Dublin, Feb. 07, 2024 (GLOBE NEWSWIRE) -- The "Global Collagen Market by Product Type, Applications (Nutritional Products, Food & Beverages Products, Pharmaceuticals Products, Cosmetics & Personal care Products, textile), Source, Form, Type, Extraction process and Region - Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The collagen market is set to witness substantial growth, estimated at USD 7.4 billion by 2030, from its 2023 valuation of USD 5.1 billion, with a CAGR of 5.3%. This growth trajectory is underpinned by heightened awareness of collagen benefits in skin health and anti-aging, as well as its applications in joint and bone health. The versatile protein is finding increasing use in the pharmaceutical, food and beverage, and cosmetic industries, meeting consumer demands for health and wellness products.
Private and public sector investors are paying close attention as collagen sourced from bovines claims the largest market share due to its excellent water solubility and compatibility with a variety of consumer products. The report finds that bovine collagen will likely maintain its dominance during the forecast period, reflecting the market's shift toward health-conscious food options and innovative consumer goods.
Pharmaceutical applications of collagen are also projected to grow considerably, with its role in drug delivery systems and tissue regeneration becoming fundamental in modern medical practices. This segment is expected to experience rapid growth due to its indispensable role in bone reconstruction, ophthalmology, and wound care.
The gelatin market is anticipated to seize a commanding market position, riding the wave of consumer preference for functionally enhanced food items and health supplements. Gelatin's multifaceted utility in the food industry, coupled with its expanded use in cosmetics and dietary supplements, paints a picture of a highly adaptable market player responding to the changing landscape of consumer health awareness.
Amidst these trends, the Asia Pacific region is emerging as the fastest-growing segment in the collagen market, supported by robust demand for dietary supplements and a burgeoning food industry. The regional market is buoyed by innovations from key players and increased investments, signaling a competitive and blossoming market environment.
Sector Innovators Lead Market Progress
Primary breakdowns from industry leaders lay the groundwork for strategic market analyses, with input from companies across tiers. The findings indicate a focus on innovation, product diversity, and competitive benchmarking that propel market leaders towards sustained success.
- Research Coverage: Incisive categorization of the collagen market by product type, sources, applications, and regional dynamics.
- Growth Opportunities: A detailed evaluation of key market drivers and forward-looking opportunities shaping the future of the collagen domain.
- Strategic Analysis: Direct insights into strategic initiatives undertaken by industry captains for new product launches and market expansion.
The comprehensive report on the collagen market presents actionable data for stakeholders, offering a lens into the market forces driving growth across regions. The analysis delves into product innovations, promising markets, and competitive assessments crucial for business positioning and go-to-market strategies. This holistic approach ensures stakeholders are well-informed of the key market dynamics and emerging opportunities on the horizon.
The collagen market's expansive growth, fueled by applications spanning from nutritional supplements to pioneering pharmaceuticals, marks a period of strategic opportunities and sustained investment in health and wellness advancements — highlighting collagen's integral role in shaping diverse industry sectors.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 326 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $5.1 Billion |
| Forecasted Market Value (USD) by 2030 | $7.4 Billion |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Global |
Key Topics Covered
Executive Summary
- Collagen Market Share Snapshot, 2023 vs. 2030 (USD Million)
- Collagen Market, by Product Type, 2023 vs. 2030 (USD Million)
- Collagen Market, by Form, 2023 vs. 2030 (USD Million)
- Collagen Market, by Type, 2023 vs. 2030 (USD Million)
- Collagen Market, by Application, 2023 vs. 2030 (USD Million)
- Collagen Market, by Source, 2023 vs. 2030 (USD Million)
- Collagen Market Share and Growth Rate (Value), by Region, 2023
Premium Insights
- Attractive Opportunities for Players in Collagen Market -Asia-Pacific to Account for Highest Growth Rate During Forecast Period
- Asia-Pacific: Collagen Market, by Source and Country -China and Bovine Segment Accounted for Largest Shares in Asia-Pacific Collagen Market in 2022
- Collagen Market, by Product Type -Gelatin Segment to Dominate Market During Forecast Period
- Collagen Market, by Form -Dry Segment to Dominate Market During Forecast Period
- Collagen Market, by Type - Type I Collagen to Lead Market During Forecast Period
- Collagen Market, by Application - Nutritional Products Segment to Dominate Market During Forecast Period
- Collagen Market, by Source and Region -Bovine Segment to Dominate Market During Forecast Period
- Collagen Market: Key Countries -US Dominated Collagen Market in 2022
Market Dynamics
Drivers
- Increase in Demand for Collagen-based Cosmetics Among Global Consumers
- Rise in Consumption of Collagen-based Food and Beverages
- Growth in Application of Collagen in Medical and Pharmaceutical Industries
Restraints
- Cultural Restrictions Prohibiting Consumption of Animal-Sourced Food and Beverages
- Allergies from Animal-Derived Collagen Products
Opportunities
- Changes in Consumer Attitude Toward Consumption of Collagen Derivatives
- Introduction of Plant Sources of Collagen Products
- Promotion of Healthy Diets by Governments
Challenges
- Insufficient Processing Technologies
- Lack of Awareness Among Consumers About Benefits of Collagen
- Ethical and Sustainability Concerns
Companies Profiled
- Darling Ingredients
- Ashland
- Tessenderlo Group
- Gelita
- Nitta Gelatin
- DSM
- Titan Biotech
- Vinh Hoan
- Amicogen
- Nippi Collagen Na
- Collagen Solutions
- Weishardt Holding
- Regenity
- Lapi Gelatine
- Biocell Technology
- Peptech Colageno Do Brasil
- Geltor
- Athos Collagen
- Kayos
- Bdf Natural Ingredients
- Copalis
- Evonik Industries
- Ewald Gelatin
- Sysmatese
- Alpspure Lifesciences
For more information about this report visit https://www.researchandmarkets.com/r/oumi3e
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
