Collagen Peptide and Gelatin Market to Surpass US$ 7.8 Bn by 2031: TMR Study
- Rising utilization of collagen & gelatin in dietary supplements, nutricosmetics, and novel pharmaceutical preparations steering revenue growth; R&D on collagen-based novel drug delivery systems to create enormous prospects
- Massive demand for gelatin among drug manufacturers and food processing industries due to vast therapeutic benefits; North America and Europe are remarkably lucrative collagen peptide and gelatin markets
WILMINGTON, Del., Oct. 11, 2022 /PRNewswire/ -- Rising application of collagen peptide & gelatin from nutraceutical and functional food manufacturers is driven by awareness of their beneficial health effects, and a rapidly expanding end-use industries will boost the collagen peptide and gelatin market size. An in-depth TMR study on the market dynamics 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 US$ 4.8 Bn in 2021.

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