The Collagen Peptide Market is being driven by Increasing emphasis on health and wellness
The Collagen Peptide Market is expected to grow at a CAGR of 8.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 721.7 million. The global collagen peptide market is experiencing significant growth due to the increasing demand for health and wellness solutions. On May 20, 2024, Gelita, a leading collagen peptide manufacturer, introduced Optibar, a specialized collagen peptide blend designed for protein bars. Optibar addresses the challenge of creating bars with a desirable texture, even at high protein concentrations of up to 60%. This ingredient functions as a sugar-free binder, enabling low- and no-sugar claims for cereal bars. Derived through enzymatic hydrolysis, Optibar is versatile and suitable for both sweet and savory bars. It offers strong solubility, a neutral taste, and excellent bioavailability, making it an ideal choice for manufacturers seeking to produce high-protein, sugar-free bars with an indulgent texture.
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The market is segmented based on segments_for_ai.nslist
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
209 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.5% |
Market growth 2025-2029 |
USD 721.7 million |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
8.2 |
Key countries |
US, Germany, France, Japan, China, UK, Canada, South Korea, Brazil, and Australia |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Collagen Peptide Market encompasses various applications, including soft tissue augmentation and personal care products like soaps, creams, and shampoos. Pork-based collagen peptides, derived from pigs' hides, are used in these products. Kosher-certified and Halal alternatives are available for Muslim and Hindu communities. Collagen peptides are also essential nutrients in nutraceuticals, beef-derived products, and biomedical materials. They aid in skin structure maintenance, cancer treatment, skin replacement, and dermal fillers. Cardiovascular diseases, diabetes, and skin aging are some health concerns addressed by collagen peptides. Raw materials are sourced from pigs, poultry, fish, and cattle. Gelita AG leads the distribution network, and lifestyle changes drive market growth. Collagen peptides are used in evaporation processes, nutritional supplements, facial creams, hand rejuvenation, and dermal fillers. Rousselot is another significant player in the market. Collagen peptides are used in the treatment of various diseases, including skin aging, cancer, and cardiovascular diseases. They are also used in health maintenance and biomedical materials.
The global specialty chemicals market encompasses businesses specializing in high-value-add chemicals utilized in the production of various products, such as fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio, the market size is determined by the consolidated revenue generated by these companies. Factors fueling the expansion of the specialty chemicals market include the increasing preference for specialty adhesives and sealants. This trend is attributed to the rising demand for skin firmness, bone health, face rejuvenation, skin tone enhancement, gut health improvement, skin glow, soft skin augmentation, and wrinkle reduction solutions, all of which are key applications for specialty adhesives and sealants.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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