DUBLIN, December 8, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/sgjnzs/collagen_peptide) has announced the addition of the "Collagen Peptide and Gelatin Market - Global Industry Analysis, Size, Share, Growth, Trends & Forecast, 2014 - 2020" report to their offering.
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Collagen peptide and gelatin are acid or base hydrolyzed products, derived from various animal waste materials (bones, skin, feathers, muscles, fats and intestine) and are used to cater to the growing demands of various industries. Collagen peptide and gelatin are used in different verticals such as food and beverages, pharmaceuticals, cosmeceuticals, nutraceuticals, bone and joint health products, pet food industry among others. Increasing social awareness about personal health, rising R&D activities for the development of novel drug delivery systems and growing wound healing and regenerative medicines industry are identified as the major drivers of this market.
According to the European Nutraceutical Association (ENA), lack of nutrition accounted for 38.6% of the total deaths in developing nations such as China, India and Brazil. Thus, this nutrition deficiency in major developing countries of the world accentuates the demand for collagen peptide and gelatin products. On the other hand, threats of disease transfer and cultural and social discrepancies to consume gelatin and collagen peptide products derived from various sources are considered as the key restraints of the market.
In collagen peptide market, by sources, marine gelatin segment was identified as the largest source of collagen peptide, with the total value of more than USD 200 million in 2013. Less threat of disease transmission and no regional and social restrictions are the prominent factors that contributed in the dominance of this market. Moreover, marine collagen peptide is identified as the fastest growing segment, growing at a CAGR of over 7% during the study period from 2014 to 2020.
Cosmeceuticals segment was identified as the largest application of global collagen peptide market, with total volume of over 4,000 tons, in 2013. Anti-aging properties of collagen peptide products accentuated its use in cosmeceuticals application and hence boosts its market share. Whereas, others (wound healing, regenerative medicines, etc.) application segment is expected to show maximum CAGR of more than 9% during the forecast period. Extensive R&D to develop novel drugs and wound healing products are likely to support its high growth rate.
In gelatin market, by sources, porcine gelatin segment was recognized as the largest source of gelatin in 2013. The dominance of this market segment was majorly due to minimal threat of disease transmission and ease-of-production. On the other hand, marine gelatin segment is expected to grow at a highest CAGR during the forecast period from 2014 to 2020. Abundant availability of raw materials, no social and regional restrictions and high bioavailability are the major growth propelling factors that are likely to accentuate its market growth.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Collagen Peptide Market
Chapter 5 Global Gelatin Market
Chapter 6 Global Collagen Peptide and Gelatin Market, by Geography
Chapter 7 Recommendations
Chapter 8 Company Profiles
Companies Mentioned:
For more information visit http://www.researchandmarkets.com/research/sgjnzs/collagen_peptide
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
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