Enteral collagen peptide protein market was valued at $14,586 thousand growth in 2020, and is projected to reach $25,811 thousand by 2030, registering a CAGR of 7.2% from 2021-2030.
Collagen peptide protein is a soluble protein supplement derived from bovine or marine protein. These proteins help to maintain bone, skin, and joint health. Moreover, enteral collagen peptide proteins provide hydrolyzed collagen directly in the gastrointestinal tract in patients who cannot swallow food or get enough nourishment by eating or drinking. This process of administrating nutrition involves the usage of enteral feeding devices such as pumps and tubes. These medical devices deliver the medications and nutrients directly into the stomach, duodenum, or jejunum either via the nose, mouth, or direct percutaneous route.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/14044
๐๐ผ๐๐ถ๐ฑ-๐ญ๐ต ๐ฆ๐ฐ๐ฒ๐ป๐ฎ๐ฟ๐ถ๐ผ:
Coronavirus (COVID-19) was discovered in late December in Hubei province of Wuhan city in China. The disease is caused by a virus, namely, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), which is transmitted from humans to humans. Lockdown, government regulations, and continuous increase in infection rate across the country created a widespread financial impact on neurology hospitals and clinics. Large number of hospitals and clinics have witnessed a drop in number of patient visits amid COVID-19 ultimately reducing client contact.
The overall impact of COVID-19 remains negative for enteral collagen peptide protein, owing to decline in meat consumption, especially marine and bovine products, across the globe. In addition, COVID-19 pandemic has affected the enteral collagen peptide protein products production and import & export of finished goods, owing to lockdown in various COVID-19-affected countries and rise in number of healthcare workers falling ill during the pandemic, leading to short supply. Temporary disruptions of inputs or production might stress some companies, particularly those with inadequate liquidity. Moreover, delayed shipments & production schedules create financial problems for companies with heavy debts. Thus, the enteral collagen peptide protein market has been negatively impacted due to the current global health crisis.
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On the basis of form, the market is categorized into liquid & powder. Presently, the liquid segment dominated the global market in 2020, and is anticipated to continue this trend during the forecast period. This is attributed to increase in the demand and consumption of enteral supplements that come in the form of liquid, owing to increase in availability of liquid enteral collagen peptide protein products and rise in health concerns among consumers are expected to drive the growth of market.
On the basis of age group, the market is bifurcated into adults and pediatric. The adult (above18) segment accounted for maximum revenue in 2020, and is anticipated to gain prominence during the forecast period, owing to higher number of patients suffering from osteoarthritis, osteoporosis, and rheumatoid arthritis. Furthermore, increase in geriatric population that requires enteral collagen peptide protein and has difficulty in swallowing is expected to contribute to the market growth
By end user, the market is categorized into hospital & clinics, homecare and nursing home. The homecare segment is anticipated to depict significant growth during the forecast period. This is attributed to increase in number of patients adopting enteral collagen peptide protein administration at home and increase in demand for home care enteral collagen peptide protein treatment. Moreover, increase in geriatric population, urbanization & industrialization, rising per capita income and high investments in research and development activities to produce collagen peptide protein-based products drives the growth of the market.
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๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/14044
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- On the basis of form, the liquid segment held the largest market share in 2020, and is expected to remain dominant throughout the forecast period.
- By age group, the adults (above 18) segment dominated the market in 2020, in terms of share, and is expected to lead in the near future.
- Depending on end user, the homecare segment held largest market share in 2020, and is expected to remain dominant throughout the forecast period.
- Region wise, Asia-Pacific is expected to experience growth at the highest rate, registering a CAGR of 9.2% during the forecast period.
๐๐ฎ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐ฏ๐ข๐๐๐ฌ ๐๐จ๐ฎ ๐๐ง๐ฌ๐ฐ๐๐ซ ๐ญ๐จ ๐๐๐ฅ๐จ๐ฐ ๐๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง:
โข Which are the driving factors responsible for the growth of market?
โข Which are the roadblock factors of this market?
โข What are the new opportunities, by which market will grow in coming years?
โข What are the trends of this market?
โข Which are main factors responsible for new product launch?
โข How big is the global & regional market in terms of revenue, sales and production?
โข How far will the market grow in forecast period in terms of revenue, sales and production?
โข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โข Which region has more opportunities?
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