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Collagen Market size to exceed $6bn 2026

Published Date: May 19, 2020    Authors: Kunal Ahuja, Sonal Singh

Collagen Market is set to surpass USD 6 Billion by 2026, according to a new research report by Global Market Insights, Inc.
 

Collagen forms the key structural protein in different connective tissues in body. Collagen constitutes 25% to 35% of body protein and found in fibrous tissue including skin, tendons and ligaments. Collagen is being widely used in cosmetic surgeries, along with wound care for burn patients for the reconstruction of bone as well as wide variety of dental, orthopedic, and surgical purposes. Widespread application scope of bovine collagen as dermal fillers for treatment of wrinkles and skin aging will subsequently drive overall collagen industry growth.

 

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Changing consumer preferences towards collagen food and nutraceutical products due to varied nutritional benefits including protein, and vitamins will stimulate market development. Rapid research and development of sustainable and efficacious cosmetic products has led to the marine collagen-based formulations utilization as promising alternatives.
 

Growth in sourcing of Marine Collagen will foster industry profitability

Collagen market by marine source collectively accounted for nearly USD 1 Billion in 2019 and is expected to register over 8% CAGR through 2026. Marine collagen is widely sourced from fresh and saltwater fish skin and scales since they contain abundant protein which aids in wound healing and key role in tissue building.
 

Collagen raw materials include porcine skin, bovine skin and bones are generally used to produce gelatin, which is the hydrolyzed form of collagen on commercial scale. Collagen produced from fish constitute high bioavailability and is 1.5 times absorbed more efficiently in the body owing to its low molecule size and weight. Marine collagen also witnesses extreme demand in healthcare applications such as in treatment of various chronic diseases including infections, hypertension, cancer, and Alzheimer’s. Suring demand for fish collagen among manufacturers for the production of pharmaceuticals, food supplements, and cosmetics owing to aforementioned factors will drive collagen market growth.
 

Browse key industry insights spread across 210 pages with 196 market data tables and 22 figures & charts from the report, “Collagen Market Analysis By Source (Bovine, Porcine, Marine), By Product (Gelatin, Peptides), By Dosage Form (Powder, Liquid, Capsule), By 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, Competitive Market Share & Forecast, 2015 – 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/collagen-market
 

Rising prevalence of chronic diseases will augment the global market size

“According to market analysis and trends, Collagen in liquid form is expected to achieve over 5.5% CAGR from 2020 to 2026.”
 

Collagen market size from liquid form surpassed USD 1 Billion in 2019. Collagen based drinks work as substitute for wrinkle fillers and lip injections. Many industries such as cosmetic and healthcare are offering collagen-based drinks to improve and enhance skin appearance, strength abundance, resilience and elasticity. Growth in cosmetic sector globally has enhanced the penetration and use of collagen-based drinks to help neutralize the skin.
 

European market is forecast to exceed USD 809 Million by 2026 due to rising demand for skincare and beauty cosmetics in this region

Europe collagen market exceeded 130 Kilo Tons in 2019 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. Moreover, collagen also finds increased demand in the beauty drinks application in Europe. For instance, various beverages are being manufactured with collagen-based products composition, which enhance skin and nail quality.
 

Industry manufacturers are involved in various strategic partnerships, innovations, acquisitions & mergers, and existing capacity enlargements and development of novel products to improve their market share. Key product manufacturers in collagen market are Rousselot International, Gelita AG, Nitta Gelatin, Amicogen Inc, ChinaTech Peptide Co. Ltd., Norland Products Inc., PB Gelatins, ITALGELATINE S.p.A, Weishardt Group.
 

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