Global Collagen Market Size, Share, Growth Analysis, By Source(Bovine, Marine), By Product(Gelatin, Hydrolyzed collagen), By Application(Food and Beverage, Pharmaceuticals), By Form(Dry and Liquid), By Type(Type 1, Type 2) - Industry Forecast 2024-2031

Report ID: SQMIG30C2078 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 149 | Figures: 80

Global Collagen Market News

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Global Collagen market size was valued at USD 9.23 billion in 2022 and is poised to grow from USD 10.20 billion in 2023 to USD 22.67 billion by 2031, at a CAGR of 10.5% during the forecast period (2024-2031).

The global collagen market is highly competitive, with several key players operating in the market. The collagen market is highly fragmented, with several small and medium-sized players operating in the market. However, the market is expected to consolidate in the coming years, with larger players acquiring smaller ones to expand their product portfolios and strengthen their market positions. 'Rousselot', 'Nitta Gelatin Inc.', 'Gelita AG', 'Weishardt Group', 'Ewald-Gelatine GmbH', 'Lapi Gelatine S.p.A.', 'Norland Products Inc.', 'Juncà Gelatines S.L.', 'Gelnex Indústria e Comércio Ltda.', 'Italgelatine S.p.A.', 'Advanced BioMatrix, Inc.', 'Collagen Solutions Plc', 'Creative Enzymes', 'Nippi Inc.', 'Titan Biotech Ltd.', 'Trobas Gelatine B.V.', 'PB Gelatins GmbH', 'Hangzhou Nutrition Biotechnology Co., Ltd.', 'Sisco Research Laboratories Pvt. Ltd.', 'In March 2024, The Industry Transparency Center (ITC), a renowned global strategy and insights firm, has taken on the crucial role of supply chain transparency partner for Nutrify Today C Suite Sumflex 2024. This partnership signifies a major advancement in its global outreach efforts, particularly in India, as it continues its mission to promote transparency within the health ingredients and natural products sectors. ', 'In March 2024, UFC, the leading mixed martial arts organization worldwide, and Smith+Nephew, a global medical technology company, have revealed a multi-year marketing partnership. This collaboration will involve Smith+Nephew promoting its brand during prominent UFC Fight Nights and other UFC-owned assets. ', 'In October 2023, LBB Specialties (LBBS), a prominent distributor of specialty chemicals and ingredients in North America, has revealed a fresh collaboration with Viscofan DE, a renowned global provider in collagen manufacturing. Through this partnership, LBB Specialties will serve as Viscofan's preferred partner in the United States for their range of high-quality collagen hydrolysates, which includes COLLinstant® and COLLinstant LMW.'

There are several factors driving the market growth such as increasing applications in healthcare industry, several benefits offered by collages in food and beverages industry, increasing application of collagen in personal care, and rising arthritis prevalence across the globe.

Collagen is widely used in the food and beverage, cosmetics, and pharmaceutical industries due to its functional properties, such as gelling, emulsifying, and stabilizing. The increasing demand for natural and organic products is also driving the demand for collagen-based products.

The Asia Pacific region is anticipated to dominate the global market. This is attributed to the quick economic growth of important countries like China and India, which are predicted to boost the industry. A well-established meat processing business will probably raise the level of captive consumption output in local economies. Additionally, it is anticipated that throughout the course of the forecast period, demand for products will increase as surgical formulations and films based on collagen become more and more in demand. The market's second-largest regional sector is Europe. The production of patches for bone and tissue restoration using high-quality collagen is anticipated to fuel market expansion. Moreover, it is anticipated that the market would rise during the projected period due to the rising demand for purified collagen used in the production of collagen meat casings.

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Global Collagen Market Size, Share, Growth Analysis, By Source(Bovine, Marine), By Product(Gelatin, Hydrolyzed collagen), By Application(Food and Beverage, Pharmaceuticals), By Form(Dry and Liquid), By Type(Type 1, Type 2) - Industry Forecast 2024-2031

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