New York, NY -- (SBWIRE) -- 08/05/2019 -- It evaluates the data gathered to give an extensive view of the trends of the industry and predicts the possible developments in the forecasted duration. For this study, the historical data has been collected from the years 2016 and 2017 while taking 2018 as the base year to estimate the rise of the industry in the years 2019 to 2026.
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The global Collagen Powder market was estimated to account for more than USD 4 billion in 2018 and is expected to cross USD 6 billion by 2026. Collagen is the insoluble protein present in the extracellular space (the space outside the plasma membrane) in the connective tissues of all animal lifeforms, including humans. 1/3 of the protein in our bodies, 70% of the protein in our skin, is comprised of collagen. Collagen powder is manmade supplement produced from animal bones, connective tissues and other by-products of the meat industry. The high levels of amino acid in Collagen powder helps in nourishing the skin and supporting the connective tissues of the body.
Collagen powder is of two types that are differentiated from each other based on the amount of time they take to digest. The two types are Collagen Protein and Collagen Peptides. Collagen protein is basically gelatin created by cooking, drying, and then processing it into powder. Collagen protein is to be mixed with cold liquids. It is used as a thickening agent in soups, broths, yogurt and such. It takes longer for digestion as compared to collagen peptide as the amino acids in collagen peptide are already broken down during processing, so will not get when mixed with liquid and digest easily.
The four main sources required for manufacturing collagen are bovine, porcine, poultry, and marine. Collagen derived from bovine source accounted for more than 35% of the share in 2018 due the abundant bovine sources and lower price as compared to other sources. Marine based sources are expected to rise the highest during the forecast period due to its superiority over different sources and their availability. The increasing demand for dietary supplements in the food and beverage segment is likely to push the collagen market forward. This is due to the demand for gelatin and hydrolyzed collagen, which have multiple nutritional, health, and skin benefits. Gelatin is used to improve stability, consistency, and elasticity in food products. It also helps in normalizing the gut hormones in obese people. Health awareness factors have led to food manufacturers actively using gelatin in their manufacturing to deliver nutritious food. Due to collagen powder's growing use in the production of jellies, desserts, chewing gums, and others, the market will rise at a steady pace.
The restrictions on the usage of animal-based raw materials and the diseases transferred from raw materials are the restraints on the market. The key players in the market operate through a limited number of production capacity, with manufacturing plants close to the raw material source, which leads to low procurement costs. Europe has had the highest market share in 2018 and will continue the same during the coming years. Emerging economies in the Asia Pacific will provide new opportunities for market expansion.
Some of the key findings from our Collagen Powder market forecast report
The report provides an analysis of the collagen powder industry to predict its prospects. The past data is considered from the years 2016 and 2017 while taking 2018 as the base year to estimate the trends in the years 2019 to 2026. The industry has been categorized into different segments based on the type as Collagen Protein & Collagen Peptide, based on the source as Bovine, Porcine, Poultry, Marine, and others to assess their size, share, demand, trends, gross profit, total earnings, revenue and speculate their further aspects. This study also evaluates the competition in the business to derive the individual placements of the key players in the global sector. The data outlines those sectors of the industry that are expected to undergo substantial developments in the predicted years to aid the readers in deciphering the most profitable ones for their business. By doing so, it also highlights the future areas of the industry that exhibit significant potential for investment.
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Global Collagen Powder market overview
The global collagen powder market is expected to grow steadily in the forecasted years. The geographical regions covered in this study are Asia-Pacific Europe, North America, Latin America, and the Middle East and Africa. The global key players are actively investing in the R&D of advanced products. These players operate in multiple locations close to the abundant sources of the raw materials required and carry out sales through several locations and even utilize third-party distribution channels. The key players covered here are Nitta-Gelatin, CONNOILS, Titan Biotech Ltd., Fancl, By-health, GNC, Baful and Meiaojian. The data here offers an all-encompassing outlook of the global landscape of collagen powder marketplace to guide the investors in making well-informed executive decisions.
Key players in the global Collagen powder market:
- Nitta-Gelatin
- CONNOILS
- Titan Biotech Ltd.
- Fancl
- By-health
- GNC
- Baful
- Meiaojian
Market segment based on Type:
- Collagen Protein
- Collagen Peptide
Market segment based on Source:
- Bovine
- Porcine
- Poultry
- Marine
- Others
Market segment based on the Country/Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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