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Collagen Market Aims for Accelerated Growth: Insights into Market Size, Major Players, and Prominent Trends
Collagen Market
Owing to Rising Healthcare Sector and Advancing Research, the Global Collagen Market Anticipates a Boom Over the Next Few Years.
What Is The Projected Market Size Of The Global Collagen Market And Its Growth Rate?
The collagen market is witnessing robust growth and its trajectory is expected to continue due to various dominants factors including rise in demand for beauty products, escalating use in food and beverage industry, and growing relevance in the sports nutrition industry. The key indicators of the market are as follows:
• 2024 Market Size: $6.91 billion
• 2025 Market Size: $7.57 billion (9.4% CAGR)
• 2029 Market Size: $11.22 billion (10.4% CAGR)
Notably, factors such as aging population, rising healthcare sector, increasing disposable income, and ramped-up research and development efforts are anticipated to boost the market size at an impressive scale in the forecast period.
What Is Driving The Growth In The Collagen Market?
Increased prevalence of obesity is significantly contributing to the growth of the collagen market. Obesity, a serious medico-social problem associated with other health risks including heart disease and diabetes, leads to excessive body fat. Collagen supplements may be beneficial for weight management by increasing satiety and reducing caloric intake. Additionally, these supplements help suppress hunger hormone, ghrelin. For instance, a surging trend of obesity has been observed in developed countries worldwide, leading to widespread health-related disasters. As reported by the World Heart Federation in March 2023, an estimated 2.3 billion adults and children were globally afflicted with obesity or overweight conditions and the number is projected to rise to 2.7 billion by 2025. Therefore, with rapidly growing instances of obesity, the collagen market sees a promising future.
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Who Are the Key Players Driving Collagen Market Growth?
The global collagen market is driven by the following major companies:
• Gelita AG
• Nitta Gelatin Inc.
• Junca Gelatines SL
• Lapi Gelatine SPA
• Gelnex Gelatin
• Nippi Collagen North America Inc., and many others
What Are The Key Trends In The Collagen Market?
A number of trends have been observed in the collagen market including the rapid growth which is attributable to factors like aging population, rising healthcare sector, rising disposable income, as well as surge in research and development. Major trends identified in the forecast period comprise:
• Plant-based collagen
• Clean label products
• Personalized collagen supplement
• Digital health and apps
• Clinical validation
What Are The Segments Of The Global Collagen Market?
The global collagen market covers the following segments:
• By Product: Gelatin, Hydrolyzed Collagen, Native Collagen, Synthetic Collagen
• By Dosage: Powder, Liquid, Capsule
• By Source: Bovine, Porcine, Marine & Poultry
• By Application: Food, Health care, Nutraceuticals, Personal Care & Cosmetics
Which Region Leads The Collagen Market?
In 2024, North America captured the majority of the market share in the collagen market. Moreover, Asia-Pacific is estimated to showcase the fastest growth in the forecast period. The collagen market report covers key regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Collagen Market Global Market Report?
- Market Size Analysis: Analyze the Collagen Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Collagen Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Collagen Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Collagen Market .
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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