Europe Collagen Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)

Europe Collagen Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)

Europe collagen market is projected to register a CAGR of 7.02% during the forecast period.

The growing importance of a healthy lifestyle has attracted many companies to enter into the production of proteins and amino acid supplements, which is driving the demand for collagen and its derivatives. Companies such as Gelita AG, are manufacturing collagen that is sourced from both bovine and fish, which are proven to significantly improve bone and skin health. Therefore, collagen finds increased application in skin care products, in the scenario of the growing cosmetics industry of Europe. In addition, collagen is one of the leading natural skincare ingredients targeting skin health and signs of aging. It can support the health of deep skin layers while providing visible beauty benefits from within. Also, collagen can improve the overall health of hair and skin. Increasing collagen levels can help skin look radiant and healthy, even reducing the appearance of fine lines and wrinkles associated with aging or environmental effects.

Also, with sustainability gaining traction in a world of growing demand for products, manufacturers of collagen, including gelatin and collagen peptides, are done in an environment-friendly manner. Manufacturers have started producing ingredients according to strict guidelines that minimize the environmental impact, thereby, striving to invest and improve their green credentials. Thus, the increase in the number of players adopting and implementing various strategies, to establish themselves and gain the trust of companies is, in turn, enabling rapid growth of the market. The majority of consumers transitioning to plant-based diets renounce animal products for ethical reasons. However, health and fitness benefits are the primary factors for some. With the increasing number of consumers against the consumption of animal-sourced food, vegan protein is gaining higher tracking the consumers in the country, which ultimately restricts the growth potential of animal-sourced protein and amino acids derivatives, such as collagen, in human nutrition. The wide range of applications of collagen ingredients and awareness about the benefits of using collagen products are expected to drive the market in the upcoming years.

Collagen beauty supplements are believed to enhance skin strength and elasticity, thus providing an anti-wrinkle effect to the skin. Hydrolyzed collagen used in skin-care products enhances the appearance of dry or damaged skin by reducing flaking and restoring suppleness, thus they find wide application in skincare in the fast-growing Europe cosmetics industry. According to Cosmetica Italia, Germany consumed the largest amount of cosmetics in 2021, valued at approximately USD 15.40 billion. This was followed by France and Italy, at approximately USD 13.59 billion and USD 12 billion, respectively. Collagen is widely used in face masks, creams, serums, and many other beauty products.

The immense applications of collagen are being deeply studied by market players for developing innovative product formulations. Not limiting collagen applications only to the skin, they are trying to formulate it for other products as well. For instance, EclatSkin London launched the ECLAT miracle hair mask, with collagen as its main ingredient. Another segment, where collagen finds increased application in Europe is in the beauty drinks market. For instance, there are combinations of various beverages with a mix of collagen-based products, which claim to enhance skin and nail quality. For instance, Collagen Lift Paris PLUS+ is a drinkable bioactive collagen formula that is clinically proven to reduce wrinkles by up to 50% and improve hydration and elasticity of the skin.

Collagen products in Spain are witnessing huge demand over the years. According to the Spanish National Statistics Office, the number of people aged over 65 years has been witnessing a rise in the past few years, According to the World Bank data, approximately 19.9% were over 65 in 2021, as compared to 19.07% in 2017. Owing to the higher aging population in the country, there is an increasing demand for health supplements, for several issues, such as muscle pain and arthritis. Additionally, manufacturers use collagen powder to fortify functional drinks, which are among the most popular drinks in Spain. The demand for beverages made from collagen increased as a result of the high concentrations of hydroxyproline, arginine, glycine, and proline contained in collagen, all of which are associated with boosting energy. According to Ministry of Agriculture, Food and Environment, in 2021, energy drinks cost an average of USD 1.79 per person per day in Spain.

The country has also witnessed an increasing demand for cosmetic surgery, which on the other hand has led to an advancement in technology inputs along with Co2 laser treatments that creates heating on the skin, thereby stimulating the collagen content of the skin. The marine-based collagen segment of the market is highly competitive and characterized by the presence of a large number of international and regional players in Spain, owing to increased competition between manufacturers based on technology differentiation, brand name, quality of service, price differentiation, and technical expertise.

Some of the most active companies in the European collagen market include Gelita AG, Koninklijke DSM N.V., Tessenderlo Group, Weishardt International, and Darling Ingredients. The market is competitive with the presence of various regional and global players. Key players in the Europe collagen market are investing in R&D and are entering into mergers and acquisitions to enhance their product portfolios. Some of the companies are also focusing on research for product innovations to launch different formulations of collagen with added benefits. Darling Ingredients has extensively focused on product innovations to establish a strong consumer base in the market. For instance, Rousselot, a Darling Ingredients brand producing collagen-based solutions, launched MSC-certified marine collagen peptides, Peptan, at the virtual Beauty & Skincare Formulation Conference 2021.

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