Growing demand for collagen peptides in various industries, driving market projected to reach USD 1118.20 million
From GlobeNewswire: 2025-01-23 09:00:00
The Collagen Peptides Market is projected to reach USD 1118.20 Million by 2032, with a CAGR of 5.6% from 2024 to 2032. Key trends driving this growth include the rising demand for clean-label and functional products due to increased consumer awareness about health and wellness.
Collagen peptides are widely used in functional foods, beverages, cosmetics, and pharmaceuticals to promote joint health, skin elasticity, muscle recovery, and anti-aging properties. Bovine collagen peptides led the market in 2023, accounting for over 45% of the market share, while marine collagen peptides are emerging as a significant segment.
In 2023, the food & beverage segment accounted for approximately 38% of the market, driven by the growing demand for collagen peptides in functional foods and beverages due to their health benefits. North America dominated the market in 2023, followed by Europe and Asia-Pacific, with the latter expected to witness the fastest growth due to increasing disposable income and health consciousness.
Advancements in collagen peptide production technologies, such as sustainable extraction processes and tailored peptide production, are enhancing product quality and expanding application areas. Companies are focusing on producing collagen peptides from novel sources like fish scales and algae to cater to specific application requirements.
Recent developments in the Collagen Peptides Market include Rousselot introducing a new range of marine collagen peptides targeting the beauty-from-within segment in 2023. The market continues to evolve with innovations in production methods and increasing demand for collagen peptides in various industries. Gelita AG expands production facilities in North America to meet demand for collagen peptides in dietary supplements and functional foods. Nitta Gelatin Inc. launches collagen peptides for sports nutrition, supporting muscle recovery and joint health for athletes. The market for collagen peptides is growing, with a focus on sustainability and high performance in personal care products.
The collagen peptides market is defined by key points such as market overview, competitive landscape, research methodology, and market dynamics impact analysis. Statistical insights and trends reporting include production capacity, feedstock prices, regulatory impact, environmental metrics, and innovation/R&D in 2023. The market is segmented by source, form, and application, with regional analysis and company profiles provided.
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