Global Pseudo Collagen Market - 2023-2030
Market Overview
The global pseudo collagen market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 7.65% during the forecast period (2023-2030).
Pseudo-collagen is extracted from plants (therefore cruelty-free) and contains sugars and proteins. This plant-based alternative can penetrate the layers of the skin and hair to make a very noticeable improvement to the skin. Its ability to retain water mimics the action of collagen, but it imparts greater elasticity and suppleness, giving the skin a youthful appearance.
Market Dynamics
Increasing demand for cosmetics among consumers globally drives the market
Collagen fibers in the human skin are damaged with time, losing thickness and strength, resulting in skin aging. Pseudo collagen is used in the cosmetic industry in creams as a nutritional supplement for bone and cartilage regeneration, vascular and cardiac reconstruction, skin replacement, and augmentation of soft skin, among others. Collagen is a common constituent of soaps, shampoos, facial creams, body lotions, and other cosmetics. Hydrolyzed collagen is an important ingredient in skin and hair care products. One important application of hydrolyzed collagen in the personal care sector is its combination with surfactants and active washing agents in shampoos and shower gels. The diet choices people are making nowadays prevent the skin from receiving the vital nutrients it needs. Because of this, Nutri cosmetics is growing as more individuals become conscious of their health. For instance, Procter & Gamble (US), under its brand 'Olay,' has launched a new collection, Olay Regenerist Collagen Peptide 24, which helps to deliver plump and bouncy skin in 2021.
Increasing demand for supplements among consumers drives the market
The growing consumer awareness of the benefits of pseudo-collagen is attributed to the growth of supplements. Supplements increase skin elasticity and connective tissue strength, improving skin texture. Furthermore, these supplements promote healthy, younger-looking skin and help to reduce the appearance of fine lines and wrinkles. In addition, collagen aids in the production of other proteins that help structure the skin, such as elastin and fibrillin. The intake of collagen-infused supplements hydrates the skin and promotes skin regeneration. Such factors are anticipated to trigger product demand over the forecast period.
COVID-19 Impact Analysis
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario, and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it to pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).
Segment Analysis
The global pseudo collagen market is segmented based on nature, form, application, and region.
The pharmaceuticals segment accounted for the largest global market share Pharmaceuticals is estimated to be a major segment driving the market's growth. The demand for premium-grade products for surgical procedures wound dressings, and drug delivery mechanisms is expected to drive the industry's growth over the forecast period. Collagen is used to make wound covers, popular as a dressing material for severe burns and sores. These wound covers can absorb tissue secretions, resulting in faster healing of the affected area. It can treat partial- and full-thickness wounds, wounds with little to no exudate, skin grafts, granulating or necrotic wounds, chronic non-healing wounds, and second-degree burns. These factors have expected to drive growth.
Geographical Analysis
Europe is projected to account for the largest share of the global pseudo collagen market during the forecasting period
Rising awareness among consumers about the health benefits of collagen has led to the formation of the collagen supplement industry. The region has witnessed many collagen-infused drinks, such as cappuccino collagen and soy collagen, among others, launched by manufacturers. They are either marketed as components of protein blends or in combination with fruits. The rising usage of collagen in various food items and beverages and changing consumer preferences are accelerating market growth. Furthermore, the preference for minimally invasive or non-invasive technologies and the increasing use of collagen by biomedical industries in developed European countries fuel market growth.
Competitive Landscape
The major global players in the market include Celsie Limited, Lonza Group, Aromantic Ltd., Vanatari International GmbH, Nestle, Vital Proteins, Arbré, Arch Personal Care Natures L.P and Ancient Brands, LLC.
Why Purchase the Report?
• To visualize the global pseudo collagen market segmentation based on nature, form, application, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities in the market by analyzing trends and co-development.
• Excel data sheet with numerous data points of pseudo collagen market-level with all segments.
• PDF report consisting of cogently put-togethe market analysis after exhaustive qualitative interviews and in-depth market study.
• Product mapping available as excel consisting of key products of all the major market players.
The global pseudo collagen market report would provide approximately 93 tables, 109 figures and 202 Pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies
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