Collagen Peptides Market by Application (Food & Beverages, Nutritional Products, Cosmetics& Personal Care Products, and Pharmaceuticals), Source (Bovine, Porcine, and Marine & Poultry). Form (Dry and Liquid) and Region-Global Forecast to 2032

The global collagen peptides market size was $696.00 million in 2021, and is projected to reach $1.22 billion by 2030, growing at a CAGR of 6.66% from 2023 to 2032. The expansion of the processed and functional food and beverage industries is the primary driver of the growth of the global collagen peptides market. Additionally, it is anticipated that increased consumption of baked goods, dairy products, and snacks in developed nations will accelerate market expansion. The market is comprehensively evaluated in the study on the global collagen peptides market. The research provides a thorough analysis of the market's key segments, trends, drivers, restraints, competitive environment, and other important elements.

Global Collagen Peptides Market Definition
The collagen of slaughtered animals like cattle, pigs, fish, and poultry is used to make collagen peptides. Depending on the location, which has various restrictions and eating customs, the demand for collagen peptides varies. For instance, the majority of people live in Middle Eastern nations, where the consumption of pig and anything derived from it is absolutely forbidden. People who abstain from eating animal products out of moral or religious convictions will likewise stay away from collagen peptide-based goods. This is a factor that is predicted to impede the global market's revenue growth.

Globalization and exposure to diverse cultures, particularly western lifestyles, have impacted consumer eating patterns, leading to an increase in snacking and eating meals out. Chronic and cardiovascular disorders like hypertension, cancer, obesity, and diabetes are all made more likely by nutritional inadequacies. This directly affects consumer demand for collagen peptide products, which is anticipated to support market revenue growth during the forecast period.

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Source Analysis & Insights
The bovine category held the biggest market share for collagen peptides in 2020 and is projected to grow at a high CAGRE over the expected period. The bovine collagen peptides are readily available and substantially less expensive. By source, the market for collagen peptides is divided into bovine, porcine, poultry, marine, and other categories. For customers who are concerned about their appearance and health, it is the perfect substitute. Additionally, some of the major benefits of bovine collagen include its ability to hydrate the skin, assist digestion in general, help build stronger muscles, and support hair growth and nail health. The entire number of industrial animals, such as pigs, chickens, and calves, that are sent to slaughter annually, according to the United Nations (U.N.), is eight times greater than the number of people who live on Earth.

Market Segmentations:
Global Collagen Peptides Market: Major Players
Danish Crown
ITALGELATINE
GELITA
Gelnex
Tessenderlo Group
Rousselot
Lapi Gelatine
Weishardt Group
Cargill Incorporated
Kewpie Corporation

Global Collagen Peptides Market: Types
Cattle hide & bone
Pigskin
Poultry
Fish

Global Collagen Peptides Market: Applications
Food & beverages
Nutraceuticals
Pharmaceuticals
Cosmetics
Healthcare

Global Collagen Peptides Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Collagen Peptides market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Impact Of Covid-19
The overall food and beverage business is heavily impacted by the CoviD-19 epidemic. The Solation laws have hampered the local domestic competitors in the market by causing shortages and even cancellations. The manufacturing and supply of ingredients for the food and beverage industries are declining as a result of the epidemic. Due to the significant disruptions brought on by COVID-19 for Chinese businesses, many international businesses are shifting their purchasing from China to other nations. According to a survey by the Institute for Supply Management, production in China reached an all-time low between February 22 and March 5, with factories there reporting 50% operating capacity with 56% of regular workers.

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Highlights of the Report
• The global collagen peptides market size was $696.00 million in 2021, and is projected to reach $1.22 billion by 2030, growing at a CAGR of 6.66% from 2023 to 2032.
• The report provides exclusive and comprehensive analysis of the global collagen peptides market trends along with the collagen peptides market forecast.
• The report elucidates the collagen peptides market opportunity along with key drivers, and restraints of the market. It is a compilation of detailed information, inputs from industry participants and industry experts across the value chain, and quantitative and qualitative assessment by industry analysts.
• Porter's five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the market for strategy building.
• The report entailing the collagen peptides market analysis maps the qualitative sway of various industry factors on market segments as well as geographies.
• The data in this report aims on market dynamics, trends, and developments affecting the collagen peptides market growth.

FREQUENTLY ASKED QUESTIONS?
Q1. What are the driving factors and opportunities in the global collagen peptides market?
Q2. What are the key growth strategies of global collagen peptides market players?
Q3. Which region will provide more business opportunities for the global collagen peptides market in the future?
Q4. Who are the leading market players active in the collagen peptides market?
Q5. Which application sub-segment held the maximum share of the global collagen peptides market?
Q6. Who are the potential customers of collagen peptides industry?
Q7. What are the key benefits of the collagen peptides market report?
Q8. Which applications are expected to drive the adoption of collagen peptides?
Q9. What current trends will influence the collagen peptides market in the next few years?

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