Collagen Peptides Market, June 2021 Report On Report 2021: Technology, Application, Types, End-User, Geography, Competitive Analysis and the Impact of Covid-19 with Analysis 2021-2030

In a recently published report, Collagen Peptides Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Collagen Peptides Market products.

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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.

Global Collagen Peptides Market is valued approximately USD 528.4 million in 2019 and is anticipated to grow with a healthy growth rate of more than 5.8 % over the forecast period 2020-2027. Collagen peptide is a normal protein produced in the body to avoid dermal layers of the skin from developing skin folds. Collagen peptide has rich source of protein and healthy nutrition to recover the health of bones. It is also used as cosmetic or medical collagen in diverse skin creams and treatments to reduce wrinkles and moisturize skin. The global Collagen Peptides market is facing challenges due to the coronavirus pandemic as temporary lockdown in various countries along with manufacturing as well as supply chain is at halt. However rising demand for collagen peptides for medical applications, increasing use of collagen peptides in the food & beverage industry as well as cosmetic and personal care products using collagen peptides are the few factors responsible for growth of the market over the forecast period. Moreover, the introduction of new products with Collagen Peptides and other strategic alliance by market key players will create a lucrative demand for this market. For instance: in October 2019, German based Gelita AG signed an agreement with US-based bio design company, Geltor for the development of first ingestible animal-free collagen proteins that will be launched in late 2020. In these agreement Geltor will design and produce the premium biodesinged collagen, while Gelita will conduct clinical research and commercialize the product. Whereas, consumer shift toward vegan diets is the major factor restraining the growth of global Collagen Peptides market during the forecast period.

The regional analysis of global Collagen Peptides market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world owing to the technological advancements in this region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
Tessenderlo Group
Gelita AG
Holista CollTech Ltd.
Darling Ingredients
Nitta Gelatin India Ltd
Gelnex
Lapi Gelatine Spa
Weishardt
Ewald-Gelatine GmbH
Collagen Solutions

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

by Application:
Food & Beverages
Nutritional Products
Cosmetics & Personal Care Products
Pharmaceuticals

by Source:
Bovine
Porcine
Marine & Poultry

By Form:
Dry
Liquid

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Collagen Peptides Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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