Global collagen market is expected to reach $8.64 billion by 2029

The global collagen market is projected to reach $8.64 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.9% from 2022 to 2029. In terms of volume, the market is expected to reach 755.3 kilotons (KT) by 2029, with a CAGR of 5.1% over the same period.

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Market growth is primarily driven by the increasing use of collagen in the food industry, the rising demand for protein and nutricosmetics, expanding applications in healthcare, and the growing utilization of collagen-based biomaterials. Additionally, increasing per capita income and a flourishing food processing industry present significant growth opportunities for collagen manufacturers. However, concerns related to safety, religious constraints, and the availability of alternative products pose challenges to market growth. Collagen manufacturers also face the challenge of addressing safety issues and improving food processing technologies.

The market is segmented by type, source, application, and geography, with an analysis of key competitors and regional markets at both the regional and country levels.

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Market Segmentation
By Type: The collagen market is divided into gelatin, collagen peptides, native collagen, and synthetic collagen. In 2022, the gelatin segment is anticipated to hold the largest market share due to its high demand from the food and pharmaceutical industries, thanks to its excellent stabilizing and binding properties. The increased use of gelatin in chewable soft capsules, and enteric capsules in the pharmaceutical sector further supports this segment's growth. Additionally, the growing application of gelatin in photography, nutraceuticals, and cosmeceuticals contributes to its large market presence. The segment is also expected to register the highest CAGR, driven by the expanding fish industry in the Asia-Pacific region.

By Source: The collagen market is categorized into bovine, porcine, fish, chicken, sheep, and other animal sources. The bovine segment is projected to dominate in 2022, owing to increasing global beef consumption and its associated health benefits, such as improved skin health, tendon reinforcement, bone loss prevention, and arthritis relief. The fish collagen segment, however, is expected to witness the highest growth rate during the forecast period, driven by rising fish production and expanding applications in the cosmetic industry.

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By Application: Collagen applications span food & beverage, pharmaceuticals, nutraceuticals, healthcare, cosmetics, and technical uses. The food & beverage segment is expected to account for the largest share in 2022, propelled by collagen's unique gelling and surface behavior properties. However, the nutraceuticals segment is anticipated to grow at the highest CAGR during the forecast period, driven by the increasing global use of nutraceuticals for weight management.

By Geography: In 2022, North America is expected to lead the global collagen market, supported by high consumption of cosmeceuticals and nutraceuticals, robust R&D activities, a well-established food and healthcare industry, and easy access to raw materials.

Conversely, the Asia-Pacific region is projected to experience the fastest growth, fueled by the increasing number of food manufacturers and a strong food processing industry, particularly in China and India. Additional factors contributing to this growth include a growing population, rising emphasis on nutrition and personal well-being, rapid industrialization, increasing personal care spending, and abundant availability of raw materials for collagen and gelatin.

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Key Players
Key players in the global collagen market include Rousselot (Netherlands), GELITA AG (Germany), Weishardt (France), Tessenderlo Group NV (Belgium), Nitta Gelatin Inc. (Japan), Lapi Gelatine S.p.a. (Italy), ITALGEL S.r.l. (Italy), Ewald-Gelatine GmbH (Germany), REINERT GRUPPE Ingredients GmbH (Germany), Trobas Gelatine B.V. (Netherlands), Gelnex (Brazil), Juncà Gelatines SL (Spain), HolistaCollTech Ltd. (Australia), Collagen Solutions Plc (U.K.), and Advanced BioMatrix, Inc. (U.S.).

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