Press release
Hydrolyzed Collagen Market Size is anticipated to Record a Valuation of USD 1,247.53 Million By 2027
According to The Insight Partners latest market study on "Hydrolyzed Collagen Market to 2027 - COVID-19 Impact and Global Analysis - by Source (Bovine, Porcine, Poultry, Marine, and Others) and Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care, and Others)," the market was valued at US$ 810.59 million in 2019 and is projected to reach US$ 1,247.53 million by 2027; it is expected to grow at a CAGR of 5.6% from 2020 to 2027. The report highlights key factors driving the market growth and prominent players, along with their developments, in the market.Hydrolyzed collagen, also known as collagen hydrolysate, is made of short chains of amino acids derived from collagen. It is more bioavailable and is better absorbed into the bloodstream due to shorter chains of amino acids as compared to collagen and gelatin. Hydrolyzed collagen is readily broken down into a form that can enter the bloodstream after digestion. After consumption and absorption, hydrolyzed collagen travels throughout the body, rebuilding, repairing, and providing energy.
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It is carried to different tissues of the body where cells build the peptides into full-length collagen helices to repair the skin, bones, and joints. Hydrolyzed collagen is a versatile source of protein and an important element of healthy nutrition. Its nutritional and physiological properties promote the bones, joints, and skin health.
The global hydrolyzed collagen market is concentrated with a few well-established players including Gelita AG, Rousselot, Nitta Gelatin, Protein S.A., ConnOils LLC, Norland Products Inc., PB Leiner, Ewald-Gelatin GmbH, Titan Biotech Limited, and Viscofan BioEngineering.
Based on application, the hydrolyzed collagen market is segmented into food & beverages, pharmaceutical & nutraceuticals, personal care, and others. The pharmaceutical & nutraceuticals segment led the hydrolyzed collagen market with the highest market share in 2019. Collagen is known as the major structural protein found in the skin, tendon, and bone of the vertebrate body. Ten different vertebrate collagens have been recognized, of which the dominant collagen is the type I. Interest in collagen as pharmaceutical as well as nutraceutical is due to its low immunogenicity and high biocompatibility.
Hydrolyzed collagen primarily comes in a powder form. It has higher bioavailability as compared to gelatin (90% absorption vs 85.97%). It can be added to hot, warm, or cold water as needed. It improves hair & nail growth, reduces joint pain, and boosts metabolism. Rising consumption of dietary supplements is boosting the demand for hydrolyzed collagen in the nutraceuticals industry. These factors have led to increased sales of hydrolyzed collagen through application.
The COVID-19 pandemic began in Wuhan (China) in December 2019. As of March 2021, the US, Brazil, India, Russia, South Africa, Mexico, and the UK are among the worst-affected countries in terms of confirmed cases and reported deaths. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The overall market breakdown due to COVID-19 is also affecting the growth of the hydrolyzed collagen market due to shutting down of factories, obstacles in supply chain, and downturn in world economy.
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