Asia Pacific Collagen Peptides Market

Asia Pacific Collagen Peptides Market Growth and Forecast (2023 - 2028):

Asia Pacific Collagen Peptides Market has been estimated at USD 165.02 million in 2022 and is projected to reach USD 241.46 million by 2028, at a CAGR of 7.92% during the forecast period from 2023 to 2028. The Collagen Peptides market is showcasing significant potential in the mentioned forecast period. The market continues to build up momentum with the growth of the emerging economies showing huge potential in the upcoming years.

Market Overview:

Collagen Peptide can be described as the chemical compounds, which are rich in protein and are an important part of the healthy nutrition. They are responsible for promoting the health of bones as well as joints and also, for making the skin beautiful.

Drivers and Restraints:

There are various factors which have been impacting the market growth over recent years. The factors having a positive impact are, wide range of applications of collagen peptide as ingredient in food industry, consumers’ preference towards healthy lifestyle. Apart from these, there are some factors which hinder the market growth as well, which include concerns regarding the depleting animal sources, stringent government laws for animal origin additives. These factors are responsible for holding the market back from its full potential.

Asia Pacific Collagen Peptides Market Segmentation Analysis:

The Asia-Pacific market for Collagen Peptides is categorized on the basis of source and application. The market segmentation based on source is done into pigskin cattle hide & bone, fish, poultry. Based on application, the market is segmented into beverages, snacks & cereals, dairy, meat & poultry products.

Geographical Analysis:

Geographically the Asia Pacific Collagen Peptides Market is segmented into India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia.

Key Players in the Market:

Major Key Players in the APAC Collagen Peptides Market are

• Darling Ingredients Inc
• Tessenderlo Group
• Weishardt Group
• Cargill Incorporated
• Kewpie Corporation
• Danish Crown A/S
• Gelita AG
• Gelnex
• Italgelatine S.P.A
• Lapi Gelatine