The latest market report published by Credence Research, Inc. “Global Hydrolyzed Collagen Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Hydrolyzed Collagen Market generated revenue of around USD 1,110.36 million in 2021 and is anticipated to grow a CAGR of over 6.77% during the forecast period from 2021 to 2028 to reach around USD 1,809.12 million in 2028. While, cumulative growth opportunity presented by the global Hydrolyzed Collagen is around USD 10.51 billion during 2022 to 2028.
Global Hydrolyzed Collagen Market, 2021 – 2028 (USD Million)
Browse the full report at Hydrolyzed Collagen Market Size, Trends, Share and Growth Report Forecast to 2028 | Credence Research
Collagen is most widely available protein in body of any mammal which is equal to around one third of entire protein exists in whole body. Collagen cannot be directly absorbed by human body, and the collagen more refers to the collagen peptide in this industry, so our statistics is given priority to with collagen peptide. Collagen peptide is a precursor collagen product made from collagen or gelatin after protease degradation treatment, whose molecular number is about 3000 daltons. Collagen peptide is also called collagen hydrolysate, hydrolyzed collagen protein, gelatine, gelatine hydrolysate and hydrolyzed gelatin.
Bovine Collagen to Grow at Rapid Pace
Fish Collagen, Bovine Collagen, Pig Collagen and Others are some of the important types of Hydrolyzed Collagen used across different industries. However, Bovine Hydrolyzed Collagen is growing in demand and held significant share in total revenue generation with over 40% in 2021. While, Fish Collagen, Pig Collagen and others segments collectively held over 50% share in total revenue generation in 2021 and poised to play important role in growth of Hydrolyzed Collagen in the years to come.
Nutraceuticals to Govern Future Growth of Hydrolyzed Collagen Industry
Food, Nutraceuticals, Cosmetics, Medical and Others are major application markets for the global Hydrolyzed Collagen industry. Nutraceuticals industry held the largest share of global Hydrolyzed Collagen industry in 2021 with over 35% contribution to revenue generated by Hydrolyzed Collagen market. Secondly, food, cosmetics and medical industry is also expected to grow at a significant CAGR which in turn likely to drive demand for Hydrolyzed Collagen.
Europe is Second Leading Market for Hydrolyzed Collagen
Europe is second leading the Hydrolyzed Collagen industry with over 30% share in 2021. Increasing trend of nutraceutical consumption coupled with high level of health awareness among end-users in the region is driving the demand for hydrolyzed collagen in the region. Germany, France and UK tops the list of highest consuming countries of Hydrolyzed Collagen in Europe. While, Chibna, Japan, South Korea and India held over 80% share in Asia Pacific in 2021.
Major players operating in the Hydrolyzed Collagen industry include but not limited to Nitta Gelatin, BHN Co., NIPPI, Rousselot, Gelita, Tessenderlo Group, Weishardt Group and Lapi Gelatine. Global Hydrolyzed Collagen market is characterized by the presence of large number of manufacturers across the world. Increasing production capacity in order to achieve economies of scale and growing in market share is primary focus of the industry participants.
Global Hydrolyzed Collagen Market by Type, 2016 – 2028
- Fish Collagen
- Bovine Collagen
- Pig Collagen
Global Hydrolyzed Collagen Market by Application, 2016 – 2028
Global Hydrolyzed Collagen Market by Company, 2016 – 2028
- Nitta Gelatin
- BHN Co.
- Tessenderlo Group
- Weishardt Group
- Lapi Gelatine