The global collagen market is estimated to be valued at USD 4.1 billion in 2021 and is projected to reach USD 5.3 billion by 2026, recording a CAGR of 5.4%, in terms of value. Collagen has versatile properties that enable it to be extensively used in various industrial applications such as medical, cosmetics, and food & beverages. Hence, increasing application of collagen in the pharmaceutical and cosmetics industry is expected to fuel the demand for collagen products. However, cultural restrictions prohibiting consumption of animal-sourced food & beverages are hindering the growth of collagen market.
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The Europe region is the largest region in the collagen market in the forecast period
Europe is the largest region in the global collagen market in the forecast period
The presence of major collagen manufacturers such as GELITA AG (Germany) and Weishardt Group (France), further drives the market in the region.
This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as GELITA AG (Germany), NITTA GELATIN, INC. (US), Weishardt Group (France), Darling Ingredients Inc. (US), Nippi Collagen NA Inc. (Japan), Vinh Hoan Corporation (Vietnam), Junca Gelatines S.L. (Spain), Lapi Gelatine S.p.a. (Italy), Gelnex (Brazil), Vital Proteins LLC. (US).
By source, the marine & poultry segment is projected to grow with the highest CAGR in the collagen market during the forecast period
Based on source, the marine & poultry segment is projected to be the fastest-growing segment in the collagen market. Marine collagen is better, in terms of health benefits and bioavailability, as compared to bovine or porcine collagen types. Marine collagen is also widely used in dentistry, generally as membrane, bone graft materials, local delivery agents, and hemostatic agents. Collagen extracted from chicken is used for medicine. It supports connective tissues such as tendons and ligaments as well as muscle, bone, skin, and cardiovascular systems.
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By application, pharmaceutical segment is projected to grow fastest in the collagen market during the forecast period
By application, the pharmaceutical segment is anticipated to grow fastest over the forecast period. Collagen has a wide range of applications in the medical and pharmaceutical sectors due to its versatile nature. The increasing health & medical issues are expected to fuel the demand for collagen proteins.