(Food-Beverage-News.Com, August 12, 2019 ) The global collagen peptides market was valued at USD 772.3 million in 2018 and is projected to reach USD 1,337.0 million by 2023, at a CAGR of 11.6% during the forecast period. The key players in the collagen peptides market include Darling Ingredients (US), Tessenderlo Group (Belgium), Cargill (US), Kewpie Corporation (Japan), and Danish Crown (Denmark), GELNEX (Brazil), GELITA AG (Germany), ITAGELATINE S.p.A (Italy), Lapi Gelatine (Italy), Nitta Gelatin (Japan), Weishardt Group (France), and Junca Gelatines (Spain). These key players focus on various business strategies such as new product launches, acquisitions, and expansions to improve their market presence and product portfolio. Darling Ingredients and Tessenderlo Group are the top two companies in the collagen peptides market based on overall revenues and product offerings related to collagen peptides.
Darling Ingredients is one of the major companies involved in the manufacturing of specialty ingredients such as tallow, feed-grade fats, meat & bonemeal, and poultry meal. It serves various applications including food, health & pharma, feed, pet food, fuel, bioenergy, and fertilizers. The company has its presence across various North America, Europe, Asia Pacific, and South America. It operates its business through subsidiaries such as Rousselot BVBA (Netherlands), Darling International Canada Inc. (Canada), Rousselot Gelatinas do Brasil Ltda. (Brazil), Rothsay Ltd. (Canada), and Sonac Australia Pty Ltd (Australia). The company’s collagen peptide products are manufactured by Rousselot under its Peptan brand. The company focuses on new product launches as a strategy; in February 2018, it has launched a new product named StabiCaps. It will help the company to expand its collagen peptide product line.
Tessenderlo Group provides specialty solutions to the food, agriculture, and water management sectors for efficient use and re-use of natural resources. PB Gelatins/PB Leiner is a subsidiary of Tessenderlo Group, which produces a complete range of gelatin, hydrolysates, and collagen peptides used in food processing. Globally, the company has its presence in more than 100 locations across the globe, which covers regions such as Europe, South America, North America, Asia, and Rest of the World. The subsidiaries of the company include PB Leiner USA Corp. (US), Pb Leiner Argentina (Argentina), Tessenderlo UK Ltd (UK), and DYKA (UK) Ltd. (UK). The company focuses on new product launch as a strategy; in May 2017, it launched SOLUGEL Ultra BD in the collagen proteins market to expand its product portfolio.
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