Collagen peptide is a significant source of protein and a vital component of healthy nutrition. Its physiological and nutritional properties promote the strength of joints and bones as well as contribute to beautiful and healthy skin.
Consumption of collagen peptides benefits the gut health, bone density, and skin health. It also lowers the chance of joint disorders such as osteoarthritis. Additionally, it promotes development of lean body mass, aids in weight management, and improves muscle recovery. Among other advantages, collagen peptides also improve heart and brain health. It is used in manufacturing of face creams, serums, shampoos, body lotions, and also as a calcium supplement.
The major factor expected to drive revenue growth of the collagen peptides market is increasing awareness regarding its health benefits. Collagen peptides have vast applications as it is widely used in various industries such as sports nutritional, food & beverages, dairy, cosmetics, and meat & poultry in the developed and emerging countries. Trend of consuming protein rich foods is one of the drivers predicted to increase demand for collagen peptides.
In few regions across the globe, people do not consume products which use collagen peptides due to religious or personal beliefs. This serves as a major constraint for the market revenue growth.
Changing eating habits and adoption of sedentary lifestyle have greatly affected the health, which in turn requires consumption of products containing collagen peptides. This is greatly driving demand for collagen peptide products, which is further estimated to fuel the market revenue growth in the near future.
The COVID-19 pandemic affected various industries, majorly companies that manufactured collagen peptides were shut down due to import / export restrictions, lockdowns in some countries, and shortage of labor. However, the market post COVID-19 pandemic is projected to expand as demand for dietary supplements increases globally due to rising need for strong immunity.
The key players profiled in this report include Tessenderlo Group, Darling Ingredients, GELITA AG, Holista Colltech, Collagen Solutions Plc, Nitta Gelatin India Limited, Amicogen, Gelnex, FOODMATE CO., LTD., and Ewald-Gelatine GmbH.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the collagen peptides market analysis from 2021 to 2030 to identify the prevailing collagen peptides market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the collagen peptides market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global collagen peptides market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Application
- Food and Beverage
- Nutritional Products
- Cosmetics and Personal Care
- Others
By Source
- Bovine
- Porcine
- Marine
- Poultry
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest Of Asia Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- South Africa
- Rest of LAMEA
Key Market Players
- Darling Ingredients (Rousselot)
- NITTA GELATIN, INC.
- Gelnex.
- GELITA AG
- FOODMATE CO., LTD.
- Naturin Viscofan GmbH
- Tessenderlo Group (PB Leiner)
- Weishardt Group
- Lapi Gelatine S.p.a.
- Ewald-Gelatine
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Table of Contents
Executive Summary
According to the report, titled, “Collagen Peptides Market," the collagen peptides market size was $696.00 million in 2021, and is estimated to reach $1.22 billion by 2030, growing at a CAGR of 6.66% from 2022 to 2030.Collagen is produced in human body by combining amino acids obtained from food. Collagen forms the fundamental part of the human skin. It is a protein found in the bones, muscles, skin, and tendons. It is an essential component of connective tissue and is mainly responsible for skin elasticity and healthy bones. There are around 28 types of collagen with different structures which are very essential in maintaining good health.
With increasing age, collagen levels in the human body decreases as collagen fibers become thinner and weaker. This may result in skin ageing and joint pain. Collagen peptides are mostly being used in cosmetics and personal care products.
Consciousness of people towards wellbeing of their skin and health is the major factor driving the collagen peptides market revenue growth. Increase in awareness regarding health benefits of collagen peptides has boosted its consumption across the globe. Collagen peptides have numerous applications in various industries such as sports nutrition, dairy, food & beverages, cosmetics, and meat & poultry. The trend of consuming protein rich foods in developed and developing countries is predicted to be one of the major drivers expected to increase demand for collagen peptides.
Collagen peptides are obtained from collagen of slaughtered animals which includes bones, hides, and hooves of cattle, pigs, fish, and poultry. Factors restraining revenue growth of the market differ from region to region. For instance, the Middle Eastern countries have maximum population which do not consume collagen peptides obtained from pork. Moreover, individuals who do not consume animal products due to religious or personal beliefs tend not consume products which use collagen peptides. This serves as a major constraint for the market revenue growth across the region.
Consumers’ eating behavior have altered as a result of globalization and increased exposure to other cultures particularly western lifestyles, with an increase in snacking and eating meals in restaurants. Inadequate nutritional intake raises chance of developing chronic and cardiovascular diseases such hypertension, cancer, obesity, and diabetes. This is directly impacting demand for collagen peptide products, which is further estimated to fuel the market revenue growth in the near future.
The global collagen peptides industry is segmented based on source, application, and region. By source, it is classified into bovine, porcine, marine, and poultry. By application, it is classified into nutritional products, food & beverages, cosmetics & personal care, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the collagen peptides industry report include Tessenderlo Group, Darling Ingredients, GELITA AG, Holista Colltech, Collagen Solutions Plc, Nitta Gelatin India Limited, Amicogen, Gelnex, FOODMATE CO., LTD., and Ewald-Gelatine GmbH.
The report offers a comprehensive analysis of the global collagen peptides market trends by thoroughly studying different aspects of the market including collagen peptides market analysis, market statistics, market dynamics, regional market outlook, collagen peptides market opportunity, and top players working towards the growth of the market. The report also sheds light on the present scenario, collagen peptides market forecast, and upcoming trends & developments that are contributing to the revenue growth of the market. Moreover, restraints and challenges that hold power to obstruct the market growth are also profiled in the report along with Porter’s five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and the emergence of substitutes in the market. In addition, the reports highlight collagen peptides market size for 2021 and yearly collagen peptides market growth from 2022 - 2030. Besides, the report covers a thorough analysis of the collagen peptides market share for each sub-segment, region, country, and key player.
Impact of COVID-19 on the Global Collagen Peptides Market:
- The COVID-19 pandemic has affected production across various industries such as sports nutrition, food & beverages, dairy, cosmetics, and meat & poultry which directly or indirectly involve usage of collagen peptides
- COVID-19 impacted almost all industries and thus all the companies producing collagen peptides ceased their operations owing to import-export restrictions, lockdown imposed across several countries, shortage of labor, and fear of contracting the novel coronavirus
- Social distancing norms, closed borders, and production constraints had a negative impact on the collagen peptides market revenue growth, owing to decline in consumption of meat across the globe
- However, post COVID-19, the market is estimated to grow as there is a significant rise in demand for supplements across the globe owing to need of robust immunity power
Key Findings of the Study
- Based on feedstock, the natural gas sub-segment emerged as the global leader in 2021 and coal sub-segment is anticipated to be the fastest growing sub-segment during the forecast period.
- Based on end-use industry, the automotive sub-segment emerged as the global leader in 2021 and appliances sub-segment is predicted to show the fastest growth in the upcoming years.
- Based on region, the Asia-Pacific market registered the highest market share in 2021 and is projected to maintain the position during the forecast period.
Companies Mentioned
- Darling Ingredients (Rousselot)
- Nitta Gelatin, Inc.
- Gelnex.
- Gelita AG
- Foodmate Co. Ltd.
- Naturin Viscofan GmbH
- Tessenderlo Group (Pb Leiner)
- Weishardt Group
- Lapi Gelatine S.P.A.
- Ewald-Gelatine
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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