Published Market Report by RationalStat | Collagen Peptide Market to Reach a Billion Dollar by 2030, Driven by Aging Population & Functional Food Trend

The global collagen peptides market is expected to reach US$ 1,025.5 million by 2030, with an annual growth rate of more than 5.5%.

According to RationalStat's most recent industry analysis, the Global Collagen Peptides Market value is estimated at US$ 705 million in 2023 and is expected to rise at a strong CAGR of over 5.5% over the forecast period of 2023-2030.

Market Definition, Market Scope, and Report Overview

Consumers are increasingly prioritizing health and well-being, fueling demand for products thought to be advantageous to overall health.
Collagen is an important protein in the maintenance of skin suppleness, joint health, and connective tissues. Supplements that assist these qualities are becoming increasingly popular as people become more health-conscious.

According to a deep-dive market assessment by RationalStat, the global Collagen Peptides market has been analyzed on the basis of market segments, including source, application, form and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
• Market intelligence for the global Collagen Peptides market covers market sizes on the basis of market value (US$/EUR Million), volume (Tons) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
• In addition, the long-term sector and products/services 10-year outlook and its implications on the global Collagen Peptides market. It also includes the industry's current state - Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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Global Collagen Peptides Market: Segmental and Market Share Analysis
• On the basis of form, dry collagen segment is projected to be the dominating segment in the market. It is available as agglomerated or in fine powder form.
• On the basis of application, the food & beverages segment is the fastest-growing segment. A significant portion of the collagen peptide market is accounted by the beverage industry.

Report Synopsis

Report Metrics Details
Base Year 2023
Forecast Period 2023-2030
Base Year Market Size US$ 705 million
Market Size Forecast US$ 1,025.5 million
Growth Rate 5.5%
Dominant Segment Dry Collagen
Dominant Region North America

Key Market Drivers
• Growing demand for functional food ingredients
• Increase in awareness of personal care
• Growing end-use applications

Companies Profiled
• Darling Ingredients
• Tessenderlo Group
• Holista Colltech
• GELITA AG
• Ewald-Gelatine
• Lapi Gelatine S.p.a.
• Gelnex
• Nitta Gelatin
• Collagen Solutions plc
• Weishardt Group
• Evonik Industries AG

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Competition Analysis and Market Structure

Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global collagen peptides market include.
• In November 2023, Nitta Gelatin will increase collagen peptide production capacity by 1000 MT at the company's Gelatin division. The expansion was approved by the Board of Directors.
• In February 2022, Nestlé Health Science completed the full acquisition of Vital Proteins, a major lifestyle and wellness platform offering supplements, beverages, and food products in the US. In 2020, Nestlé Health Science bought a majority share in Vital Proteins.

Some of the prominent players and suppliers operating and contributing significantly to the global collagen peptides market growth include Darling Ingredients, Tessenderlo Group, Holista Colltech, GELITA AG, Ewald-Gelatine, Lapi Gelatine S.p.a., Gelnex, Nitta Gelatin, Collagen Solutions plc, Weishardt Group, Evonik Industries AG among others.

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RationalStat has segmented the global collagen peptides market based on source, application, form and region
• Global Collagen Peptides Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Source
o Bovine
o Porcine
o Marine & Poultry
• Global Collagen Peptides Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Application
o Food & Beverages
 Dairy Products
 Snacks
 Soups and Sauces
 Meat Products
o Nutritional Products
o Dietary Supplements
o Sports Nutrition
o Cosmetics & Personal care
o Pharmaceuticals
• Global Collagen Peptides Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Form
o Dry
o Liquid
• Global Collagen Peptides Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Region
o North America Collagen Peptides Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 US
 Canada
o Latin America Collagen Peptides Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 Brazil
 Mexico
 Rest of Latin America
o Western Europe Collagen Peptides Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 Germany
 UK
 France
 Spain
 Italy
 Benelux
 Nordic
 Rest of Western Europe
o Eastern Europe Collagen Peptides Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 Russia
 Poland
 Hungary
 Other CIS Countries
 Rest of Eastern Europe
o Asia Pacific Collagen Peptides Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 China
 Japan
 India
 South Korea
 Australia
 ASEAN
• Indonesia
• Thailand
• Philippines
• Vietnam
• Malaysia
• Rest of ASEAN
 Rest of Asia Pacific
o Middle East & Africa Collagen Peptides Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 GCC
• Saudi Arabia (KSA)
• United Arab Emirates (UAE)
• Rest of the GCC
 South Africa
 Nigeria
 Turkey
 Rest of the Middle East & Africa

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Key Questions Answered in the Collagen Peptides Report:
• What will be the market value of the global Collagen Peptides market by 2030?
• What is the market size of the global Collagen Peptides market?
• What are the market drivers of the global Collagen Peptides market?
• What are the key trends in the global Collagen Peptides market?
• Which is the leading region in the global Collagen Peptides market?
• What are the major companies operating in the global Collagen Peptides market?
• What are the market shares by key segments in the global Collagen Peptides market?

Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts' viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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