Press release
Hydrolyzed Collagen Market Types and Applications, Industry Drivers, Future Demand, Challenges, Top Companies & Forecast 2028
The Hydrolyzed Collagen Market was valued at US$ 946.43 million in 2022 and is projected to reach US$ 1,322.60 million by 2028; it is expected to register a CAGR of 5.7% from 2022 to 2028.Various end-use industries are adopting business expansion strategies and scaling production capacity to provide better customer satisfaction. For instance, in July 2020, Rousselot and Giusto Faravelli announced a distribution partnership in Italy, effective from October 2020. Under this partnership, Faravelli distributes food and pharmaceutical gelatins, hydrolyzed collagens, and biomedical gelatins across Italy. Thus, expanding businesses to other regions or countries to cater to the increasing demand by consumers drives the market growth. Such development strategies by hydrolyzed collagen manufacturers extend their reach and gain a competitive edge in international markets.
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Analysis of the Top Market Players:
1. Ewald-Gelatine GmbH
2. GELITA AG
3. Rousselot BV
4. Nitta Gelatin Inc.
5. Protein SA
6. ConnOils LLC
7. Norland Products Inc.
8. Tessenderlo Group NV
9. Titan Biotech Ltd.
10. Viscofan DE GmbH
In this report, the market has been segmented on the basis of:
Source (Bovine, Porcine, Poultry, Marine, and Others)
Application (Food and Beverages, Pharmaceuticals and Nutraceuticals, Personal Care, and Others)
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Based on source, the hydrolyzed collagen market is divided into bovine, porcine, poultry, marine, and others. The bovine hydrolyzed collagen segment accounted for the largest share of the market in 2022, and the marine hydrolyzed collagen segment is expected to register the highest CAGR during the forecast period. Hydrolyzed marine collagen is mainly obtained from different fish varieties, jellyfish, and sponges. It helps improve cartilage and skin health. In cell culture, marine collagen enhances collagen quality. it helps develop bone mineral density and toughness. Optimal dietary protein intake beneficially influences weight management, muscle repair, lean body mass, and immune function, among other benefits. Hydrolyzed collagen extraction from traditional sources such as bovine and porcine involves limitations due to health problems such as swine flu and bovine spongiform encephalopathy. Thus, the demand for marine-sourced hydrolyzed collagen is increasing as a substitute for bovine and porcine. Hence, driving the hydrolyzed collagen market growth.
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