(Food-Beverage-News.Com, October 24, 2017 ) Market Data Forecast | Recent Published Study | Collagen Peptides Market by Source (Pigskin, Poultry, Fish, Cattle Hide & Bone), Application (Snacks & Cereals, Beverages, Meat & Poultry Products, Dairy Products), and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (20162021)
Key Findings of the study: The Global Collagen Peptides Market was worth USD 655 million in 2016 and estimated to be growing at a CAGR of 7.05%, to reach USD 920 million by 2021. There are various factors which have been impacting the market growth over recent years. The factors having a positive impact are consumers preference towards healthy lifestyle, wide range of applications of collagen peptide as an ingredient in food industry. Besides, there are some factors which hinder the market growth as well, which include stringent government laws for animal origin additives, concerns regarding the depleting animal sources. These factors are responsible for holding the market down from its full potential. The Collagen Peptides market is showing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rising potential in the emerging economies in various regions across the globe. The Collagen Peptides market was dominated by North America, with the overall market share of over 34% globally. North America was followed by Europe and Asia-Pacific. Asia Pacific is predicted to grow at a rapid pace in the coming few years. Some of the major companies dominating the market, by their products and services include Darling Ingredients Inc., Weishardt Group, Tessenderlo Group, Cargill, Incorporated, Kewpie Corporation, Gelnex, Danish Crown A/S, Gelita AG, Italgelatine S.P.A., Lapi Gelatine.
About MarketDataForecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Media Contact: Abhishek Shukla International Business Development Manager Market Data Forecast Direct Line: +1-888-702-9626; Mobile: +91 998 555 0206 Mail: abhishek@marketdataforecast.com Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
