The global collagen market size was valued at USD 4.7 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2030. The main reasons propelling the growth of the worldwide collagen market are the rising use of collagen in the food sectors, rising interest in protein consumption nutricosmetics, rising applications in healthcare, and rising use of collagen-based biomaterials. Additionally, increasing per capita income and the burgeoning food processing sector provide collagen producers with tremendous growth prospects.
Based on source type, marine segment is forecasted to grow at the highest CAGR from 2022 to 2030. The demand for marine collagen has witnessed an uptick, especially in the cosmetics sector. There is immense scope for the usage of marine collagen in cosmetic products, as it offers a host of cosmetic and beauty benefits for the consumer. Marine collagen is used as an anti-aging formula to reduce wrinkles and uplift skin cells, as it can improve skin elasticity. Moreover, marine collagen, especially type I, has proven to be effective in the growth and maintenance of hair, nails, and teeth.
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Nutritional products was the largest application segment in the global market. A nutritional diet plays an important role in optimizing athletes' performance. Among all the dietary ingredients used in sports nutritional products, proteins are crucial as they increase consumers' stamina and energy level. Collagen plays an important role in these products, as it improves the performance of athletes by protecting their joints and connective tissues, aiding muscle restoration, muscular contraction, and weight management. It also helps to reduce the risk of injury.
Europe is the largest region in the global collagen market in the forecast period. The presence of major collagen manufacturers such as Tessenderlo Group (Belgium), GELITA AG (Germany), Lapi Gelatine S.p.a. (Italy), Weishardt Holding SA (France), among others, further drives the market in the region.
This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Tessenderlo Group (Belgium), GELITA AG (Germany), Holista Colltech (Australia), Darling Ingredients (US), Nitta Gelatin NA Inc. (Japan), Gelnex (Brazil), Lapi Gelatine S.p.a. (Italy), Weishardt Holding SA (France), Royal DSM N.V (The Netherlands), and Collagen Solutions LLC (UK).
