According to the new market research report "Collagen
Market by Product Type (Gelatin, Hydrolyzed Collagen, and Native Collagen),
Source, Application (Food & Beverages, Pharmaceutical & Healthcare),
and Region (North America, Europe, Asia Pacific, and Row) - Global Forecast to
2023", published by MarketsandMarkets™, the Collagen Market is
estimated to account for nearly USD 3.5 billion in 2018 and is projected to
reach a value of nearly USD 4.6 billion by 2023, growing at a CAGR of 5.2% from
2018. This is due to the increasing use of collagen and collagen proteins in
the medical and pharmaceutical industries. Increase in demand for collagen and
collagen products in the food & beverage and cosmetic industry has
encouraged manufacturers to provide better protein-based products, which in
turn, has contributed to the market growth.
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By product type, the
gelatin segment is estimated to account for the largest share in the collagen market.
Gelatin is widely used in foods to improve elasticity,
consistency and stability. It also helps to normalize gut hormones in obese
people. Thus, due to rising health awareness, gelatin is being preferred by
food manufacturers to produce nutritious food products. Gelatin is increasingly
used in the food & beverage industry to make gummy candies, puddings, confectionery,
and gelatin desserts.
Browse in-depth TOC
on "Collagen Market"
95 – Tables
34 – Figures
125 – Pages
The collagen market
is witnessing a strong growth due to the increasing use in the food &
beverage industry.
Collagen in the form of gelatin is high in protein,
fat-free, cholesterol-free, and low in calories, which makes it a
label-friendly ingredient that consumers know and trust. It is a key functional
ingredient in many food products. It is also an important component in
confectionery items such as marshmallows, gummy candy, and fruit snacks. The
dairy industry makes extensive use of gelatin in the manufacture of sour cream,
yogurt, ice cream, cheese, and specialty desserts, while meat processors depend
on the binding properties of gelatin for the production of specialty meats,
pates, and luncheon meats. Thus, these factors are projected to drive the
collagen market.
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Europe is estimated to
dominate the collagen market.
Europe is estimated to account for the largest market share
in the collagen market. The region has witnessed many collagen-infused drinks
launched by the manufacturers, such as cappuccino collagen and soy collagen.
They are either marketed as components of protein blends or in combination with
fruits. The rising usage of collagen in wide varieties of food items and beverages
along with the changing consumer preferences are accelerating the market
growth. Moreover, the preference for minimally invasive or non-invasive
technologies and the increasing use of collagen by biomedical industries in the
developed countries are further driving the market growth.
This report includes a study of marketing and development
strategies, along with the product portfolios of the leading companies in the
collagen market. It includes the profiles of the leading companies such as
Gelita AG (Germany), Nitta Gelatine, Inc. (US), Weishardt Group (France),
Darling Ingredients (US), Nippi Inc. (Japan), Vinh Hoan Corporation (Vietnam),
Juncà Gelatines, S.L.(Spain), Lapi Gelatine S.p.a. (Italy), Gelnex (Brazil),
Vital Proteins (US), Baotou Dongbao Bio-Tech Co., Ltd. (China), RABJ Co., Ltd
(Japan), Connoils (US), Nutra Food Ingredients (US), and Italgelatine S.P.A
(Italy).
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