Asia-Pacific Collagen Peptide Products Market Size

APAC Collagen Peptide Products Market Analysis

The Asia-Pacific collagen peptides products market is projected to register a CAGR of 5.2% during the forecast period.

Collagen peptides are the hydrolysis form of collagen extracted from animal and marine sources, including bovine, porcine, poultry, and fish. Collagen peptide supplements aid in improving bone health. As a result, health-conscious consumers are largely opting for collagen peptides supplements to prevent or reduce the onset of osteoporosis. Moreover, the impact of the COVID-19 pandemic has changed the food consumption pattern of Asian consumers. This raises the demand for collagen-peptides-based functional beverages involving drinks and shots. Furthermore, it encourages manufacturers to introduce new collagen peptide drinks in the market to meet consumer demands. For instance, in April 2022, WonderLab in China launched a new fish collagen peptide drink with 6000 mg of collagen peptide and 1200 mg of fish collagen tripeptide in each serving.

Over the long term, the rising demand for collagen peptides in various segments, including dietary supplements, sports nutrition, functional beverages, pharmaceutical, and skin care products, is driving the sale of collagen peptides in the market. In recent years, the demand for collagen-based skincare products has been rising among Japanese women as it helps protect skin from aging and cell damage. The growing trend of collage peptide skin care products is further fuelling the market growth in the forecast period. However, various kinds of restrictions on the consumption of animal-based products are posing restraints over the forecast period.