Collagen Market (2020 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Collagen market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
“Collagen Market report is anticipated to register a CAGR of 6.9% over a five years forecast period (2020 – 2023).”
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List of Major Key players operating in the Global Collagen Market are –
- Rousselot B.V.
- Ewald-Gelatine GmbH
- Gelita AG
- Holista Colltech Limited
- Junca Gelatines S.L
- Lapi Gelatine
- Nitta Gelatin Inc.
- PB Gelatins GmbH
- REINERT GRUPPE Ingredients GmbH.
The collagen market was valued at USD 3200 million in 2016 and is expected to grow at a CAGR of 6.9%. The increasing consumption, demand in key segments such as dietary supplements, food additives, beverages and meat products have been driving the sales of collagen and its derivatives worldwide.
Growing Popularity of Collagen-Based Functional Products
The increasing use of collagen as a functional ingredient has been driving its growth. The link between consumption of collagen and the health benefits it provides has led to the establishment of collagen supplements industry. Nowadays, collagen has become a key ingredient in most of the health foods. Collagen productions in the body decrease with age and bad diet. The wide application spectrum of collagen as a food additive has been another driving factor of global collagen market. Collagen has been applied as protein dietary supplements, carriers, food additive, edible film and coatings.
The growing popularity of soy based products, especially in nutricosmetics has been acting as restraint for global collagen market.
The emerging research in collagen based food products and collagen’s role as a carrier of active substances such as antioxidants, antimicrobials, colors and flavors can be a substantial value-addition to growing nutraceuticals and supplements market.
Extensively employed in dietary supplements
Collagen has wide spectrum of applications as food additives right from storage stability of confectionery and dairy products to enhancing processabilty and organoleptic properties of packaged food products. Collagen is extensively employed for dietary supplements owing to the growing health consciousness and wide array of health benefits provided by collagen and its derivative products. Collagen role as tenderizing agent in meat and meat products is gaining popularity. Another important application of collagen is nutricosmetics wherein almost every anti-aging products contains added collagen as a base material promoting the overall health of skin, particularly the dermis.
Animal based collagen is dominating the market by source
The extraction of collagen, particularly bovine and porcine, is commercially feasible. The abundant supply, easy availability and biodegradability also favors the animal-based collagen market. Animal based collagen is dominating the global market with a market share of 78% owing to its wide usages in nutricosmetics, food and beverage products and nutraceuticals particularly dietary supplements. Marine based collagen offers additional advantages of increased bioavailability, fat and calcium free, waste product utilization as well as diseases free component.
North America is dominating the market globally with a market share of 31.3% in 2016 followed by Europe during the forecast period.
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Scope of the Report:
The report analyses Collagen market, which includes –
- Analysis of the growth of Collagen market in global and regional level including Asia-Pacific, Americas, and EMEA.
- The report provides Collagen market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
- The report offers country level Collagen market volume and value by end-user segment for the period 2012-2023.
- Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Collagen market are discussed.
- The report provides competitive landscape at country level for the year 2020. It also covers key policies and initiatives, key deals, and key upcoming projects.
Highlighted points of Collagen Market Report:
- Varying dynamics of the Collagen industry.
- Prospective changes in sales volumes and worldwide share growth in upcoming years (2020-2023).
- Collagen market report recognizes the key drivers of growth and challenges of the key industry players.
- Competitors profiles along with product description, overview, and business data.
- A complete analysis of market risks, opportunities, limitations, and growth of the market.
- Market driving and restraining factors.
- Delivers information on the historical and current market size and the future potential of the market.
- Collagen market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.
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Reasons to Purchase Collagen Market Report:
- The report analyses how stringent emission control norms will drive the global Collagen market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major Collagen market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
In this study, the years considered to estimate the market size of Collagen:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2020
Forecast Year 2020 to 2023
Look into Table of Content of Collagen Market Report @ https://www.360marketupdates.com/TOC/12883654#TOC
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