Jersey City, New Jersey, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Collagen Peptides Market” By Source (Cattle Hide And Bones, Pigskin, Poultry And Fish), By Application (Beverages, Dairy Products, Meat And Poultry Products, Snacks And Cereal), and By Geography.
Collagen Peptides Market size was valued at USD 948.60 Million in 2020 and is projected to reach USD 2247.48 Million by 2028, growing at a CAGR of 11.50% from 2021 to 2028, according to the most recent study from Verified Market Research.
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Browse in-depth TOC on “Collagen Peptides Market”
202 - Pages
126 – Tables
37 – Figures
Report Scope
Global Collagen Peptides Market Overview
The major factor propelling the growth of the Global Collagen Peptides Market is the increasing functional and processed food & beverage industry. In addition, the increase in consumption in the developed economies of snacks, dairy products, and bakeries is expected to boost the growth of the market. The hectic work agendas require on-the-go utilization and suitable meals. Apart from that, health awareness and the increase in expendable income have augmented the trades of collagen peptides as functional constituents. Even the food safety laws and health risks of synthetic and artificial components have aided in enlightening consumers about the advantages provided by collagen peptides in food & beverage products.
Furthermore, increasing consumer health consciousness due to the prevalence of various diseases, nutritional deficiencies and a desire for healthy aging among other factors have led to increased market demand for functional and enhanced food and beverage products. Increased consumer awareness for nutrition has resulted in demand for food products with specific functionalities that will meet their needs and help address different aspects of health. Moreover, rise in demand for dietary supplements, increase in the use of collagen in the food & beverage industry, the inclination of consumers toward a healthy and protein-rich diet, and increase in applications of collagen peptide and gelatin in Nutri cosmetic, pharmaceutical, and healthcare drive the growth of the Global Collagen Peptides Market.
Key Developments
- On April 2021, DAR PRO Solutions partners with Wendy’s to safely store and collect used cooking oil from Wendy’s company-operated and franchised restaurants in the U.S. and Canada.
- On January 2021, Nitta Gelatin, a leading manufacturer of gelatin in India launched premium gelatin with Japanese technology in the HoReCa category.
Key Players
The major players in the market are Darling Ingredients, Tessenderlo Group, Cargill, Kewpie Corporation, Danish Crown, Gelnex, Gelita AG, Italgelatine S.P.A, Lapi Gelatine, Nitta Gelatin, Weishardt Group, Junca Gelatines.
Based on their research, Verified Market Research has segmented the global Collagen Peptides Market.
- Collagen Peptides Market, by Source
- Cattle Hide & Bones
- Pigskin
- Poultry & Fish
- Other
- Collagen Peptides Market, by Application
- Beverages
- Dairy Products
- Meat & Poultry Products
- Snacks & Cereal
- Others
- Collagen Peptides Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
- North America
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