Press release
Pro Collagen Ingredient Market to Achieve USD 809.8 Million by 2034 as Cosmetic Sector Flourishes
The global pro collagen ingredient market is projected to reach USD 309.2 million in 2024, with strong growth anticipated over the next decade. Market analysis predicts a 7.8% CAGR, driving sales to an estimated USD 809.8 million by 2034.Hyaluronic acid remains the most popular pro-collagen ingredient on the market. This is due to its increasing usage in several skin care products. The target segment is set to total revenue of USD 242.9 million by 2034.
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Several factors are expected to drive demand for pro-collagen ingredients during the next decade. These include rising emphasis on beauty and wellness and growing usage of pro collagen ingredients in diverse industries, especially cosmetic and personal care.
Pro collagen ingredients have become a cornerstone of the ever-evolving beauty and skincare industry. This can be attributed to their efficacy, adaptability, and the heightened awareness among consumers of their ability to cater to a diverse range of skincare concerns.
Pro collagen ingredients are increasingly used in skincare and cosmetics, dietary supplements, sports & fitness products, and nutritional beverages. This is due to their exceptional properties, versatility, and effectiveness.
Hyaluronic acid, in particular, is gaining widespread preference due to its ability to retain moisture, provide deep hydration, and reduce fine lines & wrinkles. Its compatibility with all skin types, non-irritating nature, and the synergy it forms with other pro-collagen ingredients like vitamin C and retinol have made it a beloved choice for skincare enthusiasts.
Increasing awareness of the benefits of pro collagen ingredients, their versatility in product formulations, and the ability to address various skin care concerns are expected to boost the market. As consumers seek natural, effective, and sustainable solutions for their skincare needs, pro-collagen ingredients continue to be at the forefront of this evolving industry.
There is a significant market opportunity for pro-collagen ingredients in developing nations because of the growing demand for premium ingredients. Further, rising awareness of the numerous benefits offered by these ingredients also plays a pivotal role in their growth.
Consumers, aware about the advantages of pro-collagen ingredients, are seeking products containing these elements. This will play a key role in boosting growth of the pro collagen ingredient market.
Key Takeaways from the Pro Collagen Ingredients Report:
The global pro-collagen ingredient marketis expected to reach US$ 309.2 million in 2034.
Based on product type, the hyaluronic acid segment is set to total US$ 242.9 million by 2034.
By end-use, the cosmetic and personal care products segment will likely generate market revenue worth US$ 323.9 million by 2034.
North America is set to hold a global market share of 2% by 2034.
Sales in the United States are estimated to total US$ 241.1 million by 2034.
India is anticipated to register a CAGR of 5% from 2024 to 2034.
"Pioneers in the pro collagen ingredient industry like BASF are playing a huge role in creating an awareness of the potential benefits of different ingredients, leading to their high usage in multiple sectors. This is expected to foster sales growth during the forecast period." - says a lead analyst at Future Market Insights (FMI).
Who is Winning?
BASF, DSM Nutritional Products, Croda International, Ashland, Solvay, Givaudan, Roquett, Kobo Products Inc., Lucas Meyer Cosmetics, Seppic, Greentech, Lipotec, Lonza Group, TRI-K Industries, Lucas Meyer Cosmetics, Bio-Nest Biochemical Technologies, Selleck Chemicals are key pro collagen ingredients manufacturers profiled in the report.
Leading players are focusing on developing new pro-collagen ingredients from sustainable sources. They are also working to educate consumers about the advantages of substances like retinol, vitamin C, and hyaluronic acid.
Recent Development:
In 2020, BASF's Care Creation introduced new skincare active ingredients, including Hydagan Aquaporin, Inolixir, and Hydrasensyl Glucan.
Get More Valuable Insights
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global pro collagen ingredient market, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.
The study incorporates compelling insights on the pro-collagen ingredient industry based on ingredient type (peptides, hyaluronic acid, vitamin C, retinol (vitamin A), vitamin E, niacinamide (vitamin B3), and others (elastin, BHAs, ceramides)), and end-use (dietary supplements, cosmetic and personal care products, sports and fitness products, nutritional beverages) across various regions.
Full Market Assessment: Comprehensive Report. https://www.futuremarketinsights.com/reports/pro-collagen-ingredient-market
Global Pro Collagen Ingredient Market Segmentation
By Ingredient Type:
Peptides
Hyaluronic Acid
Vitamin C
Retinol (Vitamin A)
Vitamin E
Niacinamide (Vitamin B3)
Others (Elastin, BHAs, Ceramides)
By End-use:
Dietary Supplements
Cosmetic and Personal Care Products
Sports and Fitness Products
Nutritional Beverages
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa
Explore FMI's Related Ongoing Coverage on Food and Beverage Industry
Collagen Peptide Industry: https://www.futuremarketinsights.com/reports/collagen-peptide-market
Collagen Drinks Market: https://www.futuremarketinsights.com/reports/collagen-drinks-market
Collagen Water Market: https://www.futuremarketinsights.com/reports/collagen-water-market
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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