Collagen Market - Forecast(2023 - 2028)

Collagen Market Overview

Collagen market size is forecast to reach $5.7 billion by 2026, growing at a CAGR of 5.8% during the forecast period 2021-2026. Collagen is an essential amino acid for the animal body and is the most abundant protein that is found naturally. It is necessary for healing, tissue formation, regeneration, and healthy wellbeing of an organism. Supplements of collagen can be obtained from bovine, swine, poultry, and other sources.  Collagen is used in cosmetic surgeries, treatment of joint pain, and anti-aging treatments among others. It offers both structure as well as strength and helps to repair body tissues and intervertebral discs. It is the most important structural protein in extracellular matrix in the connective tissues of the body. Collagen also serves as a major part of the endomysium. Increasing technological advancements in the healthcare sector and increasing usage of collagen to treat various diseases are the major factors driving the growth of the market. Increasing usage of collagen in food & beverage industry and increasing demand for gelatin is set to further enhance the overall market development of the Collagen Market for the period 2021-2026.

Collagen Market Report Coverage

The report: “Collagen Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Collagen Market.

By Source: Bovine, Porcine, Poultry, Marine, and Others
By Product: Gelatin, Hydrolyzed Collagen, Native Collagen, Synthetic Collagen, and Others
By Application: Food & Beverage, Healthcare, Cosmetics, and Others
By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, and Rest of South America), and Rest of the World (Middle East, and Africa)

Key Takeaways                                                                                            

• North America dominated the Collagen Market in 2020 owing to the increasing health awareness and increasing adoption rate of nutritional supplements. The Collagen Market scope for different regions will be provided in the final report.
• Increasing investment in research & development activities for producing collagen based products and increasing usage of dietary supplements are likely to aid the market growth of the Collagen Market report.
• Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be Collagen Market report.
• The higher price of the collagen products and increasing competition is poised to create hurdles for the Collagen Market.

Collagen Market Revenue Share, By Geography, 2020(%)

Collagen Market Segment Analysis – By Product

Gelatin held the largest share in the Collagen Market in 2020 and is estimated to grow at a CAGR 6.4% during the forecast period 2021-2026. This is owing to the increasing demand for the collagen products as a food stabilizer. Gelatin is used in improving consistency, elasticity, and stability. Gut hormones in obese people can also be normalized using gelatin. It is used for making puddings, gelatin, confectionery, and gelatin desserts among others. It provides a good product to the consumers as it is added in sauces and soups for thickening the consistency. Increasing veganism is also increasing the growth of the market. Gelatin are estimated to register the higher CAGR over the period 2021-2026.

Collagen Market Segment Analysis – By Application

Dietary Supplements held the largest share in the Collagen Market in 2020 and is estimated to grow at a CAGR 6.7% during the forecast period 2021-2026. This is owing to the increasing prevalence of skin diseases and awareness regarding the consuming capsules for collagen. Increasing awareness regarding the reduction of calorie intake is also increasing the growth of the segment. Healthcare segment is increasing owing to the inflammatory properties of the collagen for treating various diseases. Collagen is used for treating wounds and burns. Increasing usage of collagen in plastic surgeries and cardiovascular surgeries is increasing the growth of this segment. Dietary Supplements are estimated to register the higher CAGR over the period 2021-2026.

Collagen Market Segment Analysis – By Geography

North America dominated the Collagen Market with a major share of 37.2% in 2020. This is attributed to the increasing research & development, and increasing penetration of improved medication. Increasing usage of dietary supplements, increasing health benefits of collagen, increasing healthcare expenditure, and improving healthcare infrastructure is increasing the growth of the market in this region.

However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2021-2026 owing to the increasing healthcare sector and awareness regarding the usage of collagen. Increasing production technologies, increasing incidences of the skin diseases, increasing demands for functional and nutritional foods along with the increasing healthcare expenditure is increasing the growth of the market in this region.

Collagen Market Drivers

Increasing Demand for Nutritional Food and Increasing Awareness of Collagen in the Medical Industry

Increasing demand for nutritional food and increasing awareness of collagen in the medical industry is increasing the growth of the Collagen Market. Gelatin is used as a gelling agent that offers various properties for manufacturing desserts, cheese, and yogurts among others. Increasing confectionary demand is increasing the growth of the market. Collagen is used for manufacturing wound covers to treat severe burns. Increasing treatments that involves human surgeries and skin donation sites. Collagen also serves as a major part of the endomysium. Thus, increasing the growth of the Collagen Market during the forecast period 2021-2026.

Collagen Market

Increasing Cosmetic Surgeries

Increasing cosmetic surgeries is increasing the growth of the Collagen Market. This is attributed to the fact that collagen is used in anti-ageing treatment and also for cosmetic surgeries. Increasing incidences of cosmetic surgeries such as anti-ageing creams also increases the growth of the market. Collagen injectable fillers s a cosmetic plastic surgery procedure that is used to treat depressions as well as wrinkles in the skin. Collagen is injected into the skin to fill up the area that is getting treated up. Thus, increasing the growth of the Collagen Market during the forecast period 2021-2026.

Collagen Market Challenges

Higher Price of the Collagen and Increasing Competition

Some of the factors that are set to impede the growth of the Collagen Market are higher price of the collagen and increasing competition. Stringent government regulations and the absence of daily intake of nutritional products is set to hinder the growth of the market during the forecast period 2021-2026.

Collagen Market Landscape

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Collagen Market. In 2020, the Collagen Market share is consolidated by the top ten players present in the market. The Collagen Market, top 10 companies are Gelnex, Lapi Gelatin, Gelita AG, Nitta Gelatine, Koninklijke DSM N.V., Vinh Hoan Corporation, and Advanced Bio Matrix Inc. among others.

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