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Collagen Market Size Analysis | Industry Share Report, 2033
Collagen Market Size Analysis
As per the report, 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 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%.
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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.
Emergence Of Collagen Nutritional Gu'mmies And Chewable Capsules
Nutritional gum'mies, 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 Gumm'ies, OLLY Glowing Skin Vitamin Gu'mmies, 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 gumm'ies are rich in biotin and are responsible for nourishing the skin and supporting hair and nail growth.
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
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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.
Contents of the report:
1. Executive Summary
2. Collagen Market Report Structure
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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