The smart insights
Rising technological advancements and growing R&D spending in regenerative medicine are driving the growth of the collagen market over the forecast period. Strong demand for vegan and vegetarian populations is also an opportunity for market growth. North America emerged as the largest market for the global collagen market, with a market share of 46.34% in 2022.
Newark, Oct. 28, 2022 (GLOBE NEWSWIRE) — According to the report published by The Brainy Insights, the global collagen market is expected to grow from $6.34 billion in 2022 to $10.77 billion in 2030, at a CAGR of 6.85 % during the forecast period 2022-2030.
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Rising consumer preferences for protein supplements are expected to expand collagen industry demand over the projection horizon. Moreover, the increasing demand for convenience foods and the increasing adoption of collagen in the cosmetics and pharmaceutical industries are also contributing to the growth of the market. However, the strict rules for killing animals and the inadequate processing technologies in the developing region are slowing down the market growth. In addition, the growing food processing industry and the increase in per capita income are opportunities for market growth.
To strengthen their market position in the global collagen market, the key players are now turning to adopt strategies such as product innovations, mergers and acquisitions, recent developments, joint ventures, collaborations and partnerships.
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Market growth and trends
The growth of the collagen market is driven by increasing demand for nutritional supplements, increasing use in personal and sports nutrition products, and increasing use of collagen in animal feed to increase protein content in animals are driving factors of the market growth. Moreover, the increasing demand for collagen in healthcare is the growth trend in the market. In addition, the increased health awareness and changing lifestyle are the driving factors behind the market growth. Furthermore, the increase in the use of collagen supplements in pharmaceuticals, especially in developing countries, is driving the market growth. Moreover, the extensive use of collagen as a filler for bone cavities and its ability to stimulate bone development in cardiovascular surgery, orthopedics, plastic surgery and dentistry also contribute to the growth of the market during the forecast period. In addition, the increasing number of operations in soft tissue augmentation and new product innovations in synthetic engineered tissue and biomaterials design are driving the market growth during the forecast period.
• In 2022, the liquid segment dominated the market with the largest market share at 39.15% and a market turnover of 2.48 billion.
The dosage segment is divided into capsule, liquid and powder. In 2022, the liquid segment dominated the market with the largest market share of 39.15% and a market turnover of 2.48 billion. This growth is attributed to increasing R&D to develop innovative products such as vegan collagen.
• In 2022, the gelatin segment dominated the market with the largest market share at 31.17% and a market turnover of 1.97 billion.
The product segment is divided into native collagen, gelatin, synthetic collagen and others. In 2022, the gelatin segment dominated the market with the largest market share of 31.17% and a market turnover of 1.97 billion. This growth is attributed to the increasing use of gelatin in many collagen products.
• In 2022, the maritime segment dominated the market with the largest market share at 27.19% and a market turnover of 1.72 billion.
The source segment is divided into pigs, cattle, marine animals, poultry and others. In 2022, the maritime segment dominated the market with the largest market share of 27.19% and a market turnover of 1.72 billion. This growth is attributed to the increased tendency of customers towards a healthy lifestyle.
• In 2022, the food & beverage segment dominated the market with the largest market share at 32.14% and a market turnover of 2.03 billion.
The application segment is divided into nutraceuticals, food & beverage, healthcare and pharmaceuticals. In 2022, the food & beverage segment dominated the market with the largest market share of 32.14% and a market turnover of 2.03 billion. This growth is attributed to the increasing use of collagen in the food and beverage sector.
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Regional Segment Analysis of Collagen Market:
• North America (US, Canada, Mexico)• Europe (Germany, France, UK, Italy, Spain, rest of Europe)• Asia-Pacific (China, Japan, India, rest of APAC)• South America (Brazil and the rest of South America)• The Middle East and Africa (UAE, South Africa, Rest of MEA)
The North American region was the largest market for the global collagen industry, with a market share of 46.34% and a market value of approximately 2.93 billion in 2022. North America dominates the collagen market due to the presence of confectionery manufacturers. In addition, increased business expansion and customer awareness and increasing demand for purified collagen for the production of collagen casings for meat are expected to drive the market growth in this region. Also, a strong healthcare industry and high government spending on healthcare are expected to drive market growth in this region. Furthermore, the Asia-Pacific region is expected to show the fastest CAGR of 9.04% over the projection horizon. This growth is attributed to high government spending on industrial and economic development. Moreover, the growing consumption of health and cosmetic products is also driving the market growth in this region. Moreover, the ever-increasing preference for health drinks among customers and the increasing consumption of confectionery are driving the market growth in this region.
Major Players in the Global Collagen Market Are:
• Nitta Gelatine• Gelita AG• Weishardt International• NVT Inc.• Rousselot BV• Darling Ingredients Inc.• Collagen Matrix Inc.• Nippi Collagen NVT Inc.• Advanced BioMatrix Inc.• CONNOILS LL• Koninklijke DSM NV
This study forecasts sales at the global, regional and country level from 2019 to 2030. The Brainy Insights has segmented the global collagen market based on the segments below:
Global Collagen Market Analysis by Dosage: Introduction
• Capsule• Liquid• Powder
Global Collagen Market Analysis by Product: Introduction
• Native Collagen• Gelatin• Synthetic Collagen• Other
Global Collagen Market Analysis by Sources:
• Pigs• Cattle• Sea• Poultry• Other
Global Collagen Market Segment By Application: Introduction
• Nutraceuticals• Food & Beverage• Healthcare• Pharmaceuticals
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About the report:
The global collagen market is analyzed by value (USD billion). All segments are analyzed on a global, regional and national basis. The study includes the analysis of more than 30 countries for each segment. The report provides in-depth analysis of driving factors, opportunities, restraints and challenges to gain the key insight of the market. The study includes Porter’s five forces model, attractiveness analysis, commodities analysis, supply, demand analysis, competitive position grid analysis, distribution and marketing channel analysis.
About The Brainy Insights:
The Brainy Insights is a market research firm, focused on delivering actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the client’s objectives in a short time to deliver high-quality output. We provide both customized (customer-specific) and syndicated reports. Our repository of syndicate reports is diverse across all categories and subcategories across domains. Our tailor-made solutions are tailor-made to meet customer requirements, whether they want to expand or plan to launch a new product in the global market.
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