The global collagen & gelatin market size is expected to reach USD 1,416.3 million by 2030 according to a new study by Polaris Market Research. The report “Collagen & Gelatin Market Share, Size, Trends, Industry Analysis Report, By Application (Pharmaceuticals, Food & Beverage, Cosmetic, Nutraceutical, Technical, Healthcare, Others); By Product; By Source; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
There has been a rise in healthcare awareness and concerns among the young population in order to live a healthy life. Furthermore, the market is predicted to rise due to technological advancements, rising disposable income, and higher demand for nutraceuticals over the forecast period. Other factors that are predicted to fuel industry growth include rising demand for nutritional supplements with an extensive range of applications, changing lifestyles, and increased food processing throughout time.
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However, industry development is projected to be hampered by greater usage of low-cost alternatives and safety concerns. The upsurge in research and development activities along with rising demand for plant-based goods, on the other hand, are expected to provide profitable prospects in the collagen peptide industry in the near future. Pharmaceuticals, food & beverage, cosmetic, nutraceutical, technical, healthcare, and others are the application segments of the global industry. These are widely utilized as food additives; hence the food & beverage category leads the global industry. It increases the rheological qualities of sausages and frankfurters while leaving animal nutrients alone.
It is a sophisticated food additive commonly utilized in the food and beverage industry to increase product flexibility, consistency, and stability. It also improves the product's quality, nutritional value, and health value. They are being used as a protein supplement, a carrier, a food ingredient, an edible film, and a coating, thereby gaining huge revenue in the food & beverage segment of the industry.
Some of the major players operating the global market including PB Leiner, Collagen Solutions PLC, Zimmer Biomet, Rousselot, Geistlich Pharma AG, Colllant Biotechnologies Ltd., Integra LifeSciences, Jellagen, Matricel GMBH, Royal DSM, Symatese, Weishardt, Xiamen Hyfine Gelatin, Nitta Gelatin Inc., and Gelita AG.
In May 2021, to market its ovine (sheep) collagen in China, HolistaCollTech's subsidiary, Holista Biotech, has formed a distribution partnership with Malaysia-based Mutiara is about to market its ovine (sheep) collagen into China. Similarly, in May 2021, With the debut of X-Pure GelDAT – Gelatin Desamino-tyrosine, Darling Ingredients Inc.'s Rousselot brand increased its portfolio of pure, pharmaceutical-grade, modified peptides. It's the first widely accessible biomaterial of its kind, created in response to customer demand to remove the constraints encountered in clinical translation.
Polaris Market Research has segmented the collagen & gelatin market report based on product, source, application, and region:
Collagen & Gelatin, Product Outlook (Revenue - USD Million, 2018 - 2030)
Collagen & Gelatin, Source Outlook (Revenue - USD Million, 2018 - 2030)
Collagen & Gelatin, Application Outlook (Revenue - USD Million, 2018 - 2030)
Collagen & Gelatin, Regional Outlook (Revenue - USD Million, 2018 - 2030)