Collagen Market Size, Share & Trends Analysis By Product type, By Application, By Source, By Form, Regional Outlook, Competitive Strategies and Segment Forecasts to 2030
Global Collagen Market is projected to worth USD 6.1 Bn by 2030
According to SPER Market Research, the global collagen market estimated to reach USD 6.1 Bn by 2030 with a CAGR of 5.9%. The cosmetic industry is evolving with utilizing collagen in their products for skin rejuvenation. The geriatric population will rise in the forecast period thus, increase in demand for nutritional supplements and cosmetic products will drive this market growth.
Impact of COVID-19 on the Collagen Market
Due to restrictions during COVID-19, the supply chains are disrupted affecting the collagen market. The shortage of laborers, transportation challenges and suspension of daily operations at manufacturing sites has created challenging scenarios for this market. On the other hand, pandemic has also raised awareness towards maintaining health. This provides opportunities for this market to grow to cater the increase in demand for nutritional products.
Scope of the report:
Report Metric Details
Market size available for years 2019-2030
Base year considered 2021
Forecast period
2022-2030
Segments covered
By Product type, By Application, By Source, By Form
Geographies covered
North America, Europe, APAC, Latin America, and the Middle East & Africa
Companies Covered
Amicogen, Aspen Naturals, BioCell Technology, Chaitanya Chemicals, Collagen Solutions, Crescent Biotech, Darling Ingredients, Ewald-Gelatine, Foodmate Co. Ltd., Gelita AG, Gelnex, Junca Gelatines, S.L., Kayos, Lapi Gelatine, Nippi Inc., Nitta Gelatin, Inc., Suboneyo Chemicals Pharmaceutical P Ltd., Vinh Hoan Corporation, Vital Proteins, Weishardt
Driver: Rising demand in cosmetic products
With aging, collagen fibers in the human skin lose its strength, flexibility and thickness. Collagen is extensively used in cosmetic products such as facial creams, lotions, hair care products to assist skin replacement, regeneration and making skin soft to touch. Hydrolysed collagen is also utilized in shampoos and shower gels in combination with surfactants to impart better surfactant properties.
Challenge: Inadequate technology
In order to produce edible grade of collagen, many processes such as extraction, filtration, sterilization are required involving sophisticated technologies namely ion exchange, microfiltration, spray drying. Developing countries are lagging these advanced technologies in a capacity to do large scale production to meet the need. The inadequate technological facilities can pose a significant challenge to the growth of this market.
Opportunity: Increase in demand
Emerging economies across the world such as India, China, South America, Middle East provide the growth opportunities to this market due to rapidly changing lifestyles, evolving food industry, changing food consumption habits and industrial developments.
Collagen Market by Product type:
Based on product type, market has been segmented into Gelatin, Hydrolyzed Collagen, Native Collagen
Collagen Market by Application:
Based on application the market is segmented into Nutritional products, Dietary supplements, Sports nutrition, Food & beverages, Snacks, soups & sauces, Dairy products, Beverages, Meat & poultry products, Confectionary products, other food & beverages, Pharmaceutical, Cosmetics & personal care products.
Collagen Market by Source:
Based on source, the market is segmented into Bovine, Porcine and Marine & poultry
Collagen Market by Form:
Based on Form, the market is segmented into Dry and Liquid
Collagen Market by Region:
Asia Pacific owns the largest share of this market due to awareness towards nutritional supplements, rising geriatric population, progression in food industry and rising usage of cosmetic products.
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