Global Collagen Market Size Estimation, Market Segmentations, Key Players, Points & Future Forecast 2023-2032

 

Global Collagen Market

The Global Collagen Market size is estimated at USD 9.3 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 10.3% from 2023 to 2030.

Collagen supplements have a wide range of applications in cosmetic procedures, anti-aging treatments, and aesthetic medicine because they moisturize the skin and prevent aging. In addition, collagen is used in pharmaceutical applications such as membranes and sponges used in drug delivery systems. In addition, these materials are naturally biodegradable and can be disposed of safely without harming the environment. Also, technological advances in the healthcare industry have improved the efficiency of collagen products.

Collagen fibres present in human skin become damaged over time and lose their thickness and strength, leading to skin aging. Collagen is used in the cosmetic industry in creams as a nutritional supplement for bone and cartilage regeneration, blood vessel and heart reconstruction, skin replacement, soft skin enhancement, and more. Collagen is a common ingredient in soaps, shampoos, face creams, body lotions, and other cosmetic products. Hydrolysed collagen is an important ingredient in skin and hair care products. An important application of hydrolysed collagen in the body care sector is in combination with surfactants and cleansing active ingredients in shampoos and shower gels. For this reason, nutritional cosmetics are very popular and provide the necessary nutrients to human skin. In addition to this benefit, the market for nutritional cosmetics is growing as more and more people become aware of their health. Announced the launch of Olay Regionalist Collagen Peptide 24, a new collection to help achieve flawless skin. For example, Procter & Gamble (US) recently announced the launch of Olay Regionalist Collagen Peptide 24, a new collection under its 'Olay' brand to help achieve plump, bouncy skin in 2021.

Collagen has a variety of uses in the food, pharmaceutical, cosmeceutical, and nutraceutical industries. However, they are animal by-products of animal slaughter such as cattle, pigs, fish and poultry bone, hides and hooves. Individuals with religious or dietary restrictions that prohibit the consumption of animal products do not wish to consume those products. Instead, they prefer to consume halal-certified cattle products. Therefore, the market for pigskin-derived collagen is negligible in these regions. Similarly, in India, the consumption of beef products is culturally prohibited. The Hindu community generally does not consume beef and products derived from it. As such, the country mainly consumes gelatine and hydrolysed collagen derived from pigs. These cultural and regional perspectives may limit the growth of the collagen market.

The global collagen market is growing as the demand for collagen from developed countries is increasing due to changing consumer attitudes towards the consumption of collagen derivatives. The consumers are becoming more aware of its importance, which has led to the continued growth of collagen ingredients in the market. Changes in lifestyle, dietary habits, adoption of western dietary habits, increased demand for functional ingredients in food, and increased industrial activity leading to the need for process improvements are contributing to the development of markets in developing countries. Emerging markets such as Asia Pacific, South Africa, Middle East, South America, and Eastern European countries offer excellent growth opportunities for the collagen market.

Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

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Market Segmentation:

 By Product

·         Gelatin

·         Hydrolyzed Collagen

·         Native Collagen

·         Synthetic Collagen

·         Others

By Source

·         Bovine

·         Porcine

·         Poultry

·         Marine

·         Others

By Application

o   Food & Beverages

o   Functional Food

o   Functional Beverages

o   Dietary Supplements

o   Confectionary

o   Desserts

o   Meat Processing

·         Healthcare

 

Key Player:

·         Rousselot

·         GELITA AG

·         Tessenderlo Group

·         STERLING GELATIN

·         Weishardt Holding SA

·         Juncà Gelatines SL

·         Xiamen Yiyu Biological Technology Co., Ltd.

·         Symatese

·         Collagen Matrix, Inc.

·         Collagen Solutions Plc

·         ConnOils LLC

·         Advanced BioMatrix, Inc.

·         Nitta Gelatin, NA Inc.

Regional Analysis:

All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Collagen market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

 Key Points: 

• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?

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