Global Collagen Peptides Market Research Report: Forecast (2024-2030)

Market Definition

Collagen peptides, also known as hydrolyzed collagen, are broken down into small amino acid chains derived through the enzymatic hydrolysis process of collagen. These are easily digestible, cold-soluble, and highly bioactive collagen sources. The consumption ensures elasticity, durability, and renewal of hair, skin, cartilage, tendon, shoulder, bone, etc.

Market Insights & Analysis: Global Collagen Peptides Market (2024-30):

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 growing consumption of peptide-based supplements facilitates muscle development. It improves joints, strengthening the performance of athletes which is expected to be one of the leading factors for rising expenditure in the healthcare sector and hence driving the market growth & expansion.

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Along with this, the rising disposable income of the population in developed and developing countries also boosts the demand for such products, eventually accelerating the revenue growth of the collagen peptides industry globally. Additionally, the top companies manufacture peptides-based products such as skincare, haircare, and wellness products, biomedical materials, and dental surgery devices. Wide access and brand image of these top market players help in the easy sale of innovative peptides-based products, thus the market position of top market players & their image is also accelerating the demand for collagen peptides.

Collagen peptides are very tiny proteins extracted by animals such as bovine hides, fish scales, or chicken cartilage, which leads to growing ethical and sustainability concerns about the environmental impact. This discourages consumers from utilizing collagen peptides in daily usable products such as cosmetics, shampoos, eatables, etc. Therefore, these concerns are expected to hamper the growth of the Collagen Peptides Market. However, the rising research and development by manufacturers and biotechnology facilitate enhancing the application of active peptides in personal care and nutricosmetics, which is expected to catalyze the growth of the Global Collagen Peptides Market.  Furthermore, marine organisms are significant sources of collagen peptides, which are comparably advantageous sources, as they do not foster transmissible diseases. This is the reason behind the growing adoption of marine collagen peptides, which is estimated to augment the size & volume of the collagen peptides industry.

In addition, the government and other organizations emphasize more towards healthy consumption to promote consumer awareness of diet and healthy consumption. Therefore, the rising government initiatives offer growth opportunities for the market players. Moreover, the Inclination towards Western culture prompts dependency on nutraceuticals and drugs which also comprise collagen peptides for healthy routines, leading to rising consumer healthcare and resulting in flourishing market growth. Also, collagen peptides are highly utilized as an ingredient in certain healthy foods & beverages as well as dietary supplements which facilitate maintaining a healthy and active lifestyle. This facilitates in growing acceptance of such products by the diet and fitness-conscious population, which further leads to accelerating demand for collagen peptides.

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.

Global Collagen Peptides Market Challenge:

Religious Beliefs Impeding Market Growth – The collagen peptide is extracted from animal sources such as hoovers, hides, and bones of cattle, poultry, fish, and pigs. This animal slaughtering is restricted in some of the countries owing to religious reasons. For instance, in Muslim communities and Middle Eastern countries pig consumption is highly forbidden; in India, the consumption of cattle products and beef is highly restricted owing to religious belief; likewise, the Jewish population majorly consumes Kosher-certified products which are driven from pigs. Therefore, cultural barriers and religious beliefs are creating major hurdles in the overall market expansion.

Global Collagen Peptides Market Trend:

Integration of Advanced Technologies in the Extraction Process – The evolving technological advancements in collagen extraction are anticipated to change marker dynamics in the coming years and open several dimensions for market growth & expansion. This growing adoption of modern technologies is more convenient and easier in the extraction process compared to the traditional methods. Along with this, the modern technique comprises enzymatic hydrolysis, where specific enzymes are used to break down collagen into smaller peptides.

So, technological advancements help in producing higher-quality collagen peptides at low costs. Additionally, purification and concentration techniques with modern technology promote higher levels of purity and standardized molecular weight profiles. This led to consistent quality and effectiveness in collagen peptide products at reasonable costs. Hence, the growing adoption of advanced technology in the extraction process is anticipated to augment the revenue growth of the top market players and boost the size & volume of the collagen peptides industry.

Global Collagen Peptides Market (2024-30): Segmentation Analysis

The Global Collagen Peptides Market study of MarkNtel Advisors evaluates & highlights the major trends and influencing factors in each segment. It includes predictions for the period 2024–2030 at the global level. Based on the analysis, the market has been further classified as:

Based on Source:

• Animal
• Marine
• Poultry

The animal segment dominates the collagen peptides industry with the largest market share because animal sources are rich in types I and III, which facilitate strengthening bones, muscles, ligaments, and gums. It also improves skin health, reduces wrinkles, and prevents skin disorders. Moreover, animal sources consist of bovine, which is further used to reduce the symptoms of osteoporosis & osteoarthritis and provide better skin health. Additionally, the higher accessibility of cattle and rising beef production at affordable prices help in utilizing animal sources more effectively & efficiently in producing collagen peptides, augmenting the segmental revenue growth.

Based on Application:

• Personal Care & Cosmetic
• Pharmaceutical
• Nutritional Products
• Food & Beverages

The Food & Beverages segment holds the largest share of the global peptides industry. Collagen peptides help maintain the structure of various tissues & organs and improve the elasticity, consistency, and stability of food items, thus generating maximum revenue from this application category. In addition, the rising health awareness and healthy routines propelled consumers to opt for nutritional diets. This inclination towards health and fitness requires healthy and dietary consumption, thus collagen peptides are used as an ingredient in dietary supplements, functional, therapeutic, & nutritional foods, and provide multiple health benefits.  Also, collagen peptides strengthen ligaments and joints that attract athletes, so the demand from the food & beverages segment is increasing continuously.

Moreover, collagen peptides are highly preferred ingredient in dairy products because they offer clean labels, resulting in the rising demand for collagen peptides.  Therefore, the versatile application of collagen peptides in the Food & Beverages category is generating maximum revenue growth for this segment and ultimately augmenting the size & volume of the collagen peptides industry globally.

Global Collagen Peptides Market (2024-30): Regional Projections

Geographically, the Global Collagen Peptides Market expands across:

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

On a global scale, North America is leading the peptides industry with the largest market share. This is owing to the availability of established health clubs and fitness gyms, which encourage health and fitness-conscious populations towards a healthy diet. Also, the rising prevalence of chronic disease results in an increasing number of patients consuming products made of collagen peptides. Moreover, the rising disposable income in this region prompts individuals to spend more on cosmetics & healthcare products, manufactured with collagen peptides, as these products are suitable for their health. So, as a result, the demand for collagen peptides is increasing, which is ultimately generating maximum revenue growth for the North America Collagen Peptides Market.

Furthermore, the evolving technological advancements in the extraction process of collagen peptides and the establishment of a favorable environment by the governments of this region are helping to make a positive market outlook for the future growth & expansion of the collagen peptides industry in North America.

Global Collagen Peptides Industry Recent Development:

• 2024: Nitta Gelatin India Limited (NGIL) launches around Rs 200 crore collagen peptides expansion project. NGIL is a joint venture between Nitta Gelatin of Japan and the Kerala State Industrial Development Corporation. 
• 2023: Based on PB Leiner's technology, Tessenderlo Group (Belgium) and Hainan Xiangtai Group formed a joint venture for the manufacturing and marketing of fish collagen peptides. With this new endeavor, Tessenderlo Group, a global leader in the production of gelatine and collagen solutions, will be able to meet the growing demand for high-quality marine collagen peptides by producing and marketing a comprehensive line of premium SOLUGEL® fish collagen peptides.

Gain a Competitive Edge with Our Global Collagen Peptides Market Report

1. Global Collagen Peptides Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size & share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
2. This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
3. Global Collagen Peptides Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks & optimize their operations.

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