Published on : Aug 17, 2016
The rapid rise in the pharmaceutical and nutraceutical industries has augmented the application for collagen peptides and gelatin significantly across the world. The increasing awareness regarding personal healthcare and the growing demand for collagen peptides in wound healing and regenerative medications are also adding considerably to their mounting demand, globally.
North America Leads demand for Collagen Peptides, Europe Emerges as Dominant Gelatin Market
On the basis of geography, the worldwide market for collagen peptide and gelatin is classified into North America, Asia Pacific, Europe, and the Rest of the World. Over the years, North America has been dominating the global market for collagen peptides, whereas, the worldwide gelatin market has been led by Europe.
The increasing research activities for the development of novel drugs, the heightened consumption of cosmetic products, and the infrastructural advancement in industries in North America has led to the soaring demand for collagen peptides in this region. Likewise, the remarkable surge in the demand for gelatin in the pharmaceutical and the food and beverage industries in Europe has propelled the Europe market for gelatins in the recent past.
Asia Pacific, on the flip side, is projected to present the most attractive growth opportunities to collagen peptide as well as gelatin producers in the coming years. The increasing awareness among individuals pertaining to fitness, healthcare, nutrition, and aesthetics is anticipated to boost the demand for collagen peptides and gelatin in this region over the next few years. Apart from this, the steady rise of the industrial sector in Asia Pacific is also expected to drive the growth of the Asia Pacific collagen peptide and gelatin market in the near future.
Global Collagen Peptide and Gelatin Market – Competitive Landscape
The global market for collagen peptide and gelatin demonstrate a highly fragmented landscape. PB Gelatin, Rousselot International, GELITA AG, and Nitta Gelatin are the leading producers of collagen peptide and gelatin across the world. Together, they held a share of over 60% in the overall market in 2013.
Amicogen Inc., Weishardt International Group, Norland Products Inc., Roxlor LLC, InterHealth Nutraceuticals Inc., Catalent Inc., ChinaTech Peptide Co. Ltd., BioCell Technology LLC, Capsugel Belgium NV, and Sterling Gelatin are some of the other important collagen peptide and gelatin producers in the global arena.