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The Growing Grass-Fed Collagen Market Projected 8.6% Growth Rate and US$ 279.6 Million Valuation by 2033

11-21-2023 04:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact MR

The Growing Grass-Fed Collagen Market Projected 8.6% Growth

In 2022, the grass-fed collagen market reached a notable figure of US$ 113.1 million. Projections indicate a robust growth rate of 8.6% from 2023 to 2033, with expectations that the market will attain a substantial valuation of US$ 279.6 million by the conclusion of the forecast period. This growth trajectory underscores the increasing demand for grass-fed collagen, reflecting the product's rising popularity and market significance.

The grass-fed collagen market has witnessed a significant surge in recent years, driven by the growing awareness of consumers about the benefits of collagen for skin health, joint support, and overall well-being. Collagen, a protein found in connective tissues of animals, is a crucial component for maintaining skin elasticity and joint flexibility. What sets the grass-fed collagen apart is its sourcing from pasture-raised cows, ensuring a higher quality of the protein and addressing concerns related to animal welfare and environmental sustainability.

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The market's growth is propelled by an increasing demand for natural and clean-label products. Consumers are increasingly seeking alternatives to synthetic supplements, and the grass-fed collagen market aligns well with this trend. As health-conscious consumers prioritize products with minimal processing and additives, grass-fed collagen emerges as a premium choice, meeting both nutritional and ethical considerations.

Market Opportunity:

The grass-fed collagen market presents a promising opportunity for growth, fueled by the rising popularity of health and wellness trends. Consumers are not only looking for functional ingredients but also demand transparency in sourcing and production. Grass-fed collagen, with its emphasis on ethical and sustainable practices, taps into this demand. The potential for product diversification is vast, with applications in dietary supplements, beauty products, and functional foods.

Furthermore, the market is set to benefit from the increasing aging population globally. Collagen supplementation is gaining traction among older demographics seeking natural solutions for maintaining skin health and joint function. As research continues to uncover additional health benefits associated with collagen, the market is poised to expand into new segments and applications.

Market Challenges:

The grass-fed collagen market faces challenges that warrant careful consideration. One significant challenge is the potential for supply chain disruptions. The reliance on pasture-raised cattle introduces a level of unpredictability in the availability of raw materials. Fluctuations in weather conditions, natural disasters, and other factors impacting livestock can influence the supply chain, leading to potential shortages and price volatility.

Another challenge lies in educating consumers about the differences between grass-fed collagen and other collagen sources. Building awareness about the superior nutritional profile and ethical considerations of grass-fed collagen is crucial for sustained market growth. Additionally, the premium price associated with grass-fed collagen may pose a barrier for price-sensitive consumers, necessitating effective communication of its value proposition.

Key Players:

Gelita AG
Nitta Gelatin
Tessenderlo Group
Nippi Collagen NA Inc.
Rousselot B.V.
Collagen Matrix
Koninklijke DSM N.V.
CONNOILS LLC
Advanced BioMatrix
Symatese

Competitive Landscape:

In April 2021, Gelita took a significant step in its expansion strategy by acquiring 65% of shares in Thissen Gelatin, a German-based family-owned gelatin producer. This strategic move is poised to enhance Gelita's position in the European gelatin market, reinforcing the company's commitment to growth and market leadership.

Similarly, Nitta Gelatin executed a strategic acquisition in March 2021, securing Vyse Gelatin, a family-owned gelatin producer located in Canada. This move aligns with Nitta Gelatin's overarching strategy to strengthen its footprint in the North American market, emphasizing the company's dedication to expanding its reach and influence in key regions.

In January 2021, Collagen Matrix unveiled its latest product, the FlexiMat membrane. Positioned as a resorbable collagen membrane, FlexiMat serves as a valuable addition to the field of dental and oral surgery procedures. Specifically designed to facilitate tissue regeneration and wound healing, the introduction of FlexiMat demonstrates Collagen Matrix's commitment to innovation and advancing solutions within the healthcare and dental sectors. This launch further solidifies Collagen Matrix's position as a forward-thinking player in the collagen-based medical products industry.

Segmentation of the Grass-fed Collagen Market :

By Type :
Gelatin
Hydrolyzed

By Application :
Food & Beverages
Healthcare
Bone Graft Substitutes
Cartilage Repairs
Collagen-based Scaffolds
Hemostats
Skin Substitutes
Cosmetics

By Region :
North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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About Fact.MR :

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

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