Global collagen market was valued at US$ 8.36 billion in 2020. It is projected to grow at a compound annual rate of 9.0% between 2020 and 2028. Market growth is expected to be driven by increasing end-use applications, such as a growing use in the food and beverages industry and an increase in demand from cosmetics. The market will also benefit from consumers' increasing acceptance of collagen-based products.
It is also used extensively in the healthcare sector. Food and beverages are expected to play a significant role in the increasing demand for gelatin and Hydrolyzed Collagen. This product is an essential protein in the human body. It also has many health, nutritional, and skin benefits. Market growth has been slowed by concerns about the possibility of disease transfer from certain raw materials. The collagen industry is regulated by regulations and laws governing animal-based raw material and ingredients.
Key players in the market operate through limited production capacities with the product-manufacturing units located close to the source of raw material, leading to low procurement costs. Companies are also involved in distribution of the product via vast distribution networks that span major consuming countries in North America and Europe.
The product's demand is expected to rise due to changing consumer lifestyles and preferences, growing disposable income and increasing awareness about health and personal care. In the coming years, markets in Asia Pacific countries, such as China, India and Malaysia, will experience strong growth.
These regulations were created by the European Parliament. Both collagen manufacturers and end-users in Europe are required to adhere to the specifications and requirements set out by these regulations. The procurement and testing for raw materials of animal origin may make it difficult to procure raw materials. This could hinder the manufacturing process.
The four main sources of collagen are bovine, porcine and poultry. Bovine collagen accounted for 38.1% of the total volume in 2020. This is due to the availability of bovine-based raw materials and lower prices than those from porcine or marine. Bovine-based collagen growth is expected to be slowed by concerns about the transmission of diseases like bovine spongiformencephalopathy (BSE), to humans.
The fastest growth is expected to be in marine-based sources, with a revenue-based CAGR at 10.0% between 2020 and 2028. Because of its high absorption rate, marine collagen is more absorbable than that from bovine and porcine sources. However, the costs of marine collagen are higher than those from bovine or porcine sources, which will limit segment growth.
Due to the high demand for gelatin as a food stabiliser, the gelatin segment dominated 2020's collagen market. Gelatin producers in Asia Pacific have been attracted to fish by the growing fishing industry in India, China. Lifestyle and dietary changes will also drive gelatin consumption in emerging economies.
Hydrolyzed collagen will see the fastest market growth during the forecast period. This is due to its growing use in healthcare for tissue repair and dental applications. Companies are making more use of hydrolyzed collagen to treat bone-related conditions like osteoarthritis, which has favored this segment.
Food and beverages, cosmetics, and healthcare are key applications. Healthcare was the largest segment in 2020 and will continue to be the dominant sector over the forecast period. It is expected to hold a 49.3% market share in 2028. Because it encourages bone growth, the product is becoming increasingly popular in healthcare. Segment growth is expected to be driven by an increase in demand for collagen sponges that carry proteins in bone-repairing treatments.
Food and beverage will see the greatest growth in the future. This is due to increased demand for diet supplements as well as functional food and beverages from North America and Europe. It is expected that the product will be more popular as a cosmetic ingredient for preventing wrinkles and other aging effects.
Collagen is used in the manufacture of wound covers. These are highly sought-after as dressings for severe burns or sores. These wound covers can absorb tissue fluids, which speeds up healing. These dressings also protect against infection from bacteria and other mechanical damage. The demand for collagen will rise in human surgery treatments. Collagen wound dressings are suitable for both partial- and complete-thickness wounds. They can also be used to treat wounds with little or no exudate.
The growth of many end-user industries, such as healthcare, cosmetics and food and beverages, is expected to drive North America's collagen market. The region's growing preference for healthier drinks is also expected to positively impact the market. Due to the strong healthcare sector and high public spending on healthcare in the U.S., the regional market will be able to reap the benefits of this industry. Gummy confectionery products and rising demand in Mexico will drive the demand for collagen in Canada and Mexico.
Europe was the largest region segment in terms of volume in 2020. Major sugar confectionery companies such as Britannia Superfine or Astir are likely to help the regional market. Product demand has been fueled by the region's high growth in the meat processing sector. This region is home to a large number of slaughterhouses which has encouraged product manufacturers from setting up plants here.
Asia Pacific is expected to be the most lucrative region in the future with a volume-based CAGR (from 2020 to 2028) of 9.7%. This region has a strong meat processing industry and high industrial development expenditures by government agencies to drive economic development. Market growth will be supported by high investments in research-and-development activities that produce collagen-based products.
Companies actively participate in the development and research of advanced products, which offer additional options like customizable emulsification or gelling for product manufacturing. These key players are located in many locations and sell their products through multiple sales channels around the world, including third-party distributors.
Many industry players have manufacturing facilities located near plentiful raw materials. They also distribute through multiple sales points throughout the region. Most of the top vendors are focused on strengthening their market positions in emerging and local markets, particularly in Asia Pacific, the Middle East, and Africa. This is done through strategic alliances and geographic expansions. The following are some of the major companies in this industry:
Darling Ingredients Inc.
Nippi Collagen NA Inc.
Collagen Matrix; Inc.
Koninklijke DSM N.V.
Advanced BioMatrix; Inc.
Up Market Research published a new report titled “Collagen Market research report which is segmented by Application (Healthcare, Food & Beverages, Cosmetics), by Product (Hydrolyzed, Gelatin, Synthetic, Native), By Players/Companies Rousselot BV, Collagen Matrix, NA Inc, Koninklijke DSM NV, CONNOILS LL, Advanced BioMatrix, Inc, Nitta Gelatin, Inc, Weishardt International, Gelita AG, Nippi Collagen NA Inc, Darling Ingredients Inc”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Collagen Market Research Report|
|By Application||Healthcare, Food & Beverages, Cosmetics|
|By Product||Hydrolyzed, Gelatin, Synthetic, Native|
|By Companies||Rousselot BV, Collagen Matrix, NA Inc, Koninklijke DSM NV, CONNOILS LL, Advanced BioMatrix, Inc, Nitta Gelatin, Inc, Weishardt International, Gelita AG, Nippi Collagen NA Inc, Darling Ingredients Inc|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||242|
|Number of Tables & Figures||170|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Application (Healthcare, Food & Beverages, Cosmetics), by Product (Hydrolyzed, Gelatin, Synthetic, Native).
Collagen Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Collagen Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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