Collagen Peptides Market by Source (Bovine, Porcine, Marine & Poultry), Application (Food & Beverages, Nutritional Products, Cosmetics & Personal Care Products, Pharmaceuticals), Form (Dry, Liquid) and Region - Global Forecast to 2028
The global collagen peptides market size was USD 665 million in 2022 and is projected to grow from USD 699 million in 2023 to USD 922 million in 2028 at a CAGR of 5.7% in the 2023-2028 period. The value of collagen peptides has significantly risen due to its increased utilization in various sectors such as medical, cosmetics, food, and pharmaceutical applications. This growth is further driven by the growing awareness of consumer health in emerging markets like Asia Pacific, Middle East, Africa, and South America.
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Collagen Peptides Market Dynamics
DRIVER : Increase demand for collagen peptides in the cosmetics and personal care products industry
Collagens present in the skin are responsible for skin structure. Collagen fibers present in the human skin get damaged with time, losing thickness and strength, resulting in skin aging. Collagen peptides are being used in cosmetic and personal care products. They are used in the form of creams and are used as nutritional supplements for the bones. They are also used for skin replacement and the augmentation of soft skin, among others. They are used in various personal care products, such as soaps, shampoos, body lotions, and facial creams
For cosmetic applications, collagen peptide is used for soft tissue augmentation, cosmetic surgery, and face and hand rejuvenation. It is used in dermal filler to improve volume deficiencies and to improve the contour of the face. As the population ages globally and per capita incomes rise, the demand for collagen peptides market used in cosmetics and personal care products is poised to rise in the coming times.
RESTRAINT : Cultural restrictions on the consumption of animal-sourced products
Collagen peptides are animal by-products formed from the collagen of slaughtered animals, which includes hoovers, hides, and bones of cattle, poultry, fish, and pigs. In certain regions of the world, the consumption of certain animal are forbidden due to religious reasons. For example, Muslim communities and Middle Eastern countries refrain from consuming pig and related product. In India, beef is forbidden among Hindus. Therefore, in these regions, market for collagen derived from cows and pigs is estimated to be negligible.
In India, the consumption of cattle-derived products is culturally forbidden. The Hindu community does not consume beef and beef-derived products. Hence, they prefer pork-based collagen peptides. The other example is the Jewish population, which largely prefers consuming kosher-certified products. Kosher guidelines also inhibit the consumption of pigs and pig-derived products. These cultural and regional outlooks pose a restraint for the growth of collagen peptides market.
Opportunity: Promotion of healthy diet by governments
Inadequate consumption of essential nutrients increases the risk of various chronic and cardiovascular diseases, such as hypertension (high blood pressure), cancer, obesity, and diabetes. With globalization and higher exposure to other cultures (especially Western lifestyles), consumers’ eating patterns have also changed, with an increase in snacking and eating meals in restaurants.
Government associations and organizations such as WHO, and FAO promote the consumption of healthy diet to propel consumer awareness, skills, preferences, attitutes, and behavior regarding diet and nutrition. These organizations have been involved in promoting healthy eating. For instance, in March 2019, the USDA announced the launch of the “Start Simple with MyPlate Campaign” to improve the busy lifestyle of Americans concerning health and well-being over time.
Hydrolyzed collagen has a wide application in nutritional foods and dietary supplements that are being consumed at a large scale by consumers. Government initiatives toward a healthy lifestyle would lead to an increase in the demand for these products, directly affecting the collagen peptides market.
Challenge: Ethical and sustainability concerns
Collagen peptides are primarily sourced from animal by-products, such as bovine hides, fish scales, or chicken cartilage. Ethical and sustainability concerns related to animal welfare, overfishing, and environmental impact can pose challenges for the collagen industry.
According to a survey conducted by Deloitte in March 2021 to study consumer attitudes and behaviors around sustainability, consumers are increasingly making conscious decisions with sustainability and the environment in mind. As consumers become more conscious of these issues, there is a growing demand for responsibly sourced collagen peptides, which requires careful attention to sourcing and production practices. Due to these factors, the manufacturers in the industry are challenged to lookout for alternate resources of collagen such as plant sources to keep up with the consumer trends related to sustainability.
Collagen Peptides Market Ecosystem
Notable companies in this market include financially stable and well-recognized manufacturers of collagen peptides. They have been operating in the market for many years and hold a varied product portfolio, state-of-the-art technologies, and strong global sales and marketing networks. Significant companies in this collagen peptides market include Tessenderlo Group (Belgium), Gelita AG (Germany), Holista Colltech (Australia), Darling Ingredients (US), and Nitta Gelatin Inc. (Japan).
Technological advancements in collagen extraction and production to drive the demand for collagen peptides market
Technological advancements in collagen extraction and production have played a significant role in the growth of the collagen peptides market. Traditional methods of extracting collagen from animal sources, such as boiling or acid treatment, have been refined and optimized. Modern extraction techniques involve enzymatic hydrolysis, where specific enzymes are used to break down collagen into smaller peptides. This method is more efficient and yields higher-quality collagen peptides.
Technological advancements have made it easier to extract collagen from different sources, allowing for a wider range of collagen peptide products to cater to specific preferences and dietary requirements. Advances in purification and concentration techniques have enabled the production of collagen peptides with higher levels of purity and standardized molecular weight profiles. This ensures consistent quality and effectiveness in collagen peptide products. These advances in technology and manufacturing processes have made it easier and more cost-effective to extract collagen peptides from various sources. They have also contributed to the availability of collagen peptides in a wider range of products and have helped drive market growth.
Rise in consumer health awareness and increased use of collagen in the food and beverage industry to augment the market growth
Collagen peptides are used in diverse applications such as functional foods, therapeutic food, dietary supplements, sports nutrition, and beverages. They are also used as ingredients in various food & beverage products due to their versatile nature. The charcteristics in collagen peptides increase their integration in food products.
Moreover, collagen peptides market are increasingly being used by manufacturers to produce dairy products, as they provide a clean label to products. Collagen peptides offer multiple health benefits. They help to build and repair muscles, tendons, ligaments, and cartilage that get stressed during exercise. Protein helps in reducing post-exercise joint pain. It also helps in strengthening the joints and ligaments and improves the performance of athletes. Collagen used in dietary supplements is key to maintaining healthy and active lifestyles. Consumers have started opting for healthy diets, owing to the increasing awareness about health & wellness, and changing lifestyles. Thus, the market for collagen peptides has a bright future during to forecast period.
Europe is expected to dominate the market during the forecast period
Countries such as Germany, UK, France, Italy, Spain, and rest of Europe have been considered in this study. Some of the factors for the high demand of the market in the European region include high consumer awareness regarding health. The region also has a well-established cosmetics and personal care products industry in France and other European countries that is well known for research and innovation.
Moreover, Europe is one of the leading regions in the pharmaceutical industry. As a result, collagen peptides are widely used in biomedical applications. The headquarters of key players such as Gelita AG (Belgium), Tessenderlo Group (Belgium), Lapi Gelatine S.p.A (Italy) makes it a significant region in the collagen peptides market.
Key Players in Collagen Peptides Market
The key players in this include Tessenderlo Group (Belgium), Gelita AG (Germany), Holista Colltech (Australia), Darling Ingredients (US), and Nitta Gelatin Inc. (Japan). These players in this market are focusing on increasing their presence through agreements, partnerships, acquisitions, and collaborations. These companies have a strong presence in North America, Asia Pacific, and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.
Collagen Peptides Market Report Scope
Report Metric |
Details |
Market size value in 2023 |
USD 699 Million |
Revenue forecast in 2028 |
USD 922 Million |
CAGR |
5.7% from 2023 - 2028 |
Base year considered |
2022 |
Forecast period considered |
2023–2028 |
Units considered |
Value (USD) |
Segments Covered |
By Source, By Application, By Form, and By Region |
Regions covered |
North America, South America, Europe, Asia Pacific, and Rest of the World |
Companies studied |
|
Collagen Peptides Market Segmentation
Market By Source
- Bovine
- Porcine
- Marine & Poultry
Market By Form
- Dry
- Liquid
Market By Application
- Food & Beverages
- Nutritional Products
- Cosmetics & Personal Care Products
- Pharmaceuticals
Market By Region
- North America
- Europe
- Asia Pacific
- South America
- Rest of the World (RoW)
Recent Developments in Collagen Peptides Market
- In December 2020, Gelita AG (Germany) acquired 65% of the shares in the Turkish gelatine producer SelJel (Turkey). The acquisition is part of the company’s growth strategy and will enable the company to meet the increasing demand for halal beef gelatine.
- In August 2023, Tessenderlo group (Belgium) entered into a joint venture with Hainan Xiangtai Group for the production and sale of fish collagen peptides based on PB Leiner’s technology. The new venture enables Tessenderlo Group, a world-leading gelatine 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.
Frequently Asked Questions (FAQ):
Which are the major companies in the collagen peptides market?
The key players in this include Tessenderlo Group (Belgium), Gelita AG (Germany), Holista Colltech (Australia), Darling Ingredients (US), and Nitta Gelatin Inc. (Japan).
What are the drivers and opportunities for the Collagen Peptides market?
Collagen peptides market to grow due to rising demand for cosmetics, personal care products, and technological advancements in extraction techniques.
Which region is expected to hold the highest market share?
The market in Europe is expected to have the largest market share in 2023, showcasing strong demand for collagen peptides in the region.
Which are the challenges that could restrict market growth of the collagen peptides market?
Sustainability and ethical concerns and insufficient processing technologies are some of the challenges that could restrict the market growth.
How big is the collagen peptides market?
The global collagen peptides market size was $699 million in 2023, and is projected to reach $922 million by 2028, growing at a CAGR of 5.7% from 2023 to 2028.
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This research involves the extensive use of secondary sources; directories; and databases (Bloomberg and Factiva) to identify and collect information useful for a technical, market-oriented, and commercial study of the collagen peptides market. In-depth interviews were conducted with various primary respondents, such as key industry participants, Subject Matter Experts (SMEs), C-level executives of key market players, and industry consultants, to obtain and verify critical qualitative and quantitative information and to assess prospects.
Secondary Research
In the secondary research process, various sources, such as the Food and Agricultural Organization (FAO), China Food and Drug Administration (CFDA), United States Department of Agriculture (USDA), European Food and Fermentation Cultures Association (EFFCA), U.S Department of Agriculture (USDA), American Feed Industry Association (AFIA), Organization for Economic Co-operation and Development (OECD) and others were referred to identify and collect information for this study. The secondary sources also include journals, press releases, investor presentations of companies, whitepapers, certified publications, articles by recognized authors and regulatory bodies, trade directories, and paid databases.
Primary Research
The collagen peptides market comprises several stakeholders, including manufacturers and suppliers of collagen peptides, processors and regulatory organizations in the supply chain. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Primary interviewees from the supply side include research institutions involved in R&D to introduce technology, collagen peptides distributors and wholesalers, importers & exporters of collagen peptides, and technology providers. Primary sources from the demand-side include key opinion leaders, executives, vice presidents, and CEOs of collagen peptides companies catering collagen peptides in developing companies through questionnaires, emails, and telephonic interviews.
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Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the market. These approaches were also used extensively to determine the size of various subsegments in the market. The research methodology used to estimate the market size includes the following details:
- The key players in the industry and the markets were identified through extensive secondary research.
- The collagen peptides market was determined through primary and secondary research.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
- All macroeconomic and microeconomic factors affecting the growth of the market were considered while estimating the market size.
- All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.
Market size estimation: Top-Down approach
- Calculations for the market size have been based on the revenues of key companies identified in the market, which dominated the overall market size. This overall market size has been used in the top-down procedure to estimate the size of other individual markets (mentioned in the market segmentation) via percentage splits derived using secondary and primary sources.
- All macroeconomic and microeconomic factors affecting the growth of the collagen peptides were considered while estimating the market size.
- All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.
- For the calculation of market shares of each market segment, the size of the most appropriate and immediate parent market has been considered for implementing the top-down procedure. The bottom-up procedure has also been implemented for data extracted from secondary research to validate the market size obtained for each segment.
Collagen Peptides Market Size Estimation: Supply Side
Collagen Peptides Market: Supply Side Calculation
Market size estimation methodology: Bottom-up approach
- The bottom-up approach was implemented for the data extracted from secondary research to validate the share of the market segments obtained.
- With the bottom-up approach, collagen peptides for each source and form for each country were added up to arrive at the global and regional market size and CAGR.
- The pricing analysis was conducted based on form and regions. From this, the market size is derived, in terms of volume, for each region and form of collagen peptides.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
- The bottom-up procedure has been employed to arrive at the overall size of the collagen peptides market from the revenues of key players (companies) and their product share in the market.
- The market share was then estimated for each company to verify the revenue share used earlier in the bottom-up procedure. With the data triangulation procedure and validation of data through primaries, the exact values of the overall parent and each individual market have been determined and confirmed in this study.
Data Triangulation
After arriving at the overall market size from the above estimation process using both top-down and bottom-up approaches, the total market was split into several segments and subsegments. To complete the overall collagen peptide market estimation and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Market Definition
According to GELATINE MANUFACTURERS OF EUROPE (GME), “Collagen peptides are a white, odorless powder that are neutral in taste and highly soluble in cold liquids. This powder emulsifies, foams, adds consistency, and binds. Similar to gelatine, collagen peptides are derived from Type 1 collagen through a hydrolysis process. This is the same type of collagen found in human skin and bone. Protein makes up 97% of this natural product. On a dry basis, collagen peptides contain 18 amino acids, including eight of the nine essential amino acids. The amino acids glycine, proline, and hydroxyproline are the most prevalent in collagen peptides, making up to 50% of its total amino acid content. This special mix of amino acids gives collagen peptides several functional properties.”
Key Stakeholders
- Supply-side: Meat processors, bovine, porcine, marine & poultry collagen extractors, collagen peptides market manufacturers.
- Demand-side: Food & beverage manufacturers, Nutritional products manufacturers, Cosmetics & personal care product manufacturers, and Pharma industries.
- Regulatory-side: Related government authorities, commercial research & development (R&D) institutes, and other regulatory bodies
Report Objectives
Market Intelligence
- Determining and projecting the size of the collagen peptides market based on source, form, application, and region over a five-year period ranging from 2023 to 2028.
- Identifying the attractive opportunities in the market by determining the largest and fastest-growing segments across the key regions
- Analyzing the demand-side factors based on the following:
- Impact of macro- and micro-economic factors on the market
- Shifts in demand patterns across different subsegments and regions.
- Providing detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders.
- To strategically profile the key players and comprehensively analyze their core competencies.
- To analyze competitive developments such as joint ventures, mergers & acquisitions, new product developments, and research & development (R&D) in the market.
Competitive Intelligence
- Identifying and profiling the key market players in the collagen peptides market
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Providing a comparative analysis of the market leaders based on the following:
- Product offerings
- Business strategies
- Strengths and weaknesses
- Key financials
- Understanding the competitive landscape and identifying the major growth strategies adopted by players across the key region.
- Analyzing the value chain and regulatory frameworks across regions and their impact on prominent market players
- Providing insights into the key investments and product innovations and technology in the market
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
The following customization options are available for the report:
Product Analysis
- Product Matrix, which gives a detailed comparison of the product portfolio of each company.
Geographic Analysis
With the given market data, MarketsandMarkets offers customizations according to the company-specific scientific needs.
- Further breakdown of the Rest of the European collagen peptides market, by key country
- Further breakdown of the Rest of the South American market, by key country
- Further breakdown of the Rest of Asia Pacific market, by key country
Company Information
- Detailed analyses and profiling of additional market players
Growth opportunities and latent adjacency in Collagen Peptides Market
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