Published on 17 Sep 2020:

Meticulous Research – leading global market research company published a research report titled “Collagen Market by Product (Gelatin, Collagen Peptide, Native Collagen, Synthetic Collagen), Source (Porcine, Bovine, Chicken, Sheep), and Application (Food and Beverages, Pharmaceuticals, Nutraceuticals, Cosmetics, Healthcare) - Global Forecasts to 2027.

In terms of value, by 2027, the global collagen market is expected to grow at a CAGR of 6.9% to reach $7.53 billion. In terms of volume, the market is expected to grow at a CAGR of 5.1% to reach 683.8 KT by 2027. This market is majorly driven by factors such as the growing use of collagen in food industries, growing inclination towards protein consumption & nutricosmetics, and growing use of collagen-based biomaterials. Additionally, the rising per capita income and growing food processing industry provide significant growth opportunities for collagen manufacturers in the coming years. However, safety concerns and the growing use of alternatives are some of the factors restricting the growth of this market.

The global collagen market study presents historical market data in terms of value (2018 and 2019), estimated current data (2020), and forecasts for 2027. The market is segmented based on type, source, application, and geography. The study also evaluates industry competitors and analyses the market at the country level.

Check complete table of contents with a list of table and figures: https://www.meticulousresearch.com/product/collagen-market-5121/

Based on type, the global collagen market is mainly segmented into gelatin, collagen peptide, native collagen, and synthetic collagen. In 2020, the gelatin segment is estimated to command the largest share of the overall collagen market. This can be attributed to the increased demand from food & pharmaceutical industries, owing to its outstanding stabilizing features and binding characteristics.

Based on source, the global collagen market is segmented into bovine, porcine, fish, chicken, sheep, and other sources. In 2020, the bovine segment is estimated to command the largest share of the overall collagen market. The growing global beef consumption and its several health benefits, such as skin health, tendon reinforcement, bone loss prevention, and relief from arthritis are the factors driving the growth of this segment. However, the fish segment is expected to grow at the fastest CAGR during the forecast period.

Based on application, the global collagen market is mainly segmented into food and beverage, pharmaceuticals, nutraceuticals, healthcare, cosmetics, and technical applications. In 2020, the food and beverage segment is estimated to command the largest share of the overall collagen market. However, the nutraceuticals segment is expected to witness significant growth in the forecast period. The growing use of nutraceuticals for weight management is one of the major factors driving the growth of this segment.

Geographic Review:

In 2020, the North American region is estimated to command the largest share of the overall collagen market. Factors such as the huge consumption of cosmeceuticals & nutraceuticals, rising R&D activities, well-established food and healthcare industries, and easy availability of raw materials are driving the growth of this regional segment. However, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period.

Key Players:

The key players operating in the global collagen market are Rousselot (Netherlands), GELITA AG (Germany), Weishardt (France), Tessenderlo Group NV (Belgium), Nitta Gelatin Inc. (Japan), LAPI GELATINE S.p.a. (Italy), ITALGELATINE S.p.A. (Italy), Ewald-Gelatine GmbH (Germany), REINERT GRUPPE Ingredients GmbH (Germany), Trobas Gelatine B.V. (The Netherlands), GELNEX (Brazil), Juncà Gelatines SL (Spain), HolistaCollTech Ltd. (Australia), Collagen Solutions Plc (U.K.), and Advanced BioMatrix, Inc. (U.S.).

Key questions answered in the report-

  • Which are the high growth market segments in terms of type, source, application, and region?
  • What is the historical market for collagen across the globe?
  • What are the market forecasts and estimates for the period of 2020-2027?
  • What are the major drivers, restraints, opportunities, and challenges in the global collagen market?
  • Who are the major players in the global market, and what share of the market do they hold?
  • Who are the major players in various countries, and what share of the market do they hold?
  • How is the competitive landscape for the global collagen market?
  • What are the recent developments in the global collagen market?
  • What are the different strategies adopted by the major players in the market?
  • What are the key geographic trends, and which are the high growth countries?
  • Who are the local emerging players in the global collagen market and how do they compete with other players?

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