Collagen Peptide Market By Region – Global Opportunities and Forecast, 2021-2028
Collagen Peptide Market
The collagen peptide market size
is projected to witness a CAGR of 8.7% during the forecast period. Changing
lifestyles, food habits, drift towards Western diets, and a surge in demand for
functional ingredients in food & beverage, pharmaceuticals, and cosmetics
& personal care products have fuelled the market growth.
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Collagen Peptide Market Dynamics
Collagen peptides or hydrolysed collagen are the bioactive
peptides acquired from enzymatic hydrolysis process of collagen. It is a perfect
source of protein and provides adequate nutrition that helps in improving the
health of joints, impede bone loss and enhance overall skin health by
decreasing wrinkles and enhancing moisture levels in skin. Collagen peptide is
a highly digestible, cold-soluble and bioavailable source of collagen. The
extraction of collagen needs sophisticated technologies currently not accessible
in emerging countries. Thus, the production of collagen peptide is confined
across advanced countries such as US, Germany and UK. The surging drift towards
healthier lifestyles by the consumers, increasing adoption of collagen peptides
and growing deployment of collagen peptide in the food and beverage industry
are the prime forces fuelling the market. Furthermore, the health awareness among
the urban population is experiencing a remarkable rise and hence will drive the
collagen
peptide market growth.
The Animal-Based segment is expected to dominate the market
share over the forecast period. This is due to the augmenting demand for
animal-based peptides such as porcine and bovine. The health benefits associated
with animal-based collagen peptides and their cost-efficiency are the major
reasons fuelling the market growth. Moreover, as per the collagen
peptide market analysis, bovine collagen peptide helps to stimulate bone
metabolism and is regarded as nutraceuticals to enhance joint health in
patients with osteoarthritis.
Market
Segmentation
Collagen
Peptide Market by Product Type
·
Animal-based
o
Bovine
o
Porcine
o
Others
·
Marine-Based
Collagen
Peptide Market by Application
·
Nutraceuticals
o
Sports Nutrition
o
Dietary Supplements
·
Medical
·
Cosmetics
·
Beverages
·
Snacks & Cereals
·
Meat Products
·
Dairy Products
·
Others
Collagen
Peptide Market by Region:
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
North America
o
United States of America
o
Canada
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
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