Collagen Peptides Market Size, Share, Growth Analysis, By Form(Dry and liquid), By Source(Bovine, porcine) - Industry Forecast 2024-2031

Collagen Peptides Market size was valued at USD 630.5 million in 2021 and is poised to grow from USD 667.07 million in 2022 to USD 1047.26 million by 2030, at a CAGR of 5.8% during the forecast period (2023-2030).

The competitive landscape of the collagen peptides market is characterized by intense competition among various players. The market is highly fragmented, with numerous companies operating regionally and globally, striving to capture a significant share of the market. Key players in the collagen peptides market focus on research and development activities to develop innovative products and expand their product portfolios. They also emphasize strategic partnerships, collaborations, and acquisitions to strengthen their market position and gain a competitive advantage. Additionally, marketing and promotional activities play a crucial role in creating brand awareness and attracting consumers. The market is witnessing increasing entry of new players, particularly in emerging economies, which further intensifies the competition. These players often focus on offering cost-effective collagen peptide products to gain a foothold in the market. However, established players benefit from their experience, established distribution networks, and strong relationships with suppliers, giving them a competitive edge. Furthermore, the collagen peptides market is witnessing advancements in production technologies to enhance efficiency and reduce costs. Manufacturers are investing in process optimization and quality control to meet the stringent regulatory requirements and maintain product consistency and quality. 'Rousselot (Netherlands)', 'Gelita AG (Germany)', 'Nitta Gelatin Inc. (Japan)', 'PB Gelatins/PB Leiner (Belgium)', 'Weishardt (France)', 'Darling Ingredients Inc. (US)', 'Tessenderlo Group (Belgium)', 'Italgelatine S.p.A. (Italy)', 'Lapi Gelatine S.p.A. (Italy)', 'GELNEX (Brazil)', 'Collagen Solutions PLC (UK)', 'Norland Products Inc. (US)', 'Hangzhou Nutrition Biotechnology Co., Ltd. (China)', 'Advanced BioMatrix Inc. (US)', 'Amicogen Inc. (South Korea)', 'Great Lakes Gelatin Company (US)', 'Vinh Wellness (Vietnam)', 'Vital Proteins LLC (US)', 'Hanil Gelatin Co., Ltd. (South Korea)', 'Titan Biotech Ltd. (India)'

As the population continues to age, there is an increasing prevalence of age-related health issues, such as joint pain, osteoporosis, and skin aging. Collagen peptides have gained popularity as a natural solution to address these concerns, as they can help improve joint function, bone density, and skin elasticity, making them attractive to the aging population.

Increasing Application in Sports Nutrition: Collagen peptides are becoming increasingly popular in sports nutrition products. They are recognized for their potential to support muscle recovery, enhance athletic performance, and promote healthy joints and connective tissues. The market is witnessing the launch of collagen-based protein powders, bars, and beverages catering to fitness enthusiasts and athletes.

North America dominated the collagen peptides market. The region holds a significant share due to the high consumer awareness and strong demand for collagen-based products. The United States, in particular, is a key market for collagen peptides, driven by the increasing interest in health and wellness, beauty consciousness, and the aging population. The demand for collagen peptides is driven by various industries such as cosmetics, food and beverages, and pharmaceuticals. Additionally, North America has a well-established infrastructure for collagen production and processing, enabling manufacturers to meet the market demand efficiently.