Middle East and Africa Collagen Peptides Market is estimated to reach USD 86.02 million by 2028 from a market value of USD 61.88 million in 2022 at a CAGR of 6.78%. The Collagen Peptides market is showcasing significant potential over the mentioned forecast period. The market continues to build up momentum with the shooting potential in economies emerging across the globe.
Collagen Peptide can be described as the chemical compounds, rich in protein and an important part of the healthy nutrition. These are responsible for promoting health of joints and bones and also, for making the skin beautiful.
Drivers and Restraints:
There are various factors which have been impacting the market growth over recent years. The factors driving the growth are, wide range of applications of collagen peptide as an ingredient in food industry, consumers’ preference towards healthy lifestyle. Further, there are some factors which restrain the market growth as well, which include concerns regarding the depleting animal sources, stringent government laws for animal origin additives. These factors are responsible for holding the market down from its full potential.
Market Segmentation Analysis:
The Middle East & Africa Collagen Peptides market is segmented based on source and application. The market is segmented on the basis of type under poultry, fish, cattle bone & hide, pigskin. On the basis of application, the market is divided into snacks & cereals, meat & poultry products, beverages, dairy products.
On the basis of geography, the Middle East & Africa market is analysed under various regions namely Middle East and Africa. Middle East & Africa account for the lowest share in the market.
Key Players in the Market:
Major key players in the MEA Collagen Peptides Market are
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