Collagen (Gelatin and Collagen Peptide) Market Worth $5.6 Billion by 2025-Meticulous Research
Pune, Maharashtra, March 3, 2020 (Wired Release) Meticulous Market Research leading global market research company published a research report titled Collagen Market by Product (Gelatine and Collagen Peptide), Source (Porcine, Bovine, Marine, Chicken, Sheep), Application (Food and Beverages, Pharmaceuticals, Nutraceuticals, Cosmetics, Healthcare), and Geography Global Forecast to 2025.
According to this latest publication from Meticulous Research, the global collagen market is expected to grow at a CAGR of 6.8% from 2019 to reach $5.6 billion by 2025. The global collagen market is majorly driven by the growing use of collagen in food industries, growing inclination towards protein consumption and nutricosmetics, increasing applications in healthcare, and growing use of collagen-based biomaterials. In addition, the rise in per capita income and growing food processing industry across emerging economies provides significant opportunities to the collagen manufacturers. However, factors such as safety concerns, religious constraints, and the growing use of alternatives are restraining the growth of this market to some extent.
The global collagen market study presents historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2025 by product (gelatin and collagen peptide), source (porcine, bovine, marine, chicken, sheep, and others), and application (food and beverages, pharmaceuticals, nutraceuticals, cosmetics, healthcare, and technical). The study also evaluates industry competitors and analyses the market at a country level.
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Based on product, the overall collagen market is segmented into gelatin and collagen peptide. Gelatin is expected to hold the largest share of the overall collagen market in 2019. The large share of this segment is mainly attributed to increased demand from food and pharmaceutical industries, owing to its outstanding stabilizing features and binding characteristics. The nutritional gummies, chewable soft capsules, and enteric capsules are the recent trends in pharma drug deliveries where mass volume of gelatin is being used. Growing inclination towards the protein consumption among the general population and rising consumption of bakery products across the globe has sparked the gelatin market in recent years.
Based on source, overall collagen market is segmented into bovine, porcine, marine, chicken, and sheep. Porcine skin continues to be the most favored source of collagen as the large amount of pork being consumed across the globe that results in the abundance availability of raw material for the collagen manufacturing. Apart from the abundant availability, the characteristics of pork collagen like similarity to human collagen make it widely acceptable. The pig collagen is also known to have negligible allergic response to human body. Apart from food processing, pork collagen has wide range of application in the tendon reinforcement, hernia repair, skin and wound healing, and plastic and reconstructive surgery, making it one of the widely used and accepted collagens.
Based on application, the overall collagen market is segmented into six major segments, namely food and beverages, pharmaceuticals, nutraceuticals, healthcare, cosmetics, and technical. The food and beverages segment is estimated to account for the largest share of the overall collagen market in 2019. The large share of this segment is attributed to its unique properties. These properties are usually categorized into two groups: First, the properties associated with its gelling behavior such as texturizing, thickening, gel formation, and water binding capacity and second, the properties related to their surface behavior, which include emulsion, foam formation, stabilization, adhesion and cohesion, protective colloid function, and film-forming capacity.
This research report analyzes major geographies and provides a comprehensive analysis of North America, Europe, Asia-Pacific, Latin America, Africa, and the Middle East. North America is estimated to account for the largest share of the overall collagen market in 2019, mainly attributed to the huge consumption of cosmeceuticals and nutraceuticals, rise in research and development activities, well established food and healthcare industry, and easy availability of raw materials.
The key players operating in the globalcollagen marketare Rousselot (The 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 GROUP Ingredients GmbH (Germany), Trobas Gelatine B.V. (The Netherlands), GELNEX (Brazil), Junc Gelatines SL (Spain), Holista CollTech 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 product, source, application, and countries?
What is the historical market for collagen across the globe?
What are the market forecasts and estimates from the period 2019-2025?
What are the major drivers, restraints, opportunities, and challenges in the global collagen market?
Who are the major players in the global collagen 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?
What are the recent developments in the global collagen market?
What are the different strategies adopted by the major players in the global collagen market?
What are the geographic trends and high growth countries?
global Who are the local emerging players in the collagen market and how do they compete with the other players?
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