Collagen Market Outlook
According to a new report by Expert Market Research titled, “Collagen Market Size, Share, Analysis, Report and Forecast 2024-2032″, the global collagen market is projected to grow at a CAGR of 7.8% between 2024 and 2032. Aided by the increasing awareness of health and wellness and the diverse applications of collagen in various industries, the market is expected to grow significantly by 2032.
Collagen, a primary structural protein found in skin and other connective tissues, is widely recognised for its pivotal role in maintaining skin elasticity, joint health, and overall bodily integrity. It is extensively utilised in products ranging from nutritional supplements to beauty products, and from pharmaceuticals to food and beverages.
The collagen market growth is primarily driven by the increasing consumer preference for health and wellness products. With a growing understanding of the benefits associated with collagen, such as improved skin health, joint flexibility, and bone strength, there has been a notable shift towards incorporating collagen supplements in daily diets. This trend is especially pronounced among the aging population, who are seeking ways to maintain youthfulness and vitality.
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As per the collagen market analysis, the burgeoning beauty and skincare industry contributes significantly to the rising popularity of collagen. Collagen-based products, known for their anti-aging and skin rejuvenating properties, are in high demand in the cosmetics sector. The protein’s ability to enhance skin elasticity and reduce wrinkles has made it a key ingredient in a plethora of skincare formulations.
In the healthcare sector, collagen’s applications are expanding. Its properties of promoting wound healing and tissue regeneration make it a valuable component in surgical products and medical devices. The pharmaceutical industry also leverages collagen in the formulation of various drugs and health supplements.
The food and beverage industry is another significant contributor to the collagen market demand. Collagen is increasingly being used as a food additive for its texture-enhancing and protein-enriching properties. It’s becoming a popular ingredient in functional foods, beverages, and nutraceuticals.
Regionally, North America dominates the collagen market, attributed to its advanced healthcare and cosmetics industries, along with a high awareness of health and wellness among consumers. However, the Asia-Pacific region is expected to witness the fastest growth during the forecast period, driven by the rising disposable incomes, changing lifestyles, and increasing adoption of collagen-based products in countries like China, Japan, and India.
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Collagen Market Segmentation
The market can be divided based on source, product type, application, and region.
Market Breakup by Source
- Bovine
- Porcine
- Poultry
- Marine
- Others
Market Breakup by Product Type
- Gelatine
- Hydrolysed Collagen
- Native Collagen
- Synthetic Collagen
- Others
Market Breakup by Application
- Food and Beverages
- Functional Food
- Functional Beverages
- Dietary Supplements
- Confectionary
- Desserts
- Meat Processing
- Healthcare
- Bone and Joint Health Supplements
- Wound Dressing
- Tissue Regeneration
- Medical Implants
- Cardiology
- Research (Cell Culture, Cell Behaviour)
- Drug Delivery
- Cosmetics
- Beauty Supplements (Nutricosmetics)
- Topical Cosmetic Products
- Others (Water Treatment, Paper and Pulp, And Photography Products)
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global collagen market. Some of the major players explored in the report by Expert Market Research are as follows:
- Gelita AG
- Advanced BioMatrix, Inc.
- Weishardt Holding SA
- Rousselot BV
- Collagen Matrix, Inc.
- Cologenesis Healthcare Pvt. Ltd.
- Juncà Gelatines SL
- Others
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