Target Audience of Collagen Market: Manufacturer / Potential Investors, Traders, Distributors, Wholesalers, Retailers, Importers and Exporters, Association and government bodies.
Collagen Market Report provides key statistics on the market status of the Collagen Key-players/Manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Industry
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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Major companies covered in this Report:
- 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.
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This Collagen market report offers an overview of the market trends, drivers, and barriers with respect to the market. A detailed analysis of key players, along with key growth strategies adopted by them is also covered in this report on Collagen market.