Collagen is the protein found in muscles, bones, skin, blood vessels, digestive system and tendons. The global collagen market report has been segmented on the basis of source, application, and region. The global collagen market revenue is expected to register a highest CAGR over the forecast period.
Increasing disposable income, rapidly growing ageing population are factors expected to drive the growth of the market over the forecast period. Increasing demand for cosmetic products is other factor expected to support the growth of the market over the forecast period.
Based on source, the global collagen market is segmented based bovine, porcine, poultry, marine, and others. The bovine segment is expected to contribute major share of the market and expected to witness significant growth rate owing to its use in pharmaceutical and advanced skin care products.
Based on application, the global collagen market is segmented based food & beverages, healthcare, cosmetics, and others. The healthcare segment is expected to contribute major share of the market and expected to maintain its dominance over the forecast period as it improves digestion as well as bone and joint health. Cosmetics segment is expected to witness rapid growth rate over the forecast period.
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Regional segmentation includes North America, Europe, Latin America, Asia Pacific and Middle East and Africa. Asia Pacific contributes major market share and expected to maintain its dominance over the forecast period region. Countries like India and China is expected to support the growth of Asia Pacific market, owing to the growing awareness of collagen-based functional products among the people in the region as well as increasing number of research and development activities by players operating in the region.
Some prominent players in the global collagen market are Collagen Matrix, Inc., Collagen Solutions Plc., Rousselot, CONNOILS LLC, Advanced BioMatrix, Inc., Nitta Gelatin, NA Inc., Xiamen Yiyu Biological Technology Co. Ltd., Gelita AG, Holista Colltech Limited, and Trobas Gelatine BV.