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Collagen Market is Expected to Reach $5.3 billion by 2026

08-26-2022 03:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets™ INC.

The global collagen market size is estimated to be valued at USD 4.1 billion in 2021. It is projected to reach USD 5.3 billion by 2026, recording a CAGR of 5.4%, in terms of value. The growing application of collagen in the pharmaceutical and cosmetics & personal care products industry to fuel the demand for collagen proteins.

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The nutritional products segment accounts for the largest market share in the collagen market

Based on application, nutritional products segment is the largest segment in the overall collagen market. Collagen plays an important role in nutritional products, as it improves the performance of athletes by protecting their joints and connective tissues, aiding muscle restoration, muscular contraction, and weight management.

The bovine segment accounts for the largest market share in the collagen market

Based on source, bovine segment is the largest segment in the overall collagen market. Bovine collagen is extracted from bovine species such as water buffalo, yak, bison, and cows. It is highly rich in type I and III collagen. This type of collagen benefits the nails, skin, tendons, eyes, hair, muscles, bones, and blood vessels.

The liquid segment is projected to account for the second-largest share in the collagen market during the forecast period

By form, the collagen market is segmented into dry and liquid. Liquid segment accounted for the second-largest market share in the overall collagen market. The liquid form of collagen is increasingly being produced by cosmetic manufacturers, as they give better results.

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The Europe region is the largest region in the collagen market in the forecast period

Europe is the largest region in the global collagen market in the forecast period.

The presence of major collagen manufacturers such as GELITA AG (Germany) and Weishardt Group (France), further drives the market in the region.

This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as GELITA AG (Germany), NITTA GELATIN, INC. (US), Weishardt Group (France), Darling Ingredients Inc. (US), Nippi Collagen NA Inc. (Japan), Vinh Hoan Corporation (Vietnam), Junca Gelatines S.L. (Spain), Lapi Gelatine S.p.a. (Italy), Gelnex (Brazil), Vital Proteins LLC. (US).

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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