Collagen Peptide Market Growth to Witness a Steady Growth, Reach $1087.74 Million by 2030

The global collagen peptide market worth in 2021 was $683.39 million, and by 2030 it will be $1087.74 million, growing at a 5.3% CAGR.A nutritional supplement called Collagen Peptide is used to lubricate joints, strengthen bones, encourage bone growth, and improve wound healing. Osteoarthritis and other bone problems are also treated using collagen peptides

In order to buy the first hand copy of the report, click on the link below:
https://strategicmarketresearch.com/buy-now/collagen-peptides-market

Collagen Peptide Market Insights:

• On the basis of source, in 2021, the bovine segment ruled the market with a revenue of USD 276.6 million and will be worth USD 476.4 billion by 2030.
• In 2021, the food and beverage industry led the market with a revenue of $195.5 million, and by 2030 it will be worth $332.9 million.
• Regionally, in 2021 North America held a significant position in the market with revenue of 228.3 billion and will grow at 6.18% CAGR.

Collagen Peptide Market Dynamics

The market for collagen peptides is expanding rapidly due to consumer preferences for healthy lifestyles, higher protein intake, and increased usage of collagen peptides in various beauty products, pharmaceuticals, and healthcare products. Additionally, the market is expanding due to several causes, including the expanding usage of collagen as a functional ingredient and the numerous uses for collagen peptides. Furthermore, the market's expansion is constrained by strict food regulations for chemicals derived from animals and worries about the lack of animal sources. However, rising investments in the development of plant-based collagen and an expanding list of manufacturers are the factors that will stimulate market expansion in the projected period.

In order to get the copy of the updated sample, click on the link below: https://strategicmarketresearch.com/request-sample/collagen-peptides-market

Collagen Peptide Market: A thorough Segmentation Analysis

The Collagen Peptide Market segmentation has been done on the basis of Form, Source, Application, and region.
By Form:
• Liquid
• Dry

By Source:
• Porcine
• Marine
• Bovine
• Poultry
• Others

By Application
• Food & Beverage
• Cosmetic
• Pharmaceutical
• Other

By Region

North America
• Mexico
• Canada
• United States

Europe
• United Kingdom
• France
• Italy
• Germany
• Switzerland
• Rest of Europe

Asia Pacific
• Japan
• India
• China
• Rest of Asia Pacific

LAMEA
• Israel
• Brazil
• Saudi Arabia
• South Africa
• Rest of LAMEA

In 2021, the food and beverage industry led the market with a revenue of $195.5 million, and by 2030 it will be worth $332.9 million. The rise in the acceptance of collagen peptides as a food ingredient in sausages to improve the rheological qualities and the rise in the demand for various porcine and bovine collagen peptides & gelatin in the food & beverage industry are boosting the expansion of the market segment. The market for collagen peptides is expanding due to the rising demand for products made from amino acids in the food and beverage sector.

In order to enquiry of the updated sample, click on the link below: https://strategicmarketresearch.com/pre-order-enquiry/collagen-peptides-market

Regionally, in 2021 North America lead the market with revenue of 228.3 billion and will grow at 6.18% CAGR. The use of collagen as a food and energy source is becoming popular in North America. Collagen peptides are used in the pharmaceutical sector to create medications that help bone repair arthritis patients. These factors support the growth of the collagen peptide market in North America. The demand for collagen peptides in North America is growing quickly due to the use of collagen peptides in the cosmetics industry and rising health consciousness among consumers.

Key Players in the Collagen Peptide Market:

• ConnOils LLc
• PB Leiner
• Nippi Collagen NA Inc.
• Collagen Solutions Plc,
• Holista Colltech
• LAPI GELATINE S.p.a.
• Ewald-Gelatine GmbH
• ITALGELATINE S.p.a
• KENNY & ROSS LIMITED MARINE GELATIN
• Weishardt
• COBIOSA
• Rousselot
• Vital Proteins LLc
• JUNCSA GELATINES SL
• GELNEX

The Collagen peptide market will grow at a 5.3% CAGR, reaching $1087.74 million by 2030. The overall demand for the porcine collagen peptides in the dietary supplements, the rise in the use of collagen peptides in the global cosmetic industry, the increasing investment by the key players to create high-quality collagen peptides, and the rising adoption and adaptability of bovine based collagen peptides & gelatin in wide range of applications, like beverages & high protein foods, are the factors that will boost the growth of the collagen peptide market during 2021 to 2030.

To Know more, visit @ https://www.strategicmarketresearch.com/market-report/collagen-peptides-market

26, Broadway, Suite 934, New York , 10004

Strategic Market Research facilitates the organizations globally in taking pivotal business decisions by furnishing the Syndicated and Customized Research Reports which are highly precise in terms of market numbers. We believe that every firm whether it a startup which is in the Introduction stage of the Product Life cycle or an established one which is at the growth stage, require market research services in order to streamline their key business blueprint. It may be related to Product Launch, Go to Market strategies, Competitive Analysis or new geographical penetration and expansion.

This release was published on openPR.