Press release
Collagen Peptides Market: Key Players, Applications, Outlook, SWOT Analysis And Forecasts By 2030
The Collagen Peptides Market was valued at US$ 998.95 million in 2023 and is projected to reach US$ 1,490.99 million by 2030; it is expected to register a CAGR of 5.9% from 2023 to 2030.Rousselot is among the major players in the global collagen peptides market, with operations across China, Japan, South Korea, Australia, New Zealand, Europe, the Middle East & Africa, North America, and South & Central America. The company is an independently operating subsidiary of Darling Ingredients Inc. In October 2022, the company acquired Gelnex, a Brazil-based collagen and gelatin producer, to expand its collagen peptide and gelatin production capacity. The company acquired five production facilities of Gelnex in South America and one in the US to expand its annual collagen and gelatin production to 46,000 metric tons.
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Analysis of the Top Market Players:
1. GELITA AG
2. Rousselot BV
3. Titan Biotech Ltd
4. Tessenderlo Group NV
5. Ewald-Gelatine GmbH
6. BioCell Technology LLC
7. Lapi Gelatine SpA
8. Weishardt Holding SA
9. Nippi Collagen NA Inc
10. Nitta Gelatin India Ltd.
In this report, the market has been segmented on the basis of:
Source (Bovine, Porcine, Poultry, Marine, and Others)
Form (Dry and Liquid)
Application (Food and Beverages, Pharmaceuticals and Nutraceuticals, Personal Care, and Others)
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The company is also investing in product innovation to meet the emerging requirements of consumers and gain a competitive edge over other market players. For instance, in January 2021, Rousselot introduced a new marine collagen peptide ingredient for the skincare and beauty market. The product is MSC-certified, which meets the rising consumer demand for sustainable and fully traceable fishing practices that protect the ocean ecosystem and biodiversity. Such product innovations are expected to offer lucrative opportunities to manufacturers in the ever-growing collagen peptides market growth during the forecast period.
Based on source, the collagen peptides market is segmented into bovine, porcine, poultry, marine, and others. The bovine collagen peptides segment accounted for the largest share of the market in 2022, and the marine collagen peptides segment is expected to register the highest CAGR during the forecast period. Preclinical studies show that ingesting marine collagen repairs skin collagen and elastin protein fibers and causes a significant thickening of the outer skin surface (epidermis). Marine collagen peptides consist of lysine, proline, glycine, and hydroxyproline, among other amino acids. In addition to promoting bone health, proline and glycine act as major antioxidants and provide protection against free radicals that cause cell damage.
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