Asia Pacific Collagen Peptide Products Market Expands at Significant CAGR to Surpass USD 289 Million by 2030

Published | 01 August 2024

Asia Pacific Collagen Peptide Products Market is flourishing because of a rising demand for collagen peptides-based health supplements and growing importance of a healthy lifestyle.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Asia Pacific Collagen Peptide Products Market size at USD 181.63 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Asia Pacific Collagen Peptide Products Market size to expand at a CAGR of 8.10% reaching a value of USD 289.31 million by 2030. The growing use of collagen peptide products in a variety of sectors, such as food, pharmaceutical, and cosmetic, is one of the key growth drivers for Asia Pacific Collagen Peptide Products Market. The demand for collagen peptide products in the Asia Pacific region is expected to be driven by consumers' growing health consciousness and its growing application in sports nutrition.

Opportunity: Evolving consumer lifestyle and focus on preventive healthcare

Collagen peptides are gaining popularity as a dietary supplement, because of the increased focus on lifestyle and health. To improve their quality of life and prevent age-related ailments, people are turning to functional meals and nutraceuticals. Due to their ability to supply proteins and other necessary nutrients, nutraceuticals are popular among athletes and the elderly community. The rising number of senior patients, economic expansion, growing health consciousness, growing health issues associated with aging, and evolving lifestyles are all contributing factors to the growing popularity of collagen peptides.

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Pharmacies Held Largest Share in Market by Distribution Channel

Asia Pacific Collagen Peptide Products Market covers major distribution channel segments including supermarkets/hypermarkets, pharmacies/drug stores, online retail stores, and others. The pharmacies/drug stores segment dominates Asia Pacific Collagen Peptide Products Market. Along with providing a wide array of products of different forms and brands, pharmacies/drug stores also provide advice on a range of conditions and suggest products that meet the requirements of consumers. However, the online segment is anticipated to register the highest growth rate during the forecast period.

Regional Analysis

India holds the leading position in Asia Pacific Collagen Peptide Products Market. However, Indonesia is anticipated to register the highest growth rate over the forecast period. The Indonesian market for collagen peptide products is expected to expand as a direct result of the country's expanding population, increasing urbanization, growing consumer awareness of healthy goods, rising disposable income, and expanding travel and tourism sectors.

Competitive Landscape

Asia Pacific Collagen Peptide Products market is intensely competitive, as a number of companies are competing to gain a significant market share. Key players in the market include Crescent Biotech, Darling Ingredients Inc., DSM, Hangzhou Nutrition Biotechnology Co. Ltd., Jiangxi Cosen Biochemical Co. Ltd, NITTA GELATIN INC., Nippi Collagen NA Inc., GELITA AG, and Titan Biotech.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Don’t miss the business opportunity in Asia Pacific Collagen Peptide Products Market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and Asia Pacific Collagen Peptide Products Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Asia Pacific Collagen Peptide Products Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Scope of the Report

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