Growing awareness in the cosmetic, personal care, and healthcare sectors to boost the demand for collagenPublished On: November 18, 2015
Collagen is the connective tissue protein obtained through the animal products such as bones, hives, and skin. Gelatin is a significantly pure protein obtained through partial hydrolysis of collagen and used as a gelling agent in food, pharmaceutical, and cosmetic manufacturing. Collagen peptides are pure and easily digestible protein source, used widely in cosmetics, weight management and skin health.
The global collagen market was valued $2925.2 million in 2015. In which, gelatine marked the value of $2065.2 million in 2015 at an estimated CAGR of 6.7%, while collagen peptide heaved market value of $860 million during same period.
In 2013, the worldwide demand for gelatine was around 3.75 Kilo tons and had its major application in food industry. Gelatine is widely used in confectionery due to its thermal reversible properties and hence called an irreplaceable component of the confectionery industry. Europe is the largest collagen producing market and contributes around 35% share of the total market, whereas China has been the major consuming market across the world and is showing double-digit growth during the review period from 2015 to 2020. Asia-Pacific is expected to grow at the faster pace than the other regions in the coming five years. The prime reasons for the growth is associated with the high growth in meat & confectionery industry & growing awareness in the cosmetic, personal care and healthcare sectors. Collagen being a chief structural protein has several medical and bio-engineering uses including wound dressings and as matrices for tissue growth.
Some consumers’ constraint the consumption of products derived from pig and bovine, which stands as the major hurdle in the growth of the collagen market. However, owing to this challenge companies are approaching and implementing newer options for the extraction of collagen and collagen derived products.
Rousselot Inc. and Gelita USA are the major manufacturers of collagen across the globe. In Asia-Pacific, Sterling holds a substantial position, with its major sales coming from pharmaceutical sector.
The key participants in the market are Rousselot B.V. (The Netherlands), Nitta Gelatin Inc. (Japan), REINERT GRUPPE Ingredients (Germany), Ewald-Gelatine GmbH (Germany), Holista Colltech Limited (Australia), Trobas Gelatine B.V. (The Netherlands), Weishardt Gélatines (France), Italgelatine (Italy), Junca Gelatines S.L. (Spain), Lapi Gelatine (Italy), PB Gelatins GmbH (Germany), and Gelita AG (Germany)., and others.
About Meticulous Research™
Meticulous Research™ is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Meticulous Research™ produces global reports and custom studies for North America, Europe, Latin America, Asia¬-Pacific, and Middle East and Africa regions. These reports are used by our clients for marketing and strategic planning in various sectors.
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Connect with us on Twitter- https://twitter.com/MeticulousR123