Collagen Market size to exceed $6.34bn by 2027

Collagen market size is set to surpass USD 6.34 billion by 2027, according to a new research report by Global Market Insights, Inc.
 

Collagen is one of the key source of protein in the human body that binds tissues and cells together and helps in maintaining the body’s integrity, strength and shape. The decline of collagen levels in human body adversely affects general health and wellbeing, thus there has been increase in demand for collagen-based products. Collagen is derived from various animal sources, including bovine, porcine, ovine, marine and poultry. Increasing consumer focus on health and performance nutrition is driving the collagen-based products in various applications including nutraceutical supplements, cosmetics, food & beverage, and medical products.

 

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Collagen is being widely used in cosmetic and medical applications as bioavailable bonding material. The revitalizing and renewing properties of collagen is driving its demand from skincare products. Furthermore, medical application is expected to surface lucrative growth opportunity with increasing R&D activities in the field of artificial organs using biomaterials like collagen.
 

Higher bioavailability and higher sustainability of marine based collagen will foster industry outlook

Collagen market from marine source was valued at over USD 1,010 million in 2020 and is expected to register over 9% CAGR through 2027 owing to higher bioavailability and higher sustainability compared to peer products such as bovine collagen. Furthermore, marine collagen is considered a safer collagen source than bovine collagen thus driving its demand in applications such as nutraceutical and food & beverages.
 

Increasing utilization of liquid collagen in healthcare sector will augment the collagen industry landscape

Collagen market from liquid form exceeded USD 1,075 million in 2020. Collagen liquid drinks are used as alternative for lip injections and wrinkle fillers. Collagen liquid are used in healthcare and cosmetics industries for various applications owing to its health benefits such as enhance skin appearance along with improved resilience, strength abundance and elasticity. Rapid growth of cosmetics industry across the globe driven by increasing consumer spending and changing consumer preference will augment use of collagen-based products in skincare and hair care applications.
 

Browse key industry insights spread across 210 pages with 196 market data tables and 22 figures & charts from the report, “Collagen Market Forecasts By Source (Bovine, Porcine, Marine), Product (Gelatin, Peptides), Dosage Form (Powder, Liquid, Capsule), Application (Food & Beverage {Snacks & Cereals, Dairy products, Bakery & Confectionery}, Nutraceuticals {Dietary Supplements, Functional Food}, Personal Care & Cosmetics {Skincare, Haircare}, Pharmaceuticals {Orthopedic, Dental, Wound Care}, Industry Analysis Report, Regional Outlook, Application Potential, , Covid-19 Impact Analysis, Price Trend, Competitive Market & Forecast, 2021 – 2027in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/collagen-market
 

“European collagen industry is forecast to exceed USD 810 Million by 2027 due to rising demand for skincare and beauty cosmetics.”

Europe collagen market exceeded 125 Kilo Tons in 2020 and is anticipated to be the most potential region for the product growth. Increasing demands for skin-rejuvenating products will drive the European market size for Collagen. Collagen beauty products enhance skin elasticity and strength, thereby lowering flakes and restore suppleness. Collagen is utilized in production of face masks, creams, serums, and other skin reviving products.
 

Growing skincare and beauty cosmetics industry in Europe to boost the market expansion

Market participants adopt various strategic initiatives such as R&D, partnerships, acquisitions & mergers, capacity expansion, novel product developments and launces to enhance company market share. Key product manufacturers in collagen market are Gelita AG, Nitta Gelatin, Rousselot International, ChinaTech Peptide Co. Ltd., Amicogen Inc, PB Gelatins, Norland Products Inc., Weishardt Group and ITALGELATINE S.p.A.
 

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