Collagen Market Set to Surge: Projected to Reach $8.64 Billion by 2029

[Redding, California, 16-02-2024] - Meticulous Research®, a renowned leader in global market research, has unveiled a comprehensive research report titled 'Global Collagen Market by Type (Gelatin, Collagen Peptide, and Native Collagen), Source (Porcine, Bovine, Marine, Chicken, and Sheep), and Application (Food & Beverage, Pharmaceuticals, Nutraceuticals, and Healthcare)-Global Forecasts to 2029'. According to this report, the global collagen market is anticipated to surge to $8.64 billion by 2029, showcasing a robust CAGR of 6.9% from 2022 to 2029. In terms of volume, the market is poised to reach 755.3 KT by 2029, growing at a CAGR of 5.1% during the same period.

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Collagen, often hailed as nature's glue, plays a pivotal role in fortifying and safeguarding various bodily structures, including the skin, by impeding the absorption and proliferation of pathogenic substances, environmental toxins, microorganisms, and cancerous cells. It acts as the cornerstone that upholds the integrity of smooth muscle tissues, blood vessels, digestive tracts, and vital organs like the heart, kidneys, and bladder.

Driven by its exceptional biocompatibility, facile biodegradability, and minimal antigenicity, collagen and gelatin find extensive utility across the food, pharmaceutical, and cosmetic sectors. Notably, fish-derived collagen and gelatin have witnessed renewed interest, owing to heightened safety concerns and religious considerations surrounding mammalian sources.

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The burgeoning demand for collagen in the food industry, coupled with the escalating preference for protein-enriched nutricosmetics, has emerged as a chief growth driver for the market. Furthermore, the expanding array of healthcare applications, coupled with burgeoning investments in technical advancements and collagen-based biomaterials, are propelling market growth.

However, obstacles such as safety apprehensions, religious constraints, and the emergence of alternative products are anticipated to impede market expansion to some extent. Overcoming these challenges while enhancing processing technologies poses a significant hurdle for market players.

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Impact of COVID-19 on the Global Collagen Market

The advent of the COVID-19 pandemic precipitated widespread disruptions across various economic sectors globally. Governments worldwide responded by imposing partial or complete lockdowns to curb the contagion's spread, profoundly impacting manufacturing and service industries, including collagen production.

Scientific research indicates a depletion or exhaustion of NK and T cells in COVID-19 patients, suggesting a correlation between SARS-CoV-2 infection and compromised antiviral immunity. However, consumption of collagen peptides has shown promise in bolstering NK and T cell counts, thereby augmenting human immunity. As such, the demand for collagen has surged amid the pandemic, fueled by heightened consumer interest in collagen-infused products across diverse applications.

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Increasing Healthcare Applications to Propel Market Growth

The utilization of collagen in healthcare applications continues to burgeon, driven by the escalating demand for cosmetic surgeries and wound healing interventions. Collagen's pivotal role in tissue regeneration, bone reconstruction, and various orthopedic and dental procedures underscores its indispensable value in the medical domain.

Moreover, the deployment of collagen in cardiology, particularly for the fabrication of heart valves and drug delivery membranes, further amplifies its significance in healthcare. As the prevalence of chronic ailments surges, the demand for collagen-based medical implants and drug delivery systems is poised to escalate substantially.

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