Collagen Peptide Market - Forecast(2023 - 2028)

Collagen Peptide Market size is estimated to reach $634 million by 2026, growing at a CAGR of 5.8% during the forecast period 2021-2026. Collagen peptides are very small pieces of collagen that are versatile sources of protein and an essential element of healthy nutrition. Collagen peptides are characterized by high levels of amino acids and contains 8 of the 9 essential amino acids. Collagen Peptides are increasingly being adopted in the pharmaceutical industry owing to their various health benefits, such as improved bone health, arthritis relief, and bone loss prevention. The rise in the adoption of bovine-based collagen peptides and gelatin in a wide range of applications, such as beverages, and high protein foods, increase in the demand for porcine collagen peptides in dietary supplements, rise in the adoption of collagen peptides in the cosmetic industry, and growing investment by the key players to develop quality collagen peptides are the factors that are set to drive the growth of the Collagen Peptide Market for the period 2021-2026.


Download Report Sample 


Report Coverage

The report: “Collagen Peptide Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Collagen Peptide Market.

By SourceBovine, Marine, Porcine, Poultry, and Others.

By Form: Dry and Liquid.

By Application: Food & Beverages, Pharmaceuticals, Cosmetic & Personal Care, Nutritional Products, and Others.

By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World (Middle East and Africa).

Key Takeaways

  • Geographically, North America Collagen Peptide Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the rise in the demand for bovine-based collagen peptides and gelatin in beverages and high protein foods.

  • The increase in the popularity of bovine collagen peptides in the cosmetic industry is driving the Bovine segment. However, the high cost of collagen peptides is one of the major factors that is said to reduce the growth of the Collagen Peptide Market.

  • Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Collagen Peptide Market report. 

    Collagen Peptide Market Drivers

    Rise in the Demand for Bovine Collagen Peptides

    Bovine collagen peptides are increasingly being adopted in a wide range of applications, such as beverages, sports nutrition, and high protein foods owing to the growing demand for amino acid-derived products in the food and beverages industry. Bovine collagen peptides also provide various health benefits, such as improved bone health, arthritis relief, and bone loss prevention, which is one of the major factors driving the growth of the Collagen Peptide Market.

    Increase in the Adoption of Collagen Peptides in the Cosmetic Industry

    Collagen Peptides, such as bovine, marine, and porcine are extensively being used in various skin cream products to moisturize skin diminish the appearance of wrinkles. The cosmetics manufacturers are using fish collagen powder in healthy aging creams and nutraceuticals, which is further propelling the growth of the Collagen Peptide Market.

    Collagen Peptide Market Challenges

    High Cost of Collagen Peptides

    The key players in the market are increasing their investment to carry out various research and development activities for launching bovine and porcine collagen peptides and gelatin. However, the high cost of collagen peptides is one of the major factors that is estimated to reduce the growth of the Collagen Peptide Market.

    Collagen Peptide Market Competitive Landscape:

    Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Collagen Peptide Market. Key companies of this market are Tessenderlo Group, Gelita AG, Darling Ingredients, Gelnex, Holista CollTech, Nitta Gelatin, Ewald-Gelatine, Crescent Biotech, Collagen Solutions, and Amicogen Inc. among others.

    Expansions/Product Launches:




    • In January 2021, Darling Ingredients Inc has launched Peptan® Marine collagen peptides that are sourced from 100% wild-caught marine white fish to help beauty and nutrition brands expand their portfolio with premium dietary supplements.
    • In January 2021, Gelita AG has launched collagen peptides to broaden its proprietary portfolio of Bioactive Collagen Peptides (BCP) to expand its immunity sector for responding to the increasing consumer need for better immunity.
    • In February 2020, Tessenderlo Group-owned PB Leiner has expanded its production facilities by opening a new production site in Argentina to allow for a considerable extra production of SOLUGEL™ collagen peptides and to meet the global demand for collagen peptides.

  • Buy Now

  • "We also publish more than 100 reports every month in “Food and Beverage”, Go through the Domain if there are any other areas for which you would like to get a market research study." 

Comments

Popular posts from this blog

US Artichokes Market - Supply Demand Analysis, Top Trends, Future Growth and Forecast (2022-2027)

Medical Nutrition Forecast, 2021-2026

Dough Product Market Forecast, 2021-2026