Market Research Future (Food and Beverages) Collagen Peptide Market Research Report | Page 3

Collagen Peptide Market Research Report – Forecast to 2023 2 Market Overview Increasing consumption of collagen and its derivatives and growing applications in various areas are the major driving factors for the global collagen peptide market. Collagen is an important structural protein found in skin, hair, bone, and other body tissues. It ensures cohesion, elasticity, and regeneration of all human connective tissues. Collagen peptides are bioactive peptides obtained by hydrolysis of collagen. They are also known as hydrolyzed collagen or collagen hydrolysate. Global collagen peptide market is likely to receive a boost in growth, during the forecast period, owing to increasing health concerns, increased consumption of dietary supplements, and rising trend of self-medication. Moreover, growing applications of collagen peptides in functional food, pharmaceutical and personal care are the key growth factors for the global collagen peptide market. Regional Analysis: Based on region, the market in North America is expected to hold a major share during the forecast period, owing to rising prevalence of chronic diseases in the region and increase in health consciousness among consumers. The European market is expected to be the second largest due to growing use of peptide in food processing industry . . Asia-Pacific is expected to register higher growth rates during the forecast period due to attractive price offerings, a growing usages of collagen peptide by aging population , and increasing deficiency diseases. Page | 3 Copyright © 2017 Market Research Future.