Collagen Market is segmented by Product (Gelatin, Collagen Peptide, Native Collagen, Synthetic Collagen), Source (Porcine, Bovine, Chicken, Sheep, Other Sources), and Application (Food and Beverages, Pharmaceuticals, Nutraceuticals, Cosmetics, Healthcare) and Geography.
The Collagen Market is foreseen to grow at a CAGR of 6.9%, reaching a market size value of USD 7.63 billion during the forecast period of 2021-2028.
Collagen is a protein found in various connective tissues in your body. It is also present in your skin, muscles, bones and tendons. It is basically a substance that keeps the body together by providing strength and structure. Collagen Market has factors that drive its growth such as, the increasing application of collagen in food and pharmaceutical industries, growing interests of consumers towards protein consumption as well as nutricosmetics, increasing demand in healthcare, and collagen-based bio materials application in products. Additionally, high disposable income and the innovations in the food processing industry causes growth potential in the collagen market.
Impact of COVID-19 on the Collagen Market
Many industries will have to adapt to the changes that will be imposed upon them by their governments and adopt strategic ways to elevate their game in the market. Containing the widespread of the virus is a difficult challenge to all of the countries because many sectors will have to compromise and deal with the effects in the most advantageous way possible. A solid pull back on the growth of the collagen market is the disruption of supply chain since manufacturing and distribution of key players or companies are being limited, if not, controlled by governments through imposing lock downs and halting travels across borders.
The real challenge lies in the disruption in raw materials supply because it is negatively affecting manufacturers since travel, transport of raw materials, and non-essential trade has been put off in many countries. This in turn affected production, causing fewer volume of product sales. Collagen suppliers have also experienced repercussion because imports and exports in almost all countries have been restricted. The lock downs have caused a delay in the operations and facility shutdowns became a real challenge that these key players needed to face. Some raw materials needed for the production can only actually be acquired through importing and suppliers in turn, were having a hard time exporting these supplies due to border restrictions and hold up.
Positive Impact of the Pandemic
Aside from the negative effects brought about by COVID-19, there are positive outcomes as well. Several industries which utilizes collagen in their products were compelled to adopt best-practice models in their operations because consumers demand hygienic and healthy products for the prevention of diseases.
The pandemic made the consumers conscious about their health and always looking out on what they take in in their bodies--as a result, an unprecedented demand for better quality and healthy products are very much expected in the collagen market. Patients suffering from COVID-19 experienced a decrease in the number of their NK cells and T-cells but when collagen peptide is absorbed in their bodies, it showed a significant boost and improvement in the count of cells.
This market is rapidly growing due to the effects of the pandemic. Consumers’ preference on products with immunity-boosting properties are the most sought for. The growing health consciousness is one of the primary drivers of growth in this market so leading companies in the food and pharmaceutical industries tend to incorporate collagen in their manufactured products as part of a new business strategy.
Key Findings in the Global Collagen Market
The gelatin segment is expected to have the overall largest share in the market due to factors such as, the rising demand from food and pharmaceutical industries, collagen’s stabilizing and binding properties, recent trends in the application of collagen present in vitaminous gummies, soft capsules that are chewable and enteric capsules. Other growth drivers such as increasing usage of collagen in areas of nutraceuticals, cosmeceuticals and even in photography contributes to the market’s development.
In terms of source, this segment is further classified into, bovine, porcine, fish, chicken, sheep, and other sources. Bovine segment is projected to have the overall largest share accounted for in 2020; but the fish segment is anticipated to grow at the highest CAGR during the forecast period of 2021-2028. This is due to high demands in fish production and the rising growth of the cosmetics industry.
Regional Market Analysis
North America is projected to have the overall largest share in the collagen market in 2020 followed by the regions, Europe, Asia-Pacific, Latin America, Middle East and Africa. During the forecast period, Asia Pacific is anticipated to have the fastest growth. Factors of growth that drive this market are, increase in the number of food manufacturers, prevalence of food processing industry in China and India, increasing population, growing awareness on health and proper nutrition, industrialization, personal care prioritization, and abundance of collagen used in raw materials.
Key Players: Share and Competition
These players are known to have a strong product portfolio and has been adopting key strategies to improve the growth of the market. These leading companies in the collagen market are, Rousselot (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 GRUPPE Ingredients GmbH (Germany), TrobasGelatine B.V. (Netherlands), GELNEX (Brazil), JuncàGelatines SL (Spain), HolistaCollTech Ltd. (Australia), Collagen Solutions Plc (U.K.), and Advanced BioMatrix, Inc. (U.S.).
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2021 - 2028)
• Collagen Peptide
• Native Collagen
• Synthetic Collagen
Source Analysis (Revenue, USD Million, 2021 - 2028)
• Other Sources
Application Analysis (Revenue, USD Million, 2021 - 2028)
• Food and Beverage
• Meat and Fish Products
• Other Applications
• Hard Gel Capsules
• Soft Gel Capsules
• Sports Nutrition
• Weight Management
• Wound Dressing
• Tissue Regeneration
• Medical Implants
• Research (Cell Culture, Cell Behavior)
• Drug Delivery
• Technical Applications
Region Analysis (Revenue, USD Million, 2020 – 2028)
• United States
• United Kingdom
• South Korea
• Saudi Arabia
• Rest of World
• United States Collagen Industry Research Report
• Europe Collagen Industry Research Report
• Asia Pacific Collagen Industry Research Report
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