Bioactive peptides are gaining attention in cosmetics for anti-aging and skin repair applications, States Fact.MR

According to Fact.MR, a market research and competitive intelligence provider, the global Bio-Active Peptide Market is estimated to reach a valuation of US$ 2,642.5 million in 2024 and is expected to grow at a CAGR of 5.4% during the forecast period of 2024 to 2034.

The global bioactive peptide market is on a sustainable increase. Several factors are paving the way for this growth. These include the increasing acceptance of health and wellness among more people, rising consumer interest in functional foods and nutraceuticals, and progress made in peptide-based research as well as manufacturing. Bioactive peptides are preserved polypeptides composed of more than sixty amino acids. These are found in several food sources, including animal, plant, and marine-based, each with its health benefits. The market is divided by Source (for example milk, eggs, plants, marine, and meat), Application (such as functional foods, dietary supplements, cosmetics, and pharmaceuticals), as well as Region.

Bioactive peptides are attracting attention in the cosmetic world for their anti-aging effects. The demand is also highly fuelled by the increasing technological developments in peptide synthesizing and extraction processes as well as the rise in R&D expenditure. The increasing appeal for products with clean-label, natural ingredients, also plays to the advantageous factors of bio-active peptides. North America and Europe lead the market share, due to high level of awareness among consumers and enhanced healthcare system but regions in Asia-Pacific on the other hand, are enjoying tremendous growth in the market. Generally, the bioactive peptide market is expected to have sustained growth due to the wide applicability of the products in different industries.

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Bio-active Peptide Market News & Trends:

ASF SE, Angel Yeast Co., Ltd., Seagarden AS, Archer Daniels Midland Company, Ingredia SA, Rousselot S.A.S., FrieslandCampina Ingredients, Peptan, Kerry Group plc., CP Kelco USA, Inc., and other market participants are participants in the bio-active peptide industry.

The Peptan collagen peptides division of Rousselot S.A.S., a Darling Ingredients subsidiary, has experienced robust growth in January 2024, mostly due to an increase in internal demand for sports nutrition and cosmetics. In order to grow its range of bioactive peptides, the company renewed its dedication to research and development.

The Norwegian company Seagarden AS, which works with marine components, has introduced products based on bioactive peptides derived from deep-sea fish in May 2023. The company focused on supplements for cognitive health and sports nutrition.

Yeast Co., Ltd., Angel: A new research and development facility specializing in bio-active peptides and other functional components was established by Angel Yeast Co., Ltd. by April 2023. The goal of this investment was to strengthen the business's capacity for innovation in the rapidly expanding market for health additives.

True.In the recently released research, MR has given comprehensive details regarding the pricing points of major manufacturers positioned across geographies, sales growth, production capacity, and speculative technological advancement.

Key Takeaways from the Bio-active Peptide Market Study:

The global bio-active peptide market is projected to grow at 5.4% CAGR and reach US$ 4,450.0 million by 2034. The market created an opportunity of US$ 1,807.5 million between 2024 to 2034.

North America is a prominent region that is estimated to hold a market share of 23.9% in 2034. Predominating market players include Kerry Group plc, ASF SE & Seagarden AS.

Milk Peptides by type are estimated to grow at a CAGR of 5.5% creating an absolute $ opportunity of US$ 530.3 million between 2024 and 2034. Plant of bio-active peptide under the Source is expected to reach around US$ 1,210.3 million by 2024.

“Growing use of peptides in anti-aging and skin health products expands market opportunities,” says Fact.MR analyst.

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Development by Market Players in the Bio-active Peptide Market

• Kerry Group: In March 2024, Kerry Group plc announces the expansion of its bioactive peptide production facility in Ireland, aiming to meet growing demand in the European functional food market.
• FrieslandCampina: In Sep 2023, FrieslandCampina Ingredients partnered with a leading Dutch university to research the gut health benefits of milk-derived bioactive peptides.
• CP Kelco USA: In March 2023, CP Kelco USA, Inc. entered the bioactive peptide market with a new range of seaweed-derived peptides for gut health applications.

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global bio-active peptide market, presenting historical data for 2019 to 2023 and forecast statistics for 2024 to 2034.

The study reveals essential insights based on Product Type (Ready-to-Drink Collagen Beverages, Premix Powders), Sources (Bovine Collagen, Marine Collagen, Porcine Collagen, and Poultry Collagen), Distribution Channels (Supermarkets/Hypermarkets, Specialty Stores, Online Retail, Direct Sales) & Application (Beauty and Anti-aging, Bone and Joint Health, Sports Nutrition, Weight Management)across major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia and Pacific, Middle East & Africa).

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