What is Collagen Hydrolysate Market?
Collagen Hydrolysate, also called as collagen peptide or hydrolysed collagen, is a substance with low molecular weight from enzymatic hydrolysis of collagen. It is a white odorless powder, neutral in taste & easily soluble in cold liquids, and is the fragment of proteins. They comprise the same amino acid profile that found in Collagen Protein. Owing to their light molecular weight, they are soluble in cold liquids as well as easily digestible. Unflavored & 100% pure, they are easily mixed into fresh fruit juice, smoothies, or even water. The important properties of Collagen Hydrolysate are its unparalleled health & beauty aspects. It has become a key ingredient for the nutraceutical (beverages, functional foods, dietary supplements) as well as cosmetic industries, among others. The growing use in various end use industries is likely to impel the global Collagen Hydrolysate market growth over the near future.
The market study is being classified, by Application (Food & Beverages, Health Care Products, Cosmetics, Pharmaceutical and Others) and major geographies with country level break-up.
Darling Ingredients Inc. (United States), Tessenderlo Group (Belgium), Collagen Solutions Plc (United Kingdom), Danish Crown AmbA (Denmark), GELNEX (Brazil), GELITA AG (Germany), ITAGELATINE S.p.A (Italy), Lapi Gelatine (Italy), Nitta Gelatin (Japan) and Weishardt Group (France) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Junca Gelatines (Spain), Holista Colltech Limited. (Australia) and Beijing SEMNL Biotechnology Co. ltd (China).
Many key players such as Darling Ingredients Inc. (United States), Tessenderlo Group (Belgium), Collagen Solutions Plc (United Kingdom), and Danish Crown AmbA (Denmark) are focusing on key market strategies, like mergers, collaborations, acquisitions, and partnerships to remain competitive in the market over the near future. Research Analyst at AMA predicts that Italian, Japanese, and United States Vendors will contribute to the maximum growth of Global Collagen Hydrolysate market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Collagen Hydrolysate market by Type, Application and Region.
On the basis of geography, the market of Collagen Hydrolysate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Consumers Inclination toward Healthy Lifestyles & Protein Consumption
- Growing Use of Collagen Hydrolysate as a Functional Ingredient in Food Processing
- Increasing Applications of Collagen Hydrolysate
Restraints
- Strict Food Laws for Animal-Sourced Additives
Opportunities
- Growth Opportunities in Emerging Economies
Challenges
- Inadequate Processing Technologies
Market Leaders and some development strategies
In October 2018, Darling Ingredients Inc. has announced the acquisition of Arkansas based Triple – T Foods, a wet pet food ingredients manufacturer. The acquisition includes both cold storage as well as a wet pet food operation, and expands their premium protein business in the growing specialty pet food industry. This acquisition is likely to help the company to remain competitive in the global collagen hydrolysate market over near future.
Key Target Audience
Collagen Hydrolysate manufacturers, Collagen Hydrolysate traders, distributors, and suppliers, Food product manufacturers, processors, and traders, Food ingredient manufacturers, processors, and traders, Government and research organizations, Pharmaceutical Industry and Others
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