Commercialization of Novel Drug Delivery Systems Expand Horizon for Industry Players in Collagen Peptide and Gelatin Market, Says TMR

Commercialization of Novel Drug Delivery Systems Expand Horizon for Industry Players in Collagen Peptide and Gelatin Market, Says TMR

PR Newswire

ALBANY, N.Y., Sept. 16, 2020

ALBANY, N.Y., Sept. 16, 2020 /PRNewswire/ -- Potential of collagen peptide and gelatin in regenerative medicine, especially for wound healing has spurred on research and development activities in the collagen peptide and gelatin market. Growing utilization of collagen peptide and gelatin in developing nutraceuticals will unlock new prospects for functional food manufactures, especially since geriatric population and sportspersons are key consumer targets.

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Novel collagen-based drug delivery systems are a huge opportunity for pharmaceutical companies in the collagen peptide and gelatin market.

The global valuation of collagen peptide and gelatin was pegged at US$ 5,976.9 Mn in 2018, and is projected to expand at CAGR of 8.7% from 2019 to 2027. The forecast valuation is US$ 12,610.9 Mn by 2027-end.

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Key Findings of Collagen Peptide and Gelatin Market Report

Explore 100 pages of top-notch research, incisive insights, and detailed country-level projections on Collagen Peptide and Gelatin Market (Type - Type I (Fish and Others), and Type II (Hydrolyzed and Undenatured)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027 at https://www.transparencymarketresearch.com/report-toc/1070

Collagen Peptide and Gelatin Market: Key Driving Factors and Promising Avenues

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Collagen Peptide and Gelatin Market: Key Impediments to Growth

Porcine collagen sources have witnessed negative connotation among some populations. People in Asia Pacific and the Middle East are averse to accepting porcine-based collagen in medical and surgical products, due to religious and cultural beliefs.

Even in regional markets, notably in North America and Europe, they are witnessing attractive demand, the risk of transmission of diseases from animal-based medical products is significantly affecting market players.

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Collagen Peptide and Gelatin Market: Competitive Landscape

The overall landscape is increasingly fragmented, with the presence of numerous regional as well international companies locked in competition against one another. Top players are keen on taping into the huge revenue potential in collagen-based novel drug delivery systems, such as through spending on research in liposomes and nanoparticles. Most companies in the collagen peptide and gelatin are consolidating manufacturing facilities and using advanced extraction methodologies to strengthen their presence. 

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The Collagen Peptide and Gelatin Market can be segmented as follows:

Global Collagen Peptide and Gelatin Market, by Type

Global Collagen Peptide and Gelatin Market, by Region

Explore Transparency Market Research's award-winning coverage of the global Healthcare Industry:

Collagen Dressings Market: According to the report, the global collagen dressings market was valued at ~US$ 926 Mn in 2019 and is projected to expand at a CAGR of ~5% from 2020 to 2030. Increase in patient pool for chronic and acute wounds, and rise in the number of road accidents and traumatic injuries are anticipated to drive the global collagen dressings market from 2020 to 2030

Soft Tissue Allografts Market: The global soft tissue allografts market was valued at US$ 3.55 Bn in 2018, and is projected to reach ~ US$ 6.2 Bn by 2027, expanding at a CAGR of ~ 6.5% from 2019 to 2027, increase in incidences of periodontal diseases among the young population and rise in technological innovations in dental implants are anticipated to drive the global market

Tissue Engineered Collagen Biomaterials Market: The global tissue engineered collagen biomaterials market has been majorly fuelled by the extensive research and development activities in regenerative medicine and rising use of collagen as bone substitutes. Another growth driver in the market is the use of collagen in wound healing which offers numerous benefits in terms of stimulating tissue growth and ensuring relief for a variety of injuries on bones and tissues

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