Middle East & Africa Collagen Peptides Market
Marine organisms such as fish, jellyfish, sponges, and other invertebrates harbor a significant source of collagen peptides. They are highly advantageous over other sources, as they are metabolically compatible, lack religious constraints, and are free of animal pathogens. Marine-sourced collagen peptide is majorly used for skincare product manufacturing. It is a versatile compound capable of healing skin injuries of varying severity and delaying the natural human aging process. Moreover, marine-sourced collagen peptides can be used as a biomaterial owing to its water solubility and metabolic compatibility. Thus, the demand for marine-sourced collagen peptide is increasing with its rising utilization for different industrial applications.
Furthermore, marine-sourced collagen peptides do not foster transmissible diseases. Land animals possess many transmissible diseases, making them less favorable for industry use. For example, cattle, although a large source of collagen, pose risks for BSE and TSE. These progressive neurological disorders affect cattle and can result in life-threatening human infections. In addition, a few religious constraints on using bovines for the pharmaceutical and cosmetic industries are up for debate. These factors make marine sources of collagen peptides a much easier, safer, and more promising alternative. Thus, with increasing demand, manufacturers are launching different products. For instance, in January 2021, Darling Ingredients introduced Peptan, a marine collagen peptide under its Rousselot brand. This product helps the company to enter the dietary supplements market. Thus, the growing demand for marine-sourced collagen is expected to open new opportunities in the collagen peptides market during the forecast period.
The Middle East & Africa is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. The region is an emerging market for collagen peptides owing to the increasing adoption of food supplements. The collagen peptides market is also complemented by economic development and population growth in African countries. Furthermore, the demand for functional food and beverages and supplements, coupled with a rise in disposable income, is expected to bolster the collagen peptides market in the Middle East & Africa in the coming years. Since the COVID-19 pandemic, the mounting health risks among the population have been driving the demand for collagen peptides across the region. Collagen peptides-producing companies are developing innovative and novel products to provide consumers with healthy supplements and contribute to the reduction of health-related issues in the region. For instance, on March 4, 2022, Pura Collagen—a collagen producer—launched new immune support supplements to boost immune support, reduce fatigue, and improve cognitive function. This product is available across the UK and the UAE.
The popularity of collagen peptide is increasing in the Middle East & Africa due to the boom of industries such as cosmetics & personal care and food & beverages. In addition, collagen peptides impart nutritional value to food supplements and metabolism-enhancing properties in sports beverages. Collagen peptides is considered an antioxidant and a low molecular weight protein, which has been widely utilized due to its exceptional biocompatibility, easy biodegradability, and soft antigenicity. It is a secure cosmetic biomaterial with suitable moisturizing properties on the skin.
Strategic insights for the Middle East & Africa Collagen Peptides provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 98.28 Million |
| Market Size by 2030 | US$ 150.84 Million |
| Global CAGR (2023 - 2030) | 6.3% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2030 |
| Segments Covered |
By Source
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
The geographic scope of the Middle East & Africa Collagen Peptides refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Middle East & Africa collagen peptides market is segmented into source, form, application, and country.
Based on source, the Middle East & Africa collagen peptides market is segmented into bovine, porcine, poultry, marine, and others. The bovine segment registered the largest Middle East & Africa collagen peptides market share in 2023.
Based on form, the market is segmented into dry and liquid. The dry segment held a larger Middle East & Africa collagen peptides market share in 2023.
Based on application, the Middle East & Africa collagen peptide market is segmented into food & beverages, pharmaceuticals & nutraceuticals, personal care, and others. The food & beverages segment held the largest Middle East & Africa collagen peptide market share in 2023.
Based on country, the Middle East & Africa collagen peptide market is segmented into the South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa collagen peptide market share in 2023.
Darling Ingredients Inc, GELITA AG, Rousselot BV, and Tessenderlo Group NV are some of the leading companies operating in the collagen peptide market in the region.
The Middle East & Africa Collagen Peptides Market is valued at US$ 98.28 Million in 2023, it is projected to reach US$ 150.84 Million by 2030.
As per our report Middle East & Africa Collagen Peptides Market, the market size is valued at US$ 98.28 Million in 2023, projecting it to reach US$ 150.84 Million by 2030. This translates to a CAGR of approximately 6.3% during the forecast period.
The Middle East & Africa Collagen Peptides Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Collagen Peptides Market report:
The Middle East & Africa Collagen Peptides Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Collagen Peptides Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Collagen Peptides Market value chain can benefit from the information contained in a comprehensive market report.
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