Collagen Peptides Market Size, Share, Forecast, & Trends Analysis by Source (Bovine, Porcine, Marine), Form (Dry, Liquid), Application (Food & Beverages [Confectionery, Dairy, Meat & Fish Products], Pharmaceuticals, Personal Care) - Global Forecast to 2031

Collagen Peptides Market Size & Forecast

The Collagen Peptides Market is projected to reach $1.35 Billion by 2031, at a CAGR of 7.4% during the forecast period 2024–2031. The growth of this market can be attributed to several factors, including the increasing use of collagen peptides in the food & beverage industry, growing awareness about the health benefits of collagen peptides, and expanding the personal care industry. However, the rising consumer shift towards vegan diets and stringent regulations for animal-sourced added substances restrain the growth of this market. Moreover, the emerging economies in Asia-Pacific, Latin America, and the Middle East & Africa and expansion into plant-based alternatives are expected to generate significant growth opportunities for the stakeholders in the collagen peptides market. On the other hand, ethical and sustainability concerns pose a major challenge to market growth. The latest trends in the collagen peptides market are rising applications in sports nutrition and a shift towards vegan collagen.

Collagen Peptides Market Growth Drivers

Increasing Use of Collagen Peptides in Food & Beverage Industry Driving Market Growth

Collagen peptide, with its unique properties, has been extensively used in food & beverage products to meet the growing consumer demand for functional foods. These peptides are easily soluble and flavorless and can be added to various products without altering their taste or texture, making them ideal for fortifying foods & beverages. From protein bars and smoothies to functional drinks and dietary supplements, the inclusion of collagen peptides enhances the nutritional profile of these products, catering to health-conscious consumers who seek products that offer more than just basic nutrition.

Furthermore, the rising trend of clean labels and natural ingredients in the food & beverage industry has further boosted the demand for collagen peptides. Consumers are increasingly looking for products with simple, recognizable ingredients that offer specific health benefits, such as improved skin health, joint support, and overall wellness. Collagen peptides, derived from natural sources such as bovine, porcine, and marine, align perfectly with these consumer preferences. As manufacturers respond to this demand by innovating and expanding their product lines to include collagen-enhanced offerings, the market for collagen peptides continues to grow.

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Growing Awareness About the Health Benefits of Collagen Peptides to Boost Market Growth

Collagen peptides are known to promote skin and hair health. Regulated consumption of collagen peptides also improves heart and bone health. The elasticity and flexibility offered by collagen peptides facilitate healthy, wrinkle-free skin and a youthful appearance. Additionally, their benefits extend to joint health by aiding in the repair and maintenance of cartilage, which helps alleviate joint pain and improve mobility. This broad spectrum of health advantages has led to increased consumer adoption, particularly among aging populations and health-conscious individuals seeking to maintain their overall well-being.

Moreover, the dissemination of information through social media, health blogs, and wellness influencers has significantly contributed to the heightened awareness of collagen peptides' benefits. Consumers are becoming more educated about the potential of collagen peptides to support not just beauty and joint health but also bone density, muscle mass, and gut health. This widespread dissemination of knowledge has resulted in a growing number of individuals incorporating collagen peptides into their daily health regimens. Thus, the growing awareness about the health benefits of collagen peptides supports the growth of the collagen peptides market.

Collagen Peptides Market Trends

Rising Application in Sports Nutrition

Nowadays, athletes and fitness enthusiasts are increasingly turning to collagen peptides for their proven benefits in supporting muscle repair, enhancing recovery, and promoting joint health. Collagen peptides are rich in essential amino acids, such as glycine and proline, which are vital for the synthesis and repair of connective tissues. This makes them an ideal supplement for those engaged in intense physical activities, as they help reduce the risk of injuries and speed up recovery times. The growing popularity of collagen-infused protein powders, bars, and recovery drinks among the athletic community is a testament to the increasing recognition of collagen peptides' role in sports nutrition.

Shift Towards Vegan Collagen

Traditionally, collagen peptides are derived from animal sources such as bovine, porcine, and marine organisms. However, with the increasing consumer awareness of animal welfare, environmental sustainability, and the rise in veganism, there is a growing demand for plant-based and vegan collagen alternatives. These vegan collagen peptides are typically produced using genetically modified microorganisms or plant extracts, which mimic the amino acid profile of traditional collagen. This shift is being driven by a significant segment of health-conscious consumers who seek to maintain their dietary choices while still benefiting from the health properties associated with collagen, such as improved skin elasticity and joint health.

The development and availability of vegan collagen are also opening new market opportunities and fostering innovation within the industry. Companies are investing in research and development to create effective and bioavailable vegan collagen products that can compete with traditional animal-derived versions. This includes advancements in biotechnology to produce collagen peptides that are identical in structure to those found in animals, ensuring they deliver similar health benefits. Additionally, the marketing and positioning of vegan collagen products align with broader consumer trends towards clean-label, ethical, and sustainable products, further driving their popularity.

Collagen Peptides Market Opportunity

Emerging Economies in Asia-Pacific, Latin America, and the Middle East & Africa Generating Growth Opportunities for Market Players

Emerging economies, particularly Asia-Pacific, Latin America, and the Middle East & Africa, are boosting the growth of the collagen peptides market and hold huge potential for future growth. This growth is mainly due to the region’s rapid economic development, increasing disposable incomes, and a growing middle class, all of which contribute to higher consumer spending on health and wellness products. In Asia-Pacific, countries such as China, India, and Japan are leading the way, with a rising awareness of the benefits of collagen peptides driving demand in both beauty and nutraceutical applications. The burgeoning beauty and personal care industry in these regions, combined with a strong cultural emphasis on maintaining youthful skin and overall health, is fostering an ideal environment for the growth of collagen peptide products.

Furthermore, Latin America and the Middle East & Africa are emerging as promising markets for collagen peptides due to improving economic conditions and increasing health awareness among consumers. In Latin America, Brazil and Mexico are seeing a surge in the popularity of functional foods and beverages, including those fortified with collagen peptides. The Middle East & Africa region is also experiencing a shift towards healthier lifestyles and dietary supplements, driven by urbanization and a growing interest in fitness and wellness. Market players are capitalizing on these trends by expanding their distribution networks and introducing tailored products that cater to the specific needs and preferences of consumers in these regions.

Collagen Peptides Market Analysis: Key Findings

By Source: In 2024, the Bovine Segment to Dominate the Collagen Peptides Market

Based on source, the collagen peptides market is segmented into bovine, porcine, marine, and poultry. In 2024, the bovine segment is expected to account for the largest share of 39.2% of the collagen peptides market. The segment’s large share can be attributed to its several health benefits, such as skin health, tendon reinforcement, bone loss prevention, improved digestion, and relief from arthritis. This makes bovine collagen peptides one of the widely used and accepted collagen peptides.

However, the marine source segment is projected to witness the highest growth rate during the forecast period of 2024–2031. This segment's high growth is driven by its environmental sustainability and hypoallergenic nature, which make it highly desirable among health-conscious consumers. Marine collagen peptides, derived primarily from fish, are celebrated for their superior bioavailability and efficacy in skin health applications. In addition, these collagens are free from calcium and fat and support the utilization of waste products.

By Form: In 2024, the Dry Segment to Dominate the Collagen Peptides Market

Based on form, the collagen peptides market is segmented into dry and liquid. In 2024, the dry segment is expected to account for the larger share of 60.6% of the collagen peptides market. The large share of this segment can be attributed to its several advantages, including convenience, long shelf life, ease of use & storage, and cost-effectiveness. Additionally, collagen peptides in dry form have excellent blending qualities. These can be used in multiple food products, such as coffee, smoothies, dairy goods, snacks, soups, and sauces.

However, the liquid segment is projected to witness the highest growth rate during the forecast period of 2024–2031. This growth is driven by its superior bioavailability compared to dry-form collagen peptides, which allows for quicker and more efficient absorption by the body, enhancing their effectiveness. This makes them particularly appealing to consumers looking for rapid results in areas such as skin health, joint support, and overall wellness.

By Application: In 2024, the Nutraceuticals Segment to Witness Highest Demand During the Forecast Period

Based on application, the collagen peptides market is segmented into food & beverages, pharmaceuticals, nutraceuticals, cosmetics & personal care, and other applications. In 2024, the food & beverages segment is expected to account for the largest share of 34.6% of the collagen peptides market. The large market share of this segment can be attributed to the vast applications of collagen peptides across the food & beverages industry due to their ability to easily get absorbed in the intestine, thickening food, and texturing properties. In addition, collagen peptides are widely used as a functional ingredient in food & beverage products, owing to their ability to enhance the quality, health value, and nutrition of different food items. These factors contribute to the segment’s large share.

However, the nutraceuticals segment is projected to witness the highest growth rate during the forecast period of 2024–2031. This growth is driven by the rising demand for well-being products such as powders, capsules, or drinks with nutritional values, the increasing popularity of natural and functional ingredients, the growing use of nutraceuticals for weight management across the globe, and the rise in bones and joints problems among the aging population.

Geographical Analysis

By Geography: In 2024, Europe to Dominate the Global Collagen Peptides Market

In 2024, Europe is expected to account for the largest share of 32.5% of the collagen peptides market, followed by North America, Asia-Pacific, Latin America, and the Middle East & Africa. Europe's collagen peptides market is estimated to be worth USD 439.4 million in 2024. Europe’s significant market share can be attributed to several key factors, including the growing consumer awareness regarding health, the rising aging population, the well-established cosmetics and personal care industry, and the increasing collagen peptides demand from end-use industries such as food & beverages, pharmaceuticals, and nutraceuticals, among others. Moreover, the rising demand for packaged products in countries such as Germany and the U.K. also surges the demand for the products, as collagen peptides are easily soluble and tasteless, allowing them to be incorporated into packaged food products without altering their flavor or texture, making them an ideal ingredient for food manufacturers.

However, the market in Asia-Pacific is slated to register the highest growth rate during the forecast period. The growth of this regional market is driven by the increasing number of food manufacturers and the prevailing food processing industry, particularly in China and India, growing disposable incomes, rapid population growth, rising awareness of nutrition and personal well-being, steady pace of industrialization, high spending on personal care products, and abundant availability of raw material for collagen peptides manufacturing.

Collagen Peptides Market: Key Companies

The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted in the last 3–4 years. Some of the key players operating in the collagen peptides market are Rousselot (A Part of Darling Ingredients Inc.) (Netherlands), Weishardt (France), GELITA AG (Germany), Nitta Gelatin Inc. (Japan), Lapi Gelatine S.p.a. (Italy), Tessenderlo Group NV (Belgium), Ewald-Gelatine GmbH (Germany), Juncà Gelatines SL (Spain), Gelnex (Brazil), Holista Colltech Limited (Australia), Nippi. Inc. (Japan), Chaitanya Agro Biotech Pvt. Ltd. (India), Hangzhou Nutrition Biotechnology Co., Ltd. (China), Norland Products Inc. (U.S.), and Foodmate Co., Ltd. (China).

Collagen Peptides Industry Overview: Latest Developments from Key Industry Players

• In April 2023, Darling Ingredients acquired Brazilian gelatin and collagen producer Gelnex. As part of the transaction, Darling Ingredients has acquired five facilities in South America and one in the U.S., with the capacity to produce 46,000 metric tons of gelatin and collagen products annually.

• In March 2023, Tessenderlo Group’s business unit, PB Leiner, entered into a joint venture (80% owned by Tessenderlo Group) with Hainan Xiangtai Group (China) for the production and sale of fish collagen peptides based on PB Leiner’s technology. The new venture enables PB Leiner, a world-leading gelatin and collagen solutions manufacturer, to produce and commercialize a robust premium SOLUGEL fish collagen peptides product range, tapping into the worldwide increasing demand for qualitative marine collagen peptides.

Collagen Peptides Market Research Summary

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