Southeast Asia Collagen Market Projected to Reach $194.3 Million by 2030

Meticulous Research®, a global market research leader, recently published a report titled, "Southeast Asia Collagen Market by Type (Gelatin, Collagen Peptide, Native Collagen, Synthetic Collagen), Source (Bovine, Porcine, Fish, Chicken), Application (Food & Beverages, Pharmaceuticals, Nutraceuticals, Healthcare, Cosmetics) - Forecast to 2030."

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The report projects the Southeast Asia collagen market to grow at a CAGR of 7%, reaching $194.3 million by 2030. Key factors driving this growth include the expanding use of collagen in the food industry, increased demand for protein-based and nutricosmetic products, applications in healthcare, and the adoption of collagen-based biomaterials. Additionally, the growth of the food processing sector in the region offers significant opportunities for market players. However, challenges such as religious restrictions and the rise of alternative products may limit market expansion, with advancements in processing technology being a critical focus area.

Leading Players
Prominent companies in the Southeast Asia collagen market include Rousselot (Netherlands), GELITA AG (Germany), Weishardt (France), Tessenderlo Group NV (Belgium), Nitta Gelatin Inc. (Japan), ITALGEL S.r.l. (Italy), Holista Colltech Limited (Australia), Collagen Solutions (US), Gelnex (Brazil), Advanced BioMatrix, Inc. (US), Hangzhou Nutrition Biotechnology Co., Ltd. (China), Foodmate Co., Ltd. (China), Trobas Gelatine B.V. (Netherlands), and Jiangxi Cosen Biochemical Co., Ltd. (China).

The study includes historical data from 2021 and 2022, estimates for 2023, and projections through 2030, with segmentation by type, source, application, and country.

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Market Breakdown
By Type: Segments include gelatin, collagen peptide, native collagen, and synthetic collagen. Gelatin is expected to hold the largest market share in 2023, driven by demand in food and pharmaceuticals due to its stabilizing and binding properties, particularly in products like nutritional and soft capsules. Gelatin's expanding role in photography, nutraceuticals, and cosmeceuticals further supports its leading position, with anticipated strong CAGR growth.

By Source: The bovine collagen segment is projected to dominate, driven by its health benefits, including skin health, tendon support, and bone strength. However, fish collagen is expected to grow significantly due to rising pisciculture, consumer preference for high-protein diets, and benefits such as skin hydration and elasticity improvement.

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By Application: The food & beverages segment is expected to lead, with collagen's unique properties enhancing texture and moisture retention in various products. Collagen's growing role in nutraceuticals is expected to drive notable growth in this segment due to its benefits for weight management and preventive health.

By Country: In 2023, Indonesia is projected to hold the largest market share, attributed to its rapidly growing food & beverage industry, rising incomes, urbanization, and consumer awareness of healthy products.

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The expanding cosmetics and personal care sectors, along with the livestock and meat processing industries, further fuel collagen demand in the country.

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