Collagen Peptides Market Expansion Driven by Functional Food Trends

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, which are short chains of amino acids derived from collagen. These peptides are produced through the hydrolysis of collagen, a structural protein found in the connective tissues of animals, including skin, bones, and cartilage. The market encompasses a wide range of applications, including dietary supplements, functional foods and beverages, cosmetics, and pharmaceuticals.

The growth of the collagen peptides market is driven by increasing consumer awareness of the health benefits associated with collagen consumption, such as improved skin elasticity, joint health, and muscle recovery. Additionally, the aging population and rising prevalence of chronic diseases contribute to the demand for collagen-based products. Innovations in extraction and production technologies also play a significant role in market expansion.

Key players in the collagen peptides market include manufacturers, suppliers, and distributors who are involved in the development of new formulations and product innovations.

These companies are often engaged in extensive research and development activities to improve the efficacy and application of collagen peptides across various industries. Market competition is intense, with companies striving to gain a competitive edge through quality, sustainability, and customer engagement.

The market is segmented based on source, application, and region. Sources of collagen peptides include bovine, porcine, marine, and poultry. Applications range from nutraceuticals to cosmetics, each catering to specific consumer needs and preferences. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and other regions, with each region exhibiting unique growth patterns and market dynamics.

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.