Global Collagen Market Trends, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global collagen market in its upcoming report titled, “Global Collagen Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global collagen market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global collagen market report has been segmented on the basis of source, application, and region.

Collagen is a long chain amino acid found in skin, tendons, muscles, and bones of the body. Collagen is an insoluble, hard, and fibrous protein which provides strength and structure. Collagen is secreted by various cells, but mainly by connective tissue cells and found in extracellular matrix. Collagen promotes healing and provides platform for new tissue growth. Collagen improves health of skin and hair and strengthens nails, and teeth. In addition, it can be used in treatment of osteoarthritis.

Rapidly growing ageing population and growing awareness regarding use of collagen-based functional products is a key factor expected to drive growth of global collagen market over the forecast period. Wide applications of collagen in various industries such as healthcare and food and beverages etc. is other factor expected to drive the growth of the market. Increasing demand for collagen in cosmetic industry, as it can improve skin elasticity, boost skin hydration and reduces wrinkles can in turn create demand for collagen in cosmetic industry thus driving growth of global collagen market over the forecast period. In addition, increasing disposable incomes of consumers and increasing funding by private and public organization is expected to boost the growth of global collagen market over the forecast period.

However, risk associated with disease transmission from animal based collagen product is major factor expected to restraint growth of the global collagen market over the forecast period.

Manufacturing companies can focus on development of innovative use of collagen for various therapeutic purpose which creates a lucrative opportunity for existing as well as new entrant operating in the market.

Asia Pacific market dominates the global collagen market in terms of revenue contribution as compared to that of markets in other regions. The market in the Asia Pacific is projected to register comparatively faster growth in terms of revenue over the next 10 years and this is attributed to increasing demand for beauty products and health supplements in the region. North America accounts for larger revenue share contribution to the global collagen market, followed by markets in Europe, Latin America, and the Middle East & Africa respectively.

Global collagen market segmentation, by source:

• Bovine
• Porcine
• Poultry
• Marine
• Others

Global collagen market segmentation, by application:

• Food & beverages
• Healthcare
• Cosmetics
• Others

Global collagen market segmentation, by region:

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