Scienza e Tecnologia
Global Collagen Peptides Market Projected to Exhibit a CAGR of 8.1% and Surpass $1,169.5 Million by 2027 - Exclusive Report [196 pages] by Research Dive
The increasing demand for collagen peptides from the food & beverage industry and the growing awareness levels of people about health consciousness coupled with increasing consumption of nutritional products are the significant factors expected to upsurge the growth of the overall collagen peptides market during the forecast period. Moreover, the growing R&D activities for the development of novel products and the initiatives taken by several governments to promote healthy diets are likely to create massive growth opportunities in the global market by 2027. However, the availability of alternative products and the stringent regulations for approval of food with animal origin is expected to restrict the market growth in the coming years.
The COVID-19 pandemic has adversely impacted the global collagen peptides industry mainly due to decrease in consumption of meat such as bovine and marine products all over the world. This is directly affecting the collagen peptides production because beef & food waste are vital raw materials for collagen peptide products. However, the prominent market players are implementing numerous strategies to sustain in the pandemic. For instance, in April 2020 , GELITA AG announced the launch of new bioactive collagen peptide namely, "VERISOL" for hair growth improvement.
The report segments the global collagen peptides market by Application, Source, and Region.
The major players operating in the global collagen peptides market are
Furthermore, the report outlines various aspects of all these industry players such as product portfolio, SWOT analysis, financial performance, and recent strategic moves & developments. -
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