Collagen Market SWOT Analysis and Key Growth technologies, Demands and Forecast till 2028

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.

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Analysis of the Top Market Players:

1. GELITA AG
2. Gelnex
3. Lapi Gelatine S.p.a
4. Ewald-Gelatine GmbH
5. RABJ.CO., LTD
6. Vinh Hoan Corporation
7. Weishardt
8. Protein S.A.
9. Nippi Inc.
10. Nitta Gelatin Inc.

In this report, the market has been segmented on the basis of:

Source (Bovine, Porcine, Marine, Plant-based/Vegan, and Others)
Product Type (Gelatin, Hydrolyzed Collagen, and Native Collagen)
Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care, and Others)

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.

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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.

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