Market Research Report
South East Asia Collagen Market - Opportunity Analysis And Industry Forecast (2018-2023)
|Published by||Meticulous Market Research Pvt. Ltd.||Product code||603494|
|Published||Content info||111 Pages
|South East Asia Collagen Market - Opportunity Analysis And Industry Forecast (2018-2023)|
|Published: February 8, 2018||Content info: 111 Pages||
The South East Asian Collagen Market by Product (Collagen Peptide and Gelatin), Source (Porcine, Bovine, Marine, Chicken, Sheep, and Other Animals), Application (Food and Beverages, Cosmetics, Nutraceuticals, Pharmaceuticals, Healthcare, and Technical) - Opportunity Analysis and Industry Forecast (2018 - 2023)
South East Asian collagen market is expected to reach USD 142.8 million by 2023, at a CAGR of 7.2% during the forecast period of 2018 to 2023.
Succeeding an extensive secondary and primary research on collagen and an in-depth analysis of the market scenario, the report carries out an impact analysis of the key industry drivers, restraints, and opportunities listed in the market dynamics segment. Growing use of collagen in food industries, inclination towards protein consumption & nutricosmetics, increasing application in the healthcare industry, growing technical applications, and growing use of collagen based biomaterials are the major factors driving the collagen market in the South East Asian region. In addition, growing food processing industry further provides significant opportunities for the various stakeholders in this market. However, factors such as need of compliance with various standards and stringent regulations due to safety concerns, religious constraints, and growing use of alternatives are expected to hinder the growth of this market to some extent.
The study offers a comprehensive analysis of South East Asian collagen market with respect to various product types, sources, and applications. The market is mainly segmented by product type (collagen peptide and gelatin), source (porcine, bovine, marine, chicken, sheep, and other animals), application (food and beverages, cosmetics, nutraceuticals, pharmaceuticals, healthcare, and technical), and geography. On the basis of source, the porcine collagen accounted for the major share of the South East Asia collagen market in 2017. However, marine collagen is to be the fastest growing segment during the forecast period. The growth of marine collagen market is mainly due to the religious constraints associated with the consumption of some of the other sourced collagen. Fish collagen has received considerable attention for its potential as an ingredient in processed functional food manufacturing, as well as for cosmetic, biomedical, and pharmaceutical applications. On the other hand, it is also used as a nontoxic alternative collagen.
An in-depth analysis of the geographic scenario of the industry provides detailed qualitative and quantitative insights for the South East Asia along with the coverage of major countries in this region which includes Indonesia, Thailand, Malaysia, Philippines, Vietnam, Singapore, and RoSEA. The geographic analysis provides detailed insights on the key trends of the industry in these countries, identifying the demographic & economic impact, and government & private investments. Indonesia held the largest share in South East Asia collagen market in 2017, which is mainly attributed to its booming food and beverages sector due to various factors such as growing population, increased urbanization, growing awareness of healthy products, rising incomes, the shift of consumers towards modern retail stores, and growing tourism industry. In addition, Indonesia's fast-growing economy, growing healthcare and nutraceutical industries, and growing livestock and meat processing sector further drives the growth of collagen market in this region.
The report also includes the competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 3-4 years (2014-2017). The key players operating in the South East Asian collagen market are Rousselot (The Netherlands), GELITA AG (Germany), Weishardt Holding (France), Tessenderlo Group (Belgium), Nitta Gelatin Inc (Japan), Italgelatine S.p.A. (Italy), REINERT GRUPPE Ingredients GmbH (Germany), GELNEX (Brazil), PT. AIMFOOD MANUFACTURING INDONESIA (Indonesia), Holista CollTech Limited (Australia), Collagen Solutions Plc (U.K.), and Advanced BioMatrix Inc. (U.S.).