collagen Market

The collagen market was valued at US$ 4,120.19 million in 2021 and is projected to reach US$ 7,205.03 million by 2028. It is expected to grow at a CAGR of 8.3% from 2021 to 2028. 

Collagen is a structural protein that is abundant in humans and animals such as bovine, porcine, poultry, and marine animals. In humans, collagen makes up about 30% of the body's total protein and provides support to bones and tissues. It also plays a vital role in healing the skin, improving its texture, strengthening hair, increasing bone mineral density (BMD), and reducing joint pain. As individuals age, the body produces less collagen, resulting in issues like brittle bones, wrinkles, hair thinning, and reduced elasticity. To address this, people often consume collagen supplements or collagen-rich foods and beverages to increase collagen levels in their bodies. Collagen supplements are also used to treat osteoporosis, which commonly affects individuals over the age of 50, particularly women during the postmenopausal period, making bones weak and prone to fractures. By increasing the body's bone mineral density (BMD) levels, collagen supplements help strengthen bones. Moreover, collagen finds wide applications in the personal care industry, primarily in skincare products that provide anti-aging benefits. Given its numerous applications across food and beverage, pharmaceuticals and nutraceuticals, personal care, and other industries, the demand for collagen is expected to rise significantly, driving market growth.

The collagen market based on product type is segmented into gelatin, hydrolyzed collagen, and native collagen. The gelatin segment accounted for the largest market share in 2020. Gelatin is the denatured form of collagen. It is obtained from animal byproducts such as skin, bones, hides, tendons, and cartilage of cattle, pigs, or marine animals. Gelatin is either available in powder form or is pressed into sheets. Gelatin is widely used as a gelling agent, stabilizer, and thickening agent in various foods and beverages. There are vegetarian alternatives of gelatin such as pectin, xanthan gum, guar, and gum, but they do not resemble the properties of gelatin. Gelatin is also used in making anti-aging creams and lotions attributed to its skin-nourishing properties. Thus, the growing utilization of gelatin for a wide range of applications is driving the growth of the segment.

The collagen market is segmented by region into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America (SAM). In 2020, Europe held the largest share of the global collagen market, while Asia Pacific is expected to grow at the fastest rate during the forecast period. The changing lifestyle preferences in Europe have had a significant impact on the collagen market. Consumers are increasingly seeking products that provide functional benefits and the demand for collagen products continues to rise. The presence of major collagen manufacturers in Europe, such as Gelita AG, Protein S.A., and Ewald-Gelatin GmbH, is driving the growth of the collagen market. Additionally, the growing awareness related to animal protection and the rise of veganism has made Europeans highly reluctant to consume animal-derived products. As a result, collagen manufacturers are developing plant-based or vegan-friendly collagen to meet the evolving consumer trends, which is expected to create new growth opportunities for the collagen market in Europe in the upcoming years.

The leading players in the collagen market include Gelita AG; Gelnex; Junca Gelatines, S.L; Lapi Gelatine S.p.A; Nippi Inc.; Nitta Gelatin, Inc.; Nutra Food Ingredients; RABJ Co., Ltd.; Vihn Hoan Corporation; and Weishardt.

To determine the size of the global collagen market, both primary and secondary research methods have been employed. The research process began with thorough secondary research using both internal and external sources to gather qualitative and quantitative data related to the market. Furthermore, multiple primary interviews were conducted with industry experts including VPs, business development managers, market intelligence managers, national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specialized in the collagen market. These interviews were aimed at validating the collected data and obtaining further analytical insights into the market.