Report Overview
Collagen market size is estimated to be valued at USD 4.7 billion in 2022 and is projected to reach USD 7.2 billion by 2030, recording a CAGR of 5.3% during the forecast period in terms of value. The main reasons propelling the growth of the worldwide collagen market are the rising use of collagen in the food sectors, rising interest in protein consumption & nutricosmetics, rising applications in healthcare, and rising use of collagen-based biomaterials.
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Source Insights
Based on source type, marine segment is forecasted to grow at the highest CAGR from 2022 to 2030. The demand for marine collagen has witnessed an uptick, especially in the cosmetics sector. There is immense scope for the usage of marine collagen in cosmetic products, as it offers a host of cosmetic and beauty benefits for the consumer. Marine collagen is used as an anti-aging formula to reduce wrinkles and uplift skin cells, as it can improve skin elasticity. Moreover, marine collagen, especially type I, has proven to be effective in the growth and maintenance of hair, nails, and teeth.
Form Insights
The dry form of collagen is available as agglomerated or fine powder. Due to its quick solubility behavior, the powder form is majorly used in various industries. Powdered collagens showcase excellent blending properties, which is why it is increasingly being used in various food applications. These can be added to most food applications, including coffee, smoothies, dairy products, snacks, soups, sauces, and confectionery products. The agglomerated powder possesses several other advantages: no lump formation, dust-free handling, smooth flowability, consistency, no clogging, and excellent storage ability. All these properties drive collagen’s powder form in food processing.
Product Type Insights
By product type, gelatin is the largest market in the global market. Gelatin is a colorless, flavorless, and translucent, brittle food ingredient, which is derived from collagen obtained from various animal body parts. It is obtained not only from animal skin but also from fish and insects. Manufacturing of gelatin includes two methods, which are the alkaline and acid processes, to manufacture type A and type B gelatin, respectively. Gelatin is widely used in foods to improve elasticity, consistency, and stability. Gelatin is used to make gelatinous desserts, gummy candies, many yogurts, and marshmallows. Gelatin is also found as a common ingredient in soups, broths, sauces, marshmallows, cosmetics, and medications. This common thickening and gelling agent are an animal-based product that contains high levels of protein.
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Regional Insights
Europe is the largest region in the global collagen market in the forecast period. The presence of major collagen manufacturers such as Tessenderlo Group (Belgium), GELITA AG (Germany), Lapi Gelatine S.p.a. (Italy), Weishardt Holding SA (France), among others, 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 Tessenderlo Group (Belgium), GELITA AG (Germany), Holista Colltech (Australia), Darling Ingredients (US), Nitta Gelatin NA Inc. (Japan), Gelnex (Brazil), Lapi Gelatine S.p.a. (Italy), Weishardt Holding SA (France), Royal DSM N.V (The Netherlands), and Collagen Solutions LLC (UK).
