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Global Collagen Peptides Market Segmented by Source (Pigskin, Cattle Hide & Bones and Poultry & Fish), by Application (Nutritional Products, Snacks & Cereals, Beverages, Dairy Products, and Meat & Poultry Products) and by Regional Analysis (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast (2022 – 2027)

Published: January, 2022
ID: 2349
Pages: 173
Formats: report pdf report excel report power bi report ppt

Collagen Peptides Market Size, Growth, Forecast (2022-2027)

The global Collagen Peptides Market size is assessed to reach about USD 2.8 billion by 2027, expanding at a growth rate (CAGR) of about 12% from USD 1.5 billion in 2021.

Collagen Peptides Market

Market Overview:

The expanding request in the key portions, for example, dietary enhancements, wholesome bars, refreshments, and excellence items, has been driving the deals of collagen peptides all around.

The worldwide financial elements, alongside the developing geriatric populace, expanded budgetary assignment to the medicinal services area, the developing ubiquity of a preventive way to deal with the way of life infections, and the developing nutraceutical fragment, have been supplementing the collagen peptide items request.

Asia-Pacific is relied upon to be one of the quickest developing business sectors inferable from the strong market opinions showed by China, Korea and India. The locale is relied upon to enroll a notable CAGRduring the foreseen time frame.

Collagen Peptides Market Trends:

Expanding Consumer Awareness on Collagen-Infused Nutricosmetics

Intended to convey healthy ageing benefits with an accentuation on skin, hair, and nail magnificence, there has been a developing interest for collagen-based enhancements. This is because of the expansion in buyer mindfulness on the advantages of collagen peptides and tripeptides mixed in human nutrition, which has picked up footing in both the food and restorative markets, adding to the development of nutricosmetic arrangements all-inclusive. Driven by shopper's developing desire to forestall untimely maturing, alongside the developing inclination for common, safe, and compelling magnificence arrangements, protein-and amino corrosive determined nutricosmetics, collagen held a greater part of the overall industry at about 29% in the worldwide nutricosmetics market. This has driven key players in the nutraceutical market to grow their item portfolio with nutricosmetics so as to put them firmly in the magnificence supplements market.

Asia-Pacific is Likely to Experience the Highest Growth Rate

Collagen peptide-based items, for example, dietary enhancements and excellence from-inside drinks possess the greatest offers in Asia-Pacific, trailed by Europe and North America. This is because of high customer mindfulness on different advantages of such items, and the quickly developing magnificence items industry of Asian nations, for example, South-Korea and Japan. In this manner, these nations have a significant offer in the global collagen peptides market, because of high utilization in restorative and individual consideration items. The market is foreseen enrolling a more slow development rate because of high item valuing. Then again, inferable from expanding discretionary cashflow and quick-paced industrialization, creating countries, similar to India, have a noteworthy potential for development.

Recent Developments in Collagen Peptides Industry:

  • In June 2018, Danish Crown's auxiliary gathering, Tulip Food Company procured Zandbergen (Netherlands) to satisfy the developing need for bacon items in the worldwide collagen peptides market.
  • In February 2018, Dear Ingredients has propelled another item named StabiCaps. It will assist the organization in expanding its collagen peptide product offering.
  • In May 2017, Tessenderlo Group propelled SOLUGEL Ultra BD in the collagen protein market to grow its item portfolio.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2027

Base Year

2021

Forecast Period

2022 - 2027

CAGR

12%

Segments Covered

By Source, Application and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Cargill, Danish Crown, Darling Ingredients, Kewpie Corporation, Tessenderlo Group, Lapi Gelatine, GELITA AG, ITAGELATINE S.p.A, GELNEX, Weishardt Group and Others.

Drivers:

Customer's tendency toward sound ways of life and protein utilization

In the course of the most recent couple of years, purchaser mindfulness about solid food items has been filling the collagen peptides market for nutritive food items. Purchasers are progressively concentrating on healthy ageing, not exclusively to build their future yet additionally to forestall and defer the beginning of diet-and bone-related sicknesses.

Use of collagen peptide as a utilitarian ingredient in food preparing

The development in wellbeing cognizance among buyers because of mindfulness in regards to different infections, dietary lack, and want for healthy ageing, among different components, has brought about expanded shopper interest for practical and braced food and refreshment items. The expanded customer understanding about food has prompted the interest for food items with explicit functionalities that will take into account their necessities and help in managing diverse wellbeing angles.

Collagen hydrolysate or collagen peptide has wide utilization in the regions of culinary and food processing parts. It is blended in different beverages, shakes, smoothies, and frozen yoghurts to give calming protein support, as the ingredient tends to break down vulnerable fluid without any problem. Hydrolyzed collagen has great organoleptic properties, taste, and is without scent, while simultaneously empowering the food item to keep up its quality. It is utilized in different plans because of its property to blend and mix with different structures.

Restraints:

Stringent food laws for animal-sourced added substances

Shoppers are getting on edge about the security of the food and food ingredients that they devour. The different processing advances, safeguarding procedures, and packaging techniques stay significant security issues. In this manner, a few foods added substance laws and guidelines have been executed in different nations, accordingly constraining the development and utilization of hydrolyzed collagen substances.

Worries toward the consumption of animal sources

Hydrolyzed collagen is gotten from animal sources, for example, fish, pigskin, and ox-like. There is a fast restriction against the utilization of items got from animal sources, keeping in see the preservation of untamed life. Veggie lover food has become the most recent pattern in created nations, for example, in the US. Also, there is a likelihood of a lack of assets in certain spots to satisfy the need for these items, which, thus, would make a stock interest irregularity.

Collagen Peptides Market Segmentation Analysis:

By Source:

  • Pigskin     
  • Cattle Hide             
  • Poultry    
  • Fish           
  • Cattle Bones         
  • Others

By Application:

  • Nutritional Products          
  • Snacks & Cereals 
  • Beverages
  • Dairy Products     
  • Meat & Poultry Products      

Geographical Segmentation Analysis:

  • North America - the United States and Canada
  • Europe - United Kingdom, Spain, Germany, Italy, and France
  • The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
  • Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM
  • The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

Competitive Landscape:

The worldwide collagen peptide items market contains countless provincial and worldwide players. New item launches, market development, associations, are the favored vital methodologies received by most organizations engaged with the collagen peptide items business. Inferable from the item developments and expanding market for dietary enhancements and useful food, the worldwide players in the collagen peptide items market receive new item dispatch, as their key procedure. The most dynamic organizations incorporate Vital Proteins LLC, Equip, Nature's Bounty Co, and Twinlab Consolidated Corporation.

Key Players in the Market:

Major Key Players in the Global Collagen Peptides Market are

  • Cargill                           
  • Danish Crown                           
  • Darling Ingredients                
  • Kewpie Corporation              
  • Tessenderlo Group               
  • Lapi Gelatine                            
  • GELITA AG                 
  • ITAGELATINE S.p.A                 
  • GELNEX                        
  • Weishardt Group      

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FAQ's

What is the study period of this market?

The Collagen Peptides Market is studied from 2022-2027.

What is the growth rate of the Global Collagen Peptides Market?

The Collagen Peptides Market is predicted to register a CAGR of 5.82% during 2022-2027.

Name any three global Collagen Peptides Market key players?

Tessenderlo Group (Belgium), Darling Ingredients (US) and GELITA AG (Germany) are some of the key market players in the global Collagen Peptides Market.

What are the key drivers of the Collagen Peptides Market in the world

The increasing demand for cosmetic products and the rising awareness for personal care is expected to drive the Collagen Peptides Market growth.

Which region is the fastest growing for the Collagen Peptides Market?

The fastest growing region is the Asia Pacific region, with a market growth rate of X.X%

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