Collagen Market - Growth, Trend, and Forecast (2017 - 2022)
The global collagen market is expected to witness a CAGR of 6.3% to reach a market value of USD XX billion by 2022. Collagen is the most abundant protein of animal origin and is used as a food additive, which improves the rheological properties of sausages and frankfurters, along with ensuring the presence of animal nutritive fibers in adequate quantity.
Collagen is a modern foodstuff widely used in food & beverage industry. It also enhances the quality, nutritional and health value of the products. Collagen is applied as a protein dietary supplement, carrier, food additive, edible film and coating.
The health benefits linked with collagen have led to the establishment of collagen supplements industry. Owing to their moisture absorption feature, collagen and its fractions have shown major function as valuable nutritive fibers and protein source in composing human diets.
The non-availability of plant-based collagen & the negative impact of the religious or cultural beliefs will restrain the uptake of collagen-based products.
The collagen market is segmented by sources into animal- and marine-based products. Animal-based collagen products are extracted from cattle hide & bone, pigskin, and poultry & fish as major collagen peptide sources. Major food industries that find growing application of collagen are meat processing, dietary supplement, food additives, beverages and anti-aging products. Collagen application is high in the health-linked supplements industry. There are a many collagen-infused drinks released by the manufacturers, such as soy collagen, cocoa collagen, cappuccino collagen, etc. The collagen market size is also analyzed for the key regions that include North America, Europe, Asia-Pacific, South America and Africa.
North America and Europe account for a major share of the collagen market, due to the increased uptake and awareness about collagen and its benefits. The collagen market in Asia-Pacific is anticipated to record the highest growth rate during the forecast period.
The global collagen market is fragmented with the involvement of many small-scale regional players, around the globe; however, the leading companies are, currently, driving the growth. Geographical expansion has been the major growth strategy, as companies try to explore the untapped markets in developing regions. Food grade bovine collagen, Colageno, is manufactured by JBS, Brazil, and Cosen by China. In addition, Peptan is manufactured by Rousselot SAS, France and Ni-Kollagen by Bionic Life Science, Malaysia.
The collagen market has been dominated by few leading players, such as-
Collagen Solutions plc
Key Deliverables in the Study
Market analysis for the global collagen market, with region-specific assessments and competition analysis on a global and regional scale.
Market definition along with the identification of factors instrumental in changing the market scenario and prospective opportunities.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global collagen market for composites market on both, global and regional, scales.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Insights on the major countries/regions where this industry is growing and identify the regions that are still untapped.