比荷卢经济联盟胶原蛋白市场规模,分享& Covid-19小鬼act Analysis, By Type (Hydrolyzed Collagen, Native Collagen, and Gelatin), Source (Bovine, Marine, Poultry, Others), Application (Food & Beverages, Healthcare & Pharmaceuticals, Cosmetics, and Others), and Regional Forecast, 2020 – 2027

比荷卢胶原蛋白市场规模达279美元。6 million in 2019. The global impact of COVID-19 impact has been unprecedented and staggering with the Benelux collagen observing a negative demand shock amid the pandemic. Based on our analysis, the Benelux collagen market will exhibit a slight decline of 2.3% in 2020. The market is expected to grow from USD 285.5 million in 2020 to USD 402.6 million in 2027 at a CAGR of 5.03% in the 2020-2027 period. The rise in CAGR is attributable to this market’s demand and growth, returning to pre-pandemic levels once the pandemic is over.

Collagen is an abundantly found structural protein present in the extracellular matrix of various connective tissues in the animal and human body. The industry is anticipated to witness significant growth in the Benelux region owing to its wide utilization in end-use application industries. It is extensively utilized in various processed foods and beverages due to its gelling behavior, thickening, texturizing, stabilization, and water-binding capacity.Collagenis also utilized as an ingredient in various powderydietary supplementsdue to its high protein content and beneficial role in metabolism, which is expected to drive its growth.

COVID-19 Pandemic to Result in Disruption in Supply Chain of Raw Materials

The COVID-19 outbreak has severely impacted the Benelux economy. Food and beverages, medication, and several other industries are adversely affected due to the closure of manufacturing facilities, delay in raw material supply, and shortage of labor force. The government had imposed a lockdown in the union, which further led to restrictions on public mobility and logistics delay. Various food manufacturers and processors operating in these countries are facing numerous challenges in their functioning. Disruptions in the supply chain have further led to a shortage of raw materials.

According to the International Trade Center, in 2020, the EU imports of manufacturing inputs are expected to drop by USD 147 billion, out of which USD 101 billion is due to the intra-EU trade. However, manufacturers in these countries have increased investments in research and innovation to develop safe, shelf-stable, and nutritious food products. This is expected to boost the Benelux collagen market growth in the following years.

LATEST TRENDS

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Rising Demand for Collagen in Beauty Products to Influence Growth

The ability of the protein to support the health of skin, hair, and nails is a major factor influencing its wide incorporation in various beauty and personal care products in Benelux. For instance, according to the National Center for Biotechnology Information (NCBI), in 2019, the consumption of protein supplements improves skin hydration, elasticity, and density. In addition, the rising concerns regarding skin quality and aging among consumers have urged manufacturers to develop beauty drinks, supplements, and topical application products. For instance, according to a report published by the Cosmetica Italia, 2019, the cosmetics industry in the Netherlands grew by 2.4%, while Belgium and Luxembourg observed 1.6% consumption growth in 2018. These factors are expected to fuel the demand in these countries in the upcoming years.

DRIVING FACTORS

Extensive Utilization of Collagen in Pharmaceutical and Healthcare Industry to Augment Growth

Its wide utilization in various biomedical applications due to its excellent biocompatibility and biochemical properties mainly drives its market growth. It is also widely used in cardiovascular surgery, plastic surgery, orthopedics, ophthalmology, and others. In addition, it has bone reconstructing and healing properties. However, its primary application includes the utilization of drug delivery. For instance, according to a research paper published by the International Journal of Pharmacy Teaching & Practices in 2017, collagen sponges, mini-pellets, gel preparations, and others were utilized as a biomaterial for drug delivery due to their biodegradable nature and synergism with other bioactive compounds present in the body.

Hence, manufacturers in the Netherlands are widely incorporating them in various supplements and medicinal products to deliver specific functional properties. According to a research report by the National Center for Biotechnology Information (NCBI), in 2017, the annual incidence of hip fracture in the Netherlands stood at ~250/100,000. Therefore, the rising health and medical issues, such as osteoporosis and arthritis in Benelux have led to its increasing demand among manufacturers.

Inclusion of Product in Sports Nutrition to Fuel Growth

The sports nutrition market is thriving on global levels as health and fitness has become an essential part of the consumers’ lives. This has nudged manufacturers, such as Darling Ingredients, Inc. and Nestle S.A., to start incorporating this ingredient in various sports nutrition products. For instance, according to research published in 2016 in the International Journal of Sports Nutrition and Exercise Metabolism, approximately 85% of the Netherlands’ elite athletes consumesports drinksto support their health. The consumption of such sports drinks helps in muscle recovery of the athlete and improves their performance. Increasing retail sales of functional sports drinks in Belgium and the Netherlands have positively impacted the market in terms of value, as well as volume, and are steadily contributing to the market growth.

RESTRAINING FACTORS

Availability of Plant-based Alternatives to Impede Growth

The availability of plant-based alternatives and substitutes for animal-derived food ingredients is likely to hamper the market performance. The increasing environmental sustainability and animal welfare concerns have led to the consumers’ gradual inclination toward plant-based products. Manufacturers are keeping a close eye on the ongoing market trends, which has led them to launch vegan-friendly products. For instance, in November 2020, Jellatech, a biotech start-up company with its R&D base in the Netherlands, launched animal-free and slaughter-free collagen and gelatin to eliminate the use of animals for manufacturing these ingredients. Thus, such new animal-free products can pose a significant restraint on the market growth.

SEGMENTATION

By Type Analysis:

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Extensive Utilization of Gelatin among Various Application Sectors

The gelatin segment currently holds the highest share based on the market share analysis, owing to its wide utilization in food and beverages as a clarifying or a thickening agent. In beverages, such as wine,beer, and fruit juices, it is used for removing haze-causing precipitates in order to obtain clarified and clear products. According to the Gelatine Manufacturers of Europe (GME), 2018, the eleven leading gelatin and collagen peptide manufacturers in Europe fall under the GME. They account for approximately 98% of the European gelatin production and 33% of the global production. It is also used for manufacturing jellies, candies, and ready-to-drink beverages. Further, its high-protein, cholesterol-free, and cost-effective nature has led to its emergence as a label-friendly ingredient, which, in turn, is expected to aid growth.

The hydrolyzed collagen segment is anticipated to exhibit significant traction as it has been broken down into simpler amino acids that aid in its increased dissolvability. This leads to a wide incorporation of the product in powdery supplements. Similarly, its native form is widely used in cosmetics and personal care products due to itsantioxidantsand anti-inflammatory properties, which in turn, is likely to boost its demand.

By Source Analysis:

Bovine Segment to Account for Major Market Share Owing to Its Wide Availability

On the basis of source, the bovine source accounts for the major share in the market due to its abundant availability and comparatively less cost than its counterparts. It is abundant in type I and type III collagen that help in providing numerous skin benefits. It is widely used by manufacturers to produce powdered beverages, capsules, and soft gel supplements due to its low molecular weight. It may also help in relieving symptoms of osteoarthritis.

The marine segment has emerged as a promising source for obtaining the protein as it is environmentally sustainable and utilizes fish by-products, such as bones and scales. It is rich in type I variant of the protein, which is easily absorbed in the body and helps in the faster healing of wounds and scars. Poultry is also an essential source as it contains type II collagen that improves digestive health, reduces joint pain, and other health benefits.

By Application

Food and Beverages Segment to Hold the Largest Share

On the basis of application, the food and beverages segment accounts for the largest share due to the wide incorporation of this product in various food products such as soups, beverages, candies, jellies, gums, and others. It enhances the elasticity, stability, and consistency of food products. It also acts as a binding agent in bakery products, whereas inconfectioneryitems, it acts as a thickening agent.

Its versatile nature has led to its utilization in other industries, such as pharmaceuticals and cosmetics. The pharmaceutical industry uses it for efficient drug delivery, bone reconstruction, and wound healing purposes. Whereas, the cosmetics industry incorporates it in various anti-aging creams, body lotions, and beauty supplements to enhance the skin elasticity and hydration. These factors are projected to boost the market growth during the forecast years.

COUNTRY INSIGHTS

The Netherlands accounts for the major share in the market and is expected to reach USD 208.37 in 2027 due to the rapid growth of the food and beverages industry. According to the United States Department of Agriculture Report 2019, the Dutch food processing industry accounted for USD 82.5 billion in 2017 and USD 92.4 billion in 2018. In addition, the increasing demand from consumers for nutritious and safe food products has nudged manufacturers to increase their production. Hence, they are striving to come up with innovative food products that would help in supporting the overall health.

Belgium and Luxembourg are anticipated to hold the second and third positions respectively in the market. The growing investments in research and innovations to improve the quality of the product is likely to boost the regional market growth. In addition, the rising popularity and the wide use of the protein in various end-use industries are expected to further enhance growth.

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KEY INDUSTRY PLAYERS

Embarking Upon New Product Launches and Partnerships to Help Companies Broaden their Product Portfolios

The market is consolidated with the presence of several key players in the countries. The Hut Group, a British e-commerce company, is embarking upon strategic partnerships to expand its business segment. This will enable the company to diversify its product portfolio and strengthen its presence in Benelux. For instance, in September 2020, the company acquired Perricone MD, a luxury skincare brand. This acquisition is estimated to aid the expansion of its business capabilities with the help of an established distribution network from Perricone MD. Other companies, such as The Hut Group, PK Benelux B.V., Nitta Gelatin NA Inc., Mattison Healthcare B.V., and Gelita AG, are some of the major players in the market. These companies are capitalizing on expanding their product portfolio and geographic reach so as to strengthen their position in the market.

LIST OF KEY MARKET PLAYERS PROFILED IN THIS REPORT:

• The Hut Group (United Kingdom)


• Nestle S.A. (Vevey, Switzerland)


• Darling Ingredients, Inc. (Texas, United States)


• PK Benelux B.V. (Netherlands)


• Van Dinter Health B.V. (Netherlands)


• Arctic Pure (Finland)


• Mattison Healthcare B.V. (Netherlands)


• Tessenderlo Group nv (Belgium)


• Damier Group (Belgium)


• Koninklijke DSM N.V. (Netherlands)

关键行业的发展:

• May 2020:Swisse Wellness announced the launch of Clinical Collagen+ Beauty Blends containing grass-fed collagen, which will be available in the Netherlands and other European countries.


• March 2020:Garden of Life, a brand of Nestle SA-owned company Atrium Innovations, Inc., expanded its grass-fed collagen line with added ingredients, which consists of a variety of products for specific health requirements.

REPORT COVERAGE

An Infographic Representation of Benelux Collagen Market

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The Benelux collagen market research report provides qualitative and quantitative insights into the market. It also offers a detailed analysis of the market size and growth rate for all possible segments in the market. Various key insights presented in the report are an overview of related markets, recent industry developments, such as mergers & acquisitions, regulatory scenario in critical countries, and key industry trends.

Report Scope & Segmentation

ATTRIBUTE	DETAILS
Study Period	2016-2027
Base Year	2019
Forecast Period	2020-2027
Historical Period	2016-2018
Unit	Value (USD Million)
By Type	Hydrolyzed Native Gelatin
By Source	Bovine Marine Poultry Others (Porcine, Bird, & Rat)
By Application	Food & Beverages Healthcare & Pharmaceuticals Cosmetics Others
By Geography	Benelux (By Type, Source, Application, and By Country) Netherlands (By Type, Source, and Application) Belgium (By Type, Source, and Application) Luxembourg (By Type, Source, and Application)