The collagen peptide market has witnessed substantial trends in recent years, reflecting shifts in consumer preferences, beauty and wellness trends, and advancements in nutritional science. One notable trend is the increasing popularity of collagen peptides as a dietary supplement for skin health and anti-aging benefits. Consumers are becoming more conscious of their skin's appearance and are seeking products that support skin elasticity and hydration. Collagen peptides, known for their role in promoting collagen synthesis in the skin, have gained traction as a natural and effective solution to address these concerns.
Moreover, the collagen peptide market has seen a diversification of applications beyond traditional supplements. Collagen peptides are increasingly being incorporated into a variety of food and beverage products, such as functional beverages, snacks, and even confectionery items. This trend aligns with the broader movement towards "beauty from within," where consumers are seeking beauty-enhancing ingredients not only in topical products but also in their everyday diet.
On the health and wellness front, there is a growing trend of using collagen peptides to support joint and bone health. As the aging population increases, there is a heightened awareness of the importance of maintaining musculoskeletal health. Collagen peptides, with their role in providing structural support to joints and bones, have become a popular choice among consumers looking for natural solutions to promote mobility and overall joint well-being.
Furthermore, the collagen peptide market has responded to the demand for clean label and transparent sourcing. Consumers are increasingly scrutinizing product labels, and there is a preference for collagen peptides sourced from grass-fed and pasture-raised animals. This trend aligns with the broader movement towards sustainable and ethically sourced ingredients, as consumers seek products that align with their values and environmental concerns.
Global economic factors, including the impact of the COVID-19 pandemic, have influenced trends within the collagen peptide market. The pandemic has heightened the focus on health and wellness, driving increased interest in products that support immune health and overall well-being. Collagen peptides, with their multifaceted benefits, have emerged as a versatile ingredient, contributing to the market's growth in the context of broader health trends.
Moreover, the collagen peptide market has witnessed a surge in innovation with the development of novel formulations and delivery formats. Manufacturers are exploring new ways to make collagen peptides more palatable and convenient for consumers, leading to innovations in flavored powders, ready-to-drink beverages, and functional snacks. This trend reflects the industry's commitment to meeting consumer preferences for enjoyable and accessible collagen peptide products.
On the regulatory front, there is a growing effort to establish clear standards for collagen peptide products. Regulatory bodies are working to ensure the safety and quality of these supplements, providing guidelines for labeling and efficacy claims. Standardization and certification processes play a crucial role in building consumer trust and fostering the responsible growth of the collagen peptide market.
In terms of distribution, the collagen peptide market has adapted to the changing retail landscape, with increased availability in both traditional stores and online platforms. The rise of e-commerce has provided consumers with convenient access to a wide range of collagen peptide products, allowing for easy comparison and selection. The accessibility of these products online has contributed to the market's expansion beyond traditional retail channels.
Collagen Peptide Market Size was valued at USD 1.2 Billion in 2023. The collagen peptide market industry is projected to grow from USD 1.278 Billion in 2024 to USD 2.1 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.40% during the forecast period (2024 - 2032). The rising use of collagen peptides in various industries, including medicine, cosmetics, food, and pharmaceutical applications, has dramatically increased the price of these substances. Additionally fueling this increase is the rising consumer health consciousness in developing areas like Asia Pacific, South America, Africa, and the Middle East are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The rising demand in the personal care industry drives Market CAGR for collagen peptides. The skin's collagens are what gives the skin its structure. The collagen fibers in human skin suffer damage over time, losing thickness and strength, which causes the skin to age. Products for personal care and cosmetics employ collagen peptides. They are utilized as nutritional supplements for the bones and come as lotions. In addition, they are employed for soft skin augmentation and skin replacement. Numerous personal care items include soaps, shampoos, body lotions, and facial creams. Collagen peptide is utilized for face and hand rejuvenation, cosmetic surgery, and soft tissue augmentation in cosmetic applications. The dermal filler uses it to correct volume inadequacies and enhance facial contour. The demand for collagen peptides used in cosmetics and personal care products is expected to increase in the coming years as the world's population ages and per capita incomes rise. Thus, driving the collagen peptide market revenue.
The risk of several chronic and cardiovascular diseases, including cancer, obesity, diabetes, and hypertension (high blood pressure), increases when vital nutrients are not consumed sufficiently. Consumers' consumption habits have evolved due to globalization and increased exposure to various cultures, particularly Western lifestyles, including a rise in snacking and eating at restaurants. Promoting a healthy diet by government associations and organizations like the WHO and FAO aims to increase consumer knowledge, aptitude, preferences, attitudes, and behavior regarding diet and nutrition. These groups have taken part in campaigns to encourage healthy eating. For instance, the USDA unveiled the "Start Simple with MyPlate Campaign" in March 2019 to gradually improve Americans' busy lifestyles regarding their health and well-being.
Consumers consume a lot of nutritional meals and dietary supplements that use hydrolyzed collagen in various ways. Government programs promoting a healthy lifestyle would raise the demand for these goods, directly impacting the market for collagen peptides.
The market will continue to expand as this technology is anticipated to improve the stability and bioavailability of collagen peptides. As customers increasingly look for goods that offer many health benefits, developing collagen peptide blends that combine, additional functional components are also anticipated to propel market expansion.
Based on the source, the collagen peptide market segmentation includes animal- based collagen and marine-based collagen. The animal-based collagen segment dominated the market, accounting for 55% of market revenue (0.6 Billion). The animal-based source currently holds the largest market share in the world, although marine-based collagen peptides offer the highest protein content, no fat, and the best absorption rate.
Based on application, the collagen peptide market segmentation includes food & beverages, pharmaceuticals & nutraceuticals, personal care and others. The food & beverages category generated the most income (68%). Collagen peptides are employed in various products, including beverages, dietary supplements, and functional, therapeutic, and nutritional foods. Due to their adaptability, they are also utilized as ingredients in various food and beverage products. Collagen peptides' characteristics facilitate their increased incorporation into dietary products. Additionally, because collagen peptides offer a clean label, producers increasingly use them to create dairy products. Collagen peptides provide multiple health advantages.
They assist in constructing and repairing strained muscles, tendons, ligaments, and cartilage. Post-exercise joint soreness can be lessened with protein. Additionally, it enhances athletic performance by strengthening ligaments and joints. The usage of collagen in dietary supplements is essential for maintaining active and healthy lifestyles. Due to rising health and wellness awareness and shifting lifestyles, consumers have begun choosing nutritious diets. Therefore, the market for collagen peptides has a promising future over the projection period.
Figure 1: Collagen Peptide Market, by Application, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American weight loss products market will dominate this market due to rising health consciousness and the prevalence of chronic diseases. In addition, the growing number of established health clubs and fitness facilities will boost market growth in this region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: COLLAGEN PEPTIDE MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's collagen peptide market accounts for the second-largest market share due to the increasing demand for personal care products in the region. Further, the German collagen peptide market held the largest market share, and the UK was the fastest-growing market in the European region.
The Asia-Pacific Collagen Peptide Market is expected to grow at the fastest CAGR from 2023 to 2032. This is brought on by rising per capita disposable income, increased awareness of a healthy lifestyle, and good nutrition. Moreover, China’s collagen peptide market held the largest market share, and the Indian collagen peptide market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development to expand their product lines, which will help the weight loss products market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The collagen peptide industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the collagen peptide industry to benefit clients and increase the market sector. In recent years, the collagen peptide industry has offered some of the most significant medical advantages. Major players in the collagen peptide market, including Junca Gelatines, S.L. (Spain), Italgelatine S.p.a (Italy), Gelita AG (Germany), Nitta Gelatin Inc. (Japan), Ewald-Gelatine GmbH (Germany), Danish Crown (Denmark), Kewpie Corporation (Japan), Tessenderlo Group (Belgium), Darling Ingredients (US), Cargill Inc. (US)., and others are attempting to increase market demand by investing in research and development operations.
Gelita AG produces gelatin and collagen peptides in the culinary, health, nutrition, pharmaceutical, and technical industries. Its main office is in Eberbach, Germany.
In addition to its four headquarters, Gelita, founded in 1875, has 21 production facilities spread over North America, South America, Europe, South Africa, Asia, Australia, and New Zealand. The biggest gelatin factory in the world is located in Sergeant Bluff, Iowa. The organization conducted business as DGF Stoess & Co. GmbH in 1972. The business became a public limited corporation in 1989. The Gelita Group became the division's name that produces gelatin in 1999. All organizations began selling gelatin under the Gelita brand in 2005.
A Danish food company with an international focus, Danish Crown operates a butchery, processes, and sells principally pig and cattle. The group is well-represented in the food industry, with a wide range of products through several subsidiaries. The company's headquarters are in Randers, and the CEO is Jais Valeur. 5,620 Danish farmers own the Danish Crown company, which yearly contributes about 49 billion meals for people worldwide. About 26,600 people work for the business, with a DKK 60 billion turnover and 89 industrial locations, 40 warehouses, and 38 offices across 30 countries. The company is the largest pork producer in Europe and the greatest pork exporter in the world. In addition to being a major player in the European beef market, the Danish Crown group is also the biggest meat processing company in Europe. Danish Crown exported 24 billion Danish kroner in the 2020–21 fiscal year. This is equivalent to roughly 20% of Danish food exports and roughly 3% of Danish goods exports.
Collagen Peptide Industry Developments
December 2020: 65% of the shares of Turkish gelatine company SelJel (Turkey) were purchased by Gelita AG (Germany). The purchase is a key component of the business' expansion strategy and will help satisfy the rising demand for halal beef gelatin.
August 2023: Based on PB Leiner's technology, Tessenderlo Group (Belgium) and Hainan Xiangtai Group formed a joint venture to produce and market fish collagen peptides. The new business allows Tessenderlo Group, a leader in the gelatine and collagen solutions industry, to create and market a comprehensive range of premium SOLUGEL® fish collagen peptides products, taking advantage of the rising demand for high-quality marine collagen.
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