USD 667.7 million
Report ID:
SQMIG35I2272 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|Tables:
62
|Figures:
75
Collagen Peptides Market size was valued at USD 705.76 Million in 2023 and is poised to grow from USD 746.69 Million in 2024 to USD 1172.27 Million by 2032, growing at a CAGR of 5.8% during the forecast period (2025-2032).
The global collagen peptides market has witnessed significant growth in recent years and is expected to continue its upward trajectory in the coming years. Collagen peptides, also known as hydrolyzed collagen or collagen hydrolysate, are derived from collagen-rich sources such as animal bones, skin, and connective tissues. These peptides have gained popularity due to their various health benefits and applications across multiple industries. One of the key factors driving the growth of the global market is the increasing consumer awareness about the importance of maintaining healthy skin, hair, and nails. Collagen peptides are known for their ability to improve skin elasticity, reduce wrinkles, and promote hair and nail growth. As a result, there has been a surge in demand for collagen-based beauty and personal care products, including creams, serums, and supplements. Furthermore, the rising aging population worldwide has contributed to the market growth. Aging is often associated with a decline in collagen production in the body, leading to the development of age-related conditions such as joint pain and osteoporosis. Collagen peptides have shown potential in supporting joint health and improving bone density, which has fueled their adoption among the elderly population. The food and beverage industry has also been a major driver of the collagen peptides market. Collagen peptides are increasingly being incorporated into various food and beverage products due to their functional properties, including improved texture, stability, and nutritional value. Additionally, the growing demand for protein-rich products, especially among fitness enthusiasts and athletes, has further bolstered the market growth. However, the global collagen peptides market is not without its challenges. One of the primary concerns is the sourcing of collagen from animal-derived raw materials, which raises ethical and sustainability issues. This has led to a rise in demand for alternative sources of collagen, such as marine collagen derived from fish scales and plant-based collagen alternatives. Additionally, stringent regulations and quality standards in the production and processing of collagen peptides pose a challenge for manufacturers. Compliance with these regulations requires significant investments in research and development, as well as production facilities, which can be a barrier to entry for new players in the market. Moreover, the high cost of collagen peptides remains a restraint for mass adoption, particularly in emerging economies where price sensitivity is a key factor. The affordability of collagen-based products needs to be addressed to tap into the full market potential.
US Collagen Peptides Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 667.7 million
Largest Segment
Dry
Fastest Growth
Dry
Growth Rate
5.8% CAGR
To get more reports on the above market click here to Buy The Report
Global Collagen Peptides Market is segmented by source, form, application and region. Based on source, the market is segmented into bovine, porcine and marine & poultry. Based on form, the market is segmented into dry and liquid. Based on application, the market is segmented into food & beverages, nutritional products, cosmetics & personal care products and pharmaceuticals. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Collagen Peptides Market Analysis By Form
The global collagen peptides market can be segmented by form, with the two primary forms being dry and liquid. In terms of dominance, the dry form of collagen peptides holds a significant share in the market. Dry collagen peptides are widely preferred due to their ease of handling, storage, and transportation. They are typically available in powdered or granulated form, making them versatile and convenient to incorporate into various applications. Dry collagen peptides find extensive usage in the food and beverage industry for the production of protein bars, dietary supplements, powdered drinks, and baked goods. Their longer shelf life and stability make them a popular choice among manufacturers.
On the other hand, the liquid form of collagen peptides is experiencing the fastest growth in the market. Liquid collagen peptides offer several advantages, such as faster absorption and easier digestion compared to the dry form. They are commonly used in the production of ready-to-drink collagen beverages, beauty shots, and liquid dietary supplements. Liquid collagen peptides are gaining popularity among health-conscious consumers who seek convenient and quick ways to incorporate collagen into their daily routines. The growth of the liquid collagen peptides segment is driven by the rising demand for functional beverages and the increasing consumer preference for on-the-go and easy-to-consumer products.
Collagen Peptides Market Analysis By Source
The global collagen peptides market can be segmented by source, with the main sources being bovine, porcine, marine & poultry, and others. In terms of dominance, bovine collagen peptides hold a significant share in the market. Bovine collagen peptides are derived from the bones, skin, and connective tissues of cattle. They are widely utilized in various industries, including food and beverage, pharmaceuticals, and cosmetics. Bovine collagen peptides are favored for their high availability, cost-effectiveness, and versatility in applications. They are commonly used in the production of dietary supplements, functional foods, and skincare products. The dominance of bovine collagen peptides is attributed to their wide availability and established manufacturing processes.
The fastest-growing segment in the collagen peptides market is marine & poultry collagen. Marine collagen peptides are derived from fish scales and skin, while poultry collagen peptides are obtained from chicken or turkey cartilage. These sources are gaining popularity due to their unique properties and potential benefits. Marine collagen peptides are known for their high bioavailability and compatibility with human collagen, making them highly sought after in the beauty and nutraceutical industries. Poultry collagen peptides are also gaining traction, especially in the sports nutrition sector, as they are rich in type II collagen, which is beneficial for joint health. The growth of marine and poultry collagen peptides can be attributed to the increasing demand for alternative collagen sources, as well as the rising preference for sustainable and animal-friendly options.
To get detailed analysis on other segments, Request For Free Sample Report
North America dominated the global collagen peptides market. The region holds a significant share due to the high consumer awareness and strong demand for collagen-based products. The United States, in particular, is a key market for collagen peptides, driven by the increasing interest in health and wellness, beauty consciousness, and the aging population. The demand for collagen peptides is driven by various industries such as cosmetics, food and beverages, and pharmaceuticals. Additionally, North America has a well-established infrastructure for collagen production and processing, enabling manufacturers to meet the market demand efficiently.
The fastest-growing region in the global collagen peptides market is the Asia Pacific. The region is witnessing rapid market growth due to several factors. Growing disposable incomes, urbanization, and changing lifestyles have led to an increased focus on personal grooming and health-consciousness among consumers in countries like China, Japan, and South Korea. The beauty and skincare industry in these countries has witnessed significant growth, with collagen peptides being widely incorporated into various beauty and anti-aging products. Additionally, the region has a rich heritage of traditional medicine, where collagen-based supplements and functional foods are popular. The Asia Pacific region offers immense market potential and growth opportunities for collagen peptide manufacturers and is expected to continue its expansion in the coming years.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Collagen Peptides Market Drivers
Growing Aging Population
Expanding Beauty and Personal Care Industry
Collagen Peptides Market Restraints
Stringent Regulations
Availability of Alternatives
Request Free Customization of this report to help us to meet your business objectives.
The competitive landscape of the global collagen peptides market is characterized by intense competition among various players. The market is highly fragmented, with numerous companies operating regionally and globally, striving to capture a significant share of the market. Key players in the collagen peptides market focus on research and development activities to develop innovative products and expand their product portfolios. They also emphasize strategic partnerships, collaborations, and acquisitions to strengthen their market position and gain a competitive advantage. Additionally, marketing and promotional activities play a crucial role in creating brand awareness and attracting consumers. The market is witnessing increasing entry of new players, particularly in emerging economies, which further intensifies the competition. These players often focus on offering cost-effective collagen peptide products to gain a foothold in the market. However, established players benefit from their experience, established distribution networks, and strong relationships with suppliers, giving them a competitive edge. Furthermore, the global collagen peptides market is witnessing advancements in production technologies to enhance efficiency and reduce costs. Manufacturers are investing in process optimization and quality control to meet the stringent regulatory requirements and maintain product consistency and quality.
Collagen Peptides Market Top Player’s Company Profiles
Collagen Peptides Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global collagen peptides market analysis, the market is experiencing significant growth and is poised for further expansion in the coming years. The market is driven by increasing consumer awareness of the health benefits associated with collagen peptides, such as joint support, skin health, and overall well-being. The beauty and skincare industry, as well as the sports nutrition sector, are key drivers of market growth. Additionally, the demand for clean label and natural products has led to the emergence of collagen peptides derived from organic and sustainable sources. The market is witnessing technological advancements and product innovations, including novel delivery formats and improved functionalities. Moreover, the growing market penetration in emerging economies presents immense opportunities for manufacturers to cater to the rising consumer demand. However, challenges such as ethical and sustainability concerns, high manufacturing costs, and stringent regulations need to be addressed to ensure sustained growth. Overall, with the increasing popularity of collagen peptides and the expanding applications in various industries, the global market is expected to thrive in the coming years.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 667.7 million |
Market size value in 2031 | USD 1109.05 million |
Growth Rate | 5.8% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Million |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Collagen Peptides Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Collagen Peptides Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Collagen Peptides Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Collagen Peptides Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG35I2272
sales@skyquestt.com
USA +1 351-333-4748