Rapidly growing demand for collagen in end-use applications is one of the key factors stoking market growth. Some of the key end-use industries are healthcare, food & beverage, cosmetics, and pharmaceuticals.
The Global Collagen Market size is expected to reach USD 6.63 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.5% during the forecast period.
The Global Collagen Market size is expected to reach USD 6.63 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.5% during the forecast period.
With robust growth of the cosmetics industry, the global collagen market is estimated to rake in a healthy share of the revenue pie. Use of the product in skincare and personal care items offers superior anti-aging properties. Thus, burgeoning popularity of anti-aging products is working in favor of the market.
In addition, growing health issues among geriatric population associated with muscle pain and aging require use of the product to meet nutritional deficiencies. Major companies in the domain including Connoils, Gelita, and Rousselot are involved in development of advanced cosmetics, skincare, and personal care products that offer anti-aging, cell repairing, and skin enhancing properties. Furthermore, the product has significant usage in bone grafting, skin grafting, and cell repairing.
In Asia Pacific, countries such as China and India have witnessed substantial demand for the product in recent years. The development of healthcare industries, primarily in China and India, coupled with rise of medical tourism in these economies is likely to augment the market over the forecast period.
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In addition, rising technological advancements in economies such as Japan and Australia for product usage in the healthcare industry are anticipated to bode well for the regional market.
Top Players of Collagen Market:
Key market participants include Koninklijke DSM N.V.; Matrix; CONNOILS LLC; Advanced BioMatrix, Inc.; and Rousselot BV.
Market Segmentation of Collagen Market:
The Global Collagen Market segmented on the basis of Source, Product, Application, and Region.
By Source:
Bovine
Porcine
Poultry
Marine
By Product:
Gelatin
Hydrolyzed collagen
Native collagen
By Application:
Food & Beverages
Healthcare
Cosmetics
By Region:
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa
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