The market is expected to be driven by the product’s growing application scope in the food and beverage as well as healthcare and pharmaceutical industries. The Global Collagen Market size is projected to reach USD 6.63 billion by 2025, according to a new report by Grand View Research, Inc., registering a 6.5% CAGR during the forecast period.
In addition, the market is expected to benefit from increasing adoption of collagen-based products due to superior characteristics such as gelling, emulsification, and binding of food products in which it is used. Demand for gelatin is expected to register steady growth due to growing use of the product in the production of jellies, chewing gums, and desserts.
Demand for hydrolyzed collagen is expected to rise due to growing adoption in bone grafting, tissue engineering, and dental surgeries. In addition, growing demand for high-quality native collagen in cosmetic formulations as anti-aging and skin rejuvenating ingredients is expected to drive the market over the forecast period.
Healthcare is estimated to emerge as a major application segment in the collagen market. Demand for premium grade collagen for surgical procedures, wound dressing, and drug delivery mechanisms is also expected to drive the market over the forecast period.
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The market is also expected to be fueled by the growth of the food and beverages industry, primarily in Asia Pacific. Increasing demand for confectionery products, coupled with rising expenditure on food products by consumers in the region, is expected to drive the global market.
Top Players of Collagen Market:
Prominent 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
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