Collagen Peptides Market Size is valued at 664.9 Mn in 2022 and is predicted to reach 1,185.7 Mn by the year 2031 at an 6.76% CAGR during the forecast period for 2023-2031.
The growing demand for functional foods, dietary supplements, beverages, cosmetics and personal care products, technological advancements in collagen extraction techniques, and the constant efforts in R&D activities by the companies operating in the collagen peptides market would provide lucrative opportunities for product innovations and improvements.
In recent years, collagen peptides have evolved in popularity in the health and wellness industry. In addition, they are widely used in the food industry to produce candies and chocolates. The collagen peptides can help improve skin and bone health as well.
However, several other alternatives, like alginate, cellulose, polylactic acid, etc., have been used in regenerative medicine, which is anticipated to hinder the growth of the collagen peptides market.
Competitive Landscape
Some of the Key Players in the Collagen Peptides Market :
- Tessenderlo Group (Belgium)
- Gelita AG (Germany)
- Holista Colltech (Australia)
- Darling Ingredients (US)
- Nitta Gelatin, Inc. (Japan)
- Gelnex (Brazil)
- Lapi Gelatin S.p.a (Italy)
- Weishardt (France)
- Crescent Biotech (India)
- Foodmate Co., Ltd. (China)
- Viscofan DE GmbH (Germany)
- Biocell Technology (US)
- Amicogen, Inc (South Korea)
- Kayos (India)
- Aspen Naturals (US)
- Vital Proteins LLC (US)
- Chaitanya Agro Biotech Pvt. Ltd. (India)
- Ewald Gelatin (Germany)
- Peptech Colageno do Brasil Ltda (Brazil)
- BSA Pharma Inc (India)
- NEW ALLIANCE FINE CHEM PVT. LTD (India)
- JELLICE GELATIN & COLLAGEN (Netherlands)
- Rudra Bioventures Pvt. Ltd. (India)
- ALPSURE LIFESCIENCES PRIVATE LIMITED (India)
- Other Prominent Players
Market Segmentation:
The collagen peptides market is segmented based on source, application, and form. The source segment comprises bovine, porcine, marine & poultry. By application, the collagen peptides market is categorized into food & beverages, nutritional products, cosmetics & personal care products, and pharmaceuticals. The form segment has two groups: dry and liquid.
Bovine Is Expected To Dominate The Collagen Peptides Market In The Upcoming Years.
By source, the bovine group dominated the market in 2022. Technological advances have made obtaining collagen from different sources more comfortable, providing a variety of collagen peptide products to meet specific preferences and diet needs. Bovine-based production of collagen peptides is an economical process. Animal products such as cow skin, bones, ligaments and other body parts are readily available as they are the most consumed meat in the world. The augmented production of collagen peptides and the ease of availability of raw materials are projected to drive market expansion over the forecast period.
The Rising Use Of Collagen In The Food And Beverages Industry Is Anticipated To Accelerate Market Growth.
By application, the food & beverages segment led the collagen peptides market share in 2022. This growth can be attributed to collagen properties like peptides’ absorption capacity, texturizing, & thickening. Collagen is one of the most critical proteins in the human body, providing support to tissues and muscles. This will encourage the use of collagen peptides in food products, thereby supporting industry revenue growth over the forecast period.
Moreover, collagen peptides are used in dietary supplements to maintain healthy and active lifestyles. Cosmetics & personal care products are also expected to raise the demand for collagen peptides in the forthcoming years. For instance, in December 2022, Nitta Gelatin, a collagen peptide supplier, announced that its freshwater fish collagen peptides had been certified to Aquaculture Stewardship Council (ASC) standards. The ingredients are part of Nitta Gelatin’s Wellnex Replenwell line of collagen peptides that helps in reducing the visible signs of skin ageing, including wrinkles, dryness, and loss of elasticity.
Regionally, Europe Led The Collagen Peptides Market In 2022.
Europe is one of the leading regions in the pharmaceutical industry. Hence, collagen peptides are widely used in biomedical applications. Major players such as Tessenderlo Group (Belgium), Gelita AG (Belgium), and Lapi Gelatine S.p.A (Italy) are headquartered in this region, making Europe an important area for the collagen peptide market.
Some factors contributing to regional growth are growing public health awareness, well-established industries, and R&D investments for product innovations.
Collagen Peptides Market Report Scope
|
Report Attribute |
Specifications |
|
Market Size Value In 2022 |
USD 664.9 Mn |
|
Revenue Forecast In 2031 |
USD 1,185.7 Mn |
|
Growth Rate CAGR |
CAGR of 6.76 % from 2023 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2023 to 2031 |
|
Historic Year |
2019 to 2022 |
|
Forecast Year |
2023-2031 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
By Source, By Application, By Form |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
|
Competitive Landscape |
Tessenderlo Group (Belgium), Gelita AG (Germany), Holista Colltech (Australia), Darling Ingredients (US), Nitta Gelatin Inc. (Japan), Lapi Gelatin S.p.a (Italy), Weishardt (France), Crescent Biotech (India), Foodmate Co., Ltd. (China), Kayos (India), Aspen Naturals (US), Biocell Technology (US), Viscofan DE GmbH (Germany), Amicogen, Inc (South Korea), Kayos (India), Rudra Bioventures Pvt. Ltd. (India), Chaitanya Agro Biotech Pvt. Ltd. (India), ALPSURE LIFESCIENCES PRIVATE LIMITED (India), JELLICE GELATIN & COLLAGEN (Netherlands), and Others |
|
Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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