Global Native Collagen Market to Reach $321.5 Million by 2030
The global market for Native Collagen estimated at US$215.9 Million in the year 2023, is expected to reach US$321.5 Million by 2030, growing at a CAGR of 5.9% over the analysis period 2023-2030. Bovine-sourced Collagen, one of the segments analyzed in the report, is expected to record a 6.4% CAGR and reach US$130.6 Million by the end of the analysis period. Growth in the Porcine-sourced Collagen segment is estimated at 5.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $56.4 Million, While China is Forecast to Grow at 9.2% CAGR
The Native Collagen market in the U.S. is estimated at US$56.4 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$76.3 Million by the year 2030 trailing a CAGR of 9.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 4.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$45.9 Million by the year 2030.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook