Global Collagen Market Size is Expected to Grow to $6731.18 Million by 2029

Global Collagen Market Overview

According to Global Market Monitor, the global collagen market size will reach $4849.51 million in 2024 and is expected to grow to $6731.18 million by 2029.

Collagen refers to a family of proteins that are the primary structural component of connective tissues, which contain specific amino acids. Collagen helps to give strength to various structures of the body and protects structures like the skin by preventing absorption and spreading of pathogenic substances, environmental toxins, microorganisms, and cancerous cells.

Wide Range of Applications

Collagen is the most abundant and widely distributed functional protein in mammals, with hemostatic properties, biocompatibility, biodegradability, and low immunogenicity. Collagen has a broad spectrum of applications. It is widely used in the cosmetic, pharmaceutical, medical, and food industries because of its high biocompatibility, non-toxicity, and biodegradability.

The rising popularity of the product as a cosmetic ingredient to prevent aging effects such as wrinkles is expected to open new market avenues by 2026. Healthcare has become the main downstream driver of the collagen industry. With the growth of per capita disposable income, the proportion of healthcare expenditure in per capita consumption expenditure is steadily increasing, and the healthcare sector is becoming a major driver of future growth in the global collagen market.

Global Collagen Market Size

Regional Market Status

The collagen market in North America is expected to be driven by the growth of various end-user industries such as healthcare, cosmetics, and food & beverage among others. In addition, the market in the region is expected to be positively influenced by the rising preference for health drinks among consumers. The regional market is expected to benefit from the presence of a strong healthcare industry coupled with increased public expenditure on healthcare, especially in the U.S. The demand for the product is expected to be driven by the increasing demand for gummy confectionery products.

The Asia Pacific region dominates the market. This is attributed to the rapid developments in key economies such as India and China is expected to drive the market space. Secondly, as the population ages, health and wellness are becoming more important, which has increased demand for products that promise to support healthy aging and general well-being.  Further, their popularity has also been aided by social media impact and celebrity endorsements of these supplements.  Trends often influence shoppers to look for products that are perceived to be beneficial for their appearance and health.  South Korean beauty care products that emphasize the importance of collagen also drive the market.  Furthermore, improvements in e-commerce platforms have made it simpler for customers to obtain a variety of supplements, thus increasing consumer demand for these products.

By Type

Fish Collagen

Bovine Collagen

Pig Collagen

Others

The bovine collagen segment accounts for the largest share.

By Application

Food

Health Care Products

Cosmetic

The food segment occupies the biggest share.

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