Bovine Collagen Peptide: Market Introduction
Bovine Collagen contains Type I and Type III collagen which is essential to human skin. These have become more common in the cosmetics industry as a possible remedy for reducing wrinkles, promoting elasticity, and improving skin moisture. Moreover, aging causes collagen production to naturally decline thus causing health issues including bone, joint, and skin problems.
Collagen is a protein that is present naturally in the human body and numerous animals. It is a vital building block to the skin, bones, tendons, ligaments, muscles, and blood vessels. These proteins can be derived from other sources such as food and supplements; and supplements from Bovine animals that come primarily from the cow are the most common due to numerous benefits these offers.
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Also, collagen peptides are used in food supplements to preserve the good functioning of the joint. These offer several other benefits which include keeping the joints healthy, prevent bone loss. Additionally, also help in muscle growth and recovery, increased bone strength, enhanced tissue repair.
Bovine collagen can relieve the symptoms of osteoarthritis, a common form of arthritis caused by disintegrating the protective cartilage at the ends of your bones. It can lead to discomfort and weakness in your wrists, elbows, and thighs, among other areas of the body.
Bovine collagen is used mainly as substitutes for gelatin or hydrolyzed collagen. Although gelatin is usually used as a food additive in desserts, hydrolyzed collagen is a collagen that has been broken down into smaller proteins that are easier for the body to absorb that is very versatile and can be conveniently applied to any hot or cold liquid.
These products are increasingly used as ingredients in food and beverages as these are safe to add in diet and can be mixed easily into various drinks such as coffee, juices, or smoothies. Or can also be added into products like desserts, snacks, and others. Furthermore, infusing peptide into food also increases its shelf life.
The peptides are used as sports nutrition by athletes as it is considered as a major nutritional ingredient in most of the protein products as it helps in improving athletic performance and reduces the risk of injury. This is expected to boost the growth of the sports nutrition product.
People are becoming more health-conscious thus leading to a rise in expenditure towards personal health will fuel the growth of the market. The growing awareness of healthy living and wider application of these collages peptides is expected to contribute significantly to the growth of the market.
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Global Bovine Collagen Peptide Market is Experiencing increasing Demand as COVID-19 Outbreak
COVID-19 will significantly impact the food and beverage industry, including bovine collagen peptide. The market will witness increasing demand due to the increasing awareness of a healthy lifestyle among people.
The various health benefits offered by the collagen peptide products, a wide range of application, and ease of consumption through daily nutritional diet will fuel the growth of the market.
Segmentation Analysis of Global Bovine Collagen Peptide Market
Global Bovine Collagen Peptide Market is bifurcated into four major categories: application, type, form, and region.
On the basis of application, the global market for bovine collagen peptide is divided into:
- Food & Beverages
- Dietary Supplements
- Functional Foods
- Healthcare
- Joint Health
- Bone Health
- Others
- Sports Nutrition
- Cosmetics
- Others
On the basis of type, the global market for bovine collagen peptide is divided into:
- Gelatin
- Hydrolyzed Collagen
On the basis of form, the global market for bovine collagen peptide is divided into:
- Pills
- Powder
- Liquid
Based on the region, the global market for bovine collagen peptide is segmented as:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
Bovine Collagen Peptide Market: Regional Outlook
In the Asia Pacific region, the collagen peptide market is driven primarily by growing demand for collagen peptides in nutritional items, such as dietary supplements and sports nutrition.
Developed markets like North America and Europe are maturing, which has led to faster growth in emerging economies like India and China. In addition, increasing usage of collages peptides by manufacturers in a broad variety of food and beverage products has led to the development of the market in the East and South Asia regions.
Bovine Collagen Peptide Market: Competition Outlook
Major players operating in the market include Nitta Gelatin, Inc., Aspen Naturals, Darling Ingredients International Holding B.V., Gelita AG, Stemcell Technologies Inc., Lapi Gelatine S.P.A, Tessenderlo Group. Gelita AG has expanded its production capacity by 30% in Sioux City to meet the increasing demand for high-quality collagen peptide in the US.
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