Collagen Market: Current Analysis and Forecast (2022-2028)

Global Collagen Market is expected to grow at a significant rate of around 7% during the forecast period owing to the increased spending capacity of modern consumers on healthcare. Collagen is found in connective tissue, skin, tendons, bones, and cartilage. It provides structural support to tissues and plays important roles in cellular processes, including tissue repair, immune response, cellular communication, and cellular migration a process necessary for tissue maintenance. Moreover, the rising vegan population and vegetarianism are leading to numerous sections of the population lacking the minerals and amino acids that are predominantly found in food that comes from animals.

Major companies in the market are opting for natural ingredients in products, several businesses choose to use natural compounds like collagen rather than synthetic ones in their cosmetic products. For instance, In September 2020, Nitta Gelatin NA adds Replenwell, a new line of highly functioning collagen peptide ingredients, to its Wellnex portfolio. Replenwell collagen peptides are clinically tested for safety and efficacy and are available in a variety of raw material sources, including fish, bovine, and porcine. Moreover, Replenwell™ collagen peptide ingredients, recently recognized as "Ingredient of the Year' for beauty applications by NutraIngredients-USA.

Gelita AG, Nitta Gelatin NA Inc., Darling Ingredients Inc., Weishardt International, Nippi Collagen NA Inc., Rousselot B.V., Collagen Matrix Inc., Koninklijke DSM N.V., CONNOILS LLC, Advanced BioMatrix Inc. are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

"Amongst source, bovine category to witness significant CAGR during the forecast period"

Based on source, the market is segmented into bovine, porcine, poultry, marine, and others. Bovine category to witness a significant CAGR during the forecast period. This is mainly due to it includes characteristics like improved water solubility and low molecular weight in addition to having a high protein content. As a result, producers are using it more frequently in the food and beverage sector to provide consumers with more nutrient-dense goods.

"Amongst product, the gelatin to hold a significant share in the market in 2020"

On the basis of product, the market is categorized into gelatin, hydrolyzed collagen, native collagen, synthetic collagen, and others. Among these, gelatin to hold a significant share in the market in 2020. This is mainly due to rising health awareness among consumers, gelatin is becoming more popular, and it is rapidly used for several benefits such as aging skin, osteoarthritis, osteoporosis, brittle nails, obesity, diarrhea, and various other conditions. In April 2021, Reneva collagen drink launched a new product formulation and found a green apple flavor. It is packed with 10 grams of collagen peptides that help to enhance lean muscle gain, and muscle strength, boost metabolism, and increase fat loss in combination with moderate exercise.

"APAC to hold a significant share in the market"

In 2020, APAC held a significant share of the global ATV market. This is mainly due to the growing demand for nutritional supplements coupled with increasing use in personal and sports nutrition products. Further, the growth of the beauty & wellness industry in Asia Pacific countries, especially in South Korea and Japan, is driving the demand for collagen across the region. For instance, in August 2019, Advanced Protein Technology, under the Nutra Collagen brand, launched a new line of instantized collagen products called Collagen+. The collagen is combined with ingredients like natural medium-chain triglyceride coconut oil to create a wellness supplement that may help to boost health. In addition, high investments in research and development activities to produce collagen-based products are expected to favor market growth.

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The study includes market sizing and forecasting analysis validated by authenticated key industry experts.

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The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.

Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.

The study comprehensively covers the market across different segments.

Deep dive regional level analysis of the industry.

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