Scope of the Study
The Collagen is a structural protein and essential amino acids for the animal bodies. The collagen consists of components for tissue formation, healing, regeneration and healthy well-being of organisms. It has been observed that the increasing collagen by the key players in different end user market is expected to flourish the global market in future due to better sustainable in cosmetic aids, health supplements and healthcare aids. The manufacturers of collagens products are expanding their businesses in developed countries as these countries are more ideal for vegetarian, vegan, or flexitarian. The increased productivity of the collagen product is anticipated to push the global collagen market.
The market study is being classified by Type (Gelatin, Hydrolyzed collagen, Native collagen and Others), by Application (Food and Beverages, Healthcare, Cosmetics and Others) and major geographies with country level break-up. According to AMA, the Global Collagen market is expected to see growth rate of 5.7% and may see market size of USD5299.4 Million by 2024.
Gelita AG (Germany), Nitta Gelatine, Inc. (United States), Weishardt Group (France), Darling Ingredients (United States), Nippi Inc. (Japan), Vinh Hoan Corporation (Vietnam), Juncą Gelatines, S.L.(Spain), Lapi Gelatine S.p.a. (Italy), Gelnex (Brazil), Vital Proteins (United States) and Baotou Dongbao Bio-Tech Co., Ltd. (China) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are RABJ Co., Ltd (Japan), Connoils (United States), Nutra Food Ingredients (United States) and Italgelatine S.P.A (Italy).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Collagen market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Collagen market by Type, Application and Region. On the basis of Type, Product Type are dominating the market in the year 2018 where as Gelatin stood as second largest market share.
On the basis of application, Application segment is dominating the market in the year 2018 where as Healthcare segment stood as second largest market.
On the basis of geography, the market of Collagen has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Powder will boost the Collagen market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Bovine will boost the Collagen market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increase in Demand of Collagen Due to its Features such as Emulsification, Bending and Gelling of Food Products.
- Rise in Demand of Collagen in Production of Jellies, Chewing Gums and Desserts.
- Increase in awareness regarding nutraceuticals and health supplements.
- Rise in technological advancements in the healthcare sectors.
- Side Effects Associated With Collagen as its Decreased Appetite.
- Possible Chance of Allergic Reactions due to Collagen Sources (Fish, Shellfish, Chicken And Others).
- Rise in Demand of Hydrolyzed Collagen for Tissue Engineering and Dental Surgeries.
- The Collagen Market is Rapidly Boosting Due to Cosmetic Formulations as Anti-Aging and Skin Rejuvenating.
- Risk of Hypercalcemia Due to High Amounts of Calcium Contents.
Market Leaders and their expansionary development strategies
In April, 2018, IFF-Lucas Meyer Cosmetics acquired Kemin Industries. This acquisition is beneficial in strengthening the product portfolio in the three personal care ingredients. It also offers improved quality, safety & efficiency of feed, food & health related foods.
In April 2019, Vegan Gelatin launched the first human collagen which is beneficial in providing improved skin collagen content, less wrinkles, firmer & tighter skin, improved skin elasticity that boosted the moisturization /hydration and unmatched purity.
Key Target AudienceCollagen Manufacturers, Collagen Traders, End-Use Market Participants of Different Segments of Collagen, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase