Collagen Market Size to Hit USD 21.4 Billion by 2030

According to Nova one advisor, the global Collagen market size is expected to hit around USD 21.4 billion by 2030 from valued at USD 10.5 billion in 2021 and growing at a CAGR of 9.2% from 2022 to 2030.

Collagen Market: Overview

• Collagen is an insoluble, hard, and fibrous protein that makes up one-third of the protein in the human body. Collagen is secreted by various cells, but primarily by connective tissue cells.
• Different sources of collagen are bovine, porcine, marine, and poultry
• Collagen is widely used in industries such as pharmaceutical & healthcare, food & beverages, cosmetics, and nutraceuticals
• Collagen is available in the form of gelatin, hydrolyzed gelatin, and native collagen

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Report Scope of the Collagen Market

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 Collagen Market: Key Drivers

• Manufacturers of collagen-based products are launching new products in order to provide enhanced treatment options for wound care and orthopedic applications
• In May 2021, Rousselot, a prominent manufacturer of gelatin for pharmaceutical, food, and nutrition industries, announced the launch of X-Pure GelDAT, the first-ever purified and phenol-functionalized gelatin
• In February 2019, Collagen Matrix, Inc. launched OssiMend bone graft matrices from its spine business unit. The OssiMend bone graft matrices are intended to provide scaffold for a patient to grow a new bone and are primarily used in spinal fusion surgeries.
• Launch of new products is projected to address key unmet medical needs of millions of individuals who suffer from mobility-related health issues such as bone health and joint health problems
• Increase in burden of joint conditions such as osteoporosis and osteoarthritis is anticipated to fuel the growth of the global collagen market. According to the International Osteoporosis Foundation, globally, osteoporosis causes more than 9.9 million fractures each year, with around 200 million women, mostly above the age of 50 years, are affected by this condition.

Market Segmentation: Collagen Market

• In terms of source, the global collagen market has been classified into bovine, porcine, marine, and poultry. The bovine segment accounted for major share of the global collagen market in 2022.
• Based on application, the global collagen market has been categorized into pharmaceutical & healthcare, food & beverage, cosmetic, nutraceuticals, and others. The food & beverage segment dominated the global collagen market in 2021 and the trend is expected to continue during the forecast period.
• In terms of product, the global collagen market has been segmented into gelatin, hydrolyzed gelatin, and native collagen
• Each of the segments has been analyzed in detail for market trends, recent trends, and developments, drivers, restraints, opportunities, and useful insights. The collagen market report provides current and expected revenue (US$ Mn) for each of these segments from 2022 to 2030, considering 2021 as the base year. The compound annual growth rate (percentage CAGR) has been provided for each segment and market from 2022 to 2030 along with market size estimations.

Comprehensive Applications of Collagen Fueling Market Growth

Rising use of collagen in medical devices and drug delivery systems, preference for minimally invasive technologies, and effectiveness in wound healing are expected to be some of the key factors driving the global demand for collagen in the upcoming years. Easy availability of a number of collagen sources and low antigenicity of the material grant collagen important in a number of industries such as pharmaceuticals, food & beverages (F&B), and cosmeceuticals.

The high and rising demand for a variety of collagen products in the field of wound healing will play a major role in the overall development of the collagen market in the next few years. The high demand for a biodegradable material in the wound healing sector will be due to the rising prevalence of a number of chronic diseases such as cancer and diabetes.

Collagen Helps Develop Label-friendly Food & Beverage Products

Companies in the global collagen market are unlocking revenue opportunities in pharmaceutical & healthcare, food & beverages, cosmetics, and nutraceutical applications. The food & beverage segment dominated the global collagen market in 2021, and the trend is likely to continue during the forecast period. Collagen is a basic ingredient in various food products. Collagen is fat-free, cholesterol-free, and low in calories. Moreover, its high protein content is translating into value-grab opportunities for collagen manufacturers in the F&B sector. These factors make it a label-friendly ingredient in various food products. These factors are boosting growth in the food & beverage sector.

Marine, Porcine or Bovine: Which Collagen Type is Better?

Presently, bovine and porcine sources are among the leading sources of collagen used across a number of applications. Bovine collagen, one of the largest industrial sources of collagen, accounted for 30 kilo tons of collagen in the global market in 2014. Porcine collagen, on the other hand, accounted for 27.4 kilo ton of the overall collagen market in the same year.

However, the global usage of collagen from both these sources is expected to witness slight decline over the forecast period. Factors affecting the overall consumption of collagen produced from these sources will be concerns regarding disease transmission, in the case of bovine collagen, and cultural impact & possible allergic reactions, in the case of porcine collagen. Hence, manufacturers should collaborate with researchers to develop bovine and porcine collagen that reduces adverse effects in consumers.

On the other hand, marine collagen is considered to be the safest among all possible collagen sources and expected to witness the highest rise in consumption on the global front.

Regional Overview: Collagen Market

• North America dominated the global collagen market in 2021, accounting for 37% share. The U.S. lead the market in North America owing to factors such as increase in incidence of joint disorders, surge in the geriatric population, rise in demand for better health care facilities, and adoption of improved products & technologies.
• Asia Pacific is anticipated to gain market share during the forecast period. Product launches, acquisitions, distribution agreements, alliances, and geographical expansion by local players, especially in China and India, are expected to propel the collagen market in the region

Some of the prominent players in the Collagen Market include:

• Collagen Solutions plc
• CollPlant Ltd.
• Gelita AG
• Koninklijke Dsm N.v.
• Nippi Incorporated
• Rousselot (Darling Ingredients, Inc.)
• Nitta Gelatin, Inc.
• Weishardt
• Vinh Hoan Corporation
• Lapi Gelatine S.p.a.
• Integra LifeSciences Holdings Corporation
• Getinge AB

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Nova one advisor, Inc. has segmented the global Collagen market

• By Source
  • Bovine
  • Porcine
  • Marine
  • Poultry
• By Application
  • Pharmaceutical & Healthcare
  • Food & Beverages
  • Cosmetics
  • Nutraceuticals
  • Others
• By Product
  • Gelatin
  • Hydrolyzed Collagen
  • Native Collagen

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Benefits for Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global Collagen industry analysis from 2022 to 2030 to identify the prevailing Collagen industry opportunity.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the global Collagen industry segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global Collagen industry trends, key players, market segments, application areas, and market growth strategies.

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