Collagen Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033

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.

Market Overview -
The collagen refer to protein molecules made up of amino acids. It provides the body its shape to the extracellular space of connective tissues. Due to its high strength and resistance to stretching, it is perfect for skin, tendons, bones, and ligaments. Collagen can be divided into several groups based on the types of structures it forms.

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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.

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.

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Key Segments -

The collagen market covered in this report is segmented -

1) By Product: Gelatin, Hydrolyzed Collagen, Native Collagen, Synthetic Collagen
2) By Dosage: Powder, Liquid, Capsule
3) By Source: Bovine, Porcine, Marine & Poultry
4) By Application: Food, Health care, Nutraceuticals, Personal Care & Cosmetics

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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