As per a newly published report by Research Dive, the global collagen peptides market is expected to rise at a CAGR of 8.1% and is estimated to generate a revenue of $1,169.5 million during the period of forecast from 2020 to 2027 . The global market is segmented on the basis of source, application, and region. The report provides detailed insights on drivers, challenges, restraints, opportunities, and key players of the market. As per our analysts, the rising demand from food & beverage industry and the growing awareness amongst people related to health and fitness are the major factors anticipated to bolster the growth of the global collagen market over the forecast period. Moreover, product demand in developing countries and favorable government initiatives are predicted to create lucrative growth opportunities in the market by 2027. Conversely, the regulations on animal origin foods and availability of substitute products are likely to hamper the growth of global marke
Focus on providing precise information and statistics based on the requirements of Business Person is relentless.