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Collagen Market Size
- Report ID: GMI206
- Published Date: Mar 2023
- Report Format: PDF
Collagen Market Size
Collagen Market size exceeded USD 4 billion in 2022 and is anticipated to grow at 8% CAGR from 2023 to 2032, owing to the escalating output from the food processing sector.
Collagen, which is the most abundant protein in the human body and animals, is being widely adopted in gelatin production. Gelatin has been gaining acceptance across the food industry for use as a major ingredient in desserts, candies, and other processed products. To cater the growing demand for processed food, the demand for gelatin is rising for its application as a food additives.
For example, the Indian MoFPI (Ministry of Food Processing Industries) implemented a Centrally Sponsored Scheme-PM Formalization of Micro Food Processing Enterprises from 2020-2021. This initiative was intended to provide technical, financial, and business support for the upgradation or setting up of 200,000 micro food processing enterprises. However, stringent regulations to limit animal abuse may limit gelatin adoption and consequently hinder the collagen market growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Collagen Market Size in 2022: | USD 4 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 8.4% |
| 2032 Value Projection: | USD 10 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 270 |
| Tables, Charts & Figures: | 218 |
| Segments covered: | Product, Source, Form, Application, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Collagen Market Scope
