The 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" 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.
On the basis of product type, the gelatin segment is
estimated to dominate the collagen market in 2018. 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.
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 in 2018. 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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