Increasing health concerns amongst the consumers and their inclination towards personal care and led to a rise in the consumption of nutraceuticals and cosmecueticals.
Albany, NY -- (SBWIRE) -- 04/26/2018 -- The global collagen peptide and gelatin market is likely to grow at a CAGR of nearly 9.4% CAGR during the assessment period 2017-2025, and reach a valuation of over US$ 11 Bn by 2025. According to the report, the global collagen and peptide market is likely to witness steady growth on account of growing awareness among general population about their advantages. These insights are according to a new research study titled "Collagen Peptide and Gelatin Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025" that has been added to the comprehensive repository of Market Research Hub (MRH).
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The pervasive health and wellness trend is likely to rub off on the demand for collagen peptide and gelatin market during the assessment period. According to the study, over the years, there has been an increase in the launch of dietary supplements and beverage products that are high in collagen peptides and gelatin. These products are witnessing an uptake in the market on account of growing awareness and positive perception. The report opines that demand for these products is likely to witness a steady growth during the assessment period, which in turn will augur well for the prospects of the collagen peptides and gelatin market.
The research study studies the prevailing competitive landscape in the market in detail, and offers comprehensive assessment on the product and business strategies. According to the research study, the global collagen peptide and gelatin market continues to be highly fragmented. Roxlor LLC, GELITA AG, and Rousselot International are among some of the most prominent names in the collagen peptide and gelatin market. These three companies account for a sizeable revenue share of the total market; however, in addition to these, the market continues to be highly fragmented.
In a bid to give readers detailed insights and analysis, the research study has segmented the market on the basis of various parameters. The segmentation gives readers in-depth analysis and insights on the collagen peptides and gelatin market. The market has been analyzed on the basis of type and region. On the basis of type, the key market segments include type I and type II. Fish collagen peptides and gelatin is analyzed in type I, whereas hydrolyzed and undenatured collagen and peptide type is analyzed in type II.
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On the basis of region, the report offers holistic analysis and insights on North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. According to the research study, the global collagen peptides and gelatin market is witnessing steady growth in Asia Pacific, owing to growing demand from middle class population in these countries. In addition to Asia Pacific, North America and Europe are the other markets for collagen peptides and gelatin globally.
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