Collagen Peptides Market is Projected to Reach $922 million by 2028

The collagen peptides market is poised for growth, according to a research report titled "Collagen Peptides Market by Source, Application, Form, and Region - Global Forecast to 2028" published by MarketsandMarkets. The market is projected to reach USD 922 million by 2028, with a CAGR of 5.7% during the forecast period.

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Collagen peptides find versatile applications in the medical, dental, and pharmacological fields, which is driving their demand. They are used as a support for drugs and possess astringent and wound-healing properties. Collagen-based biomaterials are essential in tissue engineering and regenerative medicine. The biocompatibility, biodegradability, and unique structure of collagen make it a widely used biomaterial. The pharmaceutical industry is leveraging the potential of collagen, including marine collagen, for functional biomaterial applications.

The bovine segment holds a significant market share in the collagen peptides market. Bovine-sourced collagen peptides have been extensively studied and commercialized for a long time. The ease of availability and biocompatibility of bovine collagen contribute to its growth. Bovine collagen peptides are cost-effective and readily available, making them popular among health- and beauty-conscious consumers. Benefits associated with bovine collagen, such as skin hydration, digestive support, muscle strength, hair growth, and nail health, are driving the growth of this segment.

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Asia Pacific is expected to be a key driver of market growth. The region has a rapidly growing livestock industry fueled by population growth, urbanization, and increased demand for animal meat and collagen-related products. Countries like China are major exporters of collagen globally. Key players in the Asia Pacific region include Nitta Gelatin Inc., Tessenderlo Group, Holista Colltech, Darling Ingredients, Foodmate Co., Ltd., and Amicogen Inc.

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