Rising application of collagen peptide & gelatin from nutraceutical and functional food manufacturers is driven by awareness of their beneficial health effects, and rapidly expanding end-use industries will boost the collagen peptide and gelatin market size, according to a report by Transparency Market Research. The study found that wide commercialization of collagen-based supplements for skin care, particularly for treatment of premature aging, is fueling the prospects. The value of the collagen peptide and gelatin market was pegged at $4.8B in 2021.
Rise in utilization of collagen peptide & gelatin in nutraceuticals and dietary supplements has led to enormous opportunities for players in the collagen peptide and gelatin market over the years. Collagen and gelatin have been extensively utilized in a wide variety of novel pharmaceutical preparations including capsules. Furthermore, the demand for collagen and gelatin has been rising from nutricosmetics manufacturers.