According to the latest report by IMARC Group, titled “Collagen Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The global collagen market size reached US$ 9.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.8% during 2023-2028.
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Collagen Market Overview:
Collagen is a crucial protein that occurs naturally in the extracellular matrix and various tissues of the body. It is a fibrous and tough protein that is formed by the combination of amino acids, such as glycine, proline, and hydroxyproline, which create protein fibrils within a triple-helix scaffold. It provides elasticity, strength, support, and structure to muscles, skin, bones, and connective tissues. It offers numerous health advantages, including enhancing skin elasticity and strength, promoting brain health, improving hair and nail growth, preventing bone loss, boosting muscle mass, and relieving joint pain. As a result, it is widely used in the production of several personal care and cosmetic products. Additionally, it finds application in the production of nerve tubes, ophthalmic shields, dental membranes, flowable scaffolds, bone graft substitutes, vascular closure devices, and plugs.
Global Collagen Market Trends:
The growing awareness of the health benefits of collagen supplementation is driving the global market. Moreover, the increasing prevalence of chronic disorders, such as scurvy, stickler, marfan, alport, ehlers-danlos, osteogenesis imperfecta, and systemic sclerosis among the masses is contributing to the demand across the globe.
Besides, the wide utilization of collagen in the food and beverage industry as a functional ingredient in various products, including protein bars, drinks, and snacks, is significantly supporting the market. Additionally, the extensive usage of collagen across various cosmetic and personal care products to hydrate skin and reduce wrinkles on account of its skin rejuvenation and beauty enhancement properties, acting as another growth-inducing factor. Furthermore, continual advancements in recombinant collagen technologies, are creating a positive market outlook.
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Key Market Segmentation:
Top Collagen Manufacturing Brands Worldwide :
• Advanced BioMatrix Inc.
• Collagen Solutions Plc (Rosen’s Diversified Inc.)
• Connoils LLC
• Croda International Plc
• Gelita AG
• ITALGELATINE S.p.A.
• Koninklijke DSM N.V.
• Lapi Gelatine S.p.a.
• Nippi Collagen NA Inc. (Nippi Inc)
• Nitta Gelatin NA Inc.
• Rousselot (Darling Ingredients)
• Tessenderlo Group
Breakup by Source:
Breakup by Product:
• Hydrolyzed Collagen
• Native Collagen
• Synthetic Collagen
Breakup by Application:
Food and Beverages:
• Functional Food
• Functional Beverages
• Dietary Supplements
• Meat Processing
• Bone and Joint Health Supplements
• Wound Dressing
• Tissue Regeneration
• Medical Implants
• Drug Delivery
• Beauty Supplements (Nutricosmetics)
• Topical Cosmetic Products
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
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This release was published on openPR.