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Collagen Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033 | Gelita AG, Nitta Gelatin Inc., Junca Gelatines SL, Lapi Gelatine SPA, Gelnex Gelatin
Collagen Market Size
The Business Research Company offers in-depth market insights through Collagen Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The collagen market size has grown strongly in recent years. It will grow from $6.38 billion in 2023 to $6.99 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to rise in demand for beauty products, rise in awareness about skincare, rise in food and beverage industry, growth in the sports nutrition industry.
The collagen market size is expected to see strong growth in the next few years. It will grow to $10.19 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to aging population, rising healthcare sector, rising disposable income, rise in research and development. Major trends in the forecast period include plant-based collagen, clean label products, personalized collagen supplement, digital health and apps, clinical validation.
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Market Segmentation:
The main types of collagens are gelatin, hydrolyzed collagen, native collagen, and synthetic collagen. Gelatin materials have been widely used in the food, pharmaceutical, and cosmetic industries due to their good biocompatibility, easy biodegradability, and weak antigenicity. Collagen comes in a variety of dosage forms, including powder, liquid, and capsule. Collagen is derived from various sources that include bovine, porcine, marine, and poultry. Collagen is used in applications such as food, health care, nutraceuticals, personal care, and cosmetics.
Major Driver - Rising Prevalence Of Obesity To Drive Market Growth
The rapidly growing obese population is significantly contributing to the growth of the collagen market. Obesity is a dangerous disease that leads to an excessive amount of body fat. It is a medical problem that increases the risk of other diseases and health problems, such as heart disease, diabetes, and high blood pressure. Collagen supplements may increase satiety or the feeling of fullness. This could aid weight loss and management by reducing hunger and the number of calories consumed in a day. Collagen also suppress ghrelin, a hunger hormone. For instance, according to A-Minsia survey, obesity and metabolic syndrome are epidemic in developed countries worldwide, with disastrous health consequences. For instance, in March 2023, according to the World Heart Federation, a Switzerland-based non-government global cardiovascular community, around 2.3 billion adults and children were obese or overweight globally, and with the current obesity trend, it is estimated that the number of people living with obesity will reach 2.7 billion by 2025. Therefore, the rapidly growing cases of obesity help to drive the collagen market.
Competitive Landscape:
Major companies operating in the collagen market include Gelita AG, Nitta Gelatin Inc., Junca Gelatines SL, Lapi Gelatine SPA, Gelnex Gelatin, Nippi Collagen North America Inc., Weishardt, Darling Ingredients Inc., Vinh Hoan Corporation, Foodmate Co Ltd., Suboneyo Chemicals Pharmaceutical Pvt Ltd., ConnOils LLC, Rousselot B.V., Collagen Matrix Inc., Koninklijke DSM N.V., Ewald-Gelatine GmbH, REINERT GRUPPE Ingredients GmbH, Trobas Gelatine B.V., HolistaCollTech Ltd., Advanced BioMatrix Inc., Tessenderlo Group, Symatese Aesthetics, De Nederlandse Staatsmijnen, Cologenesis Healthcare Pvt Ltd., JBS S.A, Croda International plc, PB Leiner, Italgelatine S.p.A, Gelta Medical GmbH, Titan Biotech Ltd.
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Top Trend - Emergence Of Collagen Nutritional Gummie*s And Chewable Capsules
Nutritional gummie*s, chewable soft capsules, and enteric capsules are the recent trends in the collagen market. Major companies operating in the collagen sector are focused on developing new product solutions to strengthen their position. For instance, Vital Proteins Collagen Gummie*s, OLLY Glowing Skin Vitamin Gummie*s, NeoCell Beauty Bursts Collagen Soft Chews, HairOmega Multivitamin Gummy System are some of the trending collagen gummy brands that were introduced in the market in 2021. These gummie*s are rich in biotin and are responsible for nourishing the skin and supporting hair and nail growth.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Collagen Market Characteristics
3. Collagen Market Trends And Strategies
4. Collagen Market - Macro Economic Scenario
5. Collagen Market Size And Growth
…..
27. Collagen Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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