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13-Dec-2024

Collagen Market to Reach USD 7.1 Billion by 2028, Growing at a 5.5 % CAGR | TMR

Collagen is the most abundant protein in the human body, playing a crucial role in providing structure to the skin, bones, tendons, and connective tissues. It is widely used in various industries such as food & beverages, pharmaceuticals, cosmetics, and healthcare due to its functional and health benefits. Derived from animal or marine sources, collagen is recognized for its ability to improve skin elasticity, joint health, and muscle recovery.

The collagen market encompasses the production, processing, and application of collagen across diverse industries. Collagen is available in various forms, including hydrolyzed collagen (collagen peptides), gelatin, and native collagen, each serving different purposes. The global collagen market is expected to reach the value of US$ 7.1 Bn by the end of 2028.

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Key Drivers

  1. Increasing Awareness of Health and Wellness: Rising health consciousness among consumers is a primary driver of the collagen market. Collagen's role in improving joint health, skin elasticity, and muscle recovery has made it a popular ingredient in dietary supplements and functional foods.
  2. Expanding Use in Cosmetics and Personal Care: The growing demand for anti-aging and skin-care products has significantly boosted collagen's use in the cosmetics industry. Its ability to improve skin hydration, elasticity, and firmness makes it a sought-after ingredient in beauty formulations.
  3. Rising Demand for Functional Foods and Nutraceuticals: Collagen is increasingly used in the production of functional foods and beverages due to its high protein content and health benefits. The expanding market for protein-enriched and clean-label products has further driven demand.
  4. Applications in Healthcare and Biomedical Fields: Collagen's biocompatibility and bioactivity make it suitable for a range of medical applications, including wound healing, tissue regeneration, and surgical implants. The growing adoption of collagen-based biomaterials is contributing to market growth.
  5. Advancements in Collagen Extraction and Processing: Technological advancements in collagen extraction from marine and other alternative sources have opened up new opportunities, particularly for environmentally sustainable and halal/kosher-compliant products.
  6. Growth of Marine Collagen: Marine collagen, derived from fish scales and skin, is gaining popularity due to its superior absorption rates, high bioavailability, and sustainability. It is particularly favored in dietary supplements and cosmetics.

Recent Trends

  1. Clean Label and Sustainable Sourcing: Consumers are increasingly seeking collagen products derived from clean, sustainable, and traceable sources. Marine collagen has gained attention as an eco-friendly alternative to bovine and porcine sources.
  2. Plant-Based and Vegan Collagen Alternatives: While true collagen is animal-derived, companies are exploring plant-based formulations that mimic collagen's properties, catering to the growing vegan and vegetarian consumer base.
  3. Innovation in Delivery Formats: Collagen products are now available in various formats, including powders, capsules, gummies, drinks, and topical creams. This diversification enhances consumer convenience and accessibility.
  4. Focus on Sports Nutrition: The use of collagen in sports nutrition is rising due to its benefits in improving muscle recovery, joint health, and overall athletic performance. Collagen-enriched protein powders and bars are becoming increasingly popular among fitness enthusiasts.
  5. Regional Growth in Asia-Pacific: The Asia-Pacific region, particularly China, Japan, and South Korea, is witnessing rapid growth in collagen demand due to the popularity of beauty supplements, anti-aging products, and traditional health practices.
  6. Collagen in Advanced Wound Care: Collagen is widely used in advanced wound care products, such as hydrogels and collagen sheets, due to its excellent healing properties. This trend is supported by the increasing prevalence of chronic wounds and the demand for effective treatment solutions.

Top Companies:

  • Collagen Solutions Plc
  • CollPlant Ltd.
  • GELITA AG
  • Koninklijke DSM N.V.
  • Nippi, Incorporated
  • Rousselot (Darling Ingredients, Inc.)
  • Nitta Gelatin, Inc.
  • Weishardt
  • Vinh Hoan Corporation
  • LAPI GELATINE S.p.a.
  • Integra LifeSciences Holdings Corporation
  • Getinge AB
  • Other Prominent Players

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Future Outlook

The global collagen market is poised for robust growth, driven by rising health awareness, advancements in collagen-based product development, and expanding applications across industries. As consumers continue to prioritize wellness, beauty, and sustainability, demand for collagen is expected to surge, particularly in functional foods, nutraceuticals, and cosmetics.

Market Segmentation

  • By Source
    • Bovine
    • Porcine
    • Marine
    • Poultry
  • By Application
    • Pharmaceutical & Healthcare
    • Food & Beverages
    • Cosmetics
    • Nutraceuticals
    • Others
  • By Product
    • Gelatin
    • Hydrolyzed Collagen
    • Native Collagen

Regions

North America
Europe
Asia Pacific
Middle East & Africa
South America

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Last Updated: 13-Dec-2024