Collagen Peptides Market

Global Collagen Peptides Market Size (2024 To 2029)

The size of the global collagen peptides market is expected to be worth USD 1.88 billion in 2024 and grow at a CAGR of 12% from 2024 to 2029 to achieve USD 3.31 billion by 2029.

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.

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.

MARKET 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.

MARKET 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.

REPORT COVERAGE

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 GLOBAL COLLAGEN PEPTIDES 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 and Others.

RECENT HAPPENINGS IN THE MARKET

• 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.

DETAILED SEGMENTATION OF THE GLOBAL COLLAGEN PEPTIDES MARKET INCLUDED IN THIS REPORT

This research report on the global collagen peptides market has been segmented and sub-segmented based on source, application, and region.

By Source

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

By Application

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

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa