May 28, 2020
According to the research report titled ‘Collagen Hydrolysates Market Size By Product, By Dosage Form, By Application, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026’, available with Market Study Report LLC, global collagen hydrolysates market is expected to grow substantially by the year 2026.
For the record, collagen is fibrous protein which when hydrolyzed, can be easily dissolved in water and other liquids. Rising adoption of collagen hydrolysates in various dietary and medical products owing to their health benefits is a major factor driving the market growth.
As per the product type, others segment including collagen extracted from chicken, cattle skin and eggs, is poised to expand with a CAGR of 7% through 2026. Chicken collagen is usually obtained from breast cartilage of a chicken. It is classified as a Type II collage and is widely adopted in medicinal practices, particularly for cartilage, joints and bone treatments. Moreover, the report states that collagen can also be extracted from poultry eggs, which are rich source of Type I and Type V collagen.
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Global collagen hydrolysates market share from nutricosmetic application segment is expected to register a y-o-y growth rate of 8% during 2019-2026. Collagen hydrolysate comprises of anti-ageing properties and helps in improving the health as well as mechanical strength of the skin. Growing demand for nutricosmetic products in Asia is favoring the market outlook. On the other hand, the others segment held 5% market share in 2018 and is predicted to record continuous growth in the subsequent years.
By form, liquid collagen hydrolysates segment is slated to amass modest returns in the forthcoming years. It is reported that adequate consumption of the product helps in increasing elasticity and hydration of the skin. However, collagen peptides extracted from animal bones may be harmful for humans if not treated properly, which in turn could hinder the product demand.
Alternatively, others segment, which comprises of solutions and tablets, held 11% market share in 2018 and is poised to accumulate significant returns during the study period. Collagen hydrolysates, when consumed orally, help in reconstructing cell structures internally, which further aids not only in lessening wrinkles but also in restoring the base of the skin.
Citing the regional landscape, Latin America held 7% share in global collagen hydrolysates industry in the recent past. Parallelly, Middle East & Africa market is predicted to record momentous growth during the analysis timeframe, primarily due to increasing cognizance regarding benefits and applications of the product.
Major companies operating in global collagen hydrolysates market are Perfect Supplements, Connoils LLC, Antler Farms, Weishardt, BioCell Technology LLC, Amicogen Inc., Codeage, Beijing SEMNL Biotechnology Co. Ltd., PB Gelatins GmbH, Giant Sports International Inc., NeoCell Corp., Nippi Collagen, Hainan Huayan Collagen Biotech Co. Ltd., Nitta Gelatin Inc., Gelita AG and Rousselot.