Collagen Peptides Market Size
The global Collagen Peptides market size was valued at $703.57 million in 2023, and is projected to reach $986.78 million by 2029, growing at a CAGR of 5.8% during the forecast period.
Collagen Peptides Overview
Collagen peptides, also known as hydrolyzed collagen or collagen hydrolysate, are short chains of amino acids derived from collagen, a structural protein found in the connective tissues of animals, including humans. Collagen is a key component of the skin, bones, tendons, ligaments, and other tissues in the body. Collagen peptides are created through a process called enzymatic hydrolysis, in which collagen is broken down into smaller, more easily digestible peptides. This process makes collagen peptides highly bioavailable and soluble, which means they can be more readily absorbed by the body when consumed as a supplement or added to various products.
Collagen Peptides Market Trends
- The Collagen Peptides market is expected to witness significant growth in the future due to the growing usage of collagen as an additive, increasing demand for collagen peptides for medical applications, and rising inclination for the functional and processed food & beverage industry.
- Additionally, the growing popularity of collagen-based functional goods, and cosmetic and personal care products using collagen peptides are the prominent factors driving the growth of the Collagen Peptides market demand.
- However, the consumer shift toward vegan diets and sustainability and ethical constraints are restraining the market growth.
- On the contrary, numerous applications of collagen peptides and promotion of healthy diets by governments are creating opportunities for the market growth.
Impact of COVID-19 on Collagen Peptides Market
The COVID-19 pandemic has had various impacts on the collagen peptides market, with both challenges and opportunities emerging. The pandemic disrupted supply chains globally, affecting the sourcing and distribution of collagen peptide products. This resulted in delays, shortages, and increased costs associated with production and transportation. As people became more health-conscious during the pandemic, there was an increased interest in products that promote overall health and well-being, including collagen supplements. Many consumers turned to collagen peptides for their potential benefits, such as supporting the immune system, skin health, and joint health.
By Application, the Pharmaceuticals Segment is projected to be the Largest Segment in the Collagen Peptides Market
The pharmaceuticals segment is projected to be the largest segment in the Collagen Peptides market during the forecast period owing to their potential therapeutic properties and the ongoing research into their efficacy in different applications. Collagen peptides are known for their potential to support joint health. They can be included in pharmaceutical formulations aimed at managing joint conditions like osteoarthritis. Collagen peptides are believed to promote cartilage regeneration and reduce joint pain and stiffness. Collagen is a key structural protein in various tissues, including skin, bone, and tendons. Pharmaceutical products containing collagen peptides can be used to support tissue regeneration in post-surgical or injury recovery. Some pharmaceutical products target digestive health and gastrointestinal disorders. Collagen peptides are used in these formulations to support the lining of the digestive tract and alleviate symptoms of conditions like leaky gut syndrome.
By Geography, Asia Pacific Region Holds the Dominant Position in the Market Revenue
Asia Pacific region holds the dominant position in the market revenue due to the introduction of various technological innovations that have identified numerous applications for collagen peptides, particularly in the nutraceutical, pharmaceutical, and food & beverage sectors across the region. The rising demand for collagen peptides as a crucial ingredient in the food and beverage industry has significantly contributed to market growth. Furthermore, within the Asia-Pacific region, collagen peptide-based products like dietary supplements and beauty-from-within beverages hold the largest market shares. Countries such as Japan and South Korea dominate the collagen market due to factors such as high consumption of cosmetic and personal care products, heightened consumer awareness of the numerous benefits associated with these products, increased disposable income, and other contributing factors. Moreover, emerging economies like India present substantial growth potential for the entire collagen market, driven by their rapid industrialization and expanding consumer base.
Key Target Audience:
- Research and Development Institutes
- Potential Investors
- Collagen Peptides Manufacturers
- Collagen Peptides International Traders
- Collagen Peptides Distributors and Suppliers
- Regulatory Bodies
List of the Key Players Profiled in the Report Includes:
- Darling Ingredients
- Holista Colltech
- Collagen Solutions
- Gelita AG
- Lapi Gelatine
- Nitta Gelatin
- Weishardt
- Tessenderlo Group
- Nippi Inc.
- Ewald-Gelatine
- Foodmate Co. Ltd.
Key Developments:
- In March 2023, Darling Ingredients Inc has completed the acquisition of Gelnex, a prominent global manufacturer of gelatin and collagen goods. In this acquisition, Darling Ingredients has gained control of five South American facilities and one in the United States, collectively boasting the capability to produce 46,000 metric tons of gelatin and collagen products each year. This strategic move provides Darling Ingredients with immediate production capacity to meet the increasing demands of its collagen clientele, while also maintaining its presence in the growing gelatin market.
What Can be Explored with this Research Report:
- Understand the key trends that will drive the market, and the challenges it faces in the current market scenario.
- Identify growth opportunities.
- Porter’s five force analysis.
- In-depth analysis of market segments, and regions/countries predicted to observed promising growth.
- Historical and forecast size of the market in terms of revenue (USD Million).
- Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Market by, Source:
- Bovine
- Marine
- Porcine
- Poultry
Market by, Form:
- Dry
- Liquid
Market by, Application:
- Food & Beverages
- Nutritional Products
- Cosmetics & Personal Care Products
- Pharmaceuticals
- Other Applications
Market by, Geography:
The Collagen Peptides Market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:
- North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
- Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
- Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
- South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
- Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.
Table Of Content
1 Market Introduction
1.1 Market Definition
1.2 Research Scope and Segmentation
1.3 Stakeholders
1.4 List of Abbrevations
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Research Approach
3.6 Data Sources and Assumptions
4 Market Dynamics
4.1 Market Drivers
4.1.1 Growing Usage of Collagen as an Additive
4.1.2 Increasing Demand for Collagen Peptides for Medical Applications
4.1.3 Rising Inclination for Functional and Processed Food & Beverage Industry
4.2 Market Restraints
4.2.1 Consumer Shift toward Vegan Diets
4.3 Market Opportunities
4.3.1 Numerous Applications of Collagen Peptides
4.3.2 Growing Popularity of Collagen-based Functional Goods
4.4 Market Challenges
4.4.1 Sustainability and Ethical Constraints
4.5 Impact of COVID-19 on Collagen Peptides Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Collagen Peptides Market by, Source
6.1 Overview
6.2 Bovine
6.3 Marine
6.4 Porcine
6.5 Poultry
7 Global Collagen Peptides Market by, Form
7.1 Overview
7.2 Dry
7.3 Liquid
8 Global Collagen Peptides Market by, Application
8.1 Overview
8.2 Food & Beverages
8.3 Nutritional Products
8.4 Cosmetics & Personal Care Products
8.5 Pharmaceuticals
8.6 Other Applications
9 Global Collagen Peptides Market by, Geography
9.1 Overview
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 UK
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 South Korea
9.4.5 Australia
9.4.6 New Zealand
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 UAE
9.6.2 Saudi Arabia
9.6.3 Qatar
9.6.4 Iran
9.6.5 South Africa
9.6.6 Rest of Middle East & Africa
10 Key Developments
11 Company Profiling
11.1 Darling Ingredients
11.1.1 Business Overview
11.1.2 Product/Service Offering
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Activities
11.2 Holista Colltech
11.3 Collagen Solutions
11.4 Gelita AG
11.5 Lapi Gelatine
11.6 Nitta Gelatin
11.7 Weishardt
11.8 Tessenderlo Group
11.9 Nippi Inc.
11.10 Ewald-Gelatine
11.11 Foodmate Co. Ltd.
Report Details
SKU Code | : DI2146 |
Industry | : Food & Beverages |
Region | : Global |
Tables | : 84 |
Format | : Electronic PDF |
Published | : 2023 |
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