Collagen peptides are short chain protein building blocks present in the body and is an important component of connective tissue. It makes up to 30% of body protein found in bones, skin, cartilages and tendons. The production of collagen peptide slows down with ageing and affects the elasticity, suppleness, and hydration of skin and connective tissues. Rising awareness regarding health and personal care is fueling the demand for collagen peptide across the globe. Additionally, collagen peptide is a vital component of nutraceutical products, which are witnessing high consumption to meet daily nutritional requirements.
This is bolstering the growth of collagen peptide market across the globe. The global collagen peptides market is expected to expand at a CAGR of 10% during the forecast period. Based on geography, the global collagen peptides market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America accounted for largest market share owing to rapidly expanding food and beverages industry, rising health awareness, prevalence of lifestyle diseases, and rising health awareness. Asia Pacific is anticipated to be the most lucrative market during forecast period.
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