Collagen Peptides Market Industry Statistics & Trends

The global collagen peptides market size is estimated to be valued at USD 631 million in 2021 and is projected to reach USD 828 million by 2026, recording a CAGR of 5.6% during the forecast period in terms of value. The demand for collagen peptides products is attributed by the significant increase in consumer inclination toward a healthy lifestyle and the rise in the demand for collagen peptides for medical applications is driving the overall collagen peptides market growth.

The marine & poultry sourced collagen peptides is projected to grow at the highest CAGR in the global market.

Based on source, marine & poultry segment is forecasted to grow at the highest CAGR from 2021 to 2026. Marine collagens are extracted from different sources, which include fishes and invertebrate marine animals such as jellyfish and sponges. Collagen peptides extracted from fish are relatively smaller in terms of the type of peptide composition. These increase digestibility and are absorbed and distributed easily in the body.

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The nutritional products segment was the largest application in the global collagen peptides market.

Nutritional products was the largest application segment in the global market. in recent few years, the nutritional products such as supplements and sports nutrition infused with collagen peptides have gained huge popularity among consumers due to their effectiveness. These products containing collagen peptides are easy to absorb and more bioavailable. Also, these products contain unique nutritional and amino acids profile as collagen peptides are fat and carbohydrate-free.

By region, Asia Pacific is projected to grow at the highest CAGR during the forecast period

In the last few decades, the Asian region has witnessed a growing economy of countries and the rising living standard of consumers. Technological advancements have led to the identification of various application areas for collagen peptides, such as pharmaceutical and nutraceutical products. Also, their rising demand as an ingredient in the food & beverage sector has contributed to the growth of the collagen peptides market. In the Asia Pacific region, collagen peptides are majorly used in food & beverage products to extend the shelf life of products and add nutritional value to them without affecting their texture.

By source, bovine was the largest source in the global collagen peptides market.

By source, bovine was the largest source in the global market. Bovine collagen peptides are relatively less costly and easily available in the market. It is the best option for consumers who are health- and beauty-conscious. Some of the benefits associated with bovine collagen are that it hydrates the skin, supports digestion and heals the gut, supports muscle strength, and supports hair growth and nail health.

By application, pharmaceuticals is the fastest growing application in the global collagen peptides market.

By application, pharmaceuticals is the fastest growing application in the global market. A high potential of collagen and its peptides is found in the pharmaceutical industry. Biotechnological advancements have discovered the utilization and incorporation of collagen in pharmaceutical applications as bioactive compounds or functional biomaterials. Collagen peptide products are specifically designed by manufacturers to meet the stringent safety and quality specifications for emerging biomedical applications. Collagen finds numerous applications in the pharmaceutical industry, in medical devices, scaffolds for tissue regeneration, and in the drug delivery system.

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