Global Collagen Market Size, Share, Demands, Key Players and Forecasts to 2030

Several macroeconomic and microeconomic elements that are present in a few powerful nations throughout the world have an impact on the Collagen Market. This could significantly drive the market during the projection period regarding value sales. The demand for collagen is influenced considerably by growing consumer knowledge of the health advantages provided by collagen. Therefore,, the global collagen market size is estimated to be valued at USD 4.7 Billion in 2022 and is projected to reach USD 7.2 Billion by 2030, recording a CAGR of 5.3% during the forecast period in terms of value. The collagen market is segmented by product type application and source type. So depending on the source,   Bovine collagen has a low molecular weight, a high protein concentration, and is highly water soluble. As a result, manufacturers are using more of it in the food and beverage sector to provide consumers with more nutrient-dense goods. In stores nowadays, bovine collagen supplements made from cow hides are widely available. Various bovine collagen is available from major companies, including Darling Ingredients (US), Gelita AG (Germany), Nitta Gelatin N.Inc. (Japan), and others under their product portfolio.

Depending on the application collagen has a wide range of applications in the medical & pharmaceutical sectors due to its ability to reconstruct bone. Biotechnological advancements have discovered the utilisation and incorporation of collagen in pharmaceutical applications as bioactive compounds or functional biomaterials. The main applications of collagen as drug delivery systems are collagen shields in ophthalmology, sponges for burns/wounds, mini-pellets and tablets for protein delivery, gel formulation in combination with liposomes for sustained drug delivery, as controlling material for transdermal delivery, and nanoparticles for gene delivery and fundamental matrices for cell culture systems. Depending on product, collagen market is set to propel the market. Because collagen can rebuild bone, it has several uses in the medical and pharmaceutical industries. As a result of biotechnological developments, collagen can now be used as functional biomaterials or bioactive substances in pharmaceutical applications. Collagen is used as a drug delivery system primarily in collagen shields in ophthalmology, sponges for burns and wounds, mini-pellets and tablets for protein delivery, gel formulation in combination with liposomes for sustained drug delivery, as a controlling material for transdermal delivery, nanoparticles for gene delivery, and basic matrices for cell culture systems.

The Asia Pacific is the fastest growing market as the collagen market has been driven by the rising demand for collagen as a significant component in numerous applications, including dietary supplements, culinary additives, drinks, and meat products. The market of the Asia Pacific is in the emerging stage with the presence of key players, including Nitta Gelina Inc. (Japan), Nippi Collagen NA (Japan), Titan Biotech Ltd. (India), and others. The market is also witnessing fierce competition due to local market players' entry. The Asia Pacific region has also seen multiple strategic initiatives key players take, including new product launches and investments to support market growth. For instance, in 2020, Nitta Gelatin NA (Japan) introduced Replenwell, a new line of collagen peptide ingredients, to its Wellnex portfolio. Hence, this region can pull the market attractiveness during the forecast period.

This study divides the collagen market into groups based on geography, source, application, product type, type, and shape. The competitive landscape, pricing insights, end-use analysis, and company profiles are some of the levels of analysis that this research report focuses on in terms of insights. These levels of analysis together comprise and discuss the fundamental views on the emerging & high-growth collagen market segments, high-growth regions, and nations, as well as industry trends, drivers, restraints, opportunities, and challenges.

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Research Coverage

This study divides the collagen market into groups based on geography, source, application, product type, type, and shape. The competitive landscape, pricing insights, end-use analysis, and company profiles are some of the levels of analysis that this research report focuses on in terms of insights. These levels of analysis together comprise and discuss the fundamental views on the emerging & high-growth collagen market segments, high-growth regions, and nations, as well as industry trends, drivers, restraints, opportunities, and challenges.