Global Collagen Peptides Market Growth - CAGR of 5.1% During Forecast Period 2020-2028

April 05, 2022 8:22 AM EDT | Source: Emergen Research

Vancouver, British Columbia--(Newsfile Corp. - April 5, 2022) - The global collagen peptides market size was USD 608.7 Million in 2020 and is expected to reach USD 913.1 Million in 2028 registering a CAGR of 5.1% over the forecast period, according to latest assessment by Emergen Research. The projected revenue growth can be attributed to increasing importance for protein intake and rising consumer awareness regarding benefits of collagen peptides in cosmetics products.

Collagen peptides are used in functional food products and provides various health benefits beyond basic nutrition and is known to exhibit essential psychological functions with a positive impact on health. Owing to multiple and proven health benefits, collagen peptides are increasingly being used to enhance nutritional value in various functional food products.

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Key players in the global collagen peptides market are:

Gelita AG, Tessenderlo Group, Holista Colltech, Darling Ingredients, Nitta Gelatin, Amicogen Inc., Ewald-Gelatine, Nippi Inc., Weishardt, and Vital Proteins.

Collagen peptides Market Driver:

Advancements in research and in biotechnology have been resulting in collagen peptides having found applications in various nutricosmetics and personal care products. Rising demand for collagen-based supplements from consumers to prevent pre-mature aging and improve skin and hair health are key factors also expected to support market growth to a significant extent going forward.

Extensive R&D activities to develop a vast range of customized novel products and favorable initiatives by governments to promote healthy diet are some key factors expected to create new growth opportunities for players operating in the global market during the period period. Collagen peptides are known to offer a wide range of health benefits.

Some Key Highlights in the Report:

  • The growing trend towards sports and fitness among an increasing consumer base of nutritional products has resulted in rising demand for collagen supplements in the recent past. Revenue from the market in Europe is expected to register a stable CAGR during the forecast period.
  • The market in Asia Pacific is expected to register a rapid revenue CAGR during the forecast period mainly due to growing demand for collagen supplements from the sports nutrition industry and competitive strategies adopted by various companies to develop and launch more novel products in the market.
  • In January 2021, Nitta Gelatin, which is a leading manufacturer of gelatin in India, launched premium gelatin with Japanese technology in the HoReCa category. The premium gelatin will allow food connoisseurs to prepare various desserts, jellies, frozen sweets, soft candies, and marshmallows at international standards.
  • North America accounted for largest revenue share in 2020 due to increasing application of collagen peptides in supplements owing to multifunctional properties such as reducing muscle soreness, controlling arthritis, improving overall bone health, and alleviating some skin conditions. An increasing number of consumers in the U.S. and Canada are incorporating collagen-based products into their diet for better health and nutrition. Change in consumer behavior is a key factor fueling demand for collagen-based supplements, thereby driving market growth.

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Emergen Research has segmented the collagen peptides market in terms of source, form, application, and region:

  • Source Outlook (Revenue, USD Million; 2018-2028)
    • Bovine
    • Porcine
    • Marine & Poultry
  • Form Outlook (Revenue, USD Million; 2018-2028)
    • Dry
    • Liquid
  • Application Outlook (Revenue, USD Million; 2018-2028)
    • Nutritional Products
    • Food & Beverage
    • Pharmaceuticals
    • Cosmetics & Personal Care Products

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  • Regional Outlook (Revenue, USD Million; 2018-2028)
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • BENELUX
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Rest of APAC
    • Latin America
      • Brazil
      • Rest of LATAM
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • South Africa
      • Turkey
      • Rest of MEA

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Key Highlights from Table of Content:

Chapter 9. Competitive Landscape

9.1. Market Revenue Share By Manufacturers

9.2. Mergers & Acquisitions

9.3. Competitor's Positioning

9.4. Strategy Benchmarking

9.5. Suppliers Landscape

9.6. Raw Material suppliers

9.6.1. North America

9.6.2. Europe

9.6.3. Asia Pacific

9.6.4. Middle East & Africa

9.6.5. Latin America

9.7. Service Providers

9.7.1. North America

9.7.2. Europe

9.7.3. Asia Pacific

9.7.4. Middle East & Africa

9.7.5. Latin America

9.7.6. Others

Chapter 10. Company Profiles

10.1. GELITA AG

10.1.1. Company Overview

10.1.2. Financial Performance

10.1.3. Technology Insights

10.1.4. Strategic Initiatives

10.1.5. Emergen Research Insights

10.2. Tessenderlo Group

10.2.1. Company Overview

10.2.2. Financial Performance

10.2.3. Technology Insights

10.2.4. Strategic Initiatives

10.2.5. Emergen Research Insights

10.3. Holista Colltech

10.3.1. Company Overview

10.3.2. Financial Performance

10.3.3. Technology Insights

10.3.4. Strategic Initiatives

10.3.5. Emergen Research Insights

10.4. Darling Ingredients

10.4.1. Company Overview

10.4.2. Financial Performance

10.4.3. Technology Insights

10.4.4. Strategic Initiatives

10.4.5. Emergen Research Insights

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