PUBLISHER: Orion Market Research Pvt Ltd | PRODUCT CODE: 1159228
PUBLISHER: Orion Market Research Pvt Ltd | PRODUCT CODE: 1159228
Contact us about how to customize the report with add-on data.
Global Collagen Protein Market Size, Share & Trends Analysis Report By Source (Bovine, Porcine, Marine and Poultry), By Form (Dry and Liquid), By Product Type (Gelatin, Hydrolyzed Collagen and Native Collagen), And By Application (Nutritional Product, Food and Beverages, Pharmaceuticals And Cosmetics & Personal Care) Forecast 2022-2028
The global Collagen protein market is anticipated to grow at a CAGR of around 5.4% during the forecast period. Collagen protein is a structural protein found in the human body and animals. Collagen protein is consumed in various forms in present times to cater to the need for life-supporting essentials. It is widely used in medical and cosmetics applications as it helps to repair body tissues. Increasing product use in food & beverages and healthcare Industries and rising technological advancements and R&D investments in the medical & healthcare industry is the prime factors likely to cater the market growth. For instance, in July 2021, Geltor has introduced its new collagen ingredient which is the first of its kind and is animal-free collagen. The company has said that this form of collagen is completely vegan and will be used in the category of food and beverages.
The global collagen protein market is segmented based on source, form, product type, and application. Based on the source, the market is segmented into bovine, porcine, marine and poultry. Based on the form, the market is sub-segmented into liquid and dry. Based on product type, the market is sub-segmented into gelatin, hydrolyzed collagen, and native collagen. Based on application the market is sub-segmented into nutritional products, food, and beverages, pharmaceuticals, cosmetics & personal care. Among these, the marine & poultry collagen segment is anticipated to grow at a widespread rate during the forecast period. Marine collagen is derived from marine sources which are fish. Fish that are taken directly from wild water bodies have no added chemical food as they are not grown in wish ponds where chemicals are given for healthy fish growth. For instance, in April 2021, Korea University did a study and found that a starfish named Asterias pectinifera which is primarily found in the Korean region have collagen in them which is beneficial for the skin. This is an effective anti-aging cosmetic. This study was partly funded by Korea's Ministry of SMEs.
Geographically market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America is going to be a good market for the collagen protein market. An increase in cases of arthritis is causing problems in the people of America. People are suffering from the problems of joint or osteoarthritis which cause inefficiency in doing daily activities and this hits mainly at bone joints. Collagen rich food and supplement will be beneficial for this problem. As per the Center for disease control and prevention in 2020, 1 in 4 adults in the US has arthritis. For instance, in March 2022, as per a study published in the journal Arthritis and rheumatology which is the official journal of the American college of rheumatology, teens who are in their 20s and 30s are at a higher risk of catching osteoarthritis. Previous studies have shown that this problem was common in old age people.
The major companies serving the global collagen protein market include Gelita AG, Nitta Gelatin NA Inc., SAS Gelatins Weishardt, Darling Ingredients Inc., Nippi Collagen NA Inc., and others. The market players are working in a consistent way to provide their consumers with healthy and clean food and medicines. Companies are adopting different market strategies such as mergers and acquisitions, new product launches, business expansion, partnership collaboration, and others. For instance, in Oct 2020, Collagen solutions Plc partnered with Rosen's diversified. Collagen solutions mainly deal in manufacturing and processing medical based collagen. Rosen's has invested $4.7 million in Collagen solutions.
Research Methodology
The market study of the global Collagen protein market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers:
4.4 Global Collagen protein market by application
4.4.1. Nutritional products
4.4.2. Food and beverages
4.4.3. Pharmaceuticals
4.4.4. Cosmetics and personal care