Collagen Peptide and Gelatin Market (Source: Bovine, Porcine, Chicken, Marine and Others; Application: Bone and Joint Health, Nutraceuticals, Cosmeceuticals, Food and Beverage, Pet Food, Photography, Pharmaceuticals and Others) - Global Industry Analysis, Size, Share, Growth, Trends & Forecast, 2014-2020
Albany, NY -- (SBWIRE) -- 06/03/2015 -- Surging awareness about physiological well-being and personal healthcare drives the growth of the global collagen peptide and gelatin market, states a recently published report by Transparency Market Research. The report is titled "Collagen Peptide and Gelatin Market - Global Industry Analysis, Size, Share, Growth, Trends & Forecast, 2014 - 2020" and is available for sale on the company website.According to the report, the global collagen peptide market is poised to grow from US$0.7 billion in 2013 to US$1.1 billion in 2020, registering a 6.8% CAGR during the forecast period. The gelatin market, on the other hand, was worth US$1.8 billion in 2013 and is estimated to be worth US$3.0 billion by 2020, developing at a 7.5% CAGR from 2014 to 2020.
Browse the full Collagen Peptide and Gelatin Market Report at http://www.transparencymarketresearch.com/collagen-peptide.html
The collagen peptide and gelatin market is segmented on the basis of type of sources, applications, and geography. Geographically, the global collagen peptide and gelatin market is divided into North America, Europe, Asia Pacific, and Rest of the World. Owing to the increased popularity of cosmeceuticals, rise in R&D activities, and growing awareness about nutraceuticals, North America dominated the collagen peptide market in 2013. The gelatin market, however, was led by Europe owing to flourishing pharmaceutical and food and beverages industries and presence of several research organizations in the field of nutritional products. The Asia Pacific market for collagen peptide and gelatin is set to be the most promising regional segment from 2014 to 2020 owing to rising importance of nutrition and personal well-being and steady pace of industrialization.
The key sources of gelatin are chicken, porcine, marine, bovine, and others such as donkey, horse, cat, and dog. The major applications areas of gelatin are pet food, cosmeceuticals, food and beverages, ballistics, bone and joint health, pharmaceuticals, nutraceuticals, photography, and India ink. Porcine gelatin led the global market, with marine gelatin likely to register the highest CAGR over the forecast period. By application, the use of gelatin in the food and beverages segment held the largest share of the market, with bone and health being the fastest growing application segment from 2014 to 2020.Marine collagen peptide was the largest as well as the most rapidly developing segment in 2013 and is estimated to retain its lead during the course of the forecast period. Cosmeceuticals was the dominant segment of the collagen peptide market in terms of application and it held a 20% share in the global market. However, the use of collagen peptide in applications such as wound healing and regenerative medicine will be the fastest growing segment by 2020.
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The collagen peptide and gelatin market is rather consolidated, with a select few players dominating the global market. The major players featured in the collagen peptide and gelatin market report are ChinaTech Peptide Co. Ltd., Nitta Gelatin, Inc., Sterling Gelatin, BioCell Technology LLC, InterHealth Nutraceuticals, Inc., Capsugel Belgium NV, Roxlor LLC, Weishardt International Group, GELITA AG, Norland Products, Inc., Pont Brule (PB) Gelatins GmbH, Amicogen, Inc., Catalent, Inc., and Rousselot International. Among these, GELITA AG dominated by gelatin market in 2013, while Rousselot International led the collagen peptide market the same year.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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