According to the current analysis of Reports and Data, the global Collagen Supplements Market was valued at USD 3.92 Billion in 2019 and is expected to reach USD 6.15 billion by the year 2027, at a CAGR of 5.8%. It is the most abundant structural protein found naturally. It is an essential element in the body as it facilitates regeneration, healing, and tissue formation in organisms. The market is expected to witness significant growth due to the increasing adoption of collagen-based products owing it to their superior characteristics such as gelling, emulsification, and binding.
The report studies financial information gathered by extensive primary and secondary research to offer accurate market insights. The report also offers a holistic overview of the market share, market size, market revenue growth, and segments and sub-segments along with strategic recommendations to key market players and new entrants. The report also emphasizes nascent market segments and provides insights into the growth prospects and opportunities.
The report includes an extensive study of industry, strategic initiatives adopted by major companies, growth prospects, market position, and shares held by key participants to provide readers a comprehensive overview of the competitive landscape. The report also studies strategic initiatives undertaken by major companies in the market, including product launches, product innovation, and technological development, to strengthen their position in the market. It also studies notable business events, including collaborations, mergers and acquisitions, joint ventures, partnerships, and brand promotions.
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The report offers a thorough analysis of the regions with regards to production and consumption patterns, supply and demand dynamics, import/export, technological and product advancements, current and emerging trends, consumer demands, consumer behavior shifts, and presence of key market players in each region. The report also covers a comprehensive country-wise analysis to impart better understanding of the scope and growth of the market.
Industry Key Players:
Key participants include Matrix, Koninklijke DSM, Rousselot, CONNOILS, Advanced BioMatrix, among others
Market-O-Nomics:
- A growing population of obese individuals is likely to drive the market as a decreased level of Collagen Supplements is produced in the body of individuals suffering from obesity.
- Native Collagen Supplements is extensively used in cosmetic formulations as anti-aging and skin rejuvenating ingredients. This is expected to contribute significantly to the growth of the global market.
- The increasing health and medical issues and rising awareness regarding the same significantly support the market growth during the forecast period.
- Demand for hydrolyzed product is expected to rise due to rising application in surgeries, and bone grafting.
Further key findings from the report suggest:
- Demand for hydrolyzed Collagen Supplements is projected to rise owing it to its application in medical procedures such as bone grafting, tissue engineering, and dental surgeries.
- The Middle East and Africa is expected to witness lucrative growth at CAGR of 5.8% owing to the expansion of cosmetic industries in the region
- The food & beverages segment is anticipated to witness the highest CAGR of 6.1% during the forecast period. This is due to the improving lifestyle of people and growing application of Collagen Supplements in dietary supplements
- It has moisturizing effect anti-aging properties. Growing cosmetic industry is likely to support the market growth during the forecast period. Improved standard of living, increased demand for cosmetics by females as well as male is expected to drive the growth of this segment
- Asia Pacific is expected to account for 20% of the global Collagen Supplements market. This is due to the increasing demand for it from the food & beverage and healthcare industries in the region
- Cultural restrictions regarding the use of animal skin is a major factor that challenges the market growth
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Market Segmentation:
Source (Revenue, USD Million; 2017–2027)
- Bovine
- Porcine
- Poultry
- Marine
- Others
Product (Revenue, USD Million; 2017–2027)
- Gelatin
- Hydrolyzed collagen
- Native collagen
- Others
Application Type (Revenue, USD Million; 2017–2027)
- Food & Beverages
- Healthcare
- Cosmetics
- Others
Regional Outlook (Revenue in USD Million; 2017–2027)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of the Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
- Brazil
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