The global collagen market is projected to reach USD 5.63 billion by 2028, growing at a CAGR of 6.2%. Growing health cognizance among individuals and increasing product demand from various end use industries are some of the factors driving the growth of the global collagen market.
Adroit Market Research report on global Collagen market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities and challenges. The market has been studied for historic years from 2018 to 2019, with the base year of estimation as 2020 and forecast from 2021 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global collagen market have been studied in detail.
Collagen, a vital structural protein of multicellular entities, is gaining traction as a dynamic ingredient in the food, pharmaceutical, and biomedical industries. Due to its versatile properties, collagen produces have gained a substantial market worth, projecting an increasing demand in the global collagen industry.
The global collagen market is categorized based on source, product and application. On the basis of application, the market is segmented into food and beverages, healthcare, cosmetics and others. The healthcare segment dominated the market in 2019. An extensive range of materials have been used as dressings for skin donor sites, burns, skin ulcers and excisional sites, all these include reconstituted collagen.
North America dominated the market for collagen in 2019, while Asia Pacific is set to grow at a highest CAGR due to engrained meat processing industry. Key players of the global collagen market include Gelnex, Weishardt Group, Gelita AG, Lapi Gelatine S.p.a, Vinh Hoan Corporation, Nitta Gelatine, Darling Ingredients, Rousselot B.V., Nippi Collagen NA Inc., Collagen Matrix; Inc. among others.
Key segments of the global collagen market
Source Overview, 2018-2028 (USD Billion)
- Marine & poultry
Product Overview, 2018-2028 (USD Billion)
- Hydrolyzed collagen
- Native collagen
Application Overview, 2018-2028 (USD Billion)
- Food & Beverages
Regional Overview, 2018-2028 (USD Billion)
- North America
- United Kingdom
- Asia Pacific
- South America
- Middle East & Africa