The global Collagen market size is expected to be worth around US$ 7.4 billion by 2027, according to a new report by Vision Research Reports.
The global Collagen market size was valued at US$ 920.0 tons in 2019 and is anticipated to grow at a CAGR of 5.8% during forecast period 2020 to 2027.
Increasing end-use applications such as growing usage in the food and beverage industry along with an upsurge in demand from the cosmetics industry are anticipated to drive the demand.
The growth in the market can be attributed to the high demand for collagen in cosmetic surgeries and wound healing treatments. Increasing consumer spending capacities coupled with the popularity of skin surgeries has propelled product demand across the world.
Bovine, porcine, poultry and marine are the four main sources required for manufacturing collagen. Collagen from bovine source accounts for a substantial share of 35% as of 2019, as opposed to other sources, on account of the abundance of bovine sources and relatively lower price as compared to marine and porcine sources. Marine is superior to that of bovine or porcine sources, owing to its high absorption rate and bioavailability. However, the product obtained from marine costs relatively higher than from bovine and porcine, which is expected to restrain the growth of the segment.
Collagen from bovine source accounted for a substantial volume share of nearly 34% in 2019, due to the easy availability of bovine based raw material and comparatively lower prices than porcine and marine. However, concerns regarding the transfer of diseases such as bovine spongiform encephalopathy (BSE) to humans owing to the consumption of bovine are anticipated to restrain the growth of bovine-based collagen over the forecast period.
Marine-based sources are expected to witness the fastest growth over the forecast period, registering a revenue-based CAGR of 7%. Marine collagen is superior to that of bovine or porcine sources, owing to its high absorption rate and bioavailability. However, marine collagen costs relatively higher than bovine and porcine variants, which is expected to restrain segment growth.
The gelatin segment dominated the collagen market in 2019 owing to substantial demand for the product as a food stabilizer. The growth of the fishing industry in India and China has attracted gelatin manufacturers in the Asia Pacific to use fish as a raw material for gelatin production. Demand for gelatin in developing economies is also expected to be driven by lifestyle and dietary changes, leading to increased consumption of gelatin.
The market for hydrolyzed collagen is anticipated to register the fastest growth over the forecast period, backed by its increasing use in the healthcare sector for tissue repair and dental applications. Increasing efforts by companies to use hydrolyzed collagen in the treatment of bone-related disorders such as osteoarthritis have favored segment growth.
Key applications include food and beverages, healthcare, and cosmetics. Healthcare was the largest application segment in 2019 and is forecast to retain its dominant position over the forecast period, accounting for a 47% share of the market volume in 2027. The product is gaining popularity in the healthcare sector as a bone void filler owing to its ability to encourage bone development. Increasing demand for collagen sponges to carry proteins in bone repairing treatments is expected to drive segment growth over the forecast period.
The food and beverage segment is expected to register the highest growth over the forecast period owing to spurring demand for dietary supplements and functional food and beverages in North America and Europe. The rising popularity of the product as a cosmetic ingredient to prevent aging effects such as wrinkles is expected to open new market avenues by 2027.
The market for collagen in North America is expected to be driven by the growth of various end-user industries such as healthcare, cosmetics, and food and beverage. In addition, the market in the region is expected to be positively influenced by the rising preference for health drinks among consumers. The regional market is expected to benefit from the presence of a strong healthcare industry coupled with high public expenditure on healthcare, primarily in the U.S. The demand for collagen in Mexico and Canada is expected to be driven by the ascending demand for gummy confectionery products.
Europe was the largest regional segment in the market in 2019, in terms of volume. The regional market is likely to benefit from the presence of major sugar confectionery manufacturers such as Britannia Superfine and Astir. The high growth of the meat processing industry in this region has also fueled product demand. The region has a sizable number of slaughterhouses, which, in turn, has encouraged product manufacturers to set up their plants in this region.
Asia Pacific is anticipated to emerge as the most lucrative region over the forecast period with a volume-based CAGR of 6.5%. The region exhibits the presence of a well-established meat processing industry, coupled with high expenditure on industrial development by governing agencies to propel economic development. In addition, high investments in research and development activities to produce collagen-based products are expected to favor market growth.
Koninklijke DSM N.V.; Collagen Matrix; CONNOILS LLC; Rousselot BV; and Advanced BioMatrix, Inc.
Collagen Source Outlook
Collagen Product Outlook
Collagen Application Outlook
Food & Beverages
Bone & Joint Health Supplements
Beauty Supplements (Nutricosmetics)
Topical Cosmetic Products
Collagen Regional Outlook
Central & South America
Middle East & Africa
The Collagen market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Collagen market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Collagen market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Collagen market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Collagen market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Collagen capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Collagen by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Collagen market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Collagen market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Collagen market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Collagen industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
The Collagen market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Collagen market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Collagen market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Collagen market. These factors have benefited the growth of the global market for Collagen. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Collagen. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Collagen are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are: