Collagen
peptide is a natural body protein, which is produced inside the body
and is a primary constituent of the fibrous connective tissue found
in skin, bones, and cartilage. Initially collagen and elastin are
produced in the body to prevent dermal layers of skin from developing
skin folds. These substances create collagen peptide bundles that
results in firm skin of the body. Additionally, these proteins play
an important role in keeping the dermal layers of skin healthy. When
these collagen peptide bundles decrease, the appearance of skin
wrinkles turns out to be more evident. To address these challenges,
most of the pharmaceutical and skin care companies started
manufacturing collagen creams, injections and capsules with an
intention to produce smoother and healthier skins of all ages.
Collagen peptide is used in pharmaceutical, food, dietary
supplements, and cosmetic industries. They have various application
segments such as in sports performance, weight management, skin
health, and joint and bone health. These products typically
manufactured as fragrance-free and hypo-allergic skin care products.
Collagen
peptide has a huge growth potential based on its applications in
cosmetics, and bone and joint health. Increase in the numbers of
aging population around the world as well as the increasing incidence
of bone and joint ailments is fueling the demand for collagen
peptide. Current major trend of younger looking skin and the increase
in consumer awareness about the benefits of collagen peptide are
expected to increase the consumption of the collagen peptide enriched
foodstuffs and dietary supplements.
According
to the American Academy of Orthopedic Association (AAOS), almost 80%
of the world’s hip fractures are attributed to osteoporosis and
this percentage is expected to increase in coming years. Currently,
over 27% of world’s population is being affected with osteoporosis,
especially in females in the post-menopausal stage. These
contributing factors are likely to increase the market for collagen
peptide as a savior in making those joints stronger. However, at
present, there is a lack of awareness in the end user market
regarding the use of collagen peptide in terms of skin and bone
ailments. In the light of this problem manufacturers are expected to
prove the efficacy of collagen peptide by showing the results of
human clinical studies. Bovine is the major source of raw material
used for the collagen peptide production followed by fish and pork.
The
market for collagen peptide can be segmented based on type of sources
and by application. Based on type of sources, the market is
classified into bovine, porcine, chicken, marine and others, whereas,
the based on type of application, the market can be segmented into
bone and joint health, nutraceuticals, cosmeceuticals, pet food,
pharmaceuticals and others.
Bone
and joint health application segment of collagen peptide is facing a
competition from the existing well-known ingredients such as
glucosamine and chondroitin sulfate which has proven results in
osteoporosis treatment. Bone and joint health (Osteoporosis) is the
major application segment followed by cosmeceuticals, dietary
supplements and pet food. The collagen peptide market is
geographically segmented into Asia-Pacific, Japan, North America and
South America and Europe. China and Japan are the most popular areas
and increasing in awareness of the benefits of collagen peptide in
cosmetics, where as in Europe bone health is the most popular
application of collagen peptide.
Geographically,
North America accounts for the largest share of the collagen peptide
market followed by the European region. The dominance of North
America in this market is seen due to rapidly aging population who
can afford high cost of treatment and presence of various market
leaders, which allows easy penetration in the North America region.
Additionally, growing healthcare awareness among the population and
rising number of osteoporosis patients further driving the growth of
this market. However, Asia-Pacific region is expected to witness
fastest growth rate in the near future due to improving purchasing
power and the westernization of diets, increase in people’s
standards of living in the emerging economies like India and china
are expected to create more demand for collagen peptide market.
Innovation in the collagen peptide application in pet food will
create more opportunities in future
Some
of the key participants in the market are Amicogen, Inc., Rousselot
International, Nitta Gelatin, Reinert Gruppe Ingredients, Ewald
Gelatine, Trobas Gelatine, Gelatines Weishardt, PB Gelatins, Gelita,
BioCell Technology and others.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
More Reports on
Pharmaceutical Market:
http://www.transparencymarketresearch.com/pharmaceutical-market-reports-1.html
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