According to SNS Insider, The Collagen Market Size was valued at USD 9.82 billion in 2023 and is expected to reach USD 20.94 billion by 2031 and grow at a CAGR of 9.8% over the forecast period 2024-2031. The collagen market landscape is characterized by a dynamic interplay of factors, including shifting consumer preferences, technological advancements, and regulatory frameworks. With consumers increasingly prioritizing natural and sustainable products, there's a growing emphasis on ethically sourced collagen derived from marine and plant-based sources. This trend aligns with broader sustainability initiatives within the industry, driving manufacturers to explore innovative extraction methods and supply chain practices to meet evolving demands. Moreover, advancements in biotechnology have paved the way for the development of collagen alternatives, catering to vegan and vegetarian demographics without compromising efficacy or quality.

As the collagen market continues to evolve, strategic partnerships and collaborations are becoming instrumental in driving growth and fostering innovation. Cross-industry collaborations between food and beverage companies, pharmaceutical firms, and beauty brands are yielding synergistic solutions that leverage the unique properties of collagen across diverse applications. From functional food and beverage formulations to advanced wound care products, these collaborations are expanding the market reach of collagen-based solutions while unlocking new avenues for product development and differentiation. By fostering an ecosystem of collaboration and knowledge exchange, stakeholders are poised to capitalize on emerging opportunities and address evolving consumer needs in the dynamic collagen market landscape.

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Some of the Key Players Included are:

The key players are Gelita AG, Darling Ingredients, Junca Gelatines S.L, Lapi Gelatine, Vital Proteins, Crescent Biotech, Nitta Gelatin, Inc, Weishardt, Nippi Inc., Vinh Hoan Corporation, Gelnex, Ewald-Gelatine, Collagen Solutions, and other players.

Market Overview

Because collagen supplements can keep skin hydrated and prevent indications of aging, they have found extensive use in aesthetic operations, anti-aging therapies, and pharmaceuticals. Collagen is also essential for pharmaceutical applications, such as the creation of sponges and membranes for drug delivery systems. Importantly, these materials degrade naturally, making their disposal environmentally safe. Recent advancements in the healthcare industry have also boosted the effectiveness of collagen products.

Market Analysis

The rising use of collagen products in cosmetics as well as other sectors propel the market growth. Increasing investment by consumers in healthcare and well-being further contributes to this high demand. Various sectors, including food and beverage, biomedical materials and devices, cosmetics and wellness, and pharmaceuticals, primarily from North America, Europe, and the Asia Pacific require collagen for various purposes which directly affected the demand for collagen positively. Collagen's various benefits, such as slowing the aging process, increasing bone density, skin hydration, wrinkle reduction, and muscle development, are influencing market growth. 

Segmentation Analysis

In 2022, the gelatin product type segment led the market with the highest revenue share. This is largely due to the significant demand for gelatin collagen from the food and beverage industry. The bovine segment dominated the source segment for collagen market in 2022, accounting for the highest revenue share. This is attributed to the higher availability of cattle and lower pricing compared to other sources.  Growing consumer awareness of collagen's benefits is driving the growth of the cosmetics and personal care products segment.

By Source

Bovine

Porcine

Marine

Poultry

Others

 

By Type

Type I

Type II

Other Types

 

By Form

Dry

Liquid

 

By Product Type

Gelatin

Hydrolyzed Collagen

Synthetic Collagen

Native Collagen

Others

 

By Application

Nutritional products

Dietary Supplements

Sports Nutrition

 

Food & Beverages

Dairy Products

Confectionery Products

Snacks, Soups, And Sauces

Beverages

Meat & Poultry Products

Pet Food

Other Food & Beverages

 

Cosmetics & Personal Care Products

Beauty Supplements (Nutricosmetics)

Topical Cosmetic Products

Pharmaceutical

Others

Key Regional Development

The Asia Pacific region took the lead in the market in 2022, driven by rapid developments in key economies such as India and China. The well-established meat processing industry in these economies is expected to lead to increased captive consumption production levels. In Europe, stringent regulations established by the European Commission govern the collagen market. The use of high-quality collagen in the manufacturing of bone and tissue reconstruction patches is expected to fuel market growth. The North American market is expected to experience growth driven by various end-user industries, including healthcare, cosmetics, and food and beverage. The region is also influenced by the rising preference for health drinks among consumers.

Key Takeaways

· The growing consumption of collagen in various applications, coupled with increased demand in healthcare, cosmetics, and the food and beverage industries, is driving market growth. Manufacturers are investing in technologies and product development to meet consumer demands.

· The global collagen market is expanding as demand from developed economies increases due to changing consumer attitudes toward collagen derivative consumption.

Recent Developments

· In November 2022, Nitta Gelatin India Limited announced the approval of a capacity expansion by 1000 Mt annually for manufacturing collagen peptides at the Gelatin Division.

· In March 2023, Rousselot, a health brand of Darling Ingredients, the world leader in collagen-oriented products, announced a study demonstrating that highly purified gelatin-based biomaterials can significantly enhance the reproducibility and reliability in in vitro 3D models, potentially reducing the need for preclinical animal trials.

 

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