Collagen Peptides Market to Incur Steady Growth During 2020- 2027

As per a newly published report by Research Dive, the global collagen peptides market is expected to rise at a CAGR of 8.1% and is estimated to generate a revenue of $1,169.5 million during the period of forecast from 2020 to 2027. The global market is segmented on the basis of source, application, and region. The report provides detailed insights on drivers, challenges, restraints, opportunities, and key players of the market. As per our analysts, the rising demand from food & beverage industry and the growing awareness amongst people related to health and fitness are the major factors anticipated to bolster the growth of the global collagen market over the forecast period. Moreover, product demand in developing countries and favorable government initiatives are predicted to create lucrative growth opportunities in the market by 2027. Conversely, the regulations on animal origin foods and availability of substitute products are likely to hamper the growth of global market in the coming future.

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COVID-19 Impact on the Market

The COVID-19 pandemic is impacting the global collagen peptides market in a negative way due to decline in meat consumption across the globe, which is subsequently impacting the production of collagen peptides as beef and fish waste are major raw materials for collagen products. However, major players functioning in the industry are continuously executing several business tactics such as joint ventures and novel product launches to sustain in the unprecedented situation.

Bovine Segment to Hold Largest Market Share

Based on source, the global collagen peptides market is segmented into bovine, porcine, marine, and poultry. The bovine segment held the largest market share in 2019 and is expected to continue this trend during the forecast period. The organs of bovine animals such as ligaments, bones, skin, and others are widely used in the manufacturing of collagen products, which is estimated to propel the segmental market growth.

Food & Beverage Segment to Witness a Lucrative Growth

Based on application, the global market is categorized into food & beverage, nutritional products, cosmetics & personal care, and others. The food & beverage segment accounted for $278.6 million in 2019 and is projected to experience a lucrative growth by the end of 2027. This is mainly because collagen peptide products are extensively used in food & beverage industry due to its absorption capacity, thickening and texturizing properties.

North America Region to Grow at the Fastest Rate

Geographically, the global collagen peptides industry is divided into North America, Asia Pacific, Europe, and LAMEA. The North America market for collagen peptides is anticipated to grow at the fastest CAGR with 8.6% over the period of forecast owing to increasing awareness amongst individuals regarding health consciousness along with rising usage of collagen peptides in the cosmetics industry.

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Prominent Players of the Industry

The key players operating in the global collagen peptides market include

Darling Ingredients
Tessenderlo Group
GELITA AG
Collagen Solutions Plc
Holista Colltech
Nitta Gelatin India Limited
GELNEX
Amicogen
Ewald-Gelatine GmbH
FOODMATE CO. LTD.

The report summarizes various aspects of all the prominent players functioning in the market such as financial performance, recent strategic moves & developments, product portfolio, and SWOT analysis.

Covaxin vs Covishield: A Comparison between the Covid-19 Vaccines of India

The second wave of Covid-19 pandemic has reminded people the hard times faced during the coronavirus outbreak in 2020 in India. However, there is still an upper hand in 2021 in the fight against Covid-19, and this can be attributed to the nationwide vaccination drive. It has been clear that getting vaccinated is one of the simple yet effective ways to combat the pandemic. Vaccination helps in producing antibodies and boosts the immune system to fight against any infection. Besides, getting Covid-19 vaccination is known to reduce the severity of the infection and helps in lowering the chances of getting hospitalized due to the severe infection caused due to Covid-19. Covaxin Vs Covishield Currently, the Indian Government has approved two vaccines namely Covaxin and Covishield to fight Covid-19. Many people are wondering which vaccine is better among the two, and here is a quick read to help them answer all their queries. Covaxin Covaxin was given approval for by the Indian

Contactless Payment Market size share growth analysis market demand

Contactless payment, also called as a tap-and-go system is a secure mode where the transactions are done using technologies such as NFC (near field communication), RFID (radio frequency identification), infrared, and bluetooth. Contactless payment is hassle-free and convenient for customers as it takes only one-tenth of the time taken by the old-style electronic transaction.Contactless payment is becoming popular owing to its benefits such as secure and fast payments without any need for cash or identifying details. Initially, these type of payments or cards were used for the purpose oftravelling tickets only. But today, this technology has evolved and is helping customers to make payments for almost anything. However, the permissible amount for a contactless payment varies by country and by the bank. Access to PDF Sample Report Here! @ https://www.researchdive.com/download-sample/181 Recent Developments in the Contactless Payment Industry As per a Research Dive blog, the digital e

Development: Aerospace 3D Printing Market Strategy Planning by Top Manufacturers

Aerospace 3D Printing Market Analysis 2026: According to a study of the Research Dive, aerospace 3D printing market forecast shall cross $5,933.4 million by 2026 , growing at a CAGR of 26.8% during forecast period. Aerospace 3D printing is primarily used to increase the efficiency of A&D supply chain, reduction of storage costs of inventory and waste production materials. Furthermore, the Aerospace 3D printing industry is focusing more on creating parts of aircraft that are lighter and stronger than parts made by using traditional manufacturing. Astonishing advantages of 3D printings in the supply chain of the aerospace and defense industry are projected to surge in the global market. In addition, the financial support provided by the government and non-government organizations across the globe is also driving the 3D printing in aerospace industry. For instance, National Aerospace Technology Exploitation Programme grants £140,000 funds for UK based company Sigma Components

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