen their cooperation on R&D, development, regulations and clinical studies of ingredients.

Scope of the Report

By Source

Ø  Bovine

Ø  Porcine

Ø  Marine

Ø  Others

By Form

Ø  Dry

Ø  Liquid

By Application

Ø  Nutritional Product

Ø  Food & Beverage

Ø  Pharmaceuticals

Ø  Cosmetics & Personal Care Products 

By Region 

Ø  North America

Ø  Europe

Ø  Asia Pacific

Ø  Latin America

Ø  Middle East & Africa

The objective of the Study:

Ø  To analyze and estimate the Global Collagen Peptide Market size, in terms of value.

Ø  To examine the market segmentation carefully and estimate the market size, in terms of value, based on the region by segmenting the Global Collagen Peptide Market into five regions, namely, North America, Europe, Asia Pacific, Rest of the World and their leading countries.

Ø  To outline, categorize and project the Global Collagen Peptide Market based on the on the Source, Form, Application and Region.

Ø  To examine competitive developments in product form, source and industry applications within the Global Collagen Peptide Market.

Ø  To highlight market dynamics such as drivers, restraints, opportunities, and challenges and their impact.

Ø  To provide a detailed competitive landscape, including major players, their strategic profiles, and market shares.

Business Questions Answered by the Report

Ø  How will the market drivers, restraints, and opportunities affect the market dynamics?

Ø  What will be the market size in terms of value and volume and market statistics with a detailed classification?

Ø  Which segment dominates the market or region, and which one will be the fastest-growing, and why?

Ø  Who are the key players in the market, and what is their share?

Ø  What is the strategy adopted by key players, and how does it affect the existing and new players?

Customization Scope for the Client

Client satisfaction is our first and last priority, and that is why BlueWeave Consulting offers customization as per client’s specific needs. The following customization options are available for the report:

Ø  Additional Company Information

Ø  Detail Analysis of five additional companies

Ø  Additional country analysis

Ø  Detailed segment analysis