Rising Demand for Collagen Peptides for Medical Applications Drives the Market
by Mit K. SEOAccording to
MarketsandMarkets, the global collagen
peptides market size is estimated to be valued at USD 599million in
2020 and projected to reach USD 795million by 2025, recording a CAGR of 5.8% in
terms of value. Due to the growing concerns about health and wellness and the advancement
of biotechnology identifying new application areas for collagen peptides, the
collagen peptides industry is witnessing growth.
Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=248590980
Collagen is the
principle and most abundant protein found in the body. It is responsible for
the cohesion, elasticity, and regeneration of connective tissues in the body,
including ligaments, tendons, cartilages, and bones. Collagen peptides are
derived from collagen hydrolysis of gelatin. They are small bioactive peptides
that have high solubility in water at ambient temperatures.The various sources
from where collagen peptides are extracted are bovine, porcine, marine, and
poultry. The primary source of collagen peptides is bovine. The advancement in
biotechnology has opened many areas where collagen peptides can be useful. It
is being used in pharmaceutical and biomedical applications. Also, owing to its
versatile nature and functional properties, collagen peptide is being used in a
wide range of products across multiple industries. Various application areas
include dietary supplements, nutritional food products, sports nutrition,
cosmetics & personal care products, and medical applications.
In terms of form,
the dry form of collagen peptides is used majorly in various industries. The
dry form of collagen peptide is available as agglomerated or fine powder. Owing
to its quick solubility behavior, it is used across various products. Powdered
collagen peptides showcase excellent blending properties, which is why it is
increasingly being used in various food applications. These are added to most
of the food applications, including coffee, smoothies, dairy products, snacks
and confectionery products, among others. The powder form of collagen peptides
offers advantages such as no lump formation, dust-free handling, smooth
flowability, consistency, no clogging, and excellent storage ability. Owing to
these advantages and their properties, these can beused for various
applications other than food.
Asia Pacific is
projected to witness the fastest growth in the collagen peptides market during
the forecast period due to the growing economy, increasing living standards of
people, and also technological advancements. The Rest of the World (RoW) collagen
peptides market has been growing due to the wide range of applications of
collagen peptides as an ingredient in the food & beverage industry.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=248590980
PBLeiner, a
business segment of Tessenderlo Group (Belgium), expanded its operations by
opening a new production facility in Argentina. The new facility will be
producing collagen peptides line of products. Also, with the advancement in biotechnology,
the companies have identified a new wide range of application areas. One of the
major factors contributing to the growth of the collagen peptides market in
Asia Pacific is the increasing awareness among consumers regarding health &
wellness, a wide range of applications, and a growing economy.
Sponsor Ads
Created on Jun 23rd 2020 08:00. Viewed 270 times.