The global collagen market size was estimated at USD 4.7 billion for the last year and is anticipated to register a CAGR of 5.3%, reaching a value of USD 7.2 billion by the end of the forecast year in terms of value. Demand for collagen products is also anticipated to rise as gelatin and hydrolyzed collagen is being used in a variety of sectors, including healthcare, cosmetics, and food & beverages. Collagen supplements have a wide range of uses in cosmetic procedures, anti-aging treatments, and aesthetic medications because they keep skin moisturized and keep it from aging. Additionally, collagen is crucial for pharmaceutical applications, including membranes and sponges used in drug delivery systems. Additionally, because these materials degrade naturally, it is safe to dispose of them without endangering the environment. However, technical advancements in the healthcare industry have boosted the efficiency of collagen products.
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By source, bovine was the largest source in the global collagen market.
By source, bovine was the largest source in the global collagen market. Bovine collagen is extracted from bovine species such as water buffalo, yak, bison, and cows; it is a naturally occurring protein present in the cartilage, connective tissues, bones, and hides of these animals. The collagen present in these animals is similar to the collagen present in human bodies. Bovine collagen is highly rich in type I and III collagen. This type of collagen benefits the nails, skin, tendons, eyes, hair, muscles, bones, and blood vessels. Human skin is mainly made up of type I and III collagen, and hence bovine collagen is especially used in skincare products targeted towards reducing wrinkles, promoting elasticity, and increasing skin moisture.
By product type, gelatin is dominating the global collagen market.
By product type, gelatin is the largest market in the global collagen market. Gelatin is a colorless, flavorless, and translucent, brittle food ingredient, which is derived from collagen obtained from various animal body parts. It is obtained not only from animal skin but also from fish and insects. Manufacturing of gelatin includes two methods, which are the alkaline and acid processes, to manufacture type A and type B gelatin, respectively. Gelatin is widely used in foods to improve elasticity, consistency, and stability. Gelatin is used to make gelatinous desserts, gummy candies, many yogurts, and marshmallows. Gelatin is also found as a common ingredient in soups, broths, sauces, marshmallows, cosmetics, and medications. This common thickening and gelling agent are an animal-based product that contains high levels of protein.
By region, Europe is projected to account largest share of the global collagen market during the forecast period.
The European region includes Germany, France, the UK, Italy, Spain, and the Rest of Europe. Rising awareness among consumers about the health benefits of collagen has led to the formation of the collagen supplements industry. The region has witnessed many collagen-infused drinks, such as cappuccino collagen and soy collagen, among others, launched by manufacturers. They are either marketed as the components of protein blends or in combination with fruits. The rising usage of collagen in a wide variety of food items & beverages and the changing consumer preference are accelerating market growth. Moreover, the preference for minimally invasive or non-invasive technologies, as well as the increasing use of collagen by biomedical industries in developed countries of Europe, are further fueling the market growth.
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Key Players in Collagen Market:
Key players in this market include Tessenderlo Group (Belgium), Darling Ingredients (US), GELITA AG (Germany), Lapi Gelatine S.p.a. (Italy), Holista Colltech (Australia), Gelnex (Brazil), Nitta Gelatin N.A Inc. (Japan), Collagen Solutions plc (UK), Weishardt Holding SA (France), and Royal DSM N.V (The Netherlands).
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