PUBLISHER: SkyQuest | PRODUCT CODE: 1619363
PUBLISHER: SkyQuest | PRODUCT CODE: 1619363
Global Collagen Peptides Market size was valued at USD 667.7 million in 2022 and is poised to grow from USD 706.43 million in 2023 to USD 1109.05 million by 2031, growing at a CAGR of 5.8% during the forecast period (2024-2031).
The global collagen peptides market is experiencing robust growth, driven by rising consumer awareness of their health benefits, particularly for skin, hair, and nail health. Sourced from animal bones, skin, and connective tissues, these hydrolyzed collagen products are increasingly popular in beauty and personal care, with demand surging for creams, serums, and supplements that enhance skin elasticity and reduce wrinkles. The aging population further propels market expansion as collagen's role in joint health and bone density gains recognition. Additionally, the food and beverage sector is integrating collagen peptides to enhance nutritional value. Challenges include sustainability concerns around animal sourcing, compliance with stringent regulations, and high costs, which hinder broader market access, especially in price-sensitive emerging economies.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Collagen Peptides market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Collagen Peptides Market Segmental Analysis
Global Collagen Peptides Market is segmented by source, form, application and region. Based on source, the market is segmented into bovine, porcine and marine & poultry. Based on form, the market is segmented into dry and liquid. Based on application, the market is segmented into food & beverages, nutritional products, cosmetics & personal care products and pharmaceuticals. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Collagen Peptides Market
The Global Collagen Peptides market is significantly driven by the rising aging population worldwide. With an increasing number of individuals entering their senior years, age-related health challenges such as joint discomfort, osteoporosis, and skin deterioration are becoming more common. This demographic shift has heightened the demand for collagen peptides, which are regarded as effective natural remedies for enhancing joint mobility, boosting bone health, and improving skin elasticity. Consequently, the appeal of collagen peptides continues to grow among older adults seeking solutions to maintain their health and vitality, thereby propelling the market forward.
Restraints in the Global Collagen Peptides Market
The global collagen peptides market faces notable constraints due to stringent regulations and quality standards imposed by various countries. Adhering to these regulations can pose significant challenges for manufacturers, necessitating substantial investments in research, testing, and certification processes to ensure compliance. These requirements can hinder market growth, as companies must allocate considerable resources to meet regulatory specifications, which may divert attention away from product development and innovation. Consequently, the burden of navigating complex regulatory landscapes can impede the ability of manufacturers to operate efficiently and expand their market presence, ultimately impacting the overall growth of the collagen peptides sector.
Market Trends of the Global Collagen Peptides Market
The global collagen peptides market is witnessing a pronounced trend towards integration within sports nutrition, driven by their recognized benefits for muscle recovery, athletic performance enhancement, and support for joint health. This increase in application is catalyzing the launch of innovative collagen-infused protein powders, bars, and beverages tailored specifically for fitness enthusiasts and athletes. As consumer awareness of collagen's utility expands, brands are increasingly targeting this demographic, leading to a surge in product offerings that align with health-conscious lifestyles. This trend not only underscores the versatility of collagen peptides but also signifies their crucial role in the evolving landscape of sports nutrition.