Transparency Market Research

Collagen Peptide and Gelatin Market Reflecting a CAGR of 9.4% During the Assessment Period 2017-2025

 

Albany, NY -- (SBWIRE) -- 09/21/2018 -- As per the assessment of Transparency Market Research, some of the main players operating in the global https://www.transparencymarketresearch.com/collagen-peptide.html">collagen peptide and gelatin market include GELITA AG, Catalent, Inc., Rousselot, Nitta Gelatin, Inc., Capsugel Belgium NV and Amicogen, Inc. As far as GELITA AG is concerned, the company is focused on undertaking a robust research and development in order to develop gelatin and collagen peptides that are used in various kinds of industries like food and beverage, pharmaceuticals and nutraceuticals. In addition, the company also manufactures tailor-made products as per the demand of the customers. In order to get an edge over their competitors and to become a dominant player, GELITA AG is using its strong R&D base and innovation and a wide product portfolio. On the other hand, providing the consumers with a wide variety of products, collaborations and acquisitions is the main strategy that is being followed by Catalent Inc. This company utilizes its strong partnerships with pharmaceutical companies as an engine for growth. Capsugel Belgium NV is a leading developer, manufacturer and provider of wide ranging and different types of innovative capsules. The main area where this company holds a competitive edge over others is its wide ranging and extensive range of products being provided to its worldwide customer base. The unique capabilities that the company possesses in the form of scientific, engineering, formulation and capsule expertise have enabled them to become a dominant force in the worldwide collagen market.

As per the projections of Transparency Market Research, the global collagen peptide and gelatin market was pegged at US$ 5,452.2 Mn in 2017 and is expected to touch a valuation of US$ 11,156.1 Mn in 2025, reflecting a CAGR of 9.4% during the assessment period 2017-2025.

global collagen peptide gelatin market
Market Dynamics of the Global Collagen Peptide and Gelatin Market

Due to the increasing concerns of the consumers regarding their health and lifestyle, the consumption of dietary supplements is on a rise globally. In the realm of personal well-being, consumers are selecting various types of functional foods and nutraceuticals to avert age-related diseases and for improving their health. Some of the major factors that are driving the global nutraceuticals market are awareness about the product, ability to buy the product and the wide ranging choice that the consumers have in this segment of the market. Nutraceuticals are used by the elderly and sportspersons, as they are abundant in proteins and other essential supplements.

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As per the data provided by European Nutraceutical Association (ENA), lack of nutrition accounted for 38.6% of the deaths in developing countries such as China, India and Brazil. Hence, deficiencies due to nutrition are not related to the financial status of the people, but to the type of food being consumed by them. Besides the improving economic conditions, the launch of novel prebiotic/probiotic products and rise in the consumption of heart-health enhancing nutraceuticals are boosting the growth of this market. Since collagen is an important part of such nutraceuticals, the market of collagen peptide and gelatin is also being positively stimulated by the growth in the nutraceuticals market.

About Transparency Market Research
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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