Collagen Peptides Market Business Outlook, Competitive Analysis, Industry Growth, Trends, Share, and Forecast To 2030

According to our new research study titled "Collagen Peptides Market to Forecast 2030 - Global Analysis - by Source, Form, Application, and Geography," the market was valued at US$ 998.95 million in 2023 and is projected to reach US$ 1,490.99 million by 2030; it is expected to register a CAGR of 5.9% from 2023 to 2030.

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Collagen peptide, also known as collagen hydrolysate, is a short chain of amino acids derived from collagen. It is more bioavailable and is better absorbed into the bloodstream due to shorter chains of amino acids as compared to native collagen and gelatin. Collagen peptide is readily broken down into a form that can enter the bloodstream after digestion. After consumption and absorption, collagen peptides travel throughout the body, rebuilding and repairing tissues and providing energy. It is carried to different tissues of the body where cells build the peptides into full-length collagen helices to repair the skin, bones, and joints. Collagen peptide is a versatile source of protein and an important element of healthy nutrition. Their nutritional and physiological properties promote bones, joints, and skin health.

Wide Application Scope to Provide Lucrative Growth Opportunities to Collagen Peptides Market Players

Collagen peptide is a structural protein produced by hydrolysis of collagen found in connective tissue, skin, tendons, bones, cartilage, and other body parts. It supports tissues structurally and is involved in cellular functions such as tissue healing, immunological response, cellular communication, and cellular migration. Collagen is generally obtained from bovine connective tissues or marine sources. It has many applications across multiple end-use industries, including food & beverages, pharmaceuticals & nutraceuticals, and personal care. In the food & beverages industry, collagen peptide is used in yogurts, confectioneries, nutritional bars, and ready-to-drink beverages, among others. Collagen peptide-induced foods and beverages enhance protein levels in the body; moreover, they help repair skin texture, improve bone and muscle health, and strengthen joints. Rising awareness regarding the health benefits of collagen peptides among customers is driving the demand for collagen peptide-induced foods and beverages.

According to the National Center for Biotechnology Information, 5g of collagen peptide per day in postmenopausal women can raise bone mineral density (BMD) and enhance bone formation. This can significantly reduce their risk of osteoporosis. According to the International Osteoporosis Foundation, ~5.2% of the UK population was diagnosed with osteoporosis in 2019. Furthermore, Asia will likely account for over half of the total osteoporotic hip fracture cases reported worldwide by 2050. Thus, rising research studies on the effectiveness of collagen peptides on patients who have osteoporosis are expected to boost the market growth in the coming years.

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Collagen Peptides Market: Segmental Overview

Based on source, the collagen peptides market is categorized into bovine, porcine, poultry, marine, and others. The bovine segment held the largest share of the market in 2022. Bovine-based collagen peptide is a common food additive and supplement. It is primarily extracted from cows. The consumption of bovine collagen helps improve skin health and prevent bone loss.

Based on form, the collagen peptides market is categorized into dry, and liquid. The dry segment held the largest share of the market in 2022. In dry form, collagen peptide is available in powder and agglomerated forms. Powder collagen peptide has fine particle size whereas agglomerated collagen peptide has larger, coarser particle size.

Based on application, the collagen peptides market is segmented into food and beverages, pharmaceuticals and nutraceuticals, personal care, and others. Collagen peptides are used in dairy products, confectioneries, and beverages. It improves consumptopn, foam stabilization, and texture of confectioneries.

Collagen Peptides Market: Competitive Landscape

GELITA AG, Rousselot BV, Titan Biotech Ltd, Tessenderlo Group NV, Ewald-Gelatine GmbH, BioCell Technology LLC, Lapi Gelatine SpA, Weishardt Holding SA, Nippi Collagen NA Inc, and Nitta Gelatin India Ltd are among the players operating in the collagen peptides market. These players are focusing on new product launches and geographic expansions to meet the growing consumer demand worldwide. The widespread presence of these companies in the world helps them serve a large range of customers, subsequently allowing them to increase their market share. These market players are highly focused on launching new products and expanding their product range in specialty portfolios, further surging the collagen peptides market growth.

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