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Collagen Peptides Market

Collagen Peptides Market by Source (Bovine, Porcine, Marine, Poultry), by Application (Food and Beverage, Nutritional Products, Cosmetics and Personal Care, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

A17232
Pages: 180
Jul 2022 | 155 Views
Author(s) : Pankaj Darbarsingh Jadhav , Vitika Verma
Tables: 122
Charts: 54
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COVID-19

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Collagen Peptides Market Research, 2030

The global collagen peptides market size was $696.00 million in 2021, and is projected to reach $1.22 billion by 2030, growing at a CAGR of 6.66% from 2022 to 2030.

The COVID-19 pandemic has impacted production of collagen peptides in a variety of industries including sports nutrition, food & beverages, dairy, cosmetics, and meat & poultry.

Collagen Peptides Market, Collagen Peptides Industry, Collagen Peptides Market Size, Collagen Peptides Market Share, Collagen Peptides Market Trends, Collagen Peptides Market Growth

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The collagen peptides market is segmented into Application and Source.

Collagen is produced in the human body with the help of amino acids. Collagen forms the core of the human skin. Bones, muscles, skin, and tendons contain collagen. It is a crucial component of connective tissue and it is primarily responsible for skin elasticity and bone health. Collagen is of 28 different types with various structures and is one of the most important aspects of the human body.

Collagen levels in the human body decline as collagen fibers get thinner and weaker with age. As a result of decrease in the level of collagen, skin ageing and joint pain can be caused. Collagen peptides are more easily absorbed into the bloodstream than endogenous collagen, owing to shorter amino acid chains. Collagen peptides have nutritional and physiological qualities that are identical to endogenous collagen and help to maintain bone, joint, and skin health. It is thus used in manufacturing of products such as face creams, serums, shampoos, body lotion, and in nutritional supplements for bones.

Awareness among people regarding their skin & health is a primary factor driving revenue growth of the collagen peptides market. It is observed since the emergence of COVID-19 pandemic, adoption of an inactive or sedentary lifestyle has increased. It is projected sedentary lifestyle can drive demand for collagen peptides as it helps to lessen health complications such as heart failure and joint pain. Due to increasing demand for collagen peptides from the food & beverages sector, it is anticipated to boost the market revenue growth in the upcoming years.

Collagen peptides are derived from collagen of slaughtered animals such as cattle, pigs, fish, and poultry. Demand for collagen peptides differs depending on the region with different limitations and eating habits. For example, the Middle Eastern countries have the highest percentage of people where pork and pork derived products are strictly prohibited. Individuals who do not consume animal products due to religious or personal values will also avoid collagen peptide-based products. This is a factor expected to hinder revenue growth of the global market.

As a result of globalization and exposure to various cultures, notably western lifestyles, consumer eating habits have changed with a rise in snacking and eating meals in restaurants. Nutritional deficiencies increase the risk of chronic and cardiovascular diseases such hypertension, cancer, obesity, and diabetes. This has a direct impact on demand for collagen peptide products, which is expected to continue to fuel market revenue growth in the projected timeframe.

The key players profiled in this report include Tessenderlo Group, Darling Ingredients, GELITA AG, Holista Colltech, Collagen Solutions Plc, Nitta Gelatin India Limited, Amicogen, Gelnex, FOODMATE CO., LTD., and Ewald-Gelatine GmbH.

The global collagen peptides industry is segmented on the basis of source, application, and region. By source, it is classified into bovine, porcine, marine, and poultry. By application, it is classified into nutritional products, food & beverages, cosmetics & personal care, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Collagen Peptides Market
By Source

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The marine sub-segment is projected to grow with the highest CAGR from 2022 - 2030

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By source, the bovine sub-segment dominated the market in 2021. The production of collagen peptides from bovine is an economical process. As the bovine animal organs such as skin, bones, ligaments, and other body parts are the most consumed meats globally, thus they are easily available. The ease of availability of raw materials and economical process of production of collagen peptides are factors expected to fuel the market expansion in the forecast period. The marine sub-segment is expected to grow at the fastest rate throughout the forecast period.

Collagen Peptides Market
By Application

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The nutritional products sub-segment held a major market share in 2021

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By application, the food & beverages sub-segment dominated the global collagen peptides market share in 2021. Revenue growth of this sub-segment can be attributed to collagen peptides’ absorption capacity, texturizing, and thickening qualities. Thus, collagen peptides are widely used in the food & beverage industry. Collagen is one of the most important proteins in the human body, as it provides structural support to tissues and muscles. This aspect will boost use of collagen peptides in nutritional products, boosting market revenue growth throughout the forecast period. Rising applications of collagen peptides in the food & beverages sector are projected to drive revenue growth of the sub-segment during the forecast period.

Collagen Peptides Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

The Asia-Pacific region is projected to grow with a CAGR of 7.79% from 2022 - 2030

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By region, North America is predicted to dominate the global market and remain the fastest growing region during the forecast period, providing numerous investment opportunities in the global market in the next years.

Collagen based supplements are becoming increasingly popular in the North America as a source of energy and nutrition. Collagen peptides are also being used in healthcare business in the region to produce regenerative medications for arthritis control due to their multifunctional qualities. These factors are expected to drive revenue growth of the market in the region throughout the forecast period. Moreover, demand for collagen peptides in the cosmetics industry is booming in North America, due to rising awareness regarding health and increasing use of collagen peptides in the cosmetics industry.

Highlights of the Report

  • The global collagen peptides market size was $696.00 million in 2021, and is projected to reach $1.22 billion by 2030, growing at a CAGR of 6.66% from 2022 to 2030.
  • The report provides exclusive and comprehensive analysis of the global collagen peptides market trends along with the collagen peptides market forecast
  • The report elucidates the collagen peptides market opportunity along with key drivers, and restraints of the market. It is a compilation of detailed information, inputs from industry participants and industry experts across the value chain, and quantitative and qualitative assessment by industry analysts.
  • Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the market for strategy building
  • The report entailing the collagen peptides market analysis maps the qualitative sway of various industry factors on market segments as well as geographies
  • The data in this report aims on market dynamics, trends, and developments affecting the collagen peptides market growth.

Impact of COVID-19 on the Global Collagen Peptides Industry

  • The COVID-19 pandemic has impacted production of collagen peptides in a variety of industries including sports nutrition, food & beverages, dairy, cosmetics, and meat & poultry
  • The pandemic impacted almost all industries, and as a result, all collagen peptides manufacturing businesses suspended operations due to import-export restrictions, lockdowns enforced in various countries, and labor shortage
  • Due to the fall in meat consumption around the world, social distancing norms, restricted borders, and production limits had a negative impact on the collagen peptides market revenue growth. 
  • However, post COVID-19 pandemic, the market is expected to expand due to a considerable increase in demand for supplements around the world due to requirement for stronger immunity

Key Market Segments

  • Application
    • Food and Beverage
    • Nutritional Products
    • Cosmetics and Personal Care
    • Others

  • Source
    • Bovine
    • Porcine
    • Marine
    • Poultry

  • By Region
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • United Kingdom
      • France
      • Spain
      • Italy
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • Rest Of Asia Pacific
    • LAMEA
      • Brazil
      • Saudi Arabia
      • UAE
      • South Africa
      • Rest of LAMEA

Key Market Players

  • Darling Ingredients (Rousselot)
  • NITTA GELATIN, INC.
  • Gelnex.
  • GELITA AG
  • FOODMATE CO., LTD.
  • Naturin Viscofan GmbH
  • Tessenderlo Group (PB Leiner)
  • Weishardt Group
  • Lapi Gelatine S.p.a.
  • Ewald-Gelatine
 

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Increase in awareness regarding health benefits associated with consumption of collagen peptides is the key factor that is projected to drive revenue growth of the global collagen peptides market during the forecast period. In addition, vast application of collagen peptides in various industries such as sports nutrition, food & beverages, dairy, cosmetics, and meat & poultry is expected to fuel the market revenue growth during the projection time. However, collagen peptides are obtained from the collagen of slaughtered animals which restricts consumption of collagen peptide due to some religious beliefs and this factor is expected to hamper revenue growth of the market during the forecast period. On the contrary, rapid demand for supplements to maintain health and nutritional intake are anticipated to provide remunerative opportunities for key players to maintain pace of the collagen peptides market in the upcoming years.

Among the analyzed regions, North America is expected to account for the highest revenue share in the market by the end of 2031, followed by Asia-Pacific, Europe and LAMEA.

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FREQUENTLY ASKED QUESTIONS?

A. The diverse applications of collagen peptides across nutrition, food & beverages, and other sectors is the major market driver. Additionally, increase in use of collagen peptides in cosmetics & personal care and pharmaceutical sector is estimated to generate excellent opportunities in the collagen peptides market.

A. The major growth strategies adopted by collagen peptides market players include product development and joint ventures.

A. North America will provide more business opportunities for the global collagen peptides market in the future.

A. Tessenderlo Group, Darling Ingredients, GELITA AG, Holista Colltech, Collagen Solutions Plc, Nitta Gelatin India Limited, Amicogen, Gelnex, FOODMATE CO., LTD., and Ewald-Gelatine GmbH. are the major players in the collagen peptides market.

A. Food & beverages sub-segment acquired the maximum share of the global collagen peptides market in 2021.

A. Food & beverage and cosmetics & personal care industries are the major the major customers in the global collagen peptides market.

A. The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global collagen peptides market from 2021 to 2030 to determine the prevailing opportunities.

A. Use of collagen peptides as an anti-ageing agent in the cosmetics and personal care industry is estimated to drive adoption of collagen peptides.

A. Rising application of collagen peptides in various sectors such as food & beverage and cosmetics & personal care is anticipated to boost the collagen peptides market in the upcoming years.

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