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InsightAce Analytic Pvt. Ltd. announces the release of the market assessment report on “Global Collagen Peptides Market Size, Share & Trends Analysis Report By Source (Bovine, Porcine, Marine & Poultry), By Form (Dry, Liquid), By Application (Food & Beverages, Nutritional Products, Cosmetics & Personal Care Products, Pharmaceuticals) Market Outlook And Industry Analysis 2031″
According to the latest research by InsightAce Analytic, the global Collagen Peptides Market size is valued at US$ 664.9 Mn in 2022, and it is expected to reach US$ 1,185.7 Mn in 2031, recording a promising CAGR of 6.76% during the forecast period of 2023-2031.
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$ MMnillion 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 |
Free PDF Report Broucher: https://www.insightaceanalytic.com/request-sample/2271
Collagen supplements are famous for skin and muscle improvements. These supplements are available in various forms, like capsules, powders, and liquids that can be easily mixed with food and drinks. Also, the demand for bovine-based collagen and gelatin is expected to grow significantly in the near future due to their unique properties, including the high protein content and the ability to form strong, flexible and stable gels.
Healthy eating is promoted by government agencies and organizations such as the World Health Organization and FAO to increase consumer awareness, skills, preferences, attitudes and eating habits and nutrition. These organizations work to promote health.
Some of the prominent players in the Collagen Peptides Market are:
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Market Dynamics:
Drivers:
Collagen supplements are famous for supporting skin, joints, and improving muscle tone, and these supplements can also be taken in various forms, such as capsules, powders, and liquids. Government initiatives toward a healthy lifestyle would lead to an increase in the demand for these products in the coming years, in turn surging the collagen peptides market.
Furthermore, increasing efforts by companies to use hydrolyzed products to treat bone diseases such as osteoarthritis could ensure the market’s growth over the forecast period. Rising awareness about health & skin wellness is one of the primary factors driving market growth opportunities. Increasing sedentary or inactive lifestyles will likely boost the demand for collagen peptides owing to their ability to improve health complications.
Challenges:
Collagen peptides are usually derived from animals from materials such as cowhide, fish scales or chicken bones. Ethical and sustainability issues related to animal health, overfishing and environmental impacts are creating challenges for the collagen industry.
A Deloitte survey (March 2021) on consumer attitudes and behaviour regarding sustainability shows how consumers think about sustainability and the environment. As consumers become more aware of these issues, manufacturers have to be more attentive and careful while sourcing and production practices of collagen peptides. Due to these factors, companies choose alternative options to collagen, which is anticipated to limit business expansion during the forecast period.
Regional Trends:
Europe, followed by North America, is expected to capture the largest revenue share of the collagen peptides market in the upcoming years due to the rising health consciousness among the public and the increasing pharma and cosmetics industries in this region. Moreover, the Asia Pacific market is projected to witness rapid growth over the forecast period. Due to the growing use of collagen peptides in various applications, including food & beverages, cosmetics, pharmaceutical and nutraceutical products, improved R&D techniques.
Key developments in the market:
Market Segments
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on Source
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on Application
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on Form
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on Region
North America Collagen Peptides Market Revenue (US$ Million) by Country, 2023 to 2031
Europe Collagen Peptides Market Revenue (US$ Million) by Country, 2023 to 2031
Asia Pacific Collagen Peptides Market Revenue (US$ Million) by Country, 2023 to 2031
Latin America Collagen Peptides Market Revenue (US$ Million) by Country, 2023 to 2031
Middle East & Africa Collagen Peptides Market Revenue (US$ Million) by Country, 2023 to 2031
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Why should buy this report:
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis of key market insights in a timely and cost-effective manner.
