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Collagen Market share U.S. Dominated the regional landscape | by Top Key Participant Sterling Gelatin, Roxlor LLC, Holista Colltech Limited, InterHealth Nutraceuticals
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Asia Pacific is anticipated grow at a high rate due to increase in per capita income and fast-paced industrialization. Countries such as India, Pakistan and Indonesia where beef & pork consumption is religiously prohibited are expected to be attractive food-grade sheep collagen markets.
Applications can be segmented into cosmetics, food & beverages, nutraceuticals, healthcare and pharmaceuticals. Food & beverages can be further bifurcated into beer, wine, cakes, jellies, ice-creams, refined sugar, and non-dairy creamer. Increase in consumption and growing food industry is likely to contribute to collagen market growth.
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The collagen market is characterized by increasing R&D activities for drug development, rising social awareness about personal health, and growing wound healing & regenerative medicines industry. Increasing food grades prices and huge importing cost is likely to restrain growth.
The global collagen market share is consolidated and dominated by selective players. Rousselot International, Gelita AG, and Nitta Gelatin are key players and accounted for more than 60% of the total gelatin market in 2015. Large production capacity, effective products and strong distribution network were among key strategic initiatives. Other participants include Norland Products, Sterling Gelatin, Roxlor LLC, Holista Colltech Limited, InterHealth Nutraceuticals, Weishardt International Group, and Weishardt Glatines. Regional expansion as well as strengthening the product portfolio is likely to be important strategy.
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In November 2010, Holista Colltech, which has operations in Australia and Malaysia, introduced a new product under the brand name Ovinex, the foremost food-grade sheep collagen, in order to expand into Islamic countries where pork consumption. Middle East collagen market is expected to exhibit high untapped potential over the coming years.
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