Changing lifestyles, food habits, adoption of Western diets, an increase in demand for functional ingredients such as collagen peptides in wide range products including food & beverages, pharmaceuticals, cosmetics & personal care products, and nutritional
The global collagen peptides market size is estimated to be valued at USD 599 million in 2020 and projected to reach USD 795 million by 2025, recording a CAGR of 5.8%.
According to MarketsandMarkets, the global collagen peptides market size is estimated to be valued at USD 599 million in 2020 and projected to reach USD 795 million by 2025, recording a CAGR of 5.8%.
Food & beverage manufacturers have started using collagen peptides increasingly as an ingredient in a wide range of products. Also, with biotechnological advancement, collagen peptides have found its use in various biomedical applications.
The demand for collagen peptides is growing significantly due to their increasing application in the nutritional products industry.
The pigskin segment dominated the market in 2018, and this trend is projected to continue through the forecast period from 2018 to 2023. Different methods are used to extract collagen protein, which include the salting out, alkaline, acid.
The objectives of the report are to define, segment, and estimate the size of the global market. Furthermore, the market has been segmented on the basis of source, application, and region.
Consumers are increasingly focusing on healthy aging, not only to increase their life expectancy but also to prevent and postpone the onset of diet- and bone-related diseases.
Wide application of collagen peptides as a functional ingredient in food processing and rising consumer inclination toward healthy lifestyles act as factors driving the collagen peptides market growth.
Asia Pacific is projected to be the fastest-growing region in the global collagen peptides market during the forecast period, owing to the rising consumer awareness about the health benefits of low-calorie and low-fat nutritional food & beverage products.
Wide application of collagen peptides as a functional ingredient in food processing and rising consumer inclination toward healthy lifestyles act as factors driving the collagen peptides market growth.
Wide application of collagen peptides as a functional ingredient in food processing and rising consumer inclination toward healthy lifestyles act as factors driving the collagen peptides market growth.
On the basis of application, the collagen peptides market has been segmented into nutritional products, beverages, dairy products, snacks & cereal, meat & poultry products, and others.
The global market is growing in accordance with the advancement of the functional and processed food & beverage industry. The rise in demand from industries such as bakery, snacks, and dairy is driving the collagen peptides market.