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Collagen Peptides Market by Source, Application & Region - Global Trend & Forecast to 2019

  • February 2015
  • 158 pages
  • MarketsandMarkets
Report ID: 2778803

Summary

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Food & beverage manufacturers have witnessed tremendous growth in the processed and functional food & beverage industry in the last five years. This has substantially affected the collagen peptides industry, wherein an upsurge was recorded in this industry. New technologies have initiated the emergence of innovative ingredients derived from animals. Developing countries present a viable market for manufacturers as these regions are emerging as potential markets with the availability of raw materials. The rise in disposable income of the growing middle-class population in developing countries is also creating demand for a broader range of products.

To maintain a competitive edge in the collagen peptides market, the key players were observed to prefer acquisition and expansion as a strategy to move into new and untapped markets by acquiring local players of the industry and building a new customer base for long-term client relationships. This has not only enabled the key players to expand their geographical reach, but has also reinforced their market position by gaining a larger share in terms of revenues and product portfolios. Small-scale players also adopted this strategy to expand their businesses, globally, by investing in the establishment of manufacturing facilities and technical service centers. This inorganic growth strategy is an important proposition for smaller companies, thereby enabling them to increase their technical expertise through intensive R&D infrastructure offered by major players.

Leading players such as Rousselot (The Netherlands), Cargill, Incorporated (U.S.), Weishardt Group (France), Tessenderlo Group (Belgium), and GELITA AG (Germany) have been profiled in the report. Other prominent companies in the market include Lapi Gelatine (Italy), Gelnex (Brazil), Kewpie Corporation (Japan), ITALGELATINE SpA (Italy), and Danish Crown A/S (Denmark). These key players were also observed to prefer acquisition and expansion to gain a larger share in the market.

The report provides a complete analysis of the key companies and a chronology of developments with respect to new products and their applications. It also analyzes the market dynamics. In addition, the report highlights key market drivers and restraints for the key regions of the world.

North America led the market for collagen peptides in 2013, owing to substantial market growth in the processed and functional food & beverage industry, resulting from increased consumption of beverages and food products containing ingredients derived from animal sources. The Asia-Pacific and RoW regions are estimated to grow at a higher rate as compared to the matured markets of developed economies.

SCOPE OF THE REPORT
This study categorizes the collagen peptides market on the basis of source of ingredients and their end applications. The regional analysis is further extended with projections of the market size of their key contributing countries.

On the basis of key sources, the market was segmented as follows:
- Cattle hide & bone
- Pigskin
- Poultry & fish

On the basis of key applications, the market was segmented as follows:
- Snacks & cereals
- Dairy products
- Beverages
- Meat & poultry products

On the basis of key regions, the market was segmented as follows:
- North America
- Europe
- Asia-Pacific
- RoW

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