
Global Collagen Peptides Market - Global Forecast To 2030
Category :
Food & Beverages
Published:
Feb-2022
Feb-2022
Author:
SPER Analysis Team
SPER Analysis Team
Global Collagen Peptides Market - Global Forecast To 2030
According to SPER Market Research, the collagen peptides market estimated to reach USD 996 million by 2030 with a CAGR of 5.2%.
Rising geriatric population globally is a key driver for the growth of collagen peptide market. The evolving cosmetic industry and development of nutritional supplements are increasing consumption of collagen peptides.
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Collagen peptides are the source of protein derived as a by-product from collagen from animal bones, hooves of cattle, hides, fish, pigs and poultry.
According to World Population Prospects: the 2019 Revision, 1 in every 6 people will be over age 65 contributing to 16% of world population by 2050. The rising geriatric population will drive the nutritional, cosmetic and healthcare industries in the forecast period.
Collagen peptides are derived by breakdown of collagen proteins. On consumption, collagen peptides build up in the cartilage and skin and thus can help in improving skin and joint related health conditions. Collagen intake can help in osteoporosis, muscle strengthening and other health conditions.
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The pharmaceuticals market is the largest source segment by share in this market. The large share of this segment is mainly due to rising applications of collagen in pharmaceuticals, medical devices, drug delivery systems and scaffolds preparation. Asia Pacific dominated the market by regional segmentation owing to rising awareness for nutrition and diet, evolving cosmetic industry, rapid industrialization, increasing income and high usage of cosmetic products.
The global collagen peptides market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as Amicogen, Aspen Naturals, BioCell Technology, Chaitanya Chemicals, Collagen Solutions plc, Crescent Biotech, Darling Ingredients, Ewald-Gelatine, Foodmate Co. Ltd., GELITA AG, Gelnex, Holista Coltech, Kayos, Lapi Gelatine S.p.a., Nippi. Inc, Nitta Gelatin, Suboneyo Chemicals Pharmaceutical P Ltd, Tessenderlo Group, Vital Proteins LLC. and Weishardt Group.
SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2030. This report provides data for growth estimates and forecasts for application segments-Food & beverages (Beverages, Dairy products, Snacks, soups, and sauces, Meat products, Confectionery products, other food & beverages), Nutritional products (Dietary supplements, Sports nutrition), Cosmetics & personal care products, Pharmaceuticals; for form segment- dry and liquid; for form segment-bovine, porcine and marine & poultry. This report also provides the data for key regional segments of North America, Europe, Asia-Pacific and Rest of the World.
This study also encompasses various drivers and restraining factors for this market for the forecast period. Various growth opportunities are also discussed in the report.
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