Market Trends of Asia-Pacific Collagen Peptide Products Industry
This section covers the major market trends shaping the APAC Collagen Peptide Products Market according to our research experts:
Rising Demand for Collagen Peptides-based Health Supplements
The Asia-Pacific marketplace has seen a significant shift from curative practices to preventive management in healthcare, especially in arthritis, which makes it a prime growth factor. The growing importance of a healthy lifestyle has attracted many companies to enter the production of collagen-peptides supplements, driving the demand for collagen-peptide products in the Asia Pacific region.
Collagen peptides are used in sports nutrition and functional beverages as they help in enhancing bone health and muscle stamina. Powdered supplements are anticipated to dominate the sports nutrition category owing to their blending and dissolving properties. Due to the evolving lifestyles of people in the region, consumers are increasingly inclined toward being extra health-conscious by consuming dietary supplements to reinforce their immunity. This trend further drives the sales of collagen-peptides-based supplements, including gummies and drinks, in the market. Besides health concerns, the consumers are also focused on skin betterment. Collagen peptides aid in preventing premature aging by reducing skin wrinkles. As a result, manufacturers are offering products in the market catering to consumer needs. For instance, Swisse Beauty provides collagen peptide glow gummies to support skin elasticity and helps to reduce free-radical damage.
India is the Fastest Growing Country
In the last few decades, the Asian region has witnessed a growing economy of countries, and the rising living standard of consumers, especially in India. The changing lifestyles coupled with increasing health expenditure of the Indian population is driving the sales of nutraceutical supplements and hence the marketplace for collagen peptides products is expected to grow.
In a major part, animal-based collagen peptide products are widely used in the food & beverage sector which has significantly contributed to the growth of collagen peptide products in the market. In particular, bovine-based collagen peptides and gelatin has witnessed higher demand in a range of application involving beverages, sports nutrition, and high-protein food products owing to the various health benefits such as improving bone health.
Following India, Indonesia is anticipated to hold the share in the Asia Pacific collagen peptide market, which is mainly attributed to its booming food and beverages sector due to various factors such as growing population, increased urbanization, growing awareness of healthy products, rising incomes, the shift of consumers towards modern retail stores, and growing tourism industry.
