The Collagen Peptides Market size was valued at USD 2.23 Billion in 2023 and is expected to grow to USD 5.34 billion by 2031 and grow at a CAGR of 11.8% over the forecast period of 2024-2031.
Collagen peptides are small pieces of collagen proteins extracted from animal collagen. Collagen peptides build up in the skin and cartilage and help to improve some skin and joint conditions. Collagen is difficult to absorb in a whole form therefore it has to be cut into smaller pieces i.e peptides or amino acids. Collagen peptides or hydrolyzed collagen are taken as supplements in the form of pills and powder which is consumed orally. Collagen peptides get absorbed in the gastrointestinal tract.
Get E-PDF Sample Report on Collagen Peptides Market - Request Sample Report
Collagen peptides are used for osteoporosis, brittle nails, osteoarthritis, muscle strength, and aging skin as supplements. The collagen peptides supplements also help in digestion, and heart health, and prevent bone loss. Collagen peptides are available in two forms liquid and dry form which are extracted from various animal sources such as Bovine, porcine, Marine, and Poultry.
Collagen peptides do not turn gummy or gel-like when they get wet. So without changing the taste or consistency of the drink we can consume the collagen peptides through our daily cold drinks or normally with water. Collagen peptides are not heat-sensitive unless it is above 300 Celcius. There are no such side effects of collagen peptides present when taken by mouth. If anyone wants to take collagen peptides daily as supplements then it is safe to take doses up to 10 grams up to 5 months.
During the COVID-19 pandemic government has imposed the lockdown and quarantine across the world. This situation has led to a change in the buying pattern of the consumer. Due to stringent rules and regulations retail shops were closed and which impacted the retail sale and some health categories saw a short-term decline in growth. But, due to the shifting focus of consumers toward health and immunity, the sale of dietary supplements and vitamins boosted rapidly. Before this outbreak health supplements were doing good but after the pandemic these categories become more popular as consumers seek more dietary supplements to keep them healthy.
Collagen peptides are one of those supplements which had popularity before the pandemic but after the pandemic, they showed intense growth.
Drivers
Growing usage of collagen peptides in the pharmaceutical and food & beverage industry
Shifting consumer focus toward boosting the immunity
Awareness regarding skin and bone health
Rising self-medication trend
For the purpose of healthy skin and a healthy heart, the demand for collagen peptides as a health supplement is increasing rapidly. This growing demand for collagen peptides is the main driving factor for the collagen peptides market. Furthermore, there is increasing demand from various developing countries which is forecasted to the growth of the market significantly.
Restrain
Increasing popularity of vegan diet
Presence of substitutes for collagen peptides
There are lots of alternatives available in the market for the collagen peptides such as black beans, soy products, kidney beans, pumpkin seeds, and seeds which limits the market of collagen peptides. Another factor that is likely to hamper the market is that collagen peptides are extracted from the animal which is denied by some religions or vegan people. Some Animal welfare and care organizations such as PETA and People for Animals work to protect animal rights and take action against the people who harm the animals. The campaign organized by them can restrict the companies to limit the use of animal content in their products.
Opportunities
Increasing collagen peptides demand as a health supplement by health-conscious people in the emerging economies
Increasing investments in the R&D activities
Challenges
Insufficient and underdeveloped processing technology
The Russian invasion of Ukraine has impacted the collagen peptides market significantly. The war has disrupted the supply chain of collagen peptides, causing a shortage in the market. Ukraine is one of the largest producers of collagen peptides, and the conflict has led to a decrease in production and exports. This has resulted in an increase in prices and a decrease in the availability of collagen peptides. This has hindered the growth of the collagen peptides market in the region and has forced companies to look for alternative sources of collagen peptides.
The ongoing recession has a moderate impact on the collagen peptides market. Due to the decrease in consumer spending and purchase pattern of consumers, the demand for collagen peptides is decreased significantly. Another factor that affected the market is the disruption of the supply chain which results in difficulties in sourcing raw materials and transportation of finished products. This has resulted in increased costs and reduced profit margins for businesses operating in the collagen peptides market.
By Source
Porcine
Marine
Poultry
By Form
Dry
Liquid
By Application
Food and Beverage
Nutritional Products
Cosmetics & Personal Care
Pharmaceuticals
Get Customized Report as Per Your Business Requirement - Request For Customized Report
By region, Asia Pacific is expected to show lucrative growth during the forecast period. Technological advancement in this region has identified the various applications in the pharmaceutical and nutraceutical sector which drive the growth of the collagen peptide market. Moreover, increasing demand for collagen peptides in food & beverage and the personal care & cosmetic industry is expected to show significant growth during the projected period. The market growth is also driven by the rising disposable income of the consumer, their changing lifestyle, and the increasing popularity of collagen peptides as a supplement to improve health and boost immunity. In addition, an increase in the prevalence of various bone-related disorders such as osteoporosis, osteoarthritis, etc. in this region is driving the market growth.
North America dominated the market with the highest revenue share in 2022 and is anticipated to grow substantially. In a country like the U.S. people like to take collagen through their favorite drinks to treat joint, bone, and muscle-related disorders. This habit of U.S. people is likely to drive the market of collagen peptides in this region. The rising demand for collagen peptides in cosmetic products further helps to boost the market for collagen peptides in this region.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of the Middle East & Africa
The major key players are Tessenderlo Group, Darling Ingredients, GELITA AG, Holista Colltech, Collagen Solutions Plc, Nitta Gelatin India Limited, Amicogen, Gelnex, FOODMATE CO., LTD., and Ewald-Gelatine GmbH., and other key players will be included in the final report.
In November of 2022, PB Leiner made a strategic move by entering into a joint venture with Hainan Xiangtai Group. This partnership, with Tessenderlo Group owning 80% of the venture, will focus on the production and sale of fish collagen peptides based on PB Leiner's cutting-edge technology. As a world-renowned manufacturer of gelatin and collagen solutions, PB Leiner is now able to offer a premium SOLUGEL fish collagen peptides product range, which caters to the growing demand for high-quality marine collagen peptides worldwide.
Darling Ingredients has recently made a significant acquisition by entering into a definitive agreement to purchase all of the shares of Gelnex. Gelnex is a leading global producer of collagen products, including gelatin and collagen peptides. The acquisition, which was finalized on March 31, was valued at approximately $1.2 billion USD in cash and is subject to customary regulatory approvals.
Report Attributes | Details |
Market Size in 2023 | US$ 2.23 Billion |
Market Size by 2031 | US$ 5.34 Billion |
CAGR | CAGR of 11.8% From 2024 to 2031 |
Base Year | 2023 |
Forecast Period | 2024-2031 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Source (Bovine, Porcine, Marine, and Poultry) • By Form (Dry and Liquid) • By Application (Food and Beverage, Nutritional Products, Cosmetics & Personal Care, and Pharmaceuticals) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Tessenderlo Group, Darling Ingredients, GELITA AG, Holista Colltech, Collagen Solutions Plc, Nitta Gelatin India Limited, Amicogen, Gelnex, FOODMATE CO., LTD., and Ewald-Gelatine GmbH., and other |
Key Drivers | • Growing usage of collagen peptides in the pharmaceutical and food & beverage industry • Shifting consumer focus toward boosting the immunity |
Market Opportunities | • Increasing collagen peptides demand as a health supplement by health-conscious people in the emerging economies • Increasing investments in the R&D activities |
The expected CAGR of the global Collagen Peptides Market during the forecast period is 11.8%.
The estimated market size of the Collagen Peptides Market is 5.34 billion in 2031.
The major competitors of the Collagen Peptides Market are Tessenderlo Group, Darling Ingredients, GELITA AG, Holista Colltech, Collagen Solutions Plc, Nitta Gelatin India Limited, Amicogen, Gelnex, FOODMATE CO. LTD., and Ewald-Gelatine GmbH.
Asia Pacific region is expected to show the highest growth of the Collagen Peptides Market during the forecast period.
Increasing popularity of the vegan diet and the Presence of substitutes for collagen peptides are the restraining factors of the collagen peptides market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Collagen Peptides Market Segmentation, By Source
8.1 Bovine
8.2 Porcine
8.3 Marine
8.4 Poultry
9. Collagen Peptides Market Segmentation, By Form
9.1 Dry
9.2 Liquid
10. Collagen Peptides Market Segmentation, By Application
10.1 Food and Beverage
10.2 Nutritional Products
10.3 Cosmetics & Personal Care
10.4 Pharmaceuticals Combustion
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Collagen Peptides Market by Country
11.2.2 North America Collagen Peptides Market by Source
11.2.3 North America Collagen Peptides Market by Form
11.2.4 North America Collagen Peptides Market by Application
11.2.5 USA
11.2.5.1 USA Collagen Peptides Market by Source
11.2.5.2 USA Collagen Peptides Market by Form
11.2.5.3 USA Collagen Peptides Market by Application
11.2.6 Canada
11.2.6.1 Canada Collagen Peptides Market by Source
11.2.6.2 Canada Collagen Peptides Market by Form
11.2.6.3 Canada Collagen Peptides Market by Application
11.2.7 Mexico
11.2.7.1 Mexico Collagen Peptides Market by Source
11.2.7.2 Mexico Collagen Peptides Market by Form
11.2.7.3 Mexico Collagen Peptides Market by Application
11.3 Europe
11.3.1 Europe Collagen Peptides Market by Country
11.3.2 Europe Collagen Peptides Market by Source
11.3.3 Europe Collagen Peptides Market by Form
11.3.4 Europe Collagen Peptides Market by Application
11.3.5 Germany
11.3.5.1 Germany Collagen Peptides Market by Source
11.3.5.2 Germany Collagen Peptides Market by Form
11.3.5.3 Germany Collagen Peptides Market by Application
11.3.6 UK
11.3.6.1 UK Collagen Peptides Market by Source
11.3.6.2 UK Collagen Peptides Market by Form
11.3.6.3 UK Collagen Peptides Market by Application
11.3.7 France
11.3.7.1 France Collagen Peptides Market by Source
11.3.7.2 France Collagen Peptides Market by Form
11.3.7.3 France Collagen Peptides Market by Application
11.3.8 Italy
11.3.8.1 Italy Collagen Peptides Market by Source
11.3.8.2 Italy Collagen Peptides Market by Form
11.3.8.3 Italy Collagen Peptides Market by Application
11.3.9 Spain
11.3.9.1 Spain Collagen Peptides Market by Source
11.3.9.2 Spain Collagen Peptides Market by Form
11.3.9.3 Spain Collagen Peptides Market by Application
11.3.10 The Netherlands
11.3.10.1 Netherlands Collagen Peptides Market by Source
11.3.10.2 Netherlands Collagen Peptides Market by Form
11.3.10.3 Netherlands Collagen Peptides Market by Application
11.3.11 Rest of Europe
11.3.11.1 Rest of Europe Collagen Peptides Market by Source
11.3.11.2 Rest of Europe Collagen Peptides Market by Form
11.3.11.3 Rest of Europe Collagen Peptides Market by Application
11.4 Asia-Pacific
11.4.1 Asia Pacific Collagen Peptides Market by Country
11.4.2 Asia Pacific Collagen Peptides Market by Source
11.4.3 Asia Pacific Collagen Peptides Market by Form
11.4.4 Asia Pacific Collagen Peptides Market by Application
11.4.5 Japan
11.4.5.1 Japan Collagen Peptides Market by Source
11.4.5. 2Japan Collagen Peptides Market by Form
11.4.5. 3Japan Collagen Peptides Market by Application
11.4.6 South Korea
11.4.6.1 South Korea Collagen Peptides Market by Source
11.4.6.2. South Korea Collagen Peptides Market by Form
11.4.6.3. South Korea Collagen Peptides Market by Application
11.4.7 China
11.4.7.1 China Collagen Peptides Market by Source
11.4.7.2. China Collagen Peptides Market by Form
11.4.7.3. China Collagen Peptides Market by Application
11.4.8 India
11.4.8.1 India Collagen Peptides Market by Source
11.4.8.2. India Collagen Peptides Market by Form
11.4.8.3 India Collagen Peptides Market by Application
11.4.9 Australia
11.4.8.1 Australia Collagen Peptides Market by Source
11.4.8.2. Australia Collagen Peptides Market by Form
11.4.8.3. Australia Collagen Peptides Market by Application
11.4.10 Rest of Asia-Pacific
11.4.10.1 APAC Collagen Peptides Market by Source
11.4.10.2. APAC Collagen Peptides Market by Form
11.4.10.3. APAC Collagen Peptides Market by Application
11.5 The Middle East & Africa
11.5.1 The Middle East & Africa Collagen Peptides Market by Country
11.5.2 The Middle East & Africa Collagen Peptides Market by Source
11.5.3 The Middle East & Africa Collagen Peptides Market by Form
11.5.4 The Middle East & Africa Collagen Peptides Market by Application
11.5.5 Israel
11.5.5.1 Israel Collagen Peptides Market by Source
11.5.5.2 Israel Collagen Peptides Market by Form
11.5.5.3 Israel Collagen Peptides Market by Application
11.5.6 UAE
11.5.6.1 UAE Collagen Peptides Market by Source
11.5.6.2 Israel Collagen Peptides Market by Form
11.5.6.3 Israel Collagen Peptides Market by Application
11.5.7 South Africa
11.5.7.1 South Africa Collagen Peptides Market by Source
11.5.7.2 South Africa Collagen Peptides Market by Form
11.5.7.3 South Africa Collagen Peptides Market by Application
11.5.8 Rest of Middle East & Africa
11.5.8.1 Rest of Middle East & Asia Collagen Peptides Market by Source
11.5.8.2 Rest of Middle East & Asia Collagen Peptides Market by Form
11.5.8.3 Rest of Middle East & Asia Collagen Peptides Market by Application
11.6 Latin America
11.6.1 Latin America Collagen Peptides Market by Country
11.6.2. Latin America Collagen Peptides Market by Source
11.6.3 Latin America Collagen Peptides Market by Form
11.6.4 Latin America Collagen Peptides Market by Application
11.6.5 Brazil
11.6.5.1 Brazil Collagen Peptides Market by Source
11.6.5.2 Brazil Collagen Peptides Market by Form
11.6.5.3Brazil Collagen Peptides Market by Application
11.6.6 Argentina
11.6.6.1 Argentina Collagen Peptides Market by Source
11.6.6.2 Argentina Collagen Peptides Market by Form
11.6.6.3 Argentina Collagen Peptides Market by Application
11.6.7 Rest of Latin America
11.6.7.1 Rest of Latin America Collagen Peptides Market by Source
11.6.7.2 Rest of Latin America Collagen Peptides Market by Form
11.6.7.3Rest of Latin America Collagen Peptides Market by Application
12 Company Profile
12.1 Tessenderlo Group
12.1.1 Market Overview
12.1.2 Financials
12.1.3 Product/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Darling Ingredients
12.2.1 Market Overview
12.2.2 Financials
12.2.3 Product/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 GELITA AG
12.3.1 Market Overview
12.3.2 Financials
12.3.3 Product/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Holista Colltech
12.4.1 Market Overview
12.4.2 Financials
12.4.3 Product/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Collagen Solutions Plc
12.5.1 Market Overview
12.5.2 Financials
12.5.3 Product/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Nitta Gelatin India Limited
12.6.1 Market Overview
12.6.2 Financials
12.6.3 Product/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Amicogen
12.7.1 Market Overview
12.7.2 Financials
12.7.3 Product/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Gelnex
12.8.1 Market Overview
12.8.2 Financials
12.8.3 Product/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 FOODMATE CO. LTD.
12.9.1 Market Overview
12.9.2 Financials
12.9.3 Product/Services/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Ewald-Gelatine GmbH
12.10.1 Market Overview
12.10.2 Financials
12.10.3 Product/Services/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
14. USE Cases And Best Practices
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Multi-Layer Cryogenic Insulation Market size was valued at USD 1114.6 million in 2023 and will reach USD 1981.22 million by 2032 &grow at a CAGR of 6.6% by 2024-2032.
The Insect Growth Regulators Market Size was valued at USD 1.2 billion in 2023, and is expected to reach USD 2.0 billion by 2032, and grow at a CAGR of 6.0% over the forecast period 2024-2032.
The Anti-wear Additives Market Size was valued at USD 736.5 million in 2023, and is expected to reach USD 911.5 million by 2031, and grow at a CAGR of 2.7% over the forecast period 2024-2031.
The Organic Chemicals Market Size was valued at USD 12.75 billion in 2023 and is expected to reach USD 24.25 billion by 2032 and grow at a CAGR of 7.4% over the forecast period 2024-2032.
The Cold Chain Packaging Market size was valued at USD 27.19 billion in 2023 and is expected to grow to USD 111.42 billion by 2031 and grow at a CAGR of 19.3% over the forecast period of 2024-2031.
The Activated Carbon Market Size was valued at USD 4.9 billion in 2023 and is expected to reach USD 9.2 billion by 2032 and grow at a CAGR of 7.3% over the forecast period 2024-2032.
Hi! Click one of our member below to chat on Phone