Overview
Global Collagen Peptides Market size is expected to be worth around USD 1411 Million by 2033, from USD 818 Million in 2023, growing at a CAGR of 5.6% during the forecast period from 2023 to 2033.
The collagen peptides market refers to the global industry focused on the production, distribution, and sale of collagen peptides. Collagen peptides, also known as hydrolyzed collagen, are short chains of amino acids derived from collagen, a protein abundantly found in the connective tissues of animals. These peptides are created through a process called hydrolysis, which breaks down the molecular bonds between individual collagen strands, making them easier for the body to absorb.
Demand for collagen peptides is driven by their numerous health benefits, including improved skin elasticity, joint health, and muscle recovery. They are widely used in dietary supplements, functional foods, beverages, and cosmetics. The growing awareness of these benefits, along with an increasing interest in health and wellness, has significantly boosted the market's growth.
The collagen peptides market is segmented based on source (bovine, porcine, marine, and poultry), application (nutraceuticals, cosmetics, and pharmaceuticals), and geography. North America and Europe are currently leading markets due to high consumer awareness and robust product availability. However, the Asia-Pacific region is expected to witness substantial growth owing to rising disposable incomes and an increasing focus on health supplements.
Key players in the collagen peptides market include companies like Rousselot, Gelita AG, and Nitta Gelatin, Inc., among others. These companies are investing in research and development to innovate and expand their product lines, catering to a broader range of applications. Strategic collaborations, mergers, and acquisitions are also common strategies to enhance market presence and meet the growing global demand.
Key Market Segments
By Source
- Bovine
- Pigskin
- Marine Poultry
- Others
By Form
- Dry
- Liquid
By Application
- Food beverages
- Pharmaceuticals
- Cosmetics
- Nutraceuticals
- Others
Download a sample report in MINUTES@ https://market.us/report/collagen-peptides-market/#requestSample
In 2023, the bovine segment held a dominant position in the collagen peptides market, capturing over 38.6% share. This segment benefits from the widespread availability and cost-effectiveness of bovine sources. Bovine collagen peptides are popular due to their high compatibility with the human body, extensively used in supplements for joint and bone health, as well as in skin care products for their anti-aging properties.
The dry form of collagen peptides also led the market in 2023, with a commanding 64.6% share. Favored for its convenience, long shelf life, and ease of incorporation into various products such as powders, capsules, and tablets, dry collagen is particularly popular in the dietary supplements market. Its ease of storage and transportation makes it a practical choice for manufacturers and consumers alike.
Additionally, the food and beverages segment captured over 46.3% of the market share in 2023. This segment leads due to the increasing incorporation of collagen peptides into a variety of products such as snacks, beverages, dairy products, and confectionery. Collagen’s nutritional benefits, including enhanced protein content and support for overall health, make it a popular ingredient among health-conscious consumers.
Market Key Players
- Advanced BioMatrix, Inc.
- Amicogen
- Collagen Solutions Plc
- ConnOils LLC
- Darling Іngrеdіеntѕ Іnс.
- Ewald-Gelatine GmbH
- FOODMATE CO. LTD.
- Gelita AG
- GELNEX
- Holista CollTech Ltd.
- ITALGELATINE S.p.A.
- Juncà Gelatines SL
- Nestle SA
- Nippi Inc.
- Nitta Gelatin, NA Inc.
- Resendable Group
- Rousselot
- Symantec
- Tessenderlo Group NV
- Titan Biotech
- Weishardt Holding SA
- Xiamen Yiyu Biological Technology Co., Ltd.
Driver: A significant driver for the Collagen Peptides Market is the rising global awareness of health and wellness. This trend boosts demand for products that promote skin health, enhance joint mobility, and improve overall vitality. Recognized for improving skin elasticity, strengthening joints and bones, and aiding muscle recovery, collagen peptides are increasingly popular in dietary supplements and functional foods.
Restraint: A major restraint in the Collagen Peptides Market is the ethical and sourcing concerns related to animal-derived collagen production. Collagen peptides are primarily sourced from animal bones, skin, and connective tissues, raising ethical, environmental, and sustainability issues. These concerns influence consumer preferences and market dynamics.
Opportunity: A significant opportunity within the Collagen Peptides Market is the development of plant-based collagen alternatives. As consumer preferences shift towards ethical, sustainable, and vegetarian-friendly products, the demand for plant-based options is increasing. This trend offers manufacturers a chance to innovate and capture a new market segment seeking alternatives to animal-derived collagen.
Trend: A prominent trend in the Collagen Peptides Market is the increased incorporation of collagen peptides into functional foods and beverages. Driven by growing consumer demand for products that provide specific health benefits, manufacturers are adding collagen to everyday food and drink items. This makes it easier for consumers to integrate collagen into their daily diets, enhancing skin appearance, joint health, and overall wellness.
