Press release
Yeast-Derived Collagen Market: Industry Trends and Growth Potential
According to recent analysis, the global yeast-derived collagen market is expected to reach a value of USD 216.1 million in 2024. During the forecast period, sales are anticipated to grow at a CAGR of 8.2%, driving the market valuation to USD 470.9 million by 2034.Saccharomyces cerevisiae is anticipated to remain a preferred source for producing yeast-derived collagen. The target segment is poised to witness healthy growth during the forecast period, holding a market share of around 30.0% in 2024.
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Multiple factors are expected to stimulate the growth of the yeast-derived collagen industry over the projection period. These include
Rising demand for sustainable and animal-free collagen alternatives from food, pharmaceutical, and cosmetics & personal care industries
Shifting consumer preference toward vegan collagen products
Increasing research and development activities
Growing popularity of functional foods and beverages
Favorable government support
Yeast-derived collagen is becoming an ideal alternative to animal-derived collagen. It is bioavailable and suitable for human skin, which offers various advantages for skincare and personal care products.
Growing usage of yeast-derived collagen across industries like food, nutraceutical, pharmaceutical, and cosmetics and personal care is expected to boost the market. Similarly, rising awareness about the benefits of yeast-derived collagen will uplift market demand.
Yeast-derived collagens are produced without the need for animal slaughter. This is making them an attractive option for manufacturers and consumers concerned about animal welfare and sustainability.
Key manufacturers of yeast-derived collagen are working on new and innovative ingredients to improve the taste of collagen products. For instance, Modern Meadow recently developed recombinant protein from yeast to meet the growing consumer demand for plant-derived collagens.
Key Takeaways from the Report:
The global market for yeast-derived collagenis expected to reach a valuation of US$ 470.9 million by 2034.
Based on the source, the saccharomyces cerevisiae segment is estimated to hold a value share of 0% in 2024.
By form, the powder segment will likely account for 5% of the market in 2024.
The United States is projected to have a market valuation of US$ 64.8 million by 2034.
Demand across India is set to surge at a CAGR of 8.9% through 2034.
"Growing demand for sustainable, animal-free collagen alternatives is acting as a catalyst fueling the growth of the global yeast-derived collagen market. To capitalize on emerging opportunities, key players are focusing on developing innovative yeast-derived collagens." - says a lead analyst at Future Market Insights (FMI).
Who is Winning?
Leading yeast-derived collagen manufacturers listed in the report include ProColl Ltd., Modern Meadow, Jland Biotech, Cambrium, Created By, Geltor, and others. These companies are developing new products to meet growing end-user demand for animal-derived collagen alternatives.
Recent Development
In December 2022, Modern Meadow developed a new recombinant protein called Bio-Coll@gen from yeast.
Get More Valuable Insights
Future Market Insights (FMI) has released an objective assessment of the global yeast-derived collagen market, presenting past demand data from 2019 to 2022 and projecting forecast statistics for the 2024 to 2034 period. The study reveals growth projections based on source (saccharomyces cerevisiae, candida utilis, pichia pastoris, and others), form (powder and liquid), application (cosmetics and personal care, nutraceuticals, pharmaceuticals, and food industry), and region.
Download the full report for in-depth insights. https://www.futuremarketinsights.com/reports/yeast-derived-collagen-market
Yeast-Derived Collagen Market by Category
By Source:
Saccharomyces Cerevisiae
Candida Utilis
Pichia Pastoris
Others
By Form:
Powder
Liquid
By Application:
Cosmetics and Personal Care
Nutraceuticals
Pharmaceuticals
Food Industry
By Region:
North America
Latin America
Europe
East Asia
South Asia
Middle East & Africa
Have a Look at the Related Reports of the Food and Beverage Domain:
Collagen Peptide Industry: https://www.futuremarketinsights.com/reports/collagen-peptide-market
Collagen Hydrolysates Market: https://www.futuremarketinsights.com/reports/collagen-hydrolysates-market
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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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