Collagen Market Dynamics: Key Drivers, Challenges, and Future Prospects
The global collagen market, valued at USD 5.1 billion in 2023, is poised for significant growth, projected to reach USD 7.4 billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.3%. This expansion is driven by multiple factors, including rising health and wellness trends, an aging population seeking age-related remedies, and the beauty industry’s demand for collagen-based anti-aging...
Collagen Industry Size, Growth, Key Players and Regional Analysis | 2030
The collagen industry, valued at USD 5.1 Billion in 2023, is on a trajectory of remarkable growth, anticipated to reach USD 7.4 Billion by 2030. This robust compound annual growth rate (CAGR) of 5.3% during the forecast period is driven by a convergence of factors spanning health and wellness trends, an aging population seeking remedies for age-related concerns, and the beauty and cosmetics industry’s...
Collagen Market Size, Share, Trends & Growth Report, 2030
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,...