Global Collagen Peptides Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-2030
The Global Collagen Peptides Market size was valued at around USD 722 million in 2023 and is projected to reach USD 1.4 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.1% during the forecast period, i.e., 2024-30. The Global Collagen Peptides Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisor’s Global Collagen Peptides Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global Collagen Peptides Market drivers, barriers, Global Collagen Peptides Market Trends, and Key Players in Global Collagen Peptides Market.
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Global Collagen Peptides Market Dynamics: 2024-2030
Global Collagen Peptides Market Driver:
Growing Demand for Cosmetics & Personal Care Products Driving Market Growth – Collagen peptides facilitate enhancing skin, cartilage, and joint conditions. This offers augmentation of soft tissue and also provides nutritional supplements for the bones, resulting in the utilization of collagen peptides in various products such as soaps, shampoos, body lotions, and facial creams. In addition, specifically for cosmetic applications, collagen peptides are used in dermal fillers to enhance volume efficiency and improve the contour of the face. Also, they avail cosmetic surgery, and face & hand rejuvenation. Moreover, the population expansion coupled with a rising income level accelerated the demand for cosmetics and personal care products, which is ultimately driving the market growth.
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Global Collagen Peptides Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Source
-Animal
-Porcine
-Bovine
-Others
-Marine
-Poultry
By Application
-Personal Care & Cosmetic
-Pharmaceutical
-Nutritional Products
-Dietary Supplements
-Sports Nutrition
-Food & Beverages
-Dairy Products
-Meat Products
-Confectionery Products
-Beverages
-Cereals & Snacks
-Others
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific.
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Top Companies Operating in the Global Collagen Peptides Market:
Tessenderlo Group, Gelita, Holista Colltech, Darling Ingredients, Nitta Gelatin, Gelnex, Lapi Gelatine, Weishardt, Crescent Biotech, Foodmate, and others.
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