The rising demand for convenience food and increasing awareness of collagen in the medical and healthcare industries are the major driving factors for the market. On the other hand, the cultural restrictions due to the usage of animal skin are projected to hinder the market growth.
The gelatin segment is estimated to dominate the global 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. It is also added in sauces and soups to thicken the consistency and provide a better product to the consumers.
The bovine segment is estimated to account for the largest share in the market in 2018. Bovine collagen is found in cows; it is a naturally occurring protein present in the cartilage, connective tissues, bones, and hides of cows. The collagen present in cows is similar to the collagen present in human bodies. Bovine collagen is rich in type I and III collagen. This type of collagen benefits the nails, skin, tendons, eyes, hair, muscles, bones, and blood vessels.
The pharmaceutical & healthcare segment is projected to grow at the highest CAGR during the forecast period Factors such as changing lifestyles and increasing population of working women are driving the demand for ready-to-eat collagen globally. Collagen has a wide range of applications in the medical & pharmaceutical sector due to its ability to reconstruct the bone. They are widely used in plastic surgeries, burn care, orthopedics, wound care, dentistry, and cardiovascular practices. The increasing health and medical issues have led to the increasing use of collagen in medical applications.
The ROW market is projected to witness the fastest growth during the forecast period. The collagen market in these regions is witnessing significant growth due to the growth of the cosmetic industry. Rising per capita income, improved standard of living, and a growing number of working women have increased the sales of cosmetics.
Key players include 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), among others
Key Questions Addressed by the Report
· What are the new trending products that the collagen companies are exploring?
· Which are the key players in the market and how intense is the competition?
· What are the upcoming growth trends that the collagen manufacturers are focusing on in the future?
· What are the high growth opportunities in the collagen market for each segment?
What are the key growth strategies adopted by major market players in the collagen market?
1.1. Market Definition
1.2. Study Scope
1.3. Study Period
1.4. Market Stakeholders
2. Research Methodology
2.1. Secondary Research
2.2. Primary Research
2.3. Research Design
2.4. Data Validation
2.5. Limitations and Assumptions
3. Market Dynamics
4. Executive Summary
5. Market For Collagen, By Source
5.3. Marine & Poultry
6. Market For Collagen, By Product Type
6.2. Hydrolyzed Collagen
6.3. Native Collagen
7. Market For Collagen, By Application
7.1. Food & Beverages
7.2. Pharmaceutical & Healthcare
8. Market For Collagen, By Region
8.1. North America
8.2.6. Rest of Europe
8.3. Asia Pacific
8.3.5. South Korea
8.3.6. Rest of APAC
8.4. Rest of the World
9. Company Profiles
9.1. Gelita AG
9.2. Nitta Gelatin
9.3. Weishardt Group
9.4. Darling Ingredients
9.5. Nippi Inc.
9.6. Vinh Hoan
9.7. Juncà Gelatines, S.L.
9.8. Lapi Gelatine S.p.a
9.10. Vital Proteins
9.11. Baotou Dongbao Bio-Tech
9.12. Rabj Co., Ltd.
9.14. Nutra Food Ingredients
9.15. Intalgelatine S.p.a
10. Conclusion and Recommendations
11.2. Related Reports