November 25, 2020
According to the recent 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, global collagen hydrolysates market is anticipated to register robust growth during 2019-2026.
Increasing intake of protein supplements in Asia-Pacific, surging demand for collagen products in Europe cosmetics sector and rising adoption of hydrolyzed collagen proteins in medical and pharmaceutical applications in North America are primarily driving the growth of global collagen hydrolysates market.
For those uninitiated, collagen is a type of fibrous proteins which are abundantly found in the human body. They are produced by a chemical process involving water, called hydrolysates.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2525389/
Hydrolyzed collagen is easy to use as it completely dissolves in liquids when it comes in contact with water. Moreover, it is used in various physical and medical health applications across the globe, thereby stimulating global collagen hydrolysates industry expansion.
Collagen hydrolysate or hydrolyzed collagen is a scientifically tested nutricosmetic ingredient intended to enhance the health of the skin from inside. It has skin rejuvenation and anti-aging effects, facilitating the development of new fibers of collagen and enhancing the skin's strength, which in turn is facilitating the business scenario. On the downside, lack of proper processing technologies may negatively impacting remuneration scale of global collagen hydrolysates industry in the upcoming years.
Speaking of product type, worldwide collagen hydrolysates industry size from others segment is predicted to record a 7% CAGR through 2026. Increasing collagen extraction activities from chicken and cattle skin for medicinal purposes is fueling the segmental size.
Based on application spectrum, other segment, which consists of cosmetics and nutraceuticals, accounted for 5% share of global collagen hydrolysates market in 2018 and is slated to grow substantially over the analysis period. In fact, the report claims that nutraceuticals segment is set to record 8% CAGR through 2026, primarily driven by high demand for nutricosmetics in Asia.
Elaborating on dosage form, the industry is categorized into liquid, capsules, powder, and others. Estimates cite that the liquid type of collagen hydrolysates is expected to witness high popularity in the subsequent years, primarily due to its widespread adoption to improve skin hydration and elasticity.
From the regional perspective, Latin America held 7% share of worldwide collagen hydrolysates market in the recent past and is likely to experience considerable expansion in the upcoming years. Meanwhile, Middle East & Africa is also slated to emerge as a major revenue generator for the overall market in the forthcoming period, owing to increasing applications of hydrolyzed across the region.
Leading organizations influencing global collagen hydrolysates market dynamics are Perfect Supplements LLC, Connoils LLC, Antler Farms, Weishardt International, BioCell Technology LLC, Amicogen Inc., Codeage, Beijing Semnl Biotechnology Co. Ltd., PB Gelatins GmbH, Giant Sports International Inc., NeoCell Corporation, Nippi Collagen, Hainan Huayan Collagen Biotech Co. Ltd., Nitta Gelatin Inc., Gelita AG, and Rousselot Inc. among others