Collagen Peptides Market Size, Share, Industry Trends and Forecast to 2033
This report provides a comprehensive analysis of the Collagen Peptides market from 2023 to 2033, including market size, CAGR, industry analysis, regional insights, and future trends. The aim is to equip stakeholders with relevant data to make informed decisions.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $3.70 Billion |
| CAGR (2023-2033) | 7.3% |
| 2033 Market Size | $7.64 Billion |
| Top Companies | Gelita AG, NutraScience Labs, Collagen Solutions PLC, Vital Proteins |
| Last Modified Date | 15 Nov 2024 |
Collagen Peptides Market Report (2023 - 2033)
Collagen Peptides Market Overview
What is the Market Size & CAGR of Collagen Peptides market in 2023?
Collagen Peptides Industry Analysis
Collagen Peptides Market Segmentation and Scope
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Collagen Peptides Market Analysis Report by Region
Europe Collagen Peptides Market Report:
The European Collagen Peptides market is anticipated to grow from $0.99 billion in 2023 to $2.05 billion by 2033. Europe's focus on health and wellness, coupled with growing trends in veganism and clean label products, is reshaping the demand for collagen ingredients.Asia Pacific Collagen Peptides Market Report:
In the Asia Pacific region, the Collagen Peptides market is projected to grow from $0.72 billion in 2023 to $1.48 billion by 2033. Rapid urbanization, increased disposable income, and growing awareness regarding protein supplements are major driving forces, particularly in countries like Japan and China.North America Collagen Peptides Market Report:
North America holds a significant market share, with an expected growth from $1.33 billion in 2023 to $2.74 billion by 2033. The surge in this region is fueled by a high demand for dietary supplements and functional foods, along with an increase in aging populations looking for anti-aging solutions.South America Collagen Peptides Market Report:
The South American market, valued at $0.33 billion in 2023, is expected to reach $0.69 billion by 2033. The expansion is attributed to a rising health-conscious population that is increasingly turning towards collagen-based products for nutritional and beauty benefits.Middle East & Africa Collagen Peptides Market Report:
In the Middle East and Africa, the market size is expected to increase from $0.33 billion in 2023 to $0.67 billion by 2033. The growth in this region can be attributed to the rising interest in health supplements among the younger demographic and the expansion of e-commerce platforms.Request a custom research report for industry.
Collagen Peptides Market Analysis By Source
Global Collagen Peptides Market, By Source Market Analysis (2023 - 2033)
In 2023, the market share for bovine collagen peptides stands at approximately $2.06 billion, accounting for 55.57%. The marine collagen segment is valued at $0.84 billion (22.76%), followed by porcine at $0.43 billion (11.53%). Other sources contribute significantly as well, with a growing demand for plant-based alternatives in the coming years.
Collagen Peptides Market Analysis By Formulation
Global Collagen Peptides Market, By Formulation Market Analysis (2023 - 2033)
Powder formulations dominate the Collagen Peptides market, achieving $2.06 billion in 2023 and retaining a significant share of 55.57%. Liquid formulations follow at $0.84 billion (22.76%), while capsules and other formulations contribute to the market, evidencing the growing preference for convenient consumption methods.
Collagen Peptides Market Analysis By Application
Global Collagen Peptides Market, By Application Market Analysis (2023 - 2033)
In 2023, the health and wellness segment is valued at $1.51 billion with a share of 40.74%, highlighting the increasing awareness of the benefits of collagen for skin health and joint support. Other significant applications include sports nutrition and food manufacturers, which also contribute substantially to overall growth in this sector.
Collagen Peptides Market Analysis By End User
Global Collagen Peptides Market, By End-User Market Analysis (2023 - 2033)
The nutraceuticals sector accounts for a notable share of $1.51 billion in 2023 (40.74%), driving the demand for collagen peptides. Cosmetics and food manufacturing sectors reflect the rising inclination towards natural and effective ingredients. Other end users, including pharmaceutical applications, are expanding the market further.
Collagen Peptides Market Analysis By Region
Global Collagen Peptides Market, By Region Market Analysis (2023 - 2033)
The regional dynamics of the Collagen Peptides market show North America leading the market with a size of $1.51 billion in 2023. Europe follows closely, with a significant growth trajectory fueled by innovative products, while Asia Pacific is rapidly emerging as a strong contender with increasing consumer interest.
Collagen Peptides Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Collagen Peptides Industry
Gelita AG:
A leading global supplier of collagen peptides and gelatins, Gelita AG is known for its innovative approach towards the development of high-quality collagen-based products for health, nutrition, and cosmetics.NutraScience Labs:
NutraScience Labs specialize in custom supplement manufacturing and provides a variety of collagen peptide products catering to health and beauty markets, focusing on consumer health needs.Collagen Solutions PLC:
This company invests heavily in R&D to provide innovative collagen-based solutions that cater to the medical and aesthetic markets, establishing itself as a pioneer in the Collagen Peptides industry.Vital Proteins:
Famous for their collagen-based supplements, Vital Proteins is a brand dedicated to improving health and wellness with a focus on sustainability and lifestyle enhancement.We're grateful to work with incredible clients.
