Press release
Collagen Market Size will Observe Substantial Growth by 2031
Collagen Market: Overview• Collagen is an insoluble, hard, and fibrous protein that makes up one-third of the protein in the human body. Collagen is secreted by various cells, but primarily by connective tissue cells.
• Different sources of collagen are bovine, porcine, marine, and poultry
• Collagen is widely used in industries such as pharmaceutical & healthcare, food & beverages, cosmetics, and nutraceuticals
• Collagen is available in the form of gelatin, hydrolyzed gelatin, and native collagen
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Collagen Market: Key Drivers
• Manufacturers of collagen-based products are launching new products in order to provide enhanced treatment options for wound care and orthopedic applications
• In May 2021, Rousselot, a prominent manufacturer of gelatin for pharmaceutical, food, and nutrition industries, announced the launch of X-Pure GelDAT, the first-ever purified and phenol-functionalized gelatin
• In February 2018, Collagen Matrix, Inc. launched OssiMend bone graft matrices from its spine business unit. The OssiMend bone graft matrices are intended to provide scaffold for a patient to grow a new bone and are primarily used in spinal fusion surgeries.
• Launch of new products is projected to address key unmet medical needs of millions of individuals who suffer from mobility-related health issues such as bone health and joint health problems
• Increase in burden of joint conditions such as osteoporosis and osteoarthritis is anticipated to fuel the growth of the global collagen market. According to the International Osteoporosis Foundation, globally, osteoporosis causes more than 8.9 million fractures each year, with around 200 million women, mostly above the age of 50 years, are affected by this condition.
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Market Segmentation: Collagen Market
• In terms of source, the global collagen market has been classified into bovine, porcine, marine, and poultry. The bovine segment accounted for major share of the global collagen market in 2020.
• Based on application, the global collagen market has been categorized into pharmaceutical & healthcare, food & beverage, cosmetic, nutraceuticals, and others. The food & beverage segment dominated the global collagen market in 2020 and the trend is expected to continue during the forecast period.
• In terms of product, the global collagen market has been segmented into gelatin, hydrolyzed gelatin, and native collagen
• Each of the segments has been analyzed in detail for market trends, recent trends, and developments, drivers, restraints, opportunities, and useful insights. The collagen market report provides current and expected revenue (US$ Mn) for each of these segments from 2021 to 2028, considering 2020 as the base year. The compound annual growth rate (percentage CAGR) has been provided for each segment and market from 2021 to 2028 along with market size estimations.
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Regional Overview: Collagen Market
• North America dominated the global collagen market in 2020, accounting for 36% share. The U.S. lead the market in North America owing to factors such as increase in incidence of joint disorders, surge in the geriatric population, rise in demand for better health care facilities, and adoption of improved products & technologies.
• Asia Pacific is anticipated to gain market share during the forecast period. Product launches, acquisitions, distribution agreements, alliances, and geographical expansion by local players, especially in China and India, are expected to propel the collagen market in the region
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Major Players
• The collagen market report concludes with the company profiles section, which includes key information about major players in the global collagen market
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