Global Collagen Peptides Market is estimated to reach US$ 2.01 Mn by 2027 in terms of revenue at CAGR of XX % in the forecast Period.
Essential use of collagen in food industries and growing inclination towards healthy diet & protein consumption demand will propel the Collagen Peptides Market growth. In 2016, the increased popularity of cosmeceuticals, the rise in research & development activities, and growing awareness about nutraceuticals are the major factors driving the growth of collagen peptides market. Improved cosmeceuticals quality at low production costs coupled with the elimination of the cold stabilization process are the key properties fuelling product demand. Rising influence of preventive healthcare along with the use of diet supplements particularly in developing economies will drive collagen peptides market growth. High dependency on the Cosmeceuticals and diet products along with changing lifestyle and urbanization prices may affect the collagen peptides market price trend. Fluctuating pH properties, skin photoaging and cultural challenges regarding the source of collagen the challenging factors for the product demand.
Published by Akash