The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global collagen market has witnessed a robust expansion, surging from $5.78 billion in 2022 to $6.21 billion in 2023, demonstrating a commendable Compound Annual Growth Rate (CAGR) of 7.5%. The journey doesn’t halt here; forecasts predict further growth, with the market size expected to reach $8.8 billion by 2027, maintaining a compelling CAGR of 9.1%.

• Impressive Growth Figures:
  • 7.5% CAGR elevates the market from $5.78 billion to $6.21 billion in 2023.
  • Anticipated growth to $8.8 billion by 2027 at a compelling CAGR of 9.1%.

Obesity Epidemic: A Driving Force for Collagen Market Surge

A burgeoning obese population globally is playing a pivotal role in propelling the collagen market forward. Obesity, a perilous condition associated with numerous health risks, including heart disease and diabetes, is a significant contributor.

• Impact of Obesity on Collagen Market:
  • Collagen supplements may aid weight loss by increasing satiety and reducing hunger.
  • The suppression of ghrelin, a hunger hormone, contributes to weight management.
  • A-Minsia survey highlights the alarming rise of obesity, affecting over 2 billion adults globally in 2020.

Market Leaders: Powerhouses Steering the Industry

Major players in the collagen market, including Gelita AG, Nitta Gelatin Inc., and Darling Ingredients, exert substantial influence, shaping the market dynamics and driving innovation.

• Key Market Players:
  • Gelita AG, Nitta Gelatin Inc., Junca Gelatines S.L., Lapi Gelatine, Darling Ingredients, and more.
  • Their strategic roles are instrumental in steering the collagen market’s growth.

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Innovations in Product Solutions: The Rise of Collagen Gummies

Recent trends in the collagen market reveal a surge in nutritional gummies, chewable soft capsules, and enteric capsules. Industry giants are focused on developing innovative product solutions, catering to the evolving preferences of consumers.

• Emerging Trends:
  • Vital Proteins Collagen Gummies, OLLY Glowing Skin Vitamin Gummies, and NeoCell Beauty Bursts Collagen Soft Chews are notable introductions in 2021.
  • Collagen gummies, rich in biotin, nourish the skin and support hair and nail growth.

Segmentation Insights: Navigating Collagen Diversity

The collagen market showcases a rich tapestry of diversity, segmented by product type, dosage form, source, and application, reflecting the multifaceted nature of collagen consumption.

• Segmentation Overview:
  • By Product:
    • Gelatin
    • Hydrolyzed Collagen
    • Native Collagen
    • Synthetic Collagen
  • By Dosage:
    • Powder
    • Liquid
    • Capsule
  • By Source:
    • Bovine
    • Porcine
    • Marine & Poultry
  • By Application:
    • Food
    • Health care
    • Nutraceuticals
    • Personal Care & Cosmetics

Regional Dynamics: North America Leads, Asia-Pacific Grows Rapidly
In 2022, North America asserted its dominance as the largest region in the collagen market. Looking ahead, Asia-Pacific is poised to be the fastest-growing region, indicating the dynamic shift in global market dynamics.

• Regional Influence:
  • North America emerges as the largest region in the collagen market in 2022.
  • Asia-Pacific expected to witness the fastest growth in the forecast period.

Read The Full Collagen Market Report Here:
https://www.thebusinessresearchcompany.com/report/collagen-global-market-report

The Collagen Global Market Report 2023  provides an overview of the collagen market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The collagen market forecast analyzes collagen market size, collagen market share, leading competitor and their market positions.

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