Publication Month: Mar 2021 | Report Code: TIPRE00018698 | No. of Pages: 143 | Category: Food and Beverages | Status: Published
Hydrolyzed collagen, also known as collagen hydrolysate, is made of short chains of amino acids derived from collagen. It is more bioavailable and is better absorbed into the bloodstream due to shorter chains of amino acids as compared to collagen and gelatin. Hydrolyzed collagen is readily broken down into a form that can enter the bloodstream after digestion. After consumption and absorption, hydrolyzed collagen travels throughout the body, rebuilding, repairing, and providing energy. It is carried to different tissues of the body where cells build the peptides into full-length collagen helices to repair the skin, bones, and joints. Hydrolyzed collagen is a versatile source of protein and an important element of healthy nutrition. Its nutritional and physiological properties promote the bones, joints, and skin health.
In 2019, Europe was the largest market for hydrolyzed collagen. The largest market share of the region is primarily attributed to the presence of well-established players such as Gelita AG, Protein S.A., and Ewald-Gelatin GmbH. With rise in health awareness among consumers, the demand for hydrolyzed collagen products is expected to continue to grow during the forecast period. The popularity of hydrolyzed collagen has increased within the region, particularly in Germany, France, and the UK. Transforming lifestyle trends with regard to food supplements and beverages have had a noteworthy influence on the hydrolyzed collagen market in Europe.
The COVID-19 outbreak first began in Wuhan (China) during December 2019, and since then, it has spread across the globe. As of February 2021, the US, India, Brazil, Russia, the UK, France, Spain, Italy, Turkey, Germany, Colombia, and Argentina, are some of the worst affected countries in terms of confirmed cases and reported deaths. According to the latest World Health Organization figures, there are ~110,974,862 confirmed cases and ~2,460,792 total deaths globally. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global food & beverages industry is one of the major industries that are suffering serious disruptions such as supply chain breaks, technology event cancellations, production facility shutdowns, etc. resulting from this outbreak. Food & beverages is one of the major application industries of hydrolyzed collagen and the negative effects of COVID-19 has adversely affected the hydrolyzed collagen market. Moreover, the lockdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa affects the global supply chains and negatively impacts the manufacturing, delivery schedules, and sales of various goods. Transportation is also a major concern as many borders are closed due to the global travel bans imposed by countries in Europe, Asia, and North America. This also affected business collaborations and partnership opportunities. All these factors have severely negatively affected the hydrolyzed collagen market.
The interest in innovative food & beverage products is escalating across the globe. Fully hydrolyzed collagen is soluble in both cold and hot water. It is easy to mix hydrolyzed collagen with food & beverage products. Hydrolyzed collagen offers natural protein for food & beverage products. Nowadays, food & beverage manufacturers are highly incorporating nutritious and healthy ingredients in their products to satisfy consumer's nutritional demand, thereby gaining consumer attraction. Consumers are continually expressing health-related concerns and are reducing the consumption of products that are considered to have high levels of calories, fat, and sodium. Hydrolyzed collagen offers an ample amount of proteins and helps prevent multiple disorders, owing to which the demand for hydrolyzed collagen is increasing tremendously.
Moreover, rise in global population, climatic changes, and changes in food habits are severely affecting human and animal health. These factors are forcing consumers to stay fit and healthy by consuming healthy food products. Consumers prefer healthy, nutritious, sugar-free, and fat-free food products for daily consumption that help improve bones and muscle strength. As the pure hydrolyzed collagen is odorless and flavorless, market players can enhance their portfolio's exclusiveness by introducing new flavors. Also, increasing disposable income of the consumers in emerging economies of Asia Pacific, the Middle East, Africa, and South America contributes to the market growth. Consumers in these regions are increasingly spending on healthy foods due to rising disposable incomes and improving lifestyles. Thus, the increasing demand for food & beverages with high nutritional content is contributing significantly to the growth of the global hydrolyzed collagen market.
Based on source, the hydrolyzed collagen market is segmented into bovine, porcine, poultry, marine, and others. The bovine segment led the hydrolyzed collagen market with the highest market share in 2019. Bovine hydrolyzed collagen is a common food additive and supplement. It is associated with many health benefits, such as improved skin health & bone loss prevention. Bovine collagen is safe & easy to add to the daily diet. To prepare this type of collagen, cow bones or other cattle byproducts are mainly boiled in water. After the collagen is extracted, it is dried and then powdered to form a supplement. Bovine collagen has been found to improve types I and III collagen in human body. The collagen in the skin is primarily built up of types I and III collagen, meaning that bovine collagen may be especially beneficial for reducing wrinkles, promoting elasticity, and increasing skin moisture.
Based on application, the hydrolyzed collagen market is segmented into food & beverages, pharmaceutical & nutraceuticals, personal care, and others. The pharmaceutical & nutraceuticals segment led the hydrolyzed collagen market with the highest market share in 2019. Collagen is known as the major structural protein found in the skin, tendon, and bone of the vertebrate body. Ten different vertebrate collagens have been recognized, of which the dominant collagen is the type I. Interest in collagen as pharmaceutical as well as nutraceutical is due to its low immunogenicity and high biocompatibility. Hydrolyzed collagen primarily comes in a powder form. It has higher bioavailability as compared to gelatin (90% absorption vs 85.97%). It can be added to hot, warm, or cold water as needed. It improves hair & nail growth, reduces joint pain, and boosts metabolism. Rising consumption of dietary supplements is boosting the demand for hydrolyzed collagen in the nutraceuticals industry. These factors have led to increased sales of hydrolyzed collagen through application.
|Market Size Value in||US$ 810.59 Million in 2019|
|Market Size Value by||US$ 1,247.53 Million by 2027|
|Growth rate||CAGR of 5.6% from 2020-2027|
|No. of Pages||143|
|No. of Tables||56|
|No. of Charts & Figures||74|
|Historical data available||Yes|
|Segments covered||Source and Application|
|Regional scope||North America, Europe, Asia Pacific, Middle East & Africa, South & Central America|
|Country scope||US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Free Sample Copy Available|
Key market players include Gelita AG, Rousselot, Nitta Gelatin, Protein S.A., ConnOils LLC, Norland Products Inc., PB Leiner, Ewald-Gelatin GmbH, Titan Biotech Limited, and Viscofan BioEngineering. Major players in the hydrolyzed collagen market are focused on strategies such as mergers and acquisitions and product launch to expand their geographical presence and consumer base globally.
The List of Companies - Hydrolyzed Collagen Market