North America Collagen Peptides Market By Source (Pigskin, Poultry, Fish, Cattle Hide & Bone), Application (Snacks & Cereals, Beverages, Meat & Poultry Products, Dairy Products), And By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2022 to 2027)
North America Collagen Peptides Market Growth and Forecast (2022 - 2027):
North America Collagen Peptides Market is expected to reach USD 332.95 million by 2026 from USD 239.51 million in 2021, growing at a CAGR of 6.81%. The Collagen Peptides market is forecasted to show great potential over the mentioned period. The market has continued to gain momentum with the rising economies showing high potential in various regions across the globe.
Market Overview:
Collagen Peptide can be described as the chemical compounds, which are rich in protein and are an important part of the healthy nutrition. They are responsible for promoting the health of bones as well as joints and also, for making the skin beautiful.
Drivers and Restraints:
There are various factors which are responsible for impacting the growth of the market over recent years. The factors which drive the growth are, wide range of collagen peptide’ applications as an ingredient in food industry, consumers’ preference towards healthy lifestyle. 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.
North America Collagen Peptides Market Segmentation Analysis:
The North America Collagen Peptides market is segmented by source as well as application. The market segmentation based on source is done into pigskin, cattle hide & bone, poultry, fish. Based on segmentation by application the market is categorized into beverages, meat & poultry products, snacks & cereals, dairy products.
Region Analysis:
Geographically the North America Collagen Peptides Market is segmented into US, Canada and Rest of North America. North America dominates the market share in the Collagen Peptide market, with a share of almost one third of the total.
Key Players in the Market:
Major Key Players in the North America Collagen Peptides Market are
- Weishardt Group
- Darling Ingredients Inc
- Cargill, Incorporated
- Tessenderlo Group
- Gelnex
- Kewpie Corporation
- Gelita AG
- Danish Crown A/S
- Lapi Gelatine
- Italgelatine S.P.A
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