Global Collagen Peptides Market Analysis
MarkNtel Advisors, a leading consulting, data analytics, and market research firm, recently published an analytical report description that describes the recent achievements and developments of prominent players including new launching of innovative products, strategic collaborations, or partnerships, that bolster the growth of theGlobalCollagen Peptides market. The research report on the Collagen Peptides Market presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts.
The report further comprises,“Global Collagen Peptides Marketsize was valued at aroundUSD 722 million in 2023and is projected to reachUSD 1.4 Billion by 2030.Along with this, the market is estimated to grow at aCAGRof around6.1%during the forecast period, i.e.,2024-30.
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Global Collagen Peptides Market Driver:
Growing Demand for Cosmetics & Personal Care Products Driving Market Growth –Collagen peptides facilitate enhancing skin, cartilage, and joint conditions. This offers augmentation of soft tissue and also provides nutritional supplements for the bones, resulting in the utilization of collagen peptides in various products such as soaps, shampoos, body lotions, and facial creams. In addition, specifically for cosmetic applications, collagen peptides are used in dermal fillers to enhance volume efficiency and improve the contour of the face. Also, they avail cosmetic surgery, and face & hand rejuvenation. Moreover, the population expansion coupled with a rising income level accelerated the demand for cosmetics and personal care products, which is ultimately driving the market growth.
Global Collagen Peptides Market Segment & Geography [2024-30]
The Collagen Peptides market is segmented into significant segments based on Geography.
-By Form
- Dry
- Liquid
-By Source
- Animal
- Marine
- Poultry
-By Application
- Personal Care & Cosmetic
- Pharmaceutical
- Nutritional Products
- Food & Beverages
Geographical Analysis
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Top Companies Essentially Working in Collagen Peptides Market
- Tessenderlo Group
- Gelita
- Holista Colltech
- Darling Ingredients
- Nitta Gelatin
- Gelnex
- Lapi Gelatine
- Weishardt
- Crescent Biotech
- Foodmate
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & Collagen Peptides adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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