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Collagen Market Global Upcoming Demand & Growth Analysis 2023-2032

02-27-2023 09:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: REPORTS PUBLISHER

Collagen Market Global Upcoming Demand & Growth Analysis

The global collagen market size was estimated at USD 4.7 billion for the last year and is anticipated to register a CAGR of 5.3%, reaching a value of USD 7.2 billion by the end of the forecast year in terms of value. Demand for collagen products is also anticipated to rise as gelatin and hydrolyzed collagen is being used in a variety of sectors, including healthcare, cosmetics, and food & beverages. Collagen supplements have a wide range of uses in cosmetic procedures, anti-aging treatments, and aesthetic medications because they keep skin moisturized and keep it from aging.

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Collagen fibers present in the human skin are damaged with time, losing thickness and strength, which results in skin aging. Collagen is used in the cosmetic industry in creams as a nutritional supplement for bone and cartilage regeneration, vascular and cardiac reconstruction, skin replacement, and augmentation of soft skin, among others. Collagen is a common constituent of soaps, shampoos, facial creams, body lotions, and other cosmetics. Hydrolyzed collagen is an important ingredient in skin and hair care products. One important application of hydrolyzed collagen in the personal care sector is combined with surfactants and active washing agents in shampoos and shower gels. The diet choices people are making nowadays prevent the skin from receiving the vital nutrients it needs. Because of this, nutricosmetics, which give the human skin the nutrition it needs, are very popular.

Opportunities: Immense opportunities in emerging economies

The global collagen market is growing as the demand for collagen from developed economies has increased due to the changing consumer attitude toward the consumption of collagen derivatives. Consumers are more aware of the importance of collagen in maintaining their health, which has led to the sustained growth of collagen components in the market.

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Changing lifestyles, food habits, the adoption of western food habits, an increase in demand for functional ingredients in food products, and an increase in industrial activity leading to the need for process enhancement have contributed to the development of the collagen market in developing economies. Emerging economies such as the Asia Pacific, South Africa, the Middle East, South America, and Eastern European countries provide excellent opportunities for the growth of the collagen market

By form, liquid segment is projected to witness a decent market growth rate during the forecast period
By form, liquid segment is projected to witness a decent market growth rate during the forecast period. Collagens are also available in liquid form. As compared to other proteins, collagen in liquid form is soluble. These can be used across a wide range of concentrations. Liquid forms of collagen typically have less collagen per serving than the powdered alternative. Independent from their average molecular weight, all collagens showcase almost the same low viscosity at lower protein concentrations.

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Key Players in Collagen Market:
Key players in this market include Tessenderlo Group (Belgium), Darling Ingredients (US), GELITA AG (Germany), Lapi Gelatine S.p.a. (Italy), Holista Colltech (Australia), Gelnex (Brazil), Nitta Gelatin N.A Inc. (Japan), Collagen Solutions plc (UK), Weishardt Holding SA (France), and Royal DSM N.V (The Netherlands).

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REPORTS PUBLISHER is a market research and consultative company that provides market research reports and business insights to large and small & medium enterprises. The company supports its clients to conceive business policies and accomplish sustainable growth in their particular market domain.

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