According to a new market research report “Collagen
Market by Product (Gelatin, Collagen Peptide, Native
Collagen, Synthetic Collagen), Source (Porcine, Bovine, Chicken, Sheep, Other
Sources), and Application (Food and Beverages, Pharmaceuticals, Nutraceuticals,
Cosmetics, Healthcare) - Global Forecasts to 2027”, published by
Meticulous Research®, in terms of value, the collagen market is expected to grow at a CAGR
of 6.9% to reach $7.53 billion by 2027; while in terms of volume, the market is
expected to grow at a CAGR of 5.1% to reach 683.8 KT by 2027.
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The overall collagen market is primarily driven by its growing use in
the food industry, growing demand for protein consumption and nutricosmetics,
increasing application in healthcare, and growing use of collagen-based
biomaterials. In addition, rise in per capita income and booming food
processing industry is providing significant opportunities to collagen
manufacturers all across the globes. But, safety concerns and improvement in
the processing technology are still a challenge for this market. Therefore,
safety concerns, religious constraints, and growing use of alternatives are
expected to restrain the growth of this market to some extent.
The global collagen market is mainly segmented by type (gelatin,
collagen peptide, native collagen, synthetic collagen), source (bovine,
porcine, marine, chicken, sheep, and other sources), application (food and
beverages, pharmaceuticals, nutraceuticals, healthcare, cosmetics, and
technical applications), and geography.
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Based on type, the overall collagen market is mainly segmented into
gelatin, collagen peptide, native collagen, and synthetic collagen. Gelatin
segment is estimated to account for the largest share of the overall collagen
market in 2020. The large share of this segment is mainly attributed to the
increased demand from the food and pharmaceutical industries, owing to its
outstanding stabilizing features and binding characteristics. The nutritional
gummies, chewable soft capsules, and enteric capsules are the recent trends in
the pharma drug deliveries where mass volume of gelatin is being used. In
addition, growing usage of gelatin in photography, nutraceuticals, and
cosmeceuticals are also contributing to its large adoption.
Based on source, the overall collagen market is segmented into bovine,
porcine, fish, chicken, sheep, and other sources. The bovine collagen segment
is estimated to command the largest share of the overall collagen market in
2020. The large share of this segment is mainly attributed to the growing beef
consumption and its several health benefits such as skin health, tendon
reinforcement, bone loss prevention, and relief from arthritis. However, fish
collagen segment is expected to grow at the fastest CAGR during the forecast
period. The rapid growth of this segment is mainly attributed to the rising
fish production and growing cosmetic industry across the globe.
Based on application, the overall collagen market is mainly segmented
into food and beverages, pharmaceuticals, nutraceuticals, healthcare,
cosmetics, and technical applications. The food and beverages segment is
estimated to command the largest share of the overall collagen market in 2020,
mainly attributed to vast applications of collagen across the food and
beverages industry due to its unique gelling and surface behavior properties.
However, nutraceuticals segment is expected to grow at the highest CAGR during
the forecast period. The rapid growth of this segment is mainly attributed to
the growing use of nutraceuticals for weight management across the globe.
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The global collagen market is divided into six major regions, namely
North America, Europe, Asia-Pacific, Latin America, Africa, and the Middle
East. The North America region accounted for the largest share of the global
collagen market in 2020. The largest share of this region is mainly attributed
to the huge consumption of cosmeceuticals and nutraceuticals, rise in research
and development activities, well established food and healthcare industry, and
easy availability of raw materials. However, the Asia-Pacific region is
expected to grow at the highest CAGR during the forecast period. The fast
growth of the region is mainly due to the increasing number of food
manufacturers and the prevailing food processing industry particularly in China
and India; growing population; rising awareness of nutrition and personal
well-being; steady pace of industrialization; high spending on personal care
products; and abundant availability of raw material for collagen and gelatin
manufacturing.
The key players operating in the global collagen market are Rousselot
(The Netherlands), GELITA AG (Germany), Weishardt (France), Tessenderlo Group
NV (Belgium), Nitta Gelatin Inc. (Japan), LAPI GELATINE S.p.a. (Italy),
ITALGELATINE S.p.A. (Italy), Ewald-Gelatine GmbH (Germany), REINERT GRUPPE
Ingredients GmbH (Germany), Trobas Gelatine B.V. (The Netherlands), GELNEX
(Brazil), Juncà Gelatines SL (Spain), HolistaCollTech Ltd. (Australia),
Collagen Solutions Plc. (U.K.), and Advanced BioMatrix, Inc. (U.S.).
TOP
10 COMPANIES IN COLLAGEN MARKET
Scope of the report
Collagen Market, by
Type
- Gelatin
- Collagen
Peptide
- Native
Collagen
- Synthetic
Collagen
Collagen Market, by Source
- Bovine
- Porcine
- Fish
- Chicken
- Sheep
- Other
Sources
To gain more insights into the market with a detailed table of content
and figures, click here: https://www.meticulousresearch.com/product/collagen-market-5121?utm_source=Blog&utm_medium=Social&utm_campaign=Product&utm_content=15-02-2022
Collagen Market, by Application
- Food
and Beverage
- Beverage
- Confectionery
- Dairy
- Meat
and Fish Products
- Other
Applications
- Pharmaceuticals
- Hard
Gel Capsules
- Soft
Gel Capsules
- Microencapsulation
- Nutraceuticals
- Sports
Nutrition
- Weight
Management
- Healthcare
- Wound
Dressing
- Tissue
Regeneration
- Medical
Implants
- Cardiology
- Research
(Cell Culture, Cell Behavior)
- Drug
Delivery
- Cosmetics
- Technical
Applications
Collagen Market, by Geography
- North
America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest
of Europe (RoE)
- Asia-Pacific
(APAC)
- China
- India
- Japan
- Rest
of Asia-Pacific (RoAPAC)
- Rest
of the World
- Latin
America
- Africa
- Middle
East
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