Fish collagen peptide is a collagen protein derived from skin, fins, scales and bones of fish. Fish collagen peptide provides various health benefits due to which it is widely used in cosmetics and dietary supplements. The global fish collagen peptides market has experienced a significant growth, and is expected to grow considerably in next few years owing to the surge in the usage of fish collagen peptides in various industries.
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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
The increase in health consciousness among people is the key driver for the growth of the fish collagen peptides. The various nutrients present in the fish collagen peptides have increased the demand. Fish collagen peptides help in blood sugar control and reduce cholesterol level. Fish collagen peptides offer various health benefits due to which its consumption has increased. It enhances immune system and shows antibacterial effects.
The boom in cosmetic &personal care industry has led to the growth of fish collagen peptides market. The fish collagen peptides are widely used in these industries to make serums, cream, and lotions. The increase in demand for anti-aging and other skin care products has led to the surge in the usage of fish collagen peptides as an ingredient in the skin care products. It helps in hydrating skin and thus wrinkles, redness, and dermatitis get reduced. The urge of Millennials to look attractive has also surged the demand for skin care lotions and creams containing fish collagen peptides. Nowadays, due to hectic schedule, busy lifestyle and change in normal eating habits have affected the skin health, increased obesity, increased diabetes, and other health problems. Therefore, there is surge in number of people taking supplements containing fish collagen peptides.
Key Market Players
Rousselot, Nitta Gelatin NA Inc., LAPI GELATINE Spa, HealthyHey Nutrition, Hangzhou Nutrition Biotechnology Co. Ltd, Norland Products Inc, Tessenderlo Group, Amicogen, GELITA AG, Nippi Collagen NA Inc, BHN Co. Ltd., SAS GelatinesWeishardt
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Expanding Distribution
To serve the rise in demand, leading players are focused on expansion of distribution of their products. Expanding helps the market players to increase their customer base. For instance, in February 2019,Capsugel Belgium NV (Lonza), a fish collagen peptides producer announced its expansion of its distribution agreement with Quadra Chemicals Ltd. in Canada. This agreement enables the company to boost the sales of its full range of consumer health and nutrition ingredients which also includes its UC-II undenatured type II collagen, in the country.
Key Benefits of the Report:
- This study presents the analytical depiction of the global fish collagen peptides industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global fish collagen peptides market share.
- The current market is quantitatively analyzed to highlight the growth scenario of the global fish collagen peptides market.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
- The report provides a detailed global fish collagen peptides market analysis based on competitive intensity and how the competition will take shape in coming years.
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