The global collagen market size is expected to reach USD 19.9 billion by 2030, registering a CAGR of 9.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is expected to increase on account of the increasing collagen inclusion from a variety of applications, including food & beverage, healthcare, and cosmetics. The primary product sources are porcine, bovine, marine, and poultry. It is found in cartilage, cow bones, and hides. Bovine collagen is available in abundance on account of the high availability of cattle and increasing beef production. In addition, porcine sources are considered better than bovine sources as porcine is similar to the collagen found in humans. The threat of transfer of infections and allergies is lower in collagen derived from porcine sources as compared to bovine sources. This, in turn, is expected to boost the demand for porcine in the coming years.
Collagen Market Report Highlights
- Gelatin dominated the market with a revenue share of 66.7% in 2023. This is attributable to food & beverage industry to be a major contributor to the demand for gelatin, it is an essential protein for the human body and has multiple nutritional, skin, and health benefits.
- Bovine source dominated the market with the highest revenue share of 34.9% in 2023. This is attributed to accounts for a larger share compared to other sources due to the high availability of cattle and has a lower price.
- Dry form dominated the market with a revenue share of more than 65% in 2023. The high share is attributed to growing inclusion of powder in the formulation of dietary supplements.
- Type I dominated the market with a revenue share of more than 35% in 2023. This is attributed to the growing inclusion of the product in tissue engineering, drug delivery systems, and cosmetic surgery.
- The food and beverages application dominated the market with the highest revenue share of 57.4%in 2023.
- The Asia pacific region dominated the market with the highest revenue share of 22.4% in 2023.This is attributed to the rapid developments in key economies such as India and China that are expected to drive the marketspace.
For More Details or Sample Copy please visit link @:Collagen Market Report
In North America the product demand is anticipated to witness significant growth in various industries such as healthcare, cosmetics, and food & beverage, among others. Furthermore, the region’s market is expected to be positively influenced by consumers’ growing preference for health drinks. The presence of a strong healthcare industry, combined with increased public expenditure on healthcare, particularly in the U.S. is expected to benefit the regional market. The increasing demand for gummy confectionery products is expected to drive product demand across the region in the coming years.
The COVID-19 pandemic has had a significant impact on the entire food and beverage industry. The isolation rules have caused a lack of supply and disruption in the supply chain, causing domestic market participants to struggle. On the other hand, there is a rise in demand for high-nutritional-value products that provide several health benefits. Collagen is frequently obtained from supplements designed to help the elderly. The growing demand for supplements among the aging population is likely to improve health, immunity, and overall well-being. Furthermore, because of pandemics, consumers have become more conscious regarding food and beverage product labels. This is expected to open a surplus opportunity for food and beverage manufacturers to expand their businesses.
List of Key Players of Collagen Market
- Rousselot
- GELITA AG
- Tessenderlo Group
- STERLING GELATIN
- Weishardt Holding SA
- Juncà Gelatines SL
- Xiamen Yiyu Biological Technology Co., Ltd.
- Symatese
- Collagen Matrix, Inc.
- Collagen Solutions Plc
Gain deeper insights on the market and receive your free copy with TOC now @: Collagen Market Report
We have segmented the global collagen market report on the basis of product, source, application, form, type, and region.
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Contact:
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll-Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
Explore Horizon, the world’s most expansive market research database
#CollagenMarket #HealthAndWellness #NutritionalSupplements #BeautyIndustry #SkinCare #JointHealth #AntiAging #DietarySupplements #HealthTrends #FunctionalFoods #CosmeticIngredients #NaturalHealth #RegenerativeMedicine #Biotechnology #HealthCareIndustry #MarketResearch #GlobalMarket #ConsumerHealth #FitnessIndustry #BeautyFromWithin
